BPI Family Auto Loan pioneers another extraordinary offer in the car financing industry with the first-ever Bagong Kotse, 1-Month Libre promo! With this new campaign clients will enjoy big savings with the free 1 month loan amortization they get when they avail of a BPI Family Auto Loan.
Potential car buyers will experience ease in financial transactions as the 1 month free amortization gives them a breather as they pay the usual incidental expenses (car insurance, car registration, chattel mortgage, etc.) that go with buying a brand new car. Starting January 25 until April 30, 2015, a client availing of a car loan with a loan term of at least 36 months qualifies for the promo.
Mechanics:
- The promo is open to all BPI/BPI Family Savings Bank (BFSB) clients who apply and avail of an Auto Loan from January 25 to April 30, 2015.
- Conditions to qualify:
- Loan term must be at least 3 years (36 months)
- Units must be delivered on or before April 30, 2015 and loan booked on or before May 5, 2015
- Vehicle must be brand new and for private use
- Vehicle should sourced from a local and accredited automotive dealer
- BPI/BFSB employees are not eligible for the promo
- Promo cannot be availed together with the Free Insurance Option.The minimum Loan Amount is Php 200,000.00. To avail of a loan, the purpose of the vehicle to be acquired should be for personal/business use and not an accommodation
- Promo Mechanics:
- The free 1 month amortization is the first month amortization
- The amortization amount is naturally dependent on the loan amount and loan term.
- The initial amortization to be paid the client (the second amortization in the schedule) shall be made 60 days upon the release of the unit!
More info at http://www.bpiautoloans.com/pages?page=Bagong-Kotse-1-Month-libre
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