car loan

**Excalibur** · March 19th, 2012 11:38 AM

Originally Posted by JUNFLO76

try nyo PSBank for your auto loans application
I can seek approval within 24 to 48 hours
you can reach me at these numbers
3628189 or 91
09228407027
bmflorencio*psbank.com.ph
junflo76*yahoo.com

TIA for considering PSBank

Jun Florencio

Hi Sir.

I want to trade-in my car and have the fair assessed value deducted from the total amount of the brand new car to be bought. Is this possible?

Say for example, my car has an assessed value of 145K. Could this be deducted from the supposedly 20 or 30% down payment (which is inclusive of the insurance, CM and 3yr registration)??

**malcoxx** · March 28th, 2012 01:53 AM

Toyota Vios 1.3 E
Institution Bank In-House
SRP 695000 695000
Chattel 12000 Free
LTO 7000 Free
Insurance 20850 Free
Downpayment 139000 88000
Monthly 12047 13855
Difference in Monthly 0 108480
Total Cash out 178850 196480
Interest per Annum 6.6% 6%

Please help me digest this computation.
It seems that the in-house institution is a clear winner if you are short of cash and also is a nice deal as you will pay for the additional fees in the MA instead of paying it upfront.

TIA experts

**jdee12** · April 1st, 2012 01:24 AM

mga paps, tanong lang
pag mag aauto loan ba sa dealer ang dp tapos ung chattel mortgage sa bank na babayaran?ganun ba talaga?

**rmsoriano** · April 2nd, 2012 02:01 AM

Yes sir, ganun nga iyon...

Originally Posted by jdee12

mga paps, tanong lang
pag mag aauto loan ba sa dealer ang dp tapos ung chattel mortgage sa bank na babayaran?ganun ba talaga?

**axelross** · April 10th, 2012 04:40 AM

uhmm mga sir ask ko sana kung tama pagkakaintindi ko... pagka kuha po ng quote sa bank like kung magkano monthly payment and down..ndi pa kasali dito ung LTO, chattel?, at comprehensive insurance...requirement po ba ng bank ung compre? and pinaka question ko ndi po ba pwede isama sa loan ung fees na ito? kelangan mo tlga bayaran separately? so pumapatak ang gagastusin mo is pang down, then monthlyand then insurance fees at LTO? salamat po sa makakasagot =)

**KERSMcRae** · April 10th, 2012 09:32 AM

Originally Posted by axelross

uhmm mga sir ask ko sana kung tama pagkakaintindi ko... pagka kuha po ng quote sa bank like kung magkano monthly payment and down..ndi pa kasali dito ung LTO, chattel?, at comprehensive insurance...requirement po ba ng bank ung compre? and pinaka question ko ndi po ba pwede isama sa loan ung fees na ito? kelangan mo tlga bayaran separately? so pumapatak ang gagastusin mo is pang down, then monthlyand then insurance fees at LTO? salamat po sa makakasagot =)

it depends on the time you applied for a loan. there are times that they offer promos that include (free) LTO registration and chattel.. though some terms may apply..

**_Qwerty_** · April 10th, 2012 09:35 AM

kung hindi free ang LTO, chattel and insurance.. yes kailangan ito bago mo makuha yung sasakyan.. separate ito unless pumayag ang bank na isama sa loan.. pero wala pa akong naririnig na ganon... yung insurance.. usually sa bank din kinukuha ito.. pwede itong installment..

Originally Posted by axelross

uhmm mga sir ask ko sana kung tama pagkakaintindi ko... pagka kuha po ng quote sa bank like kung magkano monthly payment and down..ndi pa kasali dito ung LTO, chattel?, at comprehensive insurance...requirement po ba ng bank ung compre? and pinaka question ko ndi po ba pwede isama sa loan ung fees na ito? kelangan mo tlga bayaran separately? so pumapatak ang gagastusin mo is pang down, then monthlyand then insurance fees at LTO? salamat po sa makakasagot =)

**axelross** · April 12th, 2012 01:28 AM

sir salamat sa reply...clarification lang po...pag sinabi mong sa bank kinukuha ung insurance..you mean ndi ako pwedeng kumuha ng compre insurance outside? what if ayaw ko na pong gumastos pang comprehensive insurance kundi ordinary insurance lang cguro (kung may ganun man) or wala? indi nila irerelease ang sasakyan?..tyvm po pasenxa na

**stavros** · April 12th, 2012 02:40 AM

Originally Posted by axelross

sir salamat sa reply...clarification lang po...pag sinabi mong sa bank kinukuha ung insurance..you mean ndi ako pwedeng kumuha ng compre insurance outside? what if ayaw ko na pong gumastos pang comprehensive insurance kundi ordinary insurance lang cguro (kung may ganun man) or wala? indi nila irerelease ang sasakyan?..tyvm po pasenxa na

Pwede kumuha outside pero kung bank loan, ipipilit ng bank na sa kanila ka kumuha. Dapat nag tanong ka na din sa ibang company, para pwede mo counter yung bank na mas mura sa ganito ganyan baka pwede tapatan or lower na lang.

**fourtheboys96** · April 12th, 2012 11:34 AM

Originally Posted by axelross

sir salamat sa reply...clarification lang po...pag sinabi mong sa bank kinukuha ung insurance..you mean ndi ako pwedeng kumuha ng compre insurance outside? what if ayaw ko na pong gumastos pang comprehensive insurance kundi ordinary insurance lang cguro (kung may ganun man) or wala? indi nila irerelease ang sasakyan?..tyvm po pasenxa na

kung yung sinasabi mo ay yung TPL (ordinary insurance pag rehistro ng sasakyan), hindi papayag ang banko. dapat comprehensive insurance kasi hindi mo pa bayad yung kotse mo. sila ang nag-abono para bayaran yun sa car manufacturers. yung comprehensive insurance, fall back nila yan in case may mangyari sa sasakyan.