Car loan (First time car buyer)

[sirkosero]

Planning to get 2nd hand car, but then, my inlaws told me na much better kung brand new, atleast sure ako sa performance. So eto na nga, nagtry ako magapply online kahapon sa PSBank, and after ilan hrs, nag CI agad sila both company and bahay. Ang nakakatuwa pa dito, nanghingi ng pang meryenda yung nag CI sa bahay.

After that, I received a text from PSBank that my application for auto loan was approved. Then they provide a contact details of an agent from PSBank na maghahandle ng loan ko. My question is, possible ba talaga yung ganito kabilis na proseso even hindi pa ko nagpasa ng requirements? I'm still shocked kasi after ilan try sa BPI na disapproved, sa PSBank, wala pang 1 day approve agad.

I remember sabi ng nagCI samin sa bahay eh siya na daw bahala sa approval ko sa loan. Hahahaha! Ano po ba proseso ng ganito? Thanks!

24 hours lang turn around time nila sa car loan. I suggest ask other banks para may option. East west is also good for car loans.

I still think getting a newer 2nd hand car is most practical. You will not be paying depreciation

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[jnsk]

Yan din sana plano ko. Ayaw ng father in law ko dahil di daw ako sure kahit ipacheck sa mechanic. Also, di naman daw magbebenta kung walang problema. Better get a brand new instead. Since naapprove kami sa bank, will proceed nalang with that. Hehe


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[shadow]

Yan din sana plano ko. Ayaw ng father in law ko dahil di daw ako sure kahit ipacheck sa mechanic. Also, di naman daw magbebenta kung walang problema. Better get a brand new instead. Since naapprove kami sa bank, will proceed nalang with that. Hehe


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Basta siya magbayad ng amortization sinabi mo sana


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[dr. d]

Basta siya magbayad ng amortization sinabi mo sana


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"kotse mo... pera mo!
heh heh.

nakikita ko nah...
bumili ka ng kotseng hindi approved niya..
pag na flat tire yan, kasalanan mo!

[Ketib]

"nakikita ko nah...
bumili ka ng kotseng hindi approved niya..
pag na flat tire yan, kasalanan mo!

Siguradong magmura![emoji12]

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[ray_noel]

Siguradong magmura![emoji12]

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Eh sobrang mura na yun... [emoji1787]


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[jnsk]

Hahaha gusto ko nga sabihin, penge po pang down payment! [emoji23] Buti nalang supportive yung mother in law ko. Sya nagprovide ng DP for us. [emoji23][emoji23]


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[chronicle]

Also, di naman daw magbebenta kung walang problema.


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Yan ang medyo skewed.
Some of the sellers have a set timeline when they will replace the car regardless of the condition.

And owning a bnew car aint risk free at all. Lemon unit

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[Dr.Kamiya]

I still think getting a newer 2nd hand car is most practical. You will not be paying depreciation

Absolutely agree with this point. One of the wealthiest among my friends says na the two things he hates paying for the most are taxes and depreciation.

[jnsk]

Saw these people from marketplace posting about PHBWorx and offering 0% interest on car loan. Sobrang tempting kasi base sa quotation nila, wala talagang interest.

Sample:
Car SRP 558,000
Downpayment 30%: 167,400
Less 10% Discount for the remaining balance: 39,060

Balance: 351,540 / 60 months = 5,859 monthly.

Anyone tried this? Parang too good to be true, or may something before mo ma-avail to. [emoji849]



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