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August 15th, 2014 04:47 PM #1
With your deal, you will be paying 2.35M for a 1.925M car.
Fairly low interest but unless you need the money now for something else, I still think it's better to pay in cash.
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August 15th, 2014 04:51 PM #2If you want financing, how about paying the highest DP you can afford and getting the shortest monthly installments?
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August 15th, 2014 05:14 PM #3I'm interested in both cash and financing because I have an existing loan facility I can tap. I will be paying interest regardless. I can either get an auto loan or tap my existing loan facility. It really depends on the deal on the table. For instance, I was comparing the all-in package offered to me, and it seemed better than a cash discount that brings down MSRP to P1,835000. But if there are existing cash deals that offer bigger discounts, it may make sense to tap my existing loan facility. If there are none, or if there are even better financing packages out there, I'd take that package instead. But thanks for the inputs!
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August 22nd, 2014 11:44 PM #4just bumping this.
Anyone with info on the best deal being offered for the Sorento EX CRDI 7 seater? Thanks
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September 12th, 2014 02:48 PM #6ask Kia sucat, Look for RD. gave me a good deal on the 7 seater last may.
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September 13th, 2014 01:54 AM #7
why not go through the regular bank financing? with atleast 20% dp, your monthly amortization should be less than 30k for 60 months. There are also some banks like Metrobank offering free chattel mortgage and insurance, which will save you more money.
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September 13th, 2014 07:36 AM #8
huge discounts next year...when they release the 2016 Tiger-Nosed Sorento...lol
release date june/july/Aug 2015 or possibly earlier? im not sure.
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