AUTO INDUSTRY NEWS

BPI Auto Loan launches innovative online auto sale

BPI Auto Loan launches innovative online auto sale image

Text: Brent Co / Photos: | posted March 11, 2013 13:46

Online Auto Madness offers special deals and attractive loan rates

BPI Family Auto Loan recently launched an innovative online auto sale for the summer. From March 7 to 31, the very first Online Auto Madness will be held on a website providing special deals to go along with BPI Auto Loan’s convenient online loan facility, free insurance with acts of nature coverage and low loan rates.

Brand new car shopping has been made simpler through done in just three simple and easy steps. First, log on to www.bpiautomadness.com and choose a car from the Car Buyer's Guide for vehicles available in the market. Then, compute for the downpayment and monthly amortization that best suits you. Finally, fill out and submit a simple application form to complete the process. A loan decision can be received within 3 to 8 hours.

“We believe that this is the best time for Filipinos to take advantage of our offerings and acquire their brand new cars. We made car ownership unbelievably easier and more accessible to Filipinos, wherever they are, through the first-and-only Online Auto Madness,” says Mr. David Sarmiento, Jr., SVP and Head of Auto Loans Division.

1st Car Plan

The bank also recently debuted its new 1st Car Plan which makes owning a brand new car easy and affordable for first-time car buyers.  Easy ownership includes a low 10% downpayment and light monthly amortization of up to 72 months loan term, and free comprehensive insurance with Acts of Nature Coverage. Under the 1st Car plan, BPI Auto Loans chose five economically priced and practical sub-compact models. Customers can choose from the Hyundai Eon, Mitsubishi Mirage, Honda City, Toyota Vios, and Ford Fiesta.

The program is simple and accessible as an application can be done in as fast as five minutes by following three easy steps on the BPI Auto Loans website. Indicate your combined (husband and wife, when applicable) monthly income, Select your preferred car, down payment, and monthly payment (in any order), and Fill out and submit a simple form.