AUTO INDUSTRY NEWS

BPI Family Auto Loans come with Free GPS

BPI Family Auto Loans come with Free GPS image

Text: / Photos: Brent Co | posted February 16, 2011 09:28

Free AVT GPS Navigator with BPI Family Auto Loans from February 14 to April 1

Following a successful performance in 2010, BPI Family Auto Loans welcomes the new year with a bright outlook by offering free AVT Global Positioning System (GPS) Navigator units to complement the brand new vehicles of qualified loan applicants. In 2010, BPI Family Savings Bank enjoyed an above-industry growth, posting a 35% increase year-to-date in amount financed. The bank is projecting a double-digit increase in business volume for 2011 after a 26% increase in January compared to last year.

"As we begin a new year, BPI Family Auto Loans is always on the lookout for ways to make driving their brand new cars easy for Filipinos throughout the country. We do this by creating outstanding value such as our Real Thrills promo. Following the initial Auto Madness event in Alabang wherein we gave out free GPS units, we are now taking this initiative to a nationwide scale," said Mr. David Sarmiento Jr., SVP and Auto and Motorcycle Loans Division Head

The FREE GPS Real Thrills promo runs from February 14 to March 15, 2011 and is open to all clients who apply, get approved, and avail of a BPI Family Auto Loan; units must be delivered within February 14 to April 1, 2011. As a requirement, a minimum finance amount of Php700,000 and a term of not less than 36 months for brand new cars and for private use only.

Apart from the Real Thrills promo, the bank also offers Superior Auto Loan package which features approval in as fast as 3 - 8 hours and insurance payable in 12 monthly installments. Borrowers also get a FREE Petron-BPI MasterCard with free fuel and fuel rebates. Payments can be easily through the bank's over 800 branches nationwide or conveniently via auto debit arrangement, Express Online, Express Phones, or ATM.

The bank also recently launched its new loans website www.bpiloans.com which makes loan application easier and faster via the web. The site also features a car buyer's guide with a list of automobile brands and models complete with specs and prices. The site also includes an auto loans calculator to give buyers an idea of how much they need to shell out for monthly payments.