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Auto Loan Application Guide

    REGULAR FINANCING OPTIONS

    1)       Downpayment  -  20%, 25%, 30%, 35%, 40% 45%, 50% of Unit Price
      Balance  -  monthly installment - 24 months, 36 months,48 months or 60 months

    2)       Other Fees -  3 yrs LTO Registration, 3 yrs TPL, Chattel Mortgage Fee and
    1 yr Comprehensive Insurance with "Acts of God"

       Overseas Filipino Worker
    1)      Ask your authorized representative (a spouse, parent, relative or friend) to contact
            us for personalized and hands-on servicing.

    2)      Make a reservation of Php 5,000.00 for the vehicle unit of your choice.  This is
            advised esp. if your choice vehicle is in demand. Orders are served on a  
            "first - to reserve - first - to- be served" policy.  You may pay in cash or check, a
            corresponding Official Receipt will be issued to confirm your reservation.  
                  This will be deducted from your total amount due upon purchase of your vehicle.

    3)          FINANCING PROCEDURE
    a)          Duly fill up Auto Loan Application Form provided herewith and submit it to
                 us  for processing.

    b)          Provide us with a copy of the following:
    1.          Your latest Job Contract or COE with Gross Compensation
    2.          At least 3 months Proof of Remittances to the Philippines

     In case of releasing/ delivery of unit in your absence, pls provide us
    3.         A copy of your valid ID with picture and signature (eg. passport,
               driver's license etc)
    4.         Special Power of Attorney (SPA) for your authorized representative
               duly consularized  by the Philippine Embassy located in the country  
                where you are working.  (Sample Form is provided herewith)
                  -   Initially fax the SPA to your Authorized Representative to present
                 to us so we will know who to coordinate with here in the Phils.
                  -   Prior to the release of your vehicle, your Authorized
                Representative must  
                        submit  the original    
                In lieu of SPA - The Spouse can now sign our Affidavit of Marital
                Consent to purchase a unit without the presence of the spouse
                working abroad.
    5.          Your Tax Identification Number (TIN) or that of your spouse or if
                single, your co-maker's TIN (usually parent/s or sibling/s)
    6.          Local Residence Certificate (Both)

    c)          Financing applications takes a minimum of 3 days or more to process
                depending on individual cases.

    d)          Inform us when you plan to purchase the unit of your choice.  It would be
                ideal for OFWs to apply for an auto loan application
                 One (1) a week before their arrival (Metro Manila & Suburbs residents)
                 Four (4) 4 weeks before their arrival (Provincial residents)

    ** Do you have a short vacation?  Do you want to maximize your vacation time?  
    When you qualify, we can assist in  processing your auto loan even while you are
    abroad.

    For Local Buyers
    1)        Make a reservation of Php 5,000.00 for the vehicle unit of your choice.  This is
    advised esp. if your choice vehicle is in demand. Orders are served on a  "first - to
    reserve - first - to be served" policy.  You may pay in cash or check, a corresponding
    Official Receipt will be issued to confirm  your reservation.  This will be deducted from
    your total amount due upon purchase of  your vehicle.

    2)          FINANCING PROCEDURE
    1.    Your latest Contract of Employment with Gross Compensation
            or Copy of DTI [Business Reg]  
            or SEC if your income is derived from business.
                      Upon release of the vehicle to you, provide us with the following:
    2.    A copy of your valid ID with picture and signature
           (eg. passport, driver's license, PRC ID, SSS ID, GSIS ID, etc)
    3.    Your Tax Identification Number (TIN) or that of your spouse or if single,
            your co-maker's TIN  (usually a parent, a brother, a sister)
    4.    Residence Certificate (Both)

    3)         Financing applications takes a minimum of one (1) day - three (3) days - Metro
                Manila & Suburbs Residents and three (3) days - seven (7) days for Provincial
                Residents