5 Steps in Processing Car Financing in the Philippines

Whether you are out to buy a new car or want to acquire one via used car financing in the Philippines, there are specific ways to get low interest and achieve the fastest possible loan approval from lending companies. The real issue here is that if you want to buy one, you have to know what necessary steps to take or undergo to get your dream auto the fastest possible way. I will reveal these techniques based from my own experience as a top loan consultant for many lending companies in the Philippines for more than 3 years now.

Car Financing 2013-2015 Recap - Tips for Buying 2nd Hand Car and Getting a Good Used Car Financing Company

Car Financing Tips 2015

This is just to give you a good bird's eye view of what I am getting at to help you get to your goal this year 2015. I have started this blog to tip off Pinoys who are looking to buy 2nd hand car and have it financed through a legitimate low interest offer financing company in the Philippines.

I am a loan consultant to top multiple lending companies in the country and I absolutely know how it works and how to help my clients come up with the fastest possible processing for the next second hand auto buy through financing. Below are my 2013-2015 car financing recap help tips.

10 Best Places and Ways to Find the Lowest Price Second Hand Car in the Philippines for Financing your First Used Car Buy

The Science Behind Brand New Car Vs Second Hand Car

Many Filipinos cannot afford to buy a brand new car and although some can do, there is still a big chance that one might decide to buy a used car thru financing especially if this is your first vehicle. The reason is so simple - deciding to buy will always involve the price range difference and we all know that second hand cars in an instant look is way way cheaper than a brand new car. Since budget is one of the biggest issue when buying any type of vehicle, buyers usually end up preferring a second hand car more than a brand new one. Futhermore, new auto although in a long term is far more durable than used ones will always be a step behind affordability issues for maybe at least 70%-90% of the buying population. This is the reason why second hand car buy and sell is one of the most profitable businesses in the Philippines today.

3 Ways to Get Low Price and Interest for your Second Hand Car Financing

Call Us for Used Car Financing

Second hand car financing in the Philippines had always been a profitable industry for many car dealers and small player sellers. The continued manufacturing and lowering of prices for brand new cars have even contributed to making available, more cars under repossession and mortgage foreclosure. This is because so many attractive promos, discounts and offers have poured in the past decade for brand new car buyers. Thereby, resulting in bulking up of repossessed assets all over the country through banks, private lending companies and financiers that I know of in the car loan industry.