IF you’re seeking a fast and easy way to determine if your dream car is finally within your grasp, BPI Family Savings Bank (BFSB) now has a 60-second pre-qualification auto-loan tool to assist you. In order to experience this swift and exciting process, visit the Manila International Auto Show (Mias) at the World Trade Center in Pasay City from April 5 to 8.
With this new tool, people can quickly find out possible monthly payments, loan terms and down-payment options for the vehicle of their choice according to BFSB Retail Lending Group Head Qit Abola. “By being at Mias, we are able to show clients that car ownership can be a hassle-free and rewarding experience,” Abola said. “Imagine that, once you have made choice, you can drop by our booth and apply for an auto loan in just a minute. It is very convenient, approval is fast and we have exclusive offers to make car ownership really easy for all Mias visitors.”
In the last eight years, BFSB’s partnership with Mias not only assisted families to find the affordable car-loan packages but also gotten trusted financial advice. Further, the collaboration continues to empower Filipinos to make their dreams of owning a car come true. “As a leader in the auto-loan industry, BPI Family always seeks to help Filipinos own the car of their dreams, Abola added. “With all the cars on display, we want to be the bank partner when a Mias visitor is finally ready to buy his or her dream car.”
As the event’s official bank partner, BFSB recognizes the important role that Mias is representing to the Filipino car culture and the country’s automotive industry. This year, over 130,000 visitors are expected to attend the four-day affair and both Mias and BFSB are looking forward to offer the best deals.
This year’s theme is “#MIAS Work & Play” and, as usual, the auto show is set to showcase the latest models of cars, motorcycles, trucks and other commercial vehicles from various participating manufacturers. Mias Cofounder and organizer Alvin Uy explained that having an auto-loans partner is an essential success ingredient of the event. “We are excited about this year’s partnership with BFSB, especially since loan facilities are vital in ensuring sustainable growth in the auto industry,” Uy said. “Having an auto-loans partner allows for affordable payment options and schemes to our visitors. We thank BPI Family for its continued trust in our event and making sure that our visitors are given the best deals at very competitive interest rates for their purchases.”
While the effects of the recently-implemented Tax Reform for Acceleration and Inclusion law may worry potential car buyers, BFSB believes that the personal income-tax cut, which provided additional disposable income, will compensate for the price increase. “The additional purchasing power freed up by the TRAIN law should give potential car buyers the ability to purchase vehicles despite the increase in prices, fuel and overall inflation. Along with our affordable loan packages, we believe that we can give families the best offers that suit their capabilities and needs,” said Nicholas Mapa, BPI Economist.
Complimentary tickets await the first 1,000 preferred clients who will visit the event. Simply present any of these cards: BPI Gold Debit Card, Ayala Rewards Circle Card, BPI EMV Debit Card and Gold BPI Express Credit Card. This is apart from exclusive offers and exciting freebies for the on-site applicants, which include free comprehensive insurance for the first year, free chattel mortgage fees and free Petron gas card. Moreover, BPI Family is in a partnership with Volkswagen in offering an all-in low down payment of P180,000 for the Jetta sedan.
Image credits: Randy S. Peregrino