Auto Loan Financing (Consumer Loans)
Own a brand-new vehicle at terms you can afford. With BMI's Auto Loan Financing, you can purchase a sedan, an SUV, AUV or van without having to break the bank!
• For individuals seeking to buy a brand new first, second or third vehicle for personal use
• Eligible for financing sedan, Sports Utility Vehicle (SUV), Asian Utility Vehicle (AUV) or van (basic unit only)
• Minimum down payment of 20% of Listed Cash Price (LCP) for first-time buyers; or 15% of LCP for 2nd/3rd-car buyers
• Loan terms of 12, 18, 24, 36, 48 and 60 months
o Chattel Mortgage Agreement
o Original LTO Certificate of Registration (CR)