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| UNIT TYPE
| DOWN PAYMENT
| TERMS*
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 | Brand New Vehicle
| As low as 15%
| 1-6 years
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| Second Hand Unit
| As low as 30%
| 1-4 years
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| Brand New Truck
| As low as 30%
| 1-3 years
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| * subject to credit approval
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| 3.
| What do I need to submit when I apply for a Drive your Dream Auto Loan?
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| If you are employed, we'll need a copy of your Certificate of Employment with Compensation or ITR, together with your completely filled-out application form.
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| If you are self-employed, we would need copies of your business registration papers, articles of incorporation (if applicable), latest financial statements, a list of trade references including addresses and contact numbers, and your completely filled-out application form.
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| 4.
| Why should I get a Drive Your Dream Auto Loan when all auto loans are basically the same?
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| The BPI Family Savings Bank Drive Your Dream Auto Loan is the superior auto loan. It gives you:
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| The Lowest Payment Package
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| Low, low Interest Rates
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| Downpayment as low as 15%
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| Longest repayment scheme – up to 6 years!
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| With a built-in EC Pay Auto Insurance Option
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| Superior Convenient Service through our One Stop Loan Shop
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| Fast Credit Processing
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| 5.
| What is EC Pay Auto Insurance?
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| EC Pay means Economical & Convenient Pay Auto Insurance. With BPI Family Savings Bank Drive your Dream Auto Loan, you don't need to shell out cash for your car insurance! Your insurance premiums will be packaged into your loan. Compared with other insurance plans, EC Pay offers you one of the lowest insurance premiums in the market, and it is co-terminus with your loan so renewal is automatic. There will be no hassles of following up with your insurance agent every year!
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| 6.
| What does One Stop Loan Shop mean?
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| One Stop Loan Shop is our commitment to superior customer service. BPI Family Savings Bank will assist you from sourcing the vehicle from the dealer, processing all the requirements, up to having your car delivered-right at your doorstep!
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| Age of the Vehicle
| Tenor
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| 1 year old or less
| Maximum of 48 months
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| 2 years old
| Maximum of 36 months
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| 3 years old
| Maximum of 24 months
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| 4 years old
| Maximum of 12 months
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| 8.
| Once I am granted a loan how do I pay for it?
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| There are 5 convenient ways to pay your Drive your Dream Auto Loan:
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| a.
| Auto Debit - Automatic deduction from your elected BPI or BPI Family Savings Bank savings or checking account on your due date.
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| b.
| Express Phone – Just enroll your loan account number in the Express Phone and experience banking convenience right at your fingertips.
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| c.
| Express Payment through the ATM – Visit any of our ATMs in any BPI or BPI Family Savings Bank branch in malls and in selected areas.
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| d.
| Via the Internet through BPI Express Online – Log on to www.bpiexpressonline.com and start paying your bills anytime…anywhere!
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| e.
| Over-the-counter Payment - Pay through any of our BPI and BPI Family Savings Bank branches nationwide.
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