MAKATI CITY, Philippines – BPI Family Savings Bank (BFSB) will let people know if they are ready and able to make their dream car a reality using its 60-second pre-qualification auto loan tool, during the Manila International Auto Show (MIAS) happening on April 5 to 8, 2018 at the World Trade Center in Pasay City.
Qit Abola, BPI Family Retail Lending Group Head, said people can quickly find out possible monthly payments, loan terms, and down payment options for the vehicle of their choice.
“By being at MIAS, we are able to show clients that car ownership can be a hassle-free and rewarding experience,” said Abola. “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.”
BFSB continues to empower Filipinos to make their auto dreams happen through its partnership with MIAS. Now on its 8th year, the partnership has helped families find affordable car loan packages and gain trusted financial advice.
“As a leader in the auto loan industry, BPI Family always seeks to help Filipinos own the car of their dreams, said Mr. Abola. “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.”
Being the official bank partner of MIAS, BFSB acknowledges how MIAS has become an event that speaks to Filipinos about cars. With over 130,000 expected visitors in the four-day event, MIAS and BFSB hopes to offer the best deals.
With the theme #MIAS Work & Play, MIAS will once again present the latest brands and models of cars, motorcycles, trucks and other commercial vehicles. Alvin Uy, co-founder and organizer of MIAS, said 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,” said Uy. “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 (TRAIN) Law may worry potential car buyers, BFSB believes the tax cut, which results in 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 MIAS event. All they have to do is present the BPI Gold Debit Card, Ayala Rewards Circle Card and BPI EMV Debit Card, or Gold BPI Express Credit Card.
BPI Family has signed up Volkswagen as a partner to offer an all-in low down payment of Php 180,000 for Jetta.
More exclusive offers and exciting freebies will also be available to those who will apply onsite, including free comprehensive insurance for the first year, free chattel mortgage fees, and free Petron gas card.
For more information on BPI Family Auto Loans, visit https://www.bpiautoloans.com/.