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Car loans

Compare car loans and auto financing by down payment, term and total cost. Include insurance and registration when planning what you can afford.

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₱50,000₱5,000,000
12 months60 months

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13 companies to compare

Choose an amount and term above to see potential options.

Updates as you adjust

We check your choices against published information. Missing terms still need confirmation, appearing here does not mean approval. How this works

Asialink Finance

Car & Truck Financing

Finance company
Loan amountConfirm your limit
TermConfirm available terms
Published rateIndividual quoteRate and fees depend on your offer
Monthly repaymentQuote neededProvider conditions applyView loan →
Published informationDetails & conditions

Who can apply: Vehicle assessment

Financing for new or used cars and trucks. The selected vehicle, deposit and approved schedule determine the cost.

A complete, comparable repayment schedule has not been verified. Ask for the effective interest rate, all fees, net proceeds and total repayment. Late-payment and early-settlement charges may apply.

Visit company website Quote required
BDO

Auto Loan

Bank
Loan amountConfirm your limit
TermConfirm available terms
Published rateIndividual quoteRate and fees depend on your offer
Monthly repaymentQuote neededProvider conditions applyView loan →
Published informationDetails & conditions

Who can apply: Open application

BDO lists vehicle financing. A dealer promotion and a bank quotation can include different insurance, deposit and fee arrangements.

Requirements & eligibility

Eligibility

  • Age 21–70 at maturity, Filipino or foreign national. Gross FAMILY income at least ₱50,000/month.
  • Employees: two years with employer, business: two profitable years, overseas employees: two–three years. Pre-owned vehicle no older than six years at loan maturity.

Documents to prepare

  • Application, government ID and income proof. Business applicants: two years audited statements, latest ITR, three months bank records and registration.
  • Foreign applicants: ACR and work permit. Comprehensive insurance and vehicle registration requirements apply.

Income basis: Family income: ₱50,000/month.

Requirements checked 2026-09-30. These are published criteria, not an approval decision. Additional documents may be requested.

A complete, comparable repayment schedule has not been verified. Ask for the effective interest rate, all fees, net proceeds and total repayment. Late-payment and early-settlement charges may apply.

Visit company website Quote required
BPI

Auto Loan

Bank
Loan amountFrom ₱200,000
Term12–60 months
Published rateIndividual quoteRate and fees depend on your offer
Monthly repaymentQuote neededProvider conditions applyView loan →
Published informationDetails & conditions

Who can apply: Open application

BPI offers auto financing. A vehicle quote should identify the financed principal after your deposit and any bundled charges.

Requirements & eligibility

Eligibility

  • Age 18–70 at maturity. Minimum household income ₱30,000/month.

Amount conditions: Brand new: up to 85% of purchase price. Used: up to 70%.

Income basis: Household income: ₱30,000/month.

Requirements checked 2026-09-30. These are published criteria, not an approval decision. Additional documents may be requested.

A complete, comparable repayment schedule has not been verified. Ask for the effective interest rate, all fees, net proceeds and total repayment. Late-payment and early-settlement charges may apply.

Visit company website Quote required
Bank of Commerce

Auto Loan

Bank
Loan amountFrom ₱100,000
TermConfirm available terms
Published rateIndividual quoteRate and fees depend on your offer
Monthly repaymentQuote neededProvider conditions applyView loan →
Published informationDetails & conditions

Who can apply: Open application

Bank of Commerce finances new-car purchases. Request a breakdown of the deposit, financed amount and vehicle-related charges before committing to a dealer.

Requirements & eligibility

Documents to prepare

  • Government ID, six months of bank statements, latest billing statement and dealer quotation.
  • Employment and income evidence, or business documents for self-employed applicants. OFWs provide contract and remittance records.

Amount conditions: Published term range is 12–60 months. The approved amount depends on the vehicle and assessment.

Requirements checked 2026-09-30. These are published criteria, not an approval decision. Additional documents may be requested.

A complete, comparable repayment schedule has not been verified. Ask for the effective interest rate, all fees, net proceeds and total repayment. Late-payment and early-settlement charges may apply.

Visit company website Quote required
China Bank Savings

Easi-Drivin’ Auto Loan

Bank
Loan amountConfirm your limit
TermConfirm available terms
Published rateIndividual quoteRate and fees depend on your offer
Monthly repaymentQuote neededProvider conditions applyView loan →
Published informationDetails & conditions

Who can apply: Open application

Regular and all-in auto loan arrangements are offered. Compare the full package, including items paid upfront.

A complete, comparable repayment schedule has not been verified. Ask for the effective interest rate, all fees, net proceeds and total repayment. Late-payment and early-settlement charges may apply.

Visit company website Quote required
Chinabank

AutoPlus

Bank
Loan amountConfirm your limit
TermConfirm available terms
Published rateIndividual quoteRate and fees depend on your offer
Monthly repaymentQuote neededProvider conditions applyView loan →
Published informationDetails & conditions

Who can apply: Open application

AutoPlus is Chinabank’s vehicle financing product. Promotions may have booking deadlines and vehicle restrictions.

A complete, comparable repayment schedule has not been verified. Ask for the effective interest rate, all fees, net proceeds and total repayment. Late-payment and early-settlement charges may apply.

Visit company website Quote required
EastWest Bank

Auto Loan

Bank
Loan amountConfirm your limit
TermConfirm available terms
Published rateIndividual quoteRate and fees depend on your offer
Monthly repaymentQuote neededProvider conditions applyView loan →
Published informationDetails & conditions

Who can apply: Open application

EastWest offers financing for brand-new and pre-owned cars. Confirm the vehicle age limits and deposit for your chosen unit.

A complete, comparable repayment schedule has not been verified. Ask for the effective interest rate, all fees, net proceeds and total repayment. Late-payment and early-settlement charges may apply.

Visit company website Quote required
Maybank

Auto Loan

Bank
Loan amountConfirm your limit
TermConfirm available terms
Published rateIndividual quoteRate and fees depend on your offer
Monthly repaymentQuote neededProvider conditions applyView loan →
Published informationDetails & conditions

Who can apply: Open application

Maybank offers auto finance. Ask for the effective rate, cash-price discount and the complete insurance and fee package.

A complete, comparable repayment schedule has not been verified. Ask for the effective interest rate, all fees, net proceeds and total repayment. Late-payment and early-settlement charges may apply.

Visit company website Quote required
Metrobank

Car Loan

Bank
Loan amountConfirm your limit
TermConfirm available terms
Published rateIndividual quoteRate and fees depend on your offer
Monthly repaymentQuote neededProvider conditions applyView loan →
Published informationDetails & conditions

Who can apply: Open application

Vehicle financing is listed by Metrobank. Compare the cash price, down payment, amount financed and required insurance together.

Requirements & eligibility

Eligibility

  • Gross family income ₱40,000/month, two years with employer or three profitable business years. Good credit history.

Income basis: Family income: ₱40,000/month.

Source discrepancy: Main page gives minimum age 18, online application FAQ gives 21–65 and a personal income test. Confirm the requirements for your application channel.

Requirements checked 2026-09-30. These are published criteria, not an approval decision. Additional documents may be requested.

A complete, comparable repayment schedule has not been verified. Ask for the effective interest rate, all fees, net proceeds and total repayment. Late-payment and early-settlement charges may apply.

Visit company website Quote required
PNB

Auto Loan

Bank
Loan amountConfirm your limit
TermConfirm available terms
Published rateIndividual quoteRate and fees depend on your offer
Monthly repaymentQuote neededProvider conditions applyView loan →
Published informationDetails & conditions

Who can apply: Open application

PNB lists auto financing. Obtain the financed amount, deposit, required insurance and written repayment schedule.

A complete, comparable repayment schedule has not been verified. Ask for the effective interest rate, all fees, net proceeds and total repayment. Late-payment and early-settlement charges may apply.

Visit company website Quote required
Loan amountConfirm your limit
TermConfirm available terms
Published rateIndividual quoteRate and fees depend on your offer
Monthly repaymentQuote neededProvider conditions applyView loan →
Published informationDetails & conditions

Who can apply: Open application

Vehicle finance with a rebate feature subject to its rules. Compare the full schedule and required insurance before valuing any rebate.

A complete, comparable repayment schedule has not been verified. Ask for the effective interest rate, all fees, net proceeds and total repayment. Late-payment and early-settlement charges may apply.

Visit company website Quote required
RCBC

Auto Loan

Bank
Loan amountConfirm your limit
TermRegular 12–60, Plus 36–60, Flexilite 36–96 months
Published rateIndividual quoteRate and fees depend on your offer
Monthly repaymentQuote neededProvider conditions applyView loan →
Published informationDetails & conditions

Who can apply: Open application

RCBC lists auto finance in its loan range. Request a quotation for the exact vehicle and down payment.

Requirements & eligibility

Eligibility

  • Age 21+ at application and no older than 70 at maturity. Filipino/dual citizenship, or qualifying special visa.
  • Employees: one year employment, OFWs: two consecutive years abroad. Business owners: two profitable years.

Documents to prepare

  • Employees: application, COE or ITR, two government IDs, TIN and utility bill. Business applicants: registration, audited statements and ITR or bank statements.

Amount conditions: Regular and Plus variants show 20% down payment. Flexilite displays 0% subject to its own conditions.

Source discrepancy: Eligibility text says ₱500,000 minimum for new vehicles and ₱200,000 for used/acquired units, a calculator panel shows ₱300,000. Confirm your vehicle and programme before relying on a minimum.

Requirements checked 2026-09-30. These are published criteria, not an approval decision. Additional documents may be requested.

A complete, comparable repayment schedule has not been verified. Ask for the effective interest rate, all fees, net proceeds and total repayment. Late-payment and early-settlement charges may apply.

Visit company website Quote required
Security Bank

Car Loan

Bank
Loan amountConfirm your limit
TermConfirm available terms
Published rateIndividual quoteRate and fees depend on your offer
Monthly repaymentQuote neededProvider conditions applyView loan →
Published informationDetails & conditions

Who can apply: Open application

Security Bank lists car finance alongside its home and personal loan channels. Compare the exact vehicle and insurance package.

A complete, comparable repayment schedule has not been verified. Ask for the effective interest rate, all fees, net proceeds and total repayment. Late-payment and early-settlement charges may apply.

Visit company website Quote required

What could the repayments look like?

Try different amounts, repayment periods and interest rates in the loan payment calculator. It is an independent example, not this company’s quote. A longer term can lower each payment while increasing total interest.

Already know your monthly budget? Estimate an amount you could plan around. For an actual offer, include its fees and payment schedule.

BEFORE YOU CHOOSE

What deserves a closer look

01

Compare equivalent offers

Use the same vehicle, cash price, down payment and tenor when requesting quotations.

02

Inspect all-in promotions

Free insurance or waived fees may come with a different interest rate. Compare the complete peso cost.

03

Ask about early settlement

If you plan to repay sooner, understand prepayment charges and how unearned interest is treated.

Your questions, answered.

Can I finance a pre-owned car?

Yes. Our comparison includes lenders such as BDO that finance eligible pre-owned cars. The car’s age, condition and accepted selling channel can affect eligibility. Have the lender assess the exact vehicle before committing to the purchase.

Does the bank finance the whole purchase price?

Do not assume full financing. Ask for the approved financed amount and calculate the cash deposit you must provide.

Can family income help with an auto loan application?

Some lenders assess qualifying combined family income, including BDO in our comparison. They may require supporting documents and another applicant to join the agreement. Confirm whose income counts and who will be responsible for repayment.

What documents does an employed car buyer need?

Prepare identification, employment details and evidence of earnings. Depending on the bank, this can include payslips, an employment certificate and tax records. Check the company profile and complete the bank’s current checklist before submitting.

Must I buy comprehensive insurance for a financed car?

Budget for comprehensive insurance unless your lender confirms otherwise. BDO, for example, requires it for financed vehicles. Ask about the first premium, annual renewal, required coverage and whether you can choose the insurer.

Are registration and processing costs included in the car price?

Not always. Ask the dealer and lender to separate the vehicle price, registration, financing charges and insurance. Add every required upfront payment to your deposit when working out how much cash you need.

Is a longer auto loan always cheaper?

A longer term can lower installments while increasing total interest. Compare the total financed cost and budget for maintenance alongside repayments.

What should I receive after fully repaying my car loan?

Ask the bank about releasing the original vehicle and mortgage documents, plus any cancellation process and fees. Keep the settlement confirmation.

Does Pesopal approve car loans or lend me money?

No. Pesopal compares car borrowing options and published information. The lender or programme administrator assesses your application and issues the offer. Changing our filters does not submit an application or guarantee eligibility.

What should I verify after comparing car options on Pesopal?

Check the vehicle price, deposit, insurance, fees and full repayment schedule on the lender’s official website or app, then confirm your written offer. Rates, fees, limits and requirements can change after our review, Pesopal’s figures are a comparison starting point, not a binding quote.

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