Category: Car Loans

What’s Going on with Insuring Vehicles with Assumed Mortgage Arrangements

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When people purchase their vehicles, they often have two payment methods to do so. They can buy their cars with cash upfront, saving them from paying interest and financing costs. On the other hand, car buyers can also purchase their vehicles via a car loan. This option allows them to acquire a car without being burdened by spending a huge amount of money in one go. Spreading the payment for…

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Purchasing a Car with a Car Loan: Advantages and Disadvantages [Infographic]

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Buying a car is no longer a luxury but a necessity for Filipinos, especially those who have used the country’s inadequate and inefficient mass transport system. Car buyers have many factors to consider when purchasing a vehicle. Besides the fuel, maintenance, and car insurance Ph costs, they also need to deliberate on paying for their cars. Paying in cash is the cheapest way to purchase a car. However, this payment method is…

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Requirements You Need to Get A Car Loan in the Philippines

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Because our country has a poor and inefficient mass transport system, buying a car is no longer a luxury but a necessity. As such, many Filipinos opt to buy a brand-new or a used car in order to have a more comfortable trip to and from their destination   Cars for sale in the Philippines are not that cheap—especially the brand-new cars. Good thing there’s this thing called a car…

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