Apply for an Auto Loan online or at any
BDO branch and enjoy big savings!
Low Rates
Rebate up to P30,000
Free 1st Year Motor Insurance
P10,000 Preventive Maintenance Service (PMS) Voucher from Participating Dealers
Promo Mechanics
The BDO Deals On Wheels (“Promotion”) applies to all brand new car buyers who will apply online for a BDO Auto Loan from August 1 to September 15, 2024 (“Promo Period”) through the BDO Deals on Wheels accessed via www.bdo.com.ph/dealsonwheels . Offer is also available at any BDO Branch nationwide.
The Auto Loan application should be subsequently approved and booked no later than November 15, 2024 (“Promo Availment Period”) for client to enjoy the following:
Rebate of up to P30,000
Low interest rate
Free First Year Motor Insurance
Preventive Maintenance Service (PMS) voucher worth P10,000 (for vehicles sourced from participating dealers)
Note: All Applications availing of All-In Financing (a financing option inclusive of loan related fees) are not eligible for low interest rate and rebate offers.
To qualify for the Promotion, the following conditions must be met:
The BDO Auto Loan application is for a brand new car and for private use only
Loan Term should at least be 36 months
Loan Amount availed should at least be P600,000
Rebate
Qualified clients under the Promotion can get rebate on their loan related fees of up to P30,000. Rebate amount will depend on the loan amount.
Loan Amount
Rebate Amount
PHP 600,000
PHP 999,999
PHP 5,000
PHP 1,000,000
PHP 1,499,999
PHP 10,000
PHP 1,500,000
PHP 1,999,999
PHP 15,000
PHP 2,000,000
PHP 2,999,999
PHP 20,000
PHP 3,000,000 and above
PHP 30,000
Qualified clients should first pay their Loan Related fees. Payment should only be done through a BDO Branch. Rebate amount will then be credited to their nominated BDO Checking or Savings Account within 10 days after loan booking
Low rates and fast loan processing
The client will be provided an interest rate lower than the published BDO Auto Loan rate by a Sales Account Officer.
The client may get conditional approval in as fast as 1 banking day.
Free First Year Motor Insurance
Applications received during the Promo Period will be eligible for the Free First Year Motor Insurance except those applying for motorcycle units. Qualified clients shall renew the insurance coverage up to the term of the loan through BDO Insurance Brokers, Inc. (BDOI) as a condition for the availment of the Free First Year Motor Insurance Premium. Client should also agree to pay succeeding years’ insurance premium up to the term of the loan via Automatic Debit Arrangement or through Auto charge to their BDO Credit Card.
Preventive Maintenance Service (PMS)
The participating dealership will extend a Preventive Maintenance Service (PMS) worth P10,000 to qualified clients under the Promotion who will purchase their brand new car from them.
The P10,000 worth of Preventive Maintenance Service (PMS) can be applied as a reduction to the client’s bill during their PMS visit to the Participating Dealer where they purchased their vehicle.
General
All applications qualified for the Promotion will undergo standard evaluation and approval process of BDO, subject to completion of required loan documents.
The offer cannot be availed in conjunction with other BDO Auto Loan promotions and/or offers.
In case of dispute, BDO’s decision shall be final in concurrence with DTI. These terms and conditions are subject to any relevant law, government direction and regulation. The promotion will be void where prohibited or restricted by law or government regulations.