Enjoy the following offers with your BDO Auto Loan
● Low Rates
● Free 1st Year Motor Insurance
● Waived Fees up to P30,000
● P10,000 Preventive Maintenance Service PMS Voucher from Participating Dealers
The BDO Deals On Wheels (“Promotion”) applies to all brand new car buyers who will apply for a BDO Auto Loan from July 15 – August 31,2021 (“Promo Period”) through the BDO Deals On Wheels online 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 October 31, 2021 (“Promo Availment Period”) for client to enjoy the following:
Waived Fees 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 rates and waived fees offer.
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
Qualified clients under the Promotion can get waived fees of up to P30,000. Amount of loan related fees to
be waived will depend on loan amount:
Waived Fee Amount
PHP 600,000 - PHP 999,999
PHP 1,000,000 - PHP 1,499,999
PHP 1,500,000 - 1,999,999
PHP 2,000,000 - PHP 2,999,999
PHP 3,000,000 and above
The corresponding amount shall be applied as a reduction to loan related fees that client will be paying upon loan availment.
Low interest 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
A condition for the availment of the Free First Year Motor Insurance Premium is that the Client shall renew the insurance coverage for the succeeding two (2) years through BDO Insurance Brokers, Inc (BDOI). The Client should also agree to issue two (2) postdated checks payable to BDO Insurance Brokers, Inc (BDOI) as payment of the premiums for Year 2 and Year 3 insurance renewal. Applications received during the Promo Period will be eligible for Free First Year Motor Insurance except those applying for motorcycle units.
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.
All applications qualified for the Promotion will undergo standard evaluation and approval process of BDO, subject to completion of required loan documents.
Employees of BDO and its subsidiaries and their relatives up to the second degree of consanguinity are not qualified for the promotion.
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.