VALUATION OF VEHICLES | -
model 1994-up maximum of 70% - maximum of 700Kor 50% of selling price for high end cars. |
INTEREST RATE (Add-On) | : | 5.5% per month |
PROCESSING FEE | : |
3% - P 1,000 storage fee per month (1 month advance for the 1st month less to poceeds) (Storage fee to be paid by client for the succeeding month) - P 2K for LTO Verification / Goodwill Chattel Fee of 2.5% based on the approved amount |
TERMS | : | 90 days renewable |
PROCESSING TIME | : |
2-3 hours depending on the distance of LTO office |