If you’re looking for a sign to buy your first set of wheels, this is it! The holiday season is fast approaching, and with it comes the excitement of bonuses and incentives—making now the perfect time to take the leap.
If upgrading your daily commute has been on your mind, there’s no better time than now. With irresistible promotions, booming car sales, and favorable loan options, 2024 could be the year you drive into the holidays in style. Read through to learn how you can secure an auto loan approval in just hours plus a limited time promo that will surely make your holidays merrier.
Car sales are booming (More choices for you!)
The Philippine automotive market has been growing steadily over the last decade, with a notable peak in 2017 when sales hit a record 487,000 units.1 Although there was a slowdown due to the pandemic, the market has rebounded impressively.
This rapid growth means more options for you! Car manufacturers are offering a wider variety of models at different price points. Whether you’re eyeing a fuel-efficient compact like the Nissan LEAF or need a spacious and eco-friendly family vehicle like the Toyota Innova Zenix,
there’s something for everyone—and just in time for those holiday road trips. Bonus season means more affordable car payments
The holiday season brings more than just festive cheer. It’s also when most employees receive their 13th-month pay and other bonuses. These windfalls provide the perfect opportunity to cover upfront costs when buying your first car, allowing you to enjoy the convenience and freedom of having your own vehicle. No more rushing to beat the commute during rush hour!
Lower interest rates and flexible terms
Majority of financial institutions have been offering competitive auto loans rates in recent years making car ownership more accessible than ever.
As car sales continue to soar and promotions grow more attractive, now is the perfect time to turn your dream car into a reality. With the market poised for record-breaking sales and financial institutions like PSBank offering low interest rates and flexible payment options, there’s never been a better moment to make a purchase.
PSBank Auto Loan Promo
PSBank’s Auto Loan is designed to make the car-buying process simple and convenient. You can apply online and receive approval within 24 hours, so you can take advantage of the latest deals and promotions. From October 15 until December 31, 2024, PSBank is offering an exciting promo where customers stand a chance to win PHP 10,000 in cash or up to PHP 50,000 worth of fuel e-vouchers with their auto loan application. Visit PSBank’s promo page to learn how you can qualify for the promo.
To know more about PSBank auto loans, visit https://www.psbank.com.ph/loans/auto. You can also compute your monthly amortization through PSBank’s Loan Calculator.
