Before the Internet, the people would browse thick yellow pages for car dealerships, ring up sales persons, and visit every showroom to help them decide which car to buy. It could be a real pain in the neck. Today, buying a car in the Philippines can be done in minutes to a couple of hours without the hassles of dropping by every dealership. You can now compare cars, their specifications, and prices, without leaving your desk.
What are the popular online platforms for new and used vehicles? What do they offer the buyers? What requirements do you need to prepare when you buy a car in the Philippines? Here’s your easy guide.
AutoDeal, the no. 1 automotive website in the Philippines, goes further than other car websites. According to latest data, this top-rated online platform is the most visited vehicle website in the country with more than 2 million monthly visitors. AutoDeal connects buyers with dealers across the country and provides insightful information on vehicles and the automotive industries. You can easily compare and contrast new and used cars in a user-friendly interface. If you need assistance in securing financing, AutoDeal can help you out.
AutoDeal doesn’t simply guide you through car ownership. It satisfies your need for everything in choosing and buying a new ride. You can check out car reviews from owners, drivers, and enthusiasts. AutoDeal offers a database of insightful articles on latest industry news and tips and advice, as well as informative car videos.
Are you purchasing your first ride? Before sealing a deal, make sure you’re ready for the long-term costs of owning a car. If your mortgage is being financed by a third party, take note that you’re updated with your monthly payments, which include interests. Consider insurance payments, costs associated with the Land Transportation Office registration and renewal, and maintenance and repair fees. Driving your own car also means you need to budget for fuel and parking fees.
Carmudi.com.ph allows you to do focused searches on tens of thousands of vehicles. It features a wide listing of new and secondhand cars, motorcycles and other commercial vehicles. Carmudi has a user-friendly interface and online tools that make vehicle searching and comparing seem like a walk in the park. Indicate your location, budget, and vehicle specifics such as brand, model, condition, and mileage. The website will bring you a selection of units that match your needs. Carmudi also offers promos such as low down payments, discounted rates, and even free gasoline.
What are the paperwork you need to bring home a new car? First, you should have a valid driver’s license that will also serve as your proof of identity. If you’re financing your loan through the dealership, you may be asked to submit additional evidence of identity such as electric or water bill. Under the law, every car owner should purchase a Compulsory Third-Party Liability Insurance. You’re free to get one from the dealership or a insurer of your choice. Finally, unless you’re paying in cash, you’d need a payment document which may be a bank check, check for a pre-approved loan, cashier’s check or personal check.
Are you planning to buy a second-hand car? Tsikot.com offers a wide selection of both new and used cars. You can search for car and motorbike models, makes, and body types anywhere in the Philippines. Tsikot also has an updated listing of auto parts for accessorizing, air conditioning, tires, and more. This online platform can help you get a good car financing deal, as well as a motor insurance. Tsikot is a one-stop vehicle website busy bees like yourself need.
If you’re buying a pre-loved car, take note of the following requirements: first, the car title that evidences ownership of the vehicle. This notarized instrument should contain the date of sale, price, odometer reading, and signatures of both buyer and seller. Next, the deed of sale from the seller, which include details of the sale and vehicle specifications. This must also be notarized. You also need the vehicle registration certificate which indicates the engine and chassis numbers. Finally, have the existing insurance policy transferred to you.
Carfinder.com features nearly all types of motor vehicles that ply Philippine roads. You can browse cars, motorbikes, buses, trucks, and heavy equipment. It also lists parts and accessories of various brands and prices. If there’s one thing that sets Carfinder apart from the rest, it is its directory of vehicle service providers. You can choose from a list of businesses that offer repair, body and detailing services, upholstery and interior services, car wash, and vehicle rentals.
Is a dealership offering discounts or promos? Don’t sign up just yet. It’s advisable to do a bit of pencil pushing to know whether you’re really getting a bargain. A zero-interest plan may not be interest-free. Check for hidden charges in every itemized cost. Feel free to cross out features and services you don’t need. You may be offered a big discount on the price if you’ll buy the insurance in-house. Hold your horses! You might get a better offer if you’ll get an insurance from a third-party provider. The dealership will likely try to convince you to get in-house financing, which means it gets higher profit. If you have cash, pay upfront. If you need financing, take the time to compare and contrast interest rates from banks and financing companies. Make use of available information online to get the best auto loan deal.
Buying a vehicle in the Philippines is relatively easy. Car dealerships and banks are making car ownership easier with liberalized requirements and accessible financing. Thanks to the Internet and mobile apps, you don’t even need to leave your home to check on car models. You can get information on specifications and prices, and even browse for insurance and auto loan options. The steps to buying a car have been made simpler to encourage more people into car ownership.