| Term | Add-on rate | Effective rate |
| 12 | 5.43% | 9.88% |
| 18 | 7.73% | 9.55% |
| 24 | 11.30% | 10.50% |
| 36 | 17.76% | 10.94% |
| 48 | 24.13% | 11.03% |
| 60 | 31.01% | 11.19% |
| 72 | 38.42% | 11.37% |
| 84 | 46.39% | 11.58% |
Benefits
Affordable and rewarding
Enjoy an exclusive 0.15%* rate discount vs. published rates as a NEXT client and flexible payment terms of up to 7 years**.
* Terms and conditions apply.
** Loan tenors of up to 7 years are limited to select brands and models
Easy to apply
Apply through any of our 800 BPI branches nationwide or any of our accredited dealerships nationwide.
Reliable
Start your new auto loan journey with us and we will guide you in every step of the way.
Low cash-out
Choose our newest payment feature, Step Up PayPlan, Multi Year Protect Program, and Zero Cash Out.
Convenient
Your BPI account will automatically be enrolled via an automatic debit arrangement to make your monthly payments convenient.
Frequently asked questions
What are the rates for brand new cars?
What are the rates for second-hand cars?
| Term | Add-on rate | Effective rate |
| 12 | 7.89% | 14.26 % |
| 18 | 11.87% | 14.50% |
| 24 | 16.08% | 14.75% |
| 36 | 24.80% | 15.00% |
| 48 | 34.20% | 15.25% |
| 60 | 44.32% | 15.50% |
What are the qualifications to apply for an Auto Loan?
1. At least 18 years old but not more than 70 years old upon loan maturity
2. Minimum Household Income: Php 30,000
What is the minimum and maximum loan amount?
1. Brand New
a. Minimum Loan Amount: Php 200,000
b. Maximum Loan Amount: Up to 85% of the purchase price
2. Second Hand
a. Minimum Loan Amount: Php 200,000
b. Maximum Loan Amount: Up to 70% of the purchase price
What is the term of the loan?
Minimum Loan Term: 1 year
Maxium Loan Term: Up to 7 years
The Program by NEXT
Train like a pro and get into top financial shape through tips, quips, and insights from the best of BPI.
| BPI is regulated by the Bangko Sentral ng Pilipinas