BPI Family Auto Loan is calling on car buyers to take advantage of the FREE 1-year comprehensive insurance with Acts of Nature Coverage before it ends on December 21, 2012.
This promo was initially implemented from February 1 to June 1 this year, but was extended several times to cover most of 2012 because of the clamour from BPI’s clients who have earlier planned to buy their new cars this year. The promo aims to make car ownership EASY for BPI clients as the initial cash payment for buying a car (Down payment + LTO registration + chattel mortgage + comprehensive insurance) is drastically reduced with the free comprehensive insurance. The cost of a comprehensive insurance usually amounts to three percent of the market value of the car which means a savings of about PHP 30,000.00 for a car worth PHP 1, 000, 000.00.