If you want an even easier way to drive home a brand-new Volkswagen vehicle, all you have to do is open a BPI bank account.
The ‘Zero in on a Volkswagen’ no cash out promo runs from July 1 to 31, 2021 and is open to BPI and non-BPI depositors. With this program, down payments on all Volkswagen models are foregone, which simply means that no actual downpayment will be paid.
Approved customers will be asked to execute a Hold-Out Agreement equivalent to as low as 20 percent downpayment which will only be withdrawable after 24 months, as long as the customer’s auto loan account is updated and not in past due status. This Hold-Out deposit will remain in your account as you continue to enjoy earning interest. Thus, the entire amount of the car is amortized for 60 months, and you would enjoy Volkswagen’s true zero cash out initiative.
The current cash savings being offered to select models shall also be applied to lower their SRPs. Chattel mortgage fee will be free, as well the first year comprehensive insurance with acts of nature.
You not only get to take home a Volkswagen without paying cash for the downpayment, but you also get to keep your money. Plus, your deposit account with BPI continuously earns interest. That’s a triple-win proposition!
There’s not much time to lose, though. You only have until July 31 to choose your Volkswagen model and maintain your BPI deposit account with the corresponding amounts:
- The Santana MPI MT starts at P 550,000 (from P 686,000 SRP) at P 13,739 monthly, with a BPI deposit amount as low as 30 percent downpayment;
- The Lavida 230 TSI DSG SE starts at P 918,000 (from P 1,171,000 SRP) at P 22,932 monthly, with a BPI deposit amount as low as 30 percent downpayment;
- The Santana GTS 180 MPI AT SE starts at P 995,000 (from P 1,029,000 SRP) at P 24,856 monthly, with a BPI deposit amount as low as 20 percent downpayment;
- The Lamando 280 TSI DSG SE starts at P 1,515,000 (from P 1,569,000 SRP) at P 37,845 monthly, with a BPI deposit amount as low as 20 percent downpayment.
Filipinos lovz volkzwagen...they shod add mor dealerships to reach mor customers. After all vw means ppols car. Ac motors shod drop d low quality, unreliable maxus n instead focus on vw.
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