Car loan guides
By Aditya AmanPublished Sep 28, 2026Editorial PolicyLives in the Philippines and has driven nearly every Luzon expressway with his family.Every car loan page on Expressway.ph, by what you want to do: compare two banks, see what your budget can finance, choose a term, finance a specific brand, or understand a step of the loan.
Compare two banks
What your budget can finance
Loan term and down payment
Financing by car brand
How car loans work
- "Online Quick Lending Corp": No Confirmed Site or SEC Record (2026)No official website and no confirmed licence for Online Quick Lending Corp. How to check any online lender, plus real online auto loan options.
- Are Car Loan Payments Tax Deductible in the Philippines? (2026)Your car loan principal is never deductible. Interest and depreciation are, but only for a business vehicle under P2.4 million and only with a paper trail.
- AutoDeal Car Financing: How the Comparison Actually Works (2026)AutoDeal is not a lender; it compares 8 partner banks and finance companies. See how its calculator rates work, eligibility, documents, and how to apply.
- Balloon Payment Car Loan Philippines 2026: Toyota Balloon Payment Plus vs RCBC Auto Loan FlexiLiteToyota's Balloon Payment Plus states exact lump-sum percentages by model; RCBC's Auto Loan FlexiLite does not. See what each discloses before you sign.
- Bank Car Loan vs Toyota In-House Financing (2026)Toyota Financial Services states no interest rate. See what it does state against BPI, Metrobank and Security Bank's own rate tables.
- Best Car Loan and Financing Promos in the Philippines (2026)Every dated promo still running as of 27 September 2026, from BPI, BDO, RCBC and 10 car brands, with the end date and DTI permit for each.
- Car as Collateral Loans in the Philippines (and Can You Use a Credit Card Instead?)No Philippine lender takes a credit card limit as car loan collateral. See the real cash loans banks offer against a car you already own instead.
- Car Loan Age Limits in the Philippines: Every Bank's Minimum and Maximum (2026)BPI, Metrobank and Maybank accept applicants from age 18. Most other banks set 21 or 23. Compare every bank's minimum and maximum car loan age here.
- Car Loan Credit Score in the Philippines: What Banks Actually Check (2026)No Philippine bank sets a minimum credit score for a car loan. See what banks actually check, and how to view your own credit report today.
- Car Loan Early Termination and Pre-Termination Fees in the Philippines (2026)Yes, you can pay off a car loan early in the Philippines under RA 11765. See which banks charge a pre-termination fee, the payoff steps, and release costs.
- Car Loan Insurance Requirements in the Philippines: CTPL vs Your Bank's Own Cover (2026)CTPL is required by law to register any car. A comprehensive policy is a separate bank requirement. See the difference and what each bank asks for here.
- Car Loan Penalty Charges Philippines 2026: The Full List of FeesCar loan penalties run 3% to 6% per month at five Philippine banks, plus collection, attorney and pre-termination fees most lenders never add up for you.
- Car Loan Pre-Approval in the Philippines: What It Actually Gets You (2026)BDO, RCBC, EastWest and Metrobank promise approval within a day. None of them locks in your rate. Here is what each bank's pre-approval actually covers.
- Car Loan Repossession Philippines 2026: The Law, Your Rights and What Happens After DefaultNo law sets a missed-payment count before car repossession in the Philippines; your loan contract does, and RA 11057 controls what happens next.
- Car Loan Restructuring Philippines: What Banks Actually OfferYes, you can ask to restructure a car loan, but no law requires approval. See what BPI, Metrobank and RCBC actually state before you call your bank.
- Car Loan vs Cash Purchase in the Philippines (2026)See what a loan actually adds over cash: BPI and Metrobank's own rates, the fees a loan brings, and the one number no bank lists.
- Car Loans From Philippine Cooperatives: How They Actually Work (2026)There is no single cooperative car loan; each of the Philippines' 2,874 credit cooperatives sets its own terms. See how membership works, with real examples.
- Carmudi Car Financing: Used Car Finance and Sangla OR/CR, Explained (2026)Carmudi is not a lender; it runs Used Car Finance through partner financiers, and Sangla OR/CR for cash against your car. See how each product works here.
- Chattel Mortgage Guide Philippines 2026A chattel mortgage lets a Philippine bank claim your car as collateral until the loan is paid. Since 2025 lenders register it through the PPSR.
- Co-Maker on a Philippine Car Loan: Liability, Documents, Which Banks Require One (2026)A co-maker is not always a guarantor under Philippine law. See the liability difference, which banks require one, and what documents they ask for.
- DBP Car Loan (2026): What Is Known and Where to Go InsteadA DBP car loan for individuals is not confirmed on DBP's own site. Here is what is known about its PASADA program, and where to get a confirmed car loan.
- Does Cebuana Lhuillier Offer a Car Loan? What Is Actually Live (2026)Cebuana Lhuillier's 2023 Auto Loan page is still online, but its bank's own current lineup has no car loan. See what is confirmed, and a real comparison.
- Does CTBC Bank Philippines Offer a Car Loan? What It Lends Instead (2026)CTBC Bank Philippines has no auto loan on its site map or rate sheet. See what it lends instead: Salary Stretch, Home Equity terms, and a real comparison.
- Does First Circle Offer an Auto Loan? What It Actually Lends (2026)First Circle has no auto, car, vehicle or fleet loan. It lends zero-collateral business credit instead. See its real rates, terms and eligibility here.
- Does Home Credit Finance Cars? Motorcycle Loan and Cash Loan, Explained (2026)Home Credit has no car loan; /apply/car-loan is a dead link. See its motorcycle installment terms, cash loan rate, fees, and a real bank car loan comparison.
- Does Pag-IBIG Offer a Car Loan? MPL and HEAL Explained (2026)Pag-IBIG has no car loan. See what the Multi-Purpose Loan and HEAL actually cover, who qualifies for HEAL, and where to get a real auto loan instead.
- Does SSS Have a Car Loan? What the Salary Loan Really Covers (2026)SSS has no car or auto loan. Here is what the SSS Salary Loan actually pays, its 8% rate, 24-month term, and where to finance a car instead.
- Does Tala Finance Cars? Requirements, Fees and Rates Explained (2026)Tala has no car or motorcycle loan; it lends cash up to ₱25,000. See its real requirements, fees and rates, plus a bank car loan comparison instead.
- Electric Vehicle Incentives in the Philippines: EVIDA Explained (2026)RA 11697 (EVIDA) cuts MVUC, exempts coding and gives a special plate; it does not touch loan rates. Full incentive list.
- GCredit Auto Repayment Explained, and Why GCash Has No Car Loan (2026)GCredit auto repayment is GCash auto-deducting missed dues from your wallet. There is no GCash car loan yet. See how GCredit works, and a real comparison.
- How to Get a Lower Car Loan Rate in the Philippines (2026)No PH bank advertises a negotiable rate. Here is what actually moves the number on BPI, Metrobank, Security Bank and EastWest's own tables.
- How to Pay Less Interest on a Car Loan in the Philippines (2026)RCBC and EastWest's own rate tables show what term, payment timing and a bigger down payment actually save in pesos, worked out below.
- How to Refinance a Car Loan in the PhilippinesBank takeout pays off your old car loan; cash-out refinancing borrows against a car you already own. Compare EastWest, Maybank and Metrobank fees and terms.
- How to Transfer a Car Loan in the Philippines 2026A car loan cannot legally change hands without your bank's written consent while a chattel mortgage is active. Fees, steps and the LTO gap, explained here.
- New vs Used Car Loan Rates in the Philippines (2026)Five banks state separate new and used car loan tables. See BPI, Security Bank, EastWest, RCBC and BDO's own rates side by side, term by term.
- Sangla ORCR: Car Title Loans in the Philippines Explained (2026)Sangla OR/CR turns car papers into cash. Only one lender states its SEC registration; here is how it differs from a car loan, and the risks.
- Sterling Bank of Asia Car Loan (2026): What Is Known and Where to Go InsteadSterling Bank of Asia's car loan terms are not confirmed as current. What to ask the bank, and the banks that list their car loan rates.
- UCPB Auto Loan: Why It Is Now UCPB Savings Bank (2026)UCPB merged into LANDBANK in 2022. Its Auto Loan lives on at UCPB Savings Bank instead. See its down payment, terms, eligibility, documents and fees here.
- Zero Down Payment Car Loans in the Philippines (2026)Two bank products remove the down payment entirely: RCBC FlexiLite and BPI Zero Cash Out. Eligibility, the residual value, and the real monthly cost.
Car loans for your situation
- Car Loan for Business Use in the Philippines (2026): Bank and Fleet TermsBusiness-use car loans exist, but with shorter terms and higher down payments than personal loans. Compare Security Bank, BDO, Metrobank and fleet financing.
- Car Loan for Freelancers in the Philippines (2026): Bank by BankNo lender names a freelancer car loan. Nine banks accept self-employed or professional applicants instead, each with its own document list. Compare them here.
- Car Loan for Low-Income Earners in the Philippines (2026)No bank sells a car loan for low-income earners. Security Bank's used-car floor is ₱20,000 joint income, the lowest of the banks listed. Compare every floor.
- Car Loan for Nurses in the Philippines (2026): The Honest AnswerNo Philippine lender states a car loan or discount for nurses. Here is what LANDBANK, BPI, Metrobank, EastWest and Security Bank actually require, bank by bank.
- Car Loan for Seamen in the Philippines (2026): Bank RequirementsNo bank sells a car loan made only for seamen. Ten lenders state a seafarer or sea-based document list under their regular auto loan. Compare them bank by bank.
- Car Loan for Senior Citizens in the Philippines (2026): Age Limits by BankNo bank sells a senior citizen car loan. What decides your term is the maximum age at loan maturity. Compare the limit at 10 lenders, plus pensioner documents.
- Car Loan for Teachers in the Philippines (2026): What Really ExistsNo bank sells a car loan for teachers. Two teacher-only salary loans exist instead, plus the standard auto loan rules for any school employee.
- EV and Hybrid Car Loan Philippines: Rates by Bank (2026)Only BDO prices EVs and hybrids lower. Compare BDO, BPI, Security Bank and Maybank EV and hybrid car loan rates, down payments and terms.
- OFW Auto Loan in the Philippines (2026): Eligibility and DocumentsNo Philippine bank sells an OFW-only car loan. Nine lenders take OFW applicants through the regular auto loan, each with its own age, income and document rule.
- Used Car Financing in the Philippines (2026)Nine lenders state second-hand car terms on their own sites. Down payment, vehicle age limits, documents and rates, bank by bank.
By type of vehicle
- Motorcycle Loan Philippines: Banks, Rates and Requirements (2026)Compare BPI, Security Bank, SB Finance and 5 more lenders' motorcycle loan rates, down payments and terms in the Philippines.
- SUV Loan Philippines: Monthly Installment and Rates (2026)No lender runs an SUV-specific rate: see BDO's own P24,868 SUV illustration against BPI, Metrobank and RCBC's standard car loan rates.
- Truck Loan Philippines: Bank Rates and Fleet Financing (2026)BPI, Maybank, Security Bank and AUB truck loan rates, down payments and terms for the Philippines, plus fleet financing.
- Van Loan Philippines: Financing a Hiace, Urvan or Staria (2026)No bank runs a van-specific rate: see how Metrobank, BPI and RCBC price a Hiace, Urvan or Staria van loan in the Philippines.