In-house Financing
GAC Motor Finance
GAC Motor Finance provides dealer-arranged financing on all GAC models in the Philippines. Rates run 8% – 15% p.a. with 20% minimum down payment and terms of 12 – 48 months. GAC Motor partners with local banks for secondary financing at its 30+ dealerships.
Quick Facts
8% – 15% p.a.
Interest Rate
20%
Min. Down Payment
12 – 48 months
Loan Term
3 – 5 business days
Processing Time
Requirements
- Valid government-issued ID (passport, driver's license, or UMID)
- Proof of income (latest 3 months payslips or ITR)
- Proof of billing address (utility bill dated within 3 months)
- Filled-out auto loan application form
Pros & Cons
Pros
- Rates from 8% p.a. are arranged directly at the GAC dealership — no separate bank visit needed.
- Down payment as low as 20% lowers the cash outlay versus most bank-required 20–30%.
- Loan terms of 12 – 48 months give flexibility to match your monthly budget.
- Approval in 3 – 5 business days is faster than most bank channels.
- Dealer-exclusive promos (free accessories, insurance, or PMS) are often bundled with financed units.
Cons
- Maximum rate of 15% p.a. on longer terms exceeds rates at the lowest-cost banks.
- Financing is limited to GAC vehicles — you cannot use it for other brands.
- Pre-termination penalties of 3–5% of remaining balance may apply.
- Used GAC vehicles are typically not eligible under this in-house program.
Frequently Asked Questions
What is the GAC in-house financing rate in 2026?
GAC Motor Finance rates range from 8% – 15% p.a. depending on the model, loan term, and down payment amount. Promo rates may be lower during sales events.
Can I apply for GAC Motor Finance online?
Most GAC dealerships accept online inquiries and can pre-qualify you remotely. Final document submission and signing are done at the dealership.
How much down payment does GAC Motor Finance require?
The minimum down payment is 20% of the vehicle selling price. Higher down payments reduce your monthly amortization and may qualify you for a lower interest rate.
Does GAC Motor Finance cover used cars?
GAC Motor Finance primarily finances brand-new GAC units purchased from authorized dealers. For used GAC vehicles, you would typically need to apply through a bank auto loan.
What is the fastest way to get approved for a GAC car loan?
Prepare all required documents (valid ID, income proof, billing proof) before visiting the dealership. Complete applications with 20% or higher down payment are often approved within 3 – 5 business days.