In-house Financing
Kia Finance Philippines
Kia dealerships across the Philippines offer Kia Finance Philippines with rates from 7.5% p.a., 20% minimum equity, and flexible terms of 12 – 48 months. Kia offers a 5-year / 160,000 km warranty that covers the full loan period on most terms.
Quick Facts
7.5% – 13% 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)
- Latest 3 months bank statements
- Certificate of Employment with compensation details
- Photocopy of vehicle documents (OR/CR for used cars)
Pros & Cons
Pros
- Rates from 7.5% p.a. are arranged directly at the Kia 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 13% p.a. on longer terms exceeds rates at the lowest-cost banks.
- Financing is limited to Kia vehicles — you cannot use it for other brands.
- Pre-termination penalties of 3–5% of remaining balance may apply.
- Used Kia vehicles are typically not eligible under this in-house program.
Frequently Asked Questions
What is the Kia in-house financing rate in 2026?
Kia Finance Philippines rates range from 7.5% – 13% p.a. depending on the model, loan term, and down payment amount. Promo rates may be lower during sales events.
Can I apply for Kia Finance Philippines online?
Most Kia 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 Kia Finance Philippines 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 Kia Finance Philippines cover used cars?
Kia Finance Philippines primarily finances brand-new Kia units purchased from authorized dealers. For used Kia vehicles, you would typically need to apply through a bank auto loan.
What is the fastest way to get approved for a Kia 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.