BPI Family Auto Loan Extends FREE Insurance Promo until December
BPI Family Auto Loan extends its FREE Insurance with Acts of Nature coverage promo until December 21, 2012 as the clamor from prospective car buyers continues.
After the devastating floods in Thailand and earthquake in Japan disrupted the car supply chains that continued to affect the auto industry until most of the first half of this year, car sales has steadily recovered to register improved growth levels. The latest figure from the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) shows that auto sales will continue to rise this year, predicting a 12% increase from last year.
A pioneering promo by BPI Family Auto Loan this 2012, the FREE Insurance promo aims to protect newly-purchased cars from the adverse effects of natural calamities as well as to help clients minimize upfront expenses related to the car purchase which includes payment of premium for a comprehensive insurance. The usual cost of a car insurance that includes Acts of Nature coverage remains expensive at about 3% of the market value of the car. This offer of BPI Family Auto Loan proves to be very relevant as car owners remain exposed to natural risks that have besieged the country like the floods brought by Typhoon Ondoy years ago and the Habagat rains last August.
“As the auto industry continues to recover and finish the year strong, BPI Family Auto Loan remains committed to provide prospective car buyers ease of owning their cars through affordable financing, convenient processes and highly-relevant and cost-saving perks,” shared Mr. David Sarmiento, Jr., SVP and Head of Auto Loan Division. “We have been offering the FREE insurance promo for almost a year now to further help more Filipinos achieve one of the basic dreams of a family which is owning a car at very affordable means.”
To apply for an auto loan and learn more about the promo extension, please log on to bpiloans.com, visit any of BPI/BPI Family Savings Bank branches nationwide or call (02) 8456777.