Get a brand-new Volkswagen with ZERO downpayment this July
Planning to buy a brand-new Volkswagen vehicle? Well, just like buying a Maxus vehicle which is under the same distributor locally, 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 down payment will be paid. Approved customers will be asked to execute a Hold-Out Agreement equivalent to as low as 20% down payment 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 German precision-engineered vehicle without paying cash for the down payment, but you also get to keep your money. Plus, your deposit account with BPI continuously earns interest.
You 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 Php 550,000 (from Php 686,000 SRP) at Php 13,739 monthly, with a BPI deposit amount as low as 30% down payment;
- The Lavida 230 TSI DSG SE starts at Php 918,000 (from Php 1,171,000 SRP) at Php 22,932 monthly, with a BPI deposit amount as low as 30% down payment;
- The Santana GTS 180 MPI AT SE starts at Php 995,000 (from Php 1,029,000 SRP) at Php 24,856 monthly, with a BPI deposit amount as low as 20% down payment;
- The Lamando 280 TSI DSG SE starts at Php 1,515,000 (from Php 1,569,000 SRP) at Php 37,845 monthly, with a BPI deposit amount as low as 20% down payment.
