The Government has mandated that you have to acquire insurance for your vehicle before you can have it registered. InsuranceĬar Insurance in the Philippines is not optional. Thank goodness then for financing we can now own our dream cars with the power of deferred payments and monthly installments! All you have to do is bring the necessary bank documents and loan documents showing that you have been approved and then the dealership can take it from there. If you're paying a car in full, depending on the dealership, they would accept payments in the form of Personal Checks, Managers Check or a Cashier's Check with the payment made to the dealership.Īs stated above, not everyone can pay in full. As a matter of fact, many car dealerships in the Philippines would prefer you make your payment with some sort of bank document instead of cold hard cash, that way they wouldn't have to worry about so much liquid cash moving around the dealership.
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