10 car dealers join BPI 4-day 'Auto Madness'

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Thursday, August 25, 2011


TEN car dealers, considered as biggest and the best players in Davao region's auto industry, are joining this year's edition of the "Auto Madness" initiated by BPI Family Savings Bank (BFSB) to provide financing schemes and other packages for Dabawenyos who wish to own a car.

The BPI Family Auto Loan brings the biggest "Auto Madness" event yet in Davao City, which opens Thursday at Abreeza Mall in Bajada.

The event is ongoing until August 28, offering the bank's unique promo of free one-year comprehensive motor insurance with Acts of Nature coverage and BPI's Real Thrills Promo.

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"With Acts of Nature insurance coverage, a car owner is protected against damages caused by typhoons, earthquakes, flooding and other disasters inflicted by the power of nature," David Sarmiento Jr., BFSB senior vice president and head of Auto and Motorcycle Loans Division, said in Wednesday's press conference at Cafe Laguna, Abreeza Mall.

He said this offer is available to clients who would avail of a minimum amount financed of P650,000 with a loan term of 36 months.

On top of the free comprehensive insurance, clients who will be attending the "Auto Madness" can also enjoy a gift item from BPI's Real Thrills promo exclusive to clients in Davao area.

"Clients get the chance to take home gift items worth as much as P25,000 depending on their availed auto loan amount and loan term," Sarmiento said.

He said car buyers can also enjoy the ease and convenience of approval in as fast as three to eight hours coupled with flexible payment terms over a wide range of channels such as auto debit arrangement, Express Online, Express Phone and ATM.

"On BPI's 160th year, we are even more committed to making it easy for our clients to get the best auto loan packages through our Auto Madness events," Sarmiento said.

"Dabawenyos can expect more from us this year as we line up even bigger and better surprises for car lovers and loan borrowers throughout the country," he added.

Published in the Sun.Star Davao newspaper on August 25, 2011.

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