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Frequently Asked Questions

To secure a unit, a reservation fee of PHP 10,000 is required. Once the reservation is made, the car will be held for 5 days for cash transactions or 7 days for financing transactions. This timeframe allows the buyer to arrange the necessary funds and complete any financing requirements. Additionally, it provides us with the opportunity to prepare the car for release.

While scheduling an appointment is not required, it is highly recommended. This ensures that the vehicle you are interested in is still available for sale and allows us to prepare for your visit, providing you with the best possible service.

A.) For employed individuals

  • 2 valid government-issued IDs
  • Employment certificate

B.) For self-employed individuals, business owners and freelancers

  • 2 valid government-issued IDs
  • B business permit
  • Latest 3 months bank statement or other proof of income

C.) For OFWs and seamen

  • 2 valid IDs of remittance sender
  • 3 months proof or remittance
  • Latest contract or other proof of income
  • 2 valid IDs of remittance receiver

The loan approval process typically takes between 1-3 business days. However, there may be instances where approval from our financing partners takes a bit longer. Each client’s profile is unique, and some clients may require additional documentation or verification, which can extend the processing time slightly. Rest assured, our team is dedicated to ensuring a smooth and efficient approval process for all our clients.

At Automobilico, we gladly accept trade-ins. To get started, simply schedule an appointment for a free appraisal. One of our Associate Dealers will inspect your car and provide you with an appraisal value. Once a price is agreed upon, you can choose from our extensive inventory of 300 vehicles.

Due to our strong partnerships with private financing institutions, we are often able to secure car loans for buyers even if they issues with their credit history or previously surrendered vehicle. However, this is evaluated on a case-by-case basis. While we cannot guarantee approval, we can assure you that our team will leverage all our skills and expertise to assist you in getting your loan approved.

We can help with your financing plan, we can offer some tips and tricks. Drive off with this dream car of yours regardless of your credit history.

We can help with your financing plan, we can offer some tips and tricks. Drive off with this dream car of yours regardless of your credit history.

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