All Information About the Ford Territory Downpayment and Monthly Philippines

All Information About the Ford Territory Downpayment and Monthly Philippines

Customers will benefit greatly from the option of purchasing a car on a downpayment and monthly basis. Paying for a whole car will also be a significant financial burden, so purchasing a Ford Territory downpayment and monthly Philippines is a wise decision. Let this article assist you in answering all your questions and considering if Ford Territory 2022 is a great vehicle or not.

Ford Territory 2022 General Information

In recent years, the small SUV segment has grown in dominance in the Philippines market. In response to this trend, the American automaker is preparing to launch the Ford Territory 2022 5-seater SUV with a slew of impressive features. The Ford Territory 2022 is equipped with an EcoBoost gasoline engine (1.5L), front-wheel drive, and a CVT continuously variable automatic transmission to help the car run strong and long.

Ford Territory 2022 General Information

If you’re looking for a small SUV from an American manufacturer, the Ford Territory 2022 is an ideal option.

List price of the latest Ford Territory 2022 

Here are the latest Ford Territory 2022 price Philippines for your appropriate calculation for the Ford Territory downpayment and monthly:

VariantsPrice
Ford Territory Trend 1.5 EcoBoost CVT₱1,277,000
Ford Territory Titanium + 1.5 EcoBoost CVT₱1,310,000

Procedure to buy ford territory downpayment and monthly 

If you require a Ford Territory 2022 for personal use but your current financial situation prevents you from covering the full cost of the vehicle. As a result, purchasing a Ford Territory 2022 price Philippines with downpayment and monthly is an ideal way to reach your own dream.

To clarify, if you have the following documents, the Ford Territory downpayment and monthly registration process in the Philippines is not too difficult.

For personal individual:

  • Sale contract
  • Cash contract deposit, or bank transfer in case of transfer
  • Make a copy of the couple’s identity card
  • Single certificate for unmarried people
  • Copy of the couple’s household registration, red book, certificate of ownership of assets such as land, house, vehicle, marriage certificate
  • Labor contract, or proof of income of the borrower such as payroll, salary account, income receipt statement with the bank’s seal, or house and car rental contracts
Procedure to buy ford territory downpayment and monthly

For corporation:

  • Contract to buy a Ford car in installments
  • Paper deposit of cash contract, or bank transfer paper (if transfer)
  • Copy of business registration certificate, certificate of daughter-in-law, tax code
  • Copy of identity card of director, chief accountant
  • A copy of the most recent year’s financial statements, copies of some of the most recent input and output invoices
  • Recently signed economic contracts
  • Minutes of capital contribution if it is a joint stock company, limited company

>>> Read more: Purchasing a Toyota Hilux Downpayment and Monthly 2022 – Why Not?

The process of buying ford territory downpayment and monthly

Here are the important steps of purchasing the Ford Territory downpayment and monthly that you should indeed consider:

Step 1: Sign a contract to buy a car to buy a Ford car on installments and deposit the contract. This is an installment agreement, which will have terms related to your loan.
Step 2: Prepare loan documents in accordance with the list above; depending on the specific case, you may be required to provide additional documents and information, as well as sign some bank forms. After you have completed the above items, you will receive a loan guarantee notice within 3 days.

The process of buying Ford Territory downpayment and monthly

Step 3: Transfer the reciprocal money (the amount you must pay when purchasing a car, possibly 20-30% of the purchase price) to the seller’s account specified in the car sales contract.

Step 4: The car is now in your name; the final step is to sign a credit contract and authorize the bank’s disbursement; the car will be delivered to the sales assistant a few hours later.
As a result, the process of purchasing a Ford Territory 2022 car on installment is completed, which is considered to be very quick and simple. Just only need one day to complete all procedures once the customer has a good profile prepared.

Notes on purchasing ford territory downpayment and monthly

Please keep the following in mind when applying for a car loan:

  • Financial balance in order to borrow capital in the most appropriate amount. Because, in addition to the monthly payment amount, you divide your income for consumption, education, health care, entertainment, etc. If no reasonable calculation is made, the debt will have an impact on your daily life.
  • Prepare all necessary documents in accordance with the consultant’s instructions in order to expedite the car loan installment process.
  • Customers are usually given a car loan with a low interest rate for the first 6 to 12 months. Following the preferential period, the interest rate will be adjusted in accordance with each bank’s lending policy. As a result, when taking out a loan, customers should inquire about how to adjust the interest rate to protect their interests.
  • Before signing, carefully read the contract terms, particularly the information about the interest rate, loan term, payment method, payment term, etc to ensure proper performance of your responsibilities when signing a loan contract.

Final Thoughts

With a strong and sturdy design, American-style safety equipment, and many modern interior and amenities from China, the Ford Territory 2022 is the perfect combination of two famous manufacturers from the US and China. Owning a whole Ford Territory 2022, on the other hand, will be extremely difficult for many people. As a result, many people will prefer the option of purchasing a Ford Territory downpayment and monthly.

And obviously, obtaining a car loan is a simple process. Customers will be approved for a car loan application quickly if they prepare a complete application according to the instructions of the bank staff.

Thank you for reading! Also, you can read writing of any other article like this on Tips & Adivice. If you have any question, feel free to contact with Philmotorlaw.com.

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