Italian car brands have been well-known in the Philippines for long occupying the zenith of automotive aspiration. Even the biggest ignoramus will perk up when he or she hears words like Ferrari, Maserati and Lamborghini. These brands not only produce some of the fastest supercars and hypercars on Earth, but also represent a lifestyle brimming with the trappings of immense wealth and cosmopolitan sophistication. But when supercar owners need a more practical car that remains eye-wateringly brisk
Petromax Enterprise, the current importer of Italian car brands Alfa Romeo and Abarth, is looking to expand its Philippine dealer network. In an exclusive interview with AutoFun Philippines, Petromax president Allen Ong said the company is planning to open four more dealers locally. “Once na Stellantis, official na [Once Stellantis is official], then that's when we're going to put up, appoint dealers in other parts of the country,” he said. Ong added that the location and timeline of these new d
Petromax Enterprise recently inaugurated its new showroom along C-5 in Libis, Quezon City. The company is the current Philippine importer of Italian marques Alfa Romeo and Abarth, the high-performance division of Fiat. It started operations in 2017. And when you step inside its pristine service bay, there are iconic models being repaired like the Alfa Romeo Spider and the Alfa Romeo GTV. In an exclusive interview with AutoFun Philippines, Petromax president Allen Ong said the company can provide

Abarth Monthly Payment FAQs

What are the down payment, interest rate, and term for buying a Abarth car by installment?

The down payment, interest rate, and loan term of car loans in the Philippines may vary depending on the bank and the type of vehicle. Generally, the down payment ratio ranges from 15% to 50%, the interest rate ranges from 5.54% to 30.3%, and the loan term options are from 12 to 60 months. If you want to buy a used car, you may encounter higher interest rates, and the sum of the car's age and the loan term cannot exceed 11 years.

How much down payment, interest rate, and term should I choose to buy a Abarth car in the Philippines?

If you want to buy a Abarth car in the Philippines, you can choose a 20% down payment, a 10% interest rate, and a 36-month term, which is a balanced and reasonable option.