Lotus Car Loan Calculator Philippines, Zero Down Payment and Monthly Payment
Need a car loan in the Philippines? Use our free car loan calculator to compare Lotus car monthly payments and find the best car to buy in installments. On this page, you can find the monthly costs of buying a Lotus car in the Philippines with installment payments. We have calculated the estimated monthly payments using a 35% down payment, a 12% interest rate, and a 4-year loan term. You can also use our car loan calculator to customize the loan details, and check your monthly dues based on your preferred loan plan.
Lotus Car Loan Price List
The following prices are calculated based on: the prices of different Lotus car variants, a 35% down payment, a 4-year loan term, and a 12% interest rate.
Lotus Cars
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Lotus Monthly Payment FAQs
What are the down payment, interest rate, and term for buying a Lotus 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 Lotus car in the Philippines?
If you want to buy a Lotus 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.