Deals on Wheels Promo Mechanics

1. The BDO Deals On Wheels (“Promotion”) applies to all brand new car buyers who will apply online for a BDO Auto Loan from October 15 to November 30, 2024 (“Promo Period”). Auto Loan application may be submitted through the following:
   
   • During the Deals on Wheels event at select SM Malls
   • Online via www.bdo.com.ph/dealsonwheels
   • Any BDO Branch nationwide.

2. The Auto Loan application should be subsequently approved and booked no later than January 31, 2025 (“Promo Availment Period”) for client to enjoy the following:
   
   • Rebate of up to ₱30,000
   • Low interest rate
   • Free First Year Motor Insurance
   • Preventive Maintenance Service (PMS) voucher worth ₱10,000 (for vehicles sourced from participating dealers) 
   
   Note: All Applications availing of All-In Financing (a financing option inclusive of loan related fees) are not eligible for low interest rate and rebate offers.
   
   
3. To qualify for the Promotion, the following conditions must be met:
   
   • The BDO Auto Loan application is for a brand new car and for private use only
   • Loan Term should at least be 36 months
   • Loan Amount availed should at least be ₱600,000
   
   Rebate
   
   
4. Qualified clients under the Promotion can get rebate on their loan related fees of up to ₱30,000. Rebate amount will depend on the loan amount.
   

5. Qualified clients should first pay their Loan Related fees. Payment should only be done through a BDO Branch. Rebate amount will then be credited to their nominated BDO Checking or Savings Account within 10 days after loan booking. 
   
   Low Rates and fast loan processing

6. The client will be provided an interest rate lower than the published BDO Auto Loan rate by a Sales Account Officer.
   
   
7. The client may get conditional approval in as fast as 1 banking day.
   
   Free First Year Motor Insurance 
   
   
8. Applications received during the Promo Period will be eligible for the Free First Year Motor Insurance except those applying for motorcycle units. Qualified clients shall renew the insurance coverage up to the term of the loan through BDO Insurance Brokers, Inc. (BDOI) as a condition for the availment of the Free First Year Motor Insurance Premium. Client should also agree to pay succeeding years’ insurance premium up to the term of the loan via Automatic Debit Arrangement or through Auto charge to their BDO Credit Card.
   
   Preventive Maintenance Service (PMS) 
   
   
9. The participating dealership will extend a Preventive Maintenance Service (PMS) worth ₱10,000 to qualified clients under the Promotion who will purchase their brand new car from them. 
   
   
10. The ₱10,000 worth of Preventive Maintenance Service (PMS) can be applied as a reduction to the client’s bill during their PMS visit to the Participating Dealer where they purchased their vehicle. 
    
    General
    
    
11. All applications qualified for the Promotion will undergo standard evaluation and approval process of BDO, subject to completion of required loan documents. 
    
    
12. The offer cannot be availed in conjunction with other BDO Auto Loan promotions and/or offers.
    
    
13. In case of dispute, BDO’s decision shall be final in concurrence with DTI. These terms and conditions are subject to any relevant law, government direction and regulation. The promotion will be void where prohibited or restricted by law or government regulations. 
     

DTI Fair Trade Permit No. FTEB-203094 Series of 2024