Get on the Road Faster with
Our Pre-Owned Auto Loans
Enjoy competitive loan terms and a hassle-free fast approval process.
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Get on the Road Faster with
Loan Details
Loan TermUp to 60 months
Loan AmountMaximum of P1,500,000.00
Down PaymentAs low as 10%
Vehicle AgeUp to 7 years old (from present year)
Interest RateLowest interest rates
ApprovalAs fast as 1 to 2 days
NO HIDDEN CHARGES
Auto Loan Refinancing (OR/CR)
✔ For business expansion or additional working capital only
About Us
Over a decade of Trusted Service
• A trusted partner for first-time buyers and repeat buyers
• Fast, affordable, and reliable financing solutions
Our Commitment to You
• Support from application to full payment
• Smooth and worry-free loan process
• Responsive assistance at every step
• Guidance whether you're buying your first car or upgrading
Perfect For
• Individuals dreaming of owning their own car
• People buying a vehicle for personal use, family convenience, or business needs
• Private and government employees
• Professionals and self-employed individuals
• Business owners
• OFWs and seafarers
Why It's Ideal
• Fast and simple loan process
• Low interest rates
• Flexible payment terms
• Affordable financing options
• Reliable service from a trusted long-term partner
Why Choose Our Pre-owned Auto Loan
• We genuinely care about your needs
• We value your time with fast processing
• We provide quick and reliable service
• A smooth, hassle-free way to drive your dream car
Drive Your Dream Car in 5 Easy Steps!
1
Loan Application & Submission of Requirements
Complete our Auto Loan application form and submit the necessary documents. We'll pre-screen your application to ensure all requirements are in order. Once you meet our pre-qualification criteria, you can proceed to the next step with confidence. Our team will guide you throughout the process to make it quick and hassle-free.
2
Look for Your Dream Car
Find the car that best suits your needs and budget! We can help you choose — Sun Savings Bank has a wide network of accredited car dealers across Cebu, offering both brand-new and pre-owned vehicles.
3
Credit Checking, Interview & Credit Investigation
As part of our evaluation, we'll conduct a credit interview to complete the details of your application. A credit investigation (CI) will also be performed to verify your residence, business, and the vehicle being applied for, ensuring accuracy and transparency in the assessment process.
4
Loan Approval
Enjoy loan approval in as fast as 1 to 2 days! We process applications efficiently so you can get behind the wheel sooner.
5
Loan Release
After approval and signing of documents, your loan will be released promptly — and you can finally drive home your dream car!
Auto Loan Calculator
Easily estimate your monthly payments by entering your preferred vehicle price, down payment, and loan term — and see how affordable your next car can be with Sun Savings Bank.
Disclaimer:
Note: The computed monthly amortization is for illustration purposes only. Actual loan terms, rates, and approval may vary based on the bank's final evaluation.
FAQs
How do I pay my monthly auto-loan amortization?
You can pay via Post-Dated Checks (PDC) made payable to Sun Savings Bank. You can also set up an Automatic Debit Arrangement (ADA): Sun Savings can deduct your monthly amortization from a designated deposit account.
Can I insure my car through any insurance company?
Yes — you may insure the vehicle with a non-accredited insurer, but the policy must be approved by Sun Savings Bank.
Where is the Auto Loan Department located?
We are located at 45 Capitol West, Don Gil Garcia corner Escario Street, Capitol Site, Cebu City.