BMW is beginning to phase out its manual transmission models, evident in the brand’s newer models, all coming with automatic transmissions. Even the brand’s lineup M cars no longer have this gearbox as there is a low demand for them. Aside from this, the German brand also cites that it also creates production difficulties and that these shift-it-yourself gearboxes are “worse” than their automatic counterparts. For recently launched models such as the 2023 BMW M2, it forces customers who want a m
Joey Deriquito 04.10.2023
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SMC Asia Car Distributors Corp., the official importer and distributor of BMW cars in the Philippines, introduces the highly-anticipated second generation 2024 BMW M2 Coupe in Pure and Carbon trim with starting prices of ₱5,990,000 and ₱ 8,890,000, respectively. Driving purists can jump for joy as BMW Philippines president Spencer Yu says the company will take orders for manual transmission units. We reported previously that the BMW M2 will likely be the last model from the German marque to come
Mikko David 14.09.2023
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Unlike my other stories, I’ll start with a quick guide for those who just need to know the requirements for getting their replacement plates at the Land Transportation Office (LTO). The full claiming process, including my drive through the historic “Walled City” of Intramuros in Manila, starts immediately after the checklist below. Replacement Plate Claiming Requirements Prepare the following items and bring these to the releasing section of the LTO office where your plates will be claimed: Copy
VJ Bacungan 16.08.2023
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The Mazda CX-60 recently launched in the Philippine market. It brings new technology, a powerful 3.3-liter motor, and a mild-hybrid system that helps fuel economy while adding a bit of power to the SUV. We will compare it against the recently launched Mercedes-Benz GLC 200 4MATC and the BMW X3 xDrive20d Professional to see if Mazda has what it takes to compete against established European luxury brands. To keep things fair for the Mercedes-Benz, which only has one variant available in the Philip
Joey Deriquito 30.06.2023
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With crossovers of all sizes cropping up left and right, you’d think that the traditional station wagon has gone the way of the dodo. Not for SMC Asia Car Distributors Corp., which is the official importer and distributor of BMW in the Philippines. The company launched the BMW 3 Series Touring on June 1, 2023 at its RSA Motors dealership in San Juan. This is the wagon version of the popular 3 Series executive sedan. Wagon revival SMC Asia Car Distributors Corp. president Spencer Yu told AutoFun
VJ Bacungan 02.06.2023
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The all-new BMW 5 Series executive sedan was unveiled on May 24, 2023, along with the model’s first-ever battery-electric version, the i5. Riding on a completely new platform, the i5 will take on the likes of the Mercedes-Benz EQE, the Audi A6 e-tron and the Tesla Model S electric vehicles (EV). It slots under the i7 sedan, which is the EV version of the BMW 7 Series. All i5 variants get an 81.2-kWh battery pack with a claimed maximum range of 477 to 582 km. Its Combined Charging Unit enables AC
VJ Bacungan 25.05.2023
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BMW Monthly Payment FAQs

What are the down payment, interest rate, and term for buying a BMW 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 BMW car in the Philippines?

If you want to buy a BMW 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.

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