Disclosure: The Covenant Car Company, Inc., the official importer and distributor of Chevrolet in the Philippines, kindly lent me a 2024 Chevrolet Trax Redline for seven days. It arrived with a full tank of fuel and loaded RFID cards. AutoFun Philippines paid for a carwash. When we watch a movie, we generally view it on its own. We soak in a new storyline, discover more about the characters, and (perhaps subconsciously) absorb the power of the scoring and cinematography. But things get a bit tri
VJ Bacungan 12.09.2023
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The Covenant Car Company, Inc., the distributor of Chevrolet vehicles in the Philippines, offers you something special by offering you significant savings on the Chevrolet Trailblazer with its Meet Your Chevy Match promo. The Golden Bowtie brand offers its SUV with a free 1-year PMS and a low ₱48,000 All-In Low Down Payment or as much as ₱120,000 Cash Discount. But wait, there is more, as other discounts and promos are available for the Trailblazer, as seen below. Suppose you are looking for you
Joey Deriquito 08.09.2023
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The Covenant Car Company, Inc (TCCCI), the distributor of Chevrolet vehicles in the country, has just confirmed that the sixth generation Chevrolet Camaro will be the final edition of the muscle car in the Philippines. With the very last Camaro expected to roll off the assembly line in January 2024 in the US, the window to drive home, this quintessential American muscle car is closing fast, with Chevrolet Philippines urging customers to make a reservation while they still can. The last of its ki
Joey Deriquito 08.08.2023
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Chevrolet has just launched the 2024 Chevrolet Blazer EV after being announced at the 2022 Consumer Electronics Show. The new model is available in front-, rear-, and all-wheel-drive, with a model being specifically made for the US police. The Golden Bowtie brand has yet to release the full specifications of the EV, but it has revealed that the top-spec Blaze EV SS trim will come with 557 horsepower and 879 Nm of torque. Aside from this, Chevy has stated that the new EV will also come with a Wid
Joey Deriquito 03.08.2023
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The Chevrolet Trax is a nameplate that we all thought had long died. But the American carmaker revived it for the Philippines, officially debuting the all-new crossover on July 4, 2023 (the same date as America’s Independence Day). And now, you can see the Trax for yourself as it goes to various malls in Metro Manila and Pampanga for the Trax Roadshow Tour, which runs from July 14 to September 6, 2023. The Covenant Car Company, Inc., which is the official importer and distributor of Chevrolet in
VJ Bacungan 25.07.2023
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Chevrolet has introduced a new vehicle to its American lineup in the form of a three-row sport-utility vehicle (SUV) – the 2024 Chevrolet Traverse. The SUV gets a fresh look inside and out and is available with a new, off-road-oriented Z71 trim. It also gets a new 2.5-liter turbocharged motor. Exterior On the outside, the Chevrolet Traverse has the brand’s iconic design language for its SUVs, with its thin LED daytime running lights at the top, followed by its actual LED headlights in the middle
Joey Deriquito 19.07.2023
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Chevrolet Monthly Payment FAQs

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

If you want to buy a Chevrolet 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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