Drive Your Dream Car with Ease.
Our Car Acquisition Loan makes vehicle ownership more affordable by providing financing for both new and pre-owned vehicles at competitive rates and flexible repayment terms.
Why Choose COOPLAG Financing?
Purchasing your first car, upgrading to a newer model, or expanding your family's transportation needs — Our Car Financing makes vehicle ownership simple, affordable, and stress free. Members can finance brand new vehicles through our approved auto dealers or purchase pre-owned vehicles from a vendor of their choice. With flexible repayment options, competitive financing, and a seamless application process.
Flexible Repayment
Flexible repayment period of up to 36 months.
Low Equity
Low equity contribution pay as little as 20% of the vehicle's purchase price.
Comprehensive Insurance
Comprehensive insurance coverage throughout the loan tenure for added peace of mind.
Simple Application
Simple and convenient application process.
*Terms and conditions apply.
Simple 4-Step Process
Our loan process is designed for speed and convenience. Here is how you can drive away in your dream car.
Choose Your Vehicle
Choose the vehicle you want from a our approved dealer or a reputable vendor you trust.
Apply & Pay Equity
Submit your application and deposit the minimum 20% equity contribution required.
Loan Processing
We review your eligibility and process your application.
Drive Away
Upon approval, the vehicle is financed and comprehensive insurance coverage is activated.
Learn How the Loan Works
Understand your repayments, terms, and options with our loan calculator.
Frequently Asked Questions
Get Answers to Common Questions About Car Aquisition Loan
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What is the maximum repayment period?You can enjoy a highly flexible repayment period of up to 36 months, making it easier to spread the cost over time.
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How much equity do I need to contribute?You only need to pay as little as 20% equity contribution of the vehicle's total purchase price.
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Can I buy a used car with this loan?Yes! While brand new vehicles must be purchased from our approved dealers, you can absolutely purchase used vehicles from a vendor of your choice.
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Is comprehensive insurance required?Yes, comprehensive insurance coverage is required throughout the entire loan tenure to provide added peace of mind and protect your investment.
Related Products & Services
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