FAQs

1) What cars do you offer?
At Gold Aces, our displayed units are quality secondhand cars ranging from sedans, hatchbacks, pick-ups, SUVs, crossovers and vans.

2) Do you accept trade-ins?
Yes! We gladly accept trade-ins. Simply schedule an appointment for a free car appraisal. Our team will inspect your vehicle and offer a trade-in value. Once a price is agreed upon, you can apply it toward any car from our wide selection of 100+ vehicles.

3) What are your modes of payment?
We offer cash, financing, and trade-in options:

✔ Cash – Get your car on the same day.
✔ Financing – We work with multiple third-party financing companies. They usually require a 30% down payment and offer loan terms of up to 3 years.
✔ Trade-in – We conduct an actual appraisal and offer a trade-in value toward your next purchase.

4) Where are you located?
We have branches currently located in Mandaue City, Cebu.
https://maps.app.goo.gl/TyMnmVcqds4TTR3o8 

5) Do you cater clients outside Cebu?
Yes, we do! We offer free online appointments for our displayed cars through video calls for clients who cannot view the units in person.

6) Do you offer shipment of units outside of Cebu?
Yes, we offer assistance in shipping the units. Shipping fee is shouldered by buyer.

7) What are the requirements for financing?

✅ For Employed Applicants:

• Latest 3 months’ payslips

• Latest 3 months’ bank statements

• Certificate of Employment (COE)

• Latest 3 months’ billing statements

• 2 valid IDs

✅ For Business Owners:

• Mayor’s/Business Permit

• ITR (if available)

• Latest 3 months’ billing statements

• 2 valid IDs

• Latest 3 months’ bank statements

 

✅ For OFWs & Seafarers:

• Latest 3 months’ payslips

• Latest 3 months’ bank statements

• Contract of Employment (COE)

• Latest 3 months’ billing statements

• 2 valid IDs

• Proof of remittances (3 months)

• Proof of relationship (if a family member is applying on their behalf)

📌 Note: For OFW financing, only immediate family members can apply as the principal borrower, with OFW documents serving as supporting requirements.

8) Do you offer financing outside Cebu?
Yes, we have many clients outside of Cebu. Financing is available as long as there are affiliated financing companies within your location.

9) How long does the loan approval process take?
Loan approval typically takes 2-3 business days, depending on our financing partners and the completeness of your requirements. Some applications may require additional verification, which could extend the processing time. Rest assured, our team works hard to ensure a quick and hassle-free approval process.