Tag: Carmudi

Driven by its mission to be the leading financing company in the Philippines with a potentially growing presence in Southeast Asia by 2028, GDFI has officially renewed its partnership with Carmudi (CarDekho Philippines). This collaboration brings both organizations closer to a shared goal of helping Filipinos achieve their automotive dreams through innovation and excellence.

The renewal was recently celebrated by key figures from both organizations. Eugenie Mabbayad and Samuel Cariño represented Global Dominion, alongside Thomas Mathai and Victor Mabutas representing Carmudi.

In the photo: Eugenie Mabbayad & Samuel Cariño from Global Dominion with Thomas Mathai & Victor Mabutas from Carmudi/CarDekho Philippines

Global Dominion Financing Inc. is a non-bank financing company in the Philippines registered with the Securities and Exchange Commission, offering collateral-based loan products like Sangla OR/CR.

Making Financing Simplified with GDFI Car Financing

True to its vision to “Make financing simplified,” GDFI Car Financing is a dedicated auto loan service designed to help Filipinos purchase pre-owned vehicles with ease. Because Carmudi is one of the top online marketplaces for buying and selling used cars in the country, this financing product is the perfect tool to help buyers bridge the gap between finding a car and driving it home. GDFI cares about making the purchasing journey as smooth and straightforward as possible.

Key Features of GDFI Car Financing:

  • Flexible Loan Terms: Borrowers can choose repayment periods that fit their monthly budget, making car ownership more accessible.
  • Competitive Interest Rates: GDFI provides affordable fixed rates to ensure monthly amortizations remain manageable over the life of the loan.
  • Fast Approval Process: Designed for efficiency, GDFI aims to process loan applications quickly so buyers do not miss out on fast-selling units on the Carmudi platform.
  • Accessible Down Payments: Buyers can secure their dream vehicle without draining their savings, thanks to reasonable upfront cost requirements tailored for used car purchases.

Basic Application Requirements

In line with the goal of keeping things simple, the requirements are straightforward. To apply for a GDFI auto loan, applicants typically need to prepare:

  • Two valid government-issued IDs.
  • Latest proof of billing (such as a water or electricity bill).
  • Proof of income (including 3 months of payslips and a Certificate of Employment for salaried employees, or business permits for self-employed individuals).
  • The vehicle details or quotation from the seller.

A Seamless Path to Car Ownership

“Simplifying financing is a priority for our team, and we see strategic partnerships as one of the key factors in achieving this for the communities we serve,” Cariño, Global Dominion’s president & CEO, said. Whether a buyer is eyeing a reliable family sedan or a rugged SUV on Carmudi, GDFI steps in to provide the necessary funding with integrity and reliability. This collaboration means customers can browse an extensive inventory of quality used cars and seamlessly apply for a flexible auto loan in one continuous journey. It is a streamlined process designed to get buyers off the screen and onto the road in no time.

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Global Dominion and Carmudi Renew Partnership to Fuel Your Car Goals

In a recent TikTok interview with Aian Guanzon of Global Dominion Financing, Inc., Thomas Mathai, Founder and CEO of Carbay, provided a candid look at the current Philippine automotive landscape. He shared three core observations regarding how the market is evolving for both dealers and buyers.

@gdfiofficial

KaPartnerInterviews: “I think some of the prominent Japanese brands are playing it fairly sensibly with the hybrid models that they introduce, which kind of caters to both segments, and gives the customer […] benefits that one could get through electrification in any case in terms of incentivization.” – Thomas Mathai, CarDekho Philippines – Used Car Finance CEO PwedePala KaPartnerMoSaPagAngat — Global Dominion Financing, Inc. is regulated by the Securities and Exchange Commission (SEC). For inquiries or concerns email info@gdfi.ph, text/call 09178272742 or 09688744068, or visit gdfi.com.ph. Global Dominion does not collect application fees. Study the loan Terms and Conditions in the disclosure statement before proceeding with any loan transaction. The views and opinions of the people in this video do not reflect the views of the company. Furthermore, the interviewees and any brands mentioned are not necessarily associated with the Global Dominion. The SEC may be contacted via phone (8-818-5990, 02-5322-7696, 0929-626-3095) or email (cgfd_flcd@sec.gov.ph, flcd_complaints@sec.gov.ph).

♬ original sound – Global Dominion Financing Inc. – Global Dominion Financing Inc.

1. Brand Loyalty Persists, But Preferences Are Evolving

While Filipino car buyers remain inherently loyal to Japanese nameplates, the specific types of vehicles they prioritize are shifting. Mathai noted that while brands like Toyota and Mitsubishi continue to dominate the consumer mindset, buyers are moving toward models that offer higher utility.

“Historically, Filipinos have been more brand conscious in terms of the types of vehicles or brands they prefer. The Japanese brands have predominantly dominated the market—the likes of Toyota, Mitsubishi, and others.”

MPVs and SUVs are gaining significant ground in the used car segment as Filipino consumers look for the flexibility and road presence needed for both personal and business use. As we discussed in our guide on car affordability in 2026, this shift toward functional, multi-purpose vehicles reflects a broader need for adaptability on the road.

2. Electric Vehicle Growth Is Structural, Not Temporary

Mathai argues that the rise of electric vehicles (EVs) in the Philippines is a long-term change in buyer behavior rather than a reaction to temporary fuel price spikes.

“Month on month, if you look at initial reports, 2025 data suggests there’s been significant growth in electric vehicle sales if you compare year on year—2024 versus 2025 versus Q1 of 2026. I don’t think that’s all solely attributable to the Middle East war.”

While after-sales support and repairability for imported EV units remain challenges, Mathai believes these are solvable hurdles as the market matures. His verdict remains clear: electrification is here to stay.

3. During Uncertainty, Focus on the Dealer

For Carbay, navigating market turbulence requires returning to the fundamentals: prioritizing the used car dealer as the core customer.

“Our core mantra was always focus on the used car dealer as a customer. Whenever there’s any kind of turbulence or uncertainty in the market, where we recenter our focus again is on the used car dealer as your main customer.”

This focus is driving the adoption of practical digital tools, such as digitized financing applications and API integrations with partners like Global Dominion. By providing real-time visibility into loan statuses, these tools allow dealers to close deals faster and provide customers with a seamless experience.

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3 Market Trends: Insights from Carbay’s Thomas Mathai