Mitsubishi L300 · Commercial

L300 monthly installment: how it's computed and what you need

By Richard Cuagdan, Car Sales Executive · Updated 2026-10-22

Planning an L300 for your negosyo? This L300 monthly installment guide shows how the down payment and 5-year term set your monthly, what the all-in package covers, which documents business owners need, and how to check the monthly against your income. Current promo figures are in one dated table.

View Promos

How the monthly is computed

Every financed car comes down to four numbers:

• SRP: the suggested retail price of the unit.
• Down payment (DP): what you pay upfront. On a Zero DP promo, none; a bigger DP means a smaller loan and a lower monthly.
• Term: how long you pay. The promos here are computed on 5 years (60 months); shorter terms mean higher monthlies but less interest overall.
• Monthly amortization: the fixed amount you pay the bank each month until the loan is done.

Compare all four together, not just the monthly. More on this in how car financing works and Zero DP vs low DP.

For a work vehicle, think of the monthly as a business expense. Compare it with what you now pay for deliveries or rentals. My L300 negosyo guide walks through simple ROI thinking.

Current L300 promo

What all-in covers

• LTO registration
• TPL insurance
• Comprehensive insurance for the first year
• Chattel mortgage
• Free PMS labor up to 5,000 km
• Factory warranty

Documents

• Everyone: two valid government IDs with matching signatures, and proof of billing
• Employed: certificate of employment with compensation, recent payslips or latest ITR
• Business owner / self-employed: DTI or SEC registration, business or mayor's permit, latest ITR or financial statements, bank statements
• OFW / seafarer: employment or crew contract, payslips or proof of remittance, and SPA or co-borrower details for the family member in the Philippines

Each bank can ask for more. Full list: car loan requirements. OFW? See the OFW car loan guide.

Income guide

A sensible guide: keep the monthly amortization at about 30–35% of your gross monthly income. Divide the monthly by 0.35 for a minimum income and by 0.30 for a comfortable one. A spouse or family member can sometimes join as a co-borrower so the bank considers combined income. The bank always makes the final call. Try the budget calculator to match a unit to your income in a minute.

Is the L300 right for you?

The L300 uses a 2.2L turbo-intercooled diesel with a 5-speed manual. The Dual AC is ready to work; other body types suit custom cargo. Compare with a pickup in L300 vs Triton, and see the L300 price 2026 article.

Your next step

Check if the L300 fits your negosyo budget, then test drive it in SJDM.

Compute my monthly Book a Test Drive Call or text 0954 291 1201

Richard Cuagdan, authorized Mitsubishi sales executive, serving San Jose del Monte (SJDM), Bulacan and Quezon City. Message Richard for showroom visits and directions.

Frequently asked questions

How much is the L300 monthly installment?

The current all-in options on a 5-year term are in the dated promo table on this page. Other body types: message Richard for the latest promo.

Is there a Zero DP L300?

Yes, the L300 Dual AC has a Zero DP option this month, shown in the promo table, subject to bank approval.

Can I lower the L300 monthly?

A bigger down payment lowers the monthly. A shorter term raises the monthly but cuts total interest.

What documents does a business need for an L300 loan?

DTI or SEC registration, business or mayor's permit, latest ITR or financial statements, bank statements, two valid IDs and proof of billing.

Is the L300 Cab & Chassis on promo?

Message Richard for the latest Cab & Chassis and FB promo.