Tips on Buying New Cars from Dealership

[bogart88]

Having worked a gen sales manager before in Manila, I know all the tricks and kinks in the local car business. I'm now working here in California and I can help people in buying cars from dealership so they don't become victims of dealers and so called Tulisan na salesman.

Dude, believe me, I know all the tricks kaya don't become a victim...ask me so I can help you with your questions...I can also give you referrals para di kayo maloko. Sad to say, maraming manloloko diyan.

Just post your question and you will see what I mean...how I give advises na di nyo pa naririnig.

BOGART

[sherwintommy]

welcome to tsikot sir .......parang nakaka-intriga naman ang mga statements mo....hehehehe....pang showbiz ang dating......sige...let's wait from our fellow tsikoteers and be ready with your answers....no holds barred ba?....peace....

[alchemist]

Ako may tanong...last week kse i left pinas and will be back next month (sept 07)...

But before that i saw this Civic 2.0 MT Limited Edition and i really like it (the agent who i personally knew) ask me to make DP which I did...I gave P235K DP (25% kase P957K yung unit) and all in the name of Honda Shaw dealer...

Sure na daw nakareserve ako (kase 100 units lang daw yung limited - pero dun sa makati dealership sabi sa akin 30 lang daw)...Di naman ako worried kase parang relative ko na to...

Also since I am going to finance it sa BPI (may kilala ako) I got a 2 years rate of 10% lang instead of 15% sa inhouse na gusto nila (one of my friend who bought a 07 strada inabot P1.6M sa 3 years financing instead of P1.2M cash)...

Yung BPI sabi sa akin sa kanila daw insurance at chattel babaan daw...

Ano pa ba pwede maloko sa akin? or ano pa mai advise mo? Me kkilala ka sa Honda?

Ang di ibinigay sa akin ay yung P40K discount available last month (sayang)!...

Any more advise?

[reniram]

Hello BOGART, may tanong din ako.- Hanggang magkano ba or ilang percent ba ng total amount ng unit ang discount na kaya ibigay ng dealer (toyota) sa mga prospect buyer?

[Innova_Boy]

As i can see your with Toyota Cali? kasi toyota CA....

My question is however buying cars naman there in US, usually if you will be migrating to US, the first thing you need is a car( aside from a house you will stay of course) kasi malalayo maybe ang place of work and home.

Is it advisable to buy Brand New or pede na second hand cars there? around how much ang budget for both brand new/second hand? and what are the things we need to know before buying? Thanks sa replies..

WBR,

[bogart88]

As i can see your with Toyota Cali? kasi toyota CA....

My question is however buying cars naman there in US, usually if you will be migrating to US, the first thing you need is a car( aside from a house you will stay of course) kasi malalayo maybe ang place of work and home.

Is it advisable to buy Brand New or pede na second hand cars there? around how much ang budget for both brand new/second hand? and what are the things we need to know before buying? Thanks sa replies..

WBR,

Welcome to USA!!!
Dito sa America napakadali makabili ng kotse. Kahit sino kaya basta meron kang trabaho. Two requirements lang para makabili ng kotse, 1. Social Security NUmber and US Driver's License.

If you are first time buyer na wala pang credit score, you can get a brand new corolla with only $1,500 down and monthly payment na $380.00 for 60 months. Easy diba. If you earn a minimum wage na $8.00/hour, 4 days of work lang covered na yung monthly mo sa kotse.

Brand new or used okay lang as long do not get a car more than $20,000 para di mabigat sa monthly.

Pag dating mo d2 contact me and I will explain further.

Bogart

[promdiboy]

bogart were planning to import a new car papunta dito, baka mas mabigyan mo kami ng better deal, ygPM

[Innova_Boy]

Welcome to USA!!!
Dito sa America napakadali makabili ng kotse. Kahit sino kaya basta meron kang trabaho. Two requirements lang para makabili ng kotse, 1. Social Security NUmber and US Driver's License.

If you are first time buyer na wala pang credit score, you can get a brand new corolla with only $1,500 down and monthly payment na $380.00 for 60 months. Easy diba. If you earn a minimum wage na $8.00/hour, 4 days of work lang covered na yung monthly mo sa kotse.

Brand new or used okay lang as long do not get a car more than $20,000 para di mabigat sa monthly.

Pag dating mo d2 contact me and I will explain further.

Bogart

Thanks sa reply... have PM for you..

WBR,

[bogart88]

Hello BOGART, may tanong din ako.- Hanggang magkano ba or ilang percent ba ng total amount ng unit ang discount na kaya ibigay ng dealer (toyota) sa mga prospect buyer?

Depende sa model ang discount... The more expensive, mas malaki ang discount kasi more profit. The best is ask at least 3 different dealerships so you can compare the best. Ask them to beat the other dealer's offer until you get the highest discount. Also if the model is hot and walang unit, no discount sila.

[reniram]

Depende sa model ang discount... The more expensive, mas malaki ang discount kasi more profit. The best is ask at least 3 different dealerships so you can compare the best. Ask them to beat the other dealer's offer until you get the highest discount. Also if the model is hot and walang unit, no discount sila.

Hello Bogart, appreciate your tips. Thanks.

[MAXBUWAYA]

Chattell Mortgage


Minsan nawawaive ito d ba?

Malaki din ito equivalent almost nang isang buwang hulog

[bogart88]

Ako may tanong...last week kse i left pinas and will be back next month (sept 07)...

But before that i saw this Civic 2.0 MT Limited Edition and i really like it (the agent who i personally knew) ask me to make DP which I did...I gave P235K DP (25% kase P957K yung unit) and all in the name of Honda Shaw dealer...

Sure na daw nakareserve ako (kase 100 units lang daw yung limited - pero dun sa makati dealership sabi sa akin 30 lang daw)...Di naman ako worried kase parang relative ko na to...

Also since I am going to finance it sa BPI (may kilala ako) I got a 2 years rate of 10% lang instead of 15% sa inhouse na gusto nila (one of my friend who bought a 07 strada inabot P1.6M sa 3 years financing instead of P1.2M cash)...

Yung BPI sabi sa akin sa kanila daw insurance at chattel babaan daw...

Ano pa ba pwede maloko sa akin? or ano pa mai advise mo? Me kkilala ka sa Honda?

Ang di ibinigay sa akin ay yung P40K discount available last month (sayang)!...

Any more advise?

Well you got the best deal possible na in your case, let me point it out to you:

1. You are financing directly with the bank and not dealer in house kaya better for you since if you finance in house, the difference in the rate is the dealer's commission sa financing.

2. Getting your insurance from BPI is also good in the same manner direct ang insurance mo unlike sa dealer na meron pa silang profit/commission if yoiu get it from them.

3. I am not sure if they really have 40K discount if the unit is really limitted edition. Normally law of supply and demand, if a certain model is HOT and limitted ang supply, they dealers really do not give discounts and sometimes they install accessories and price them HIGH para extra profit sa dealer, while si Cusatomer, due to limitted nga ang availability and atat na atat magkaroon ng specific model, kakagatin. In this case, it is your choice if you want to pay extra.

Bogart

[alchemist]

Well you got the best deal possible na in your case, let me point it out to you:

1. You are financing directly with the bank and not dealer in house kaya better for you since if you finance in house, the difference in the rate is the dealer's commission sa financing.

2. Getting your insurance from BPI is also good in the same manner direct ang insurance mo unlike sa dealer na meron pa silang profit/commission if yoiu get it from them.

3. I am not sure if they really have 40K discount if the unit is really limitted edition. Normally law of supply and demand, if a certain model is HOT and limitted ang supply, they dealers really do not give discounts and sometimes they install accessories and price them HIGH para extra profit sa dealer, while si Cusatomer, due to limitted nga ang availability and atat na atat magkaroon ng specific model, kakagatin. In this case, it is your choice if you want to pay extra.

Bogart

Thanks Bogart...I think i did my research as well and saved about P50K (insurance and interest)...

You're right, the Limited Edition is just slightly different (with a 17" mags from 16") and the Carbon Bronze (gray) color which is not in the market yet to distinguish it from others (black, red and bluish silver)...Plus its MT (all the 2.0S will come in at AT ONLY after this)...And they added P20K which is not bad...

Thanks a Lot.

[Visitor]

Welcome to USA!!!
Dito sa America napakadali makabili ng kotse. Kahit sino kaya basta meron kang trabaho. Two requirements lang para makabili ng kotse, 1. Social Security NUmber and US Driver's License.

If you are first time buyer na wala pang credit score, you can get a brand new corolla with only $1,500 down and monthly payment na $380.00 for 60 months. Easy diba. If you earn a minimum wage na $8.00/hour, 4 days of work lang covered na yung monthly mo sa kotse.

Brand new or used okay lang as long do not get a car more than $20,000 para di mabigat sa monthly.

Pag dating mo d2 contact me and I will explain further.

Bogart

Im pretty much sure base model na corolla lang yan! not the S or LE model.

[bogart88]

Im pretty much sure base model na corolla lang yan! not the S or LE model.

Sorry to dissapoint you but this is not the base model which is CE..Sa ibang dealer siguro they will sell you this.

But me personally, para namang masyadong kawawa ka buying your first car here in US with pawis window.

LE na po yan with all power and 6 disc in dash at automatic transmissin na.

Di ko naman issugest yung S type kasi di naman praktical for a new buyer...medyo gising naman ng konti.

Sad to say most of our kababayans who are new here gusto mamahaling kotse agad with no downpayment pah. Medyo ginigising ko sila sa katotohanan kasi that is dreaming too much too soon......they need to establish first their credit worthiness here in US which is determined by the FICO Score...(credit score)

[GroundEffex]

Sir Bogart,what you are doing is very COMMENDABLE. It's so nice to see Filipino's helping their co-filipinos. Thanks for sharing your knowledge just like all the other guru's here. keep it up!

[movertokyo]

gandang maga mr bogart at sa lahat ng mga tsikoteeeers...
question dn po. sana hnde kau magsawa sa mga tanung namin...

Q1: prerequisite ba na mgkarun ka muna ng driver's license (kahit student permit) bago ka makabili ng car dito sa pinas??

Q2: i have a housing loan sa bpi ( PhP 2M ), do you think they will qualify me if i apply for a car loan? ( 3 yrs pa from now bago ko ma fullpay ung housing loan)

i am earning at least 150k/month, un nga lng contractual.OFW po ako.

thank you.

sa lahat po tsikoteeers, bka may ma ishare dn kau, pa post nlng.