Buy a second hand.

[rey752]

Gulaysk,with your budget if you can drive manual sana Honda City Idsi is a best buy.city can give you a better figure in the fuel consumption aspect.I know someone na naka civic na Dimension.ang dami ng pinalitan (power steering pump,ac compressor,shock absorbers) Pero di ganong gamit ung kanya kase yung first owner coding car lang Yon.

[jut703]

Pwedeng may legit reason ung seller, baka naman available sya next time. Pero if in doubt, trust your instincts na lang.

Risky din ung sagaran ng budget. Basta may emergency fund kayo if something goes wrong. Mag laan nalang kayo ng 5k para sa routine maintenance/detailing pag nakuha nyo na.

5k is not enough to get a secondhand car in great running condition. I've spent over 30k to get my 2004 Mazda 3 to run as well as my 2015 Altis, and I'm not even done yet.

If you just want a so-so car that runs well enough to get you around the city, a budget of around 20k will do. If you want a car with absolutely no rattles, with performance that's as good as it was when it was new, you'll be spending 30-50k even on a relatively fresh unit.

It's hard to find secondhand sellers that are car enthusiasts or even just ordinary owners who don't scrimp on maintenance. Especially for decade-old cars, it's quite rare to find first owners. Even with decent used car dealers, they will only fix the car up to the point that it doesn't have any glaring issues upon testing, but I doubt they've run the car to its limits to really bring out any problems.



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[dr. d]

5k is not enough to get a secondhand car in great running condition. I've spent over 30k to get my 2004 Mazda 3 to run as well as my 2015 Altis, and I'm not even done yet.

If you just want a so-so car that runs well enough to get you around the city, a budget of around 20k will do. If you want a car with absolutely no rattles, with performance that's as good as it was when it was new, you'll be spending 30-50k even on a relatively fresh unit.

It's hard to find secondhand sellers that are car enthusiasts or even just ordinary owners who don't scrimp on maintenance. Especially for decade-old cars, it's quite rare to find first owners. Even with decent used car dealers, they will only fix the car up to the point that it doesn't have any glaring issues upon testing, but I doubt they've run the car to its limits to really bring out any problems.



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yup!
sa front suspension pa lang, kung mamalasin, ubos na ang 5K.
baka nga sa one side pa lang yan..

[unmarked]

Jan na papasok emergency fund ni madam. But dont let the costs turn you off. Be ready lang sa mga costs na sinasabi nila mas experienced.

[gulaysk]

The seller is based in Las Pinas and the katiwala is the one who deals with the potential buyers. May several cars din kasi na binebenta dun sa pinuntahan naming bahay. Dun nakagarahe. Tinanong ko si katiwala kung kailan kaya namin pwedeng makausap nang personal si seller, sabi niya hindi niya lang daw alam kasi nga lagi raw nasa Las Pinas yun. Seems kinda shady, diba?

From the get-go, medyo na-turn off na ako sa seller ng pangalawang unit. Katext ko lang kasi nung friday at kagabi to tell him na darating kami this morning at kung anong oras. This morning nagtext ako na papunta na kami, hindi na nagreply. Pagdating namin doon, hindi alam ng katiwala na may darating pala to view the car. Hindi raw nagsabi sa kanya si dealer kaya medyo matagal pa bago kami pinapasok.

I guess ang issue ko lang naman with the seller, parang may pakiramdam lang ako na may pagkanegligent siya. At yun nga, may pagkashady.

During the test drive naman, I was at the front seat. Maganda nga ang takbo at wala ka namang maririnig/mararamdaman na kalampag.

About driving a manual, I really prefer sticking to AT nalang. Hirap kasi talaga ako magtimpla sa manual. Pakiramdam ko AT nalang ang pag-asa ko para makapagmaneho lol.

Thanks for reminding me to keep in mind that we need to set aside a certain budget for future repairs. Mukha ngang stretching the budget to P248K might be risking it.

We may still go back tomorrow with the driver just to hear his assessment/evaluation of the car. Para lang din sa peace of mind namin. Haha. Just to validate our decision to get the first unit instead. Well at least that's what we're leaning towards getting.

[SkyFlakes88]

Actually you don't need the extra power of the vti for your daily duties. Which car did you feel more comfortable to drive and more at ease? Observe how the engine purrs in idling and on the road when you give it a kick. Any noises in the engine/suspension or in the cabin could help you decide. Your Gut feel comes into play. Good luck![emoji106]

[maki mi]

Kapos talaga ang 5k, maski sa standard service ng bagong bili na 2nd hand. Para sakin kasi, automatic na pagbili mo ng 2nd hand, replace timing belt and water pump ka plus replace all fluids, check and replace belts pa.

[gulaysk]

Thanks for all the help, guys. We finally decided to get the lxi instead of the vti. We didn't push through na with the viewing this afternoon. Mabigat na rin kasi to shell out almost 20K more than our set budget and we still have to set aside some moolah for future repairs/replacements. We also thought about what Skyflakes said and agreed that lxi would be enough for our city driving needs.

Also, I felt more comfortable dealing with the seller of the lxi unit. I don't believe in signs but I do believe in paying heed to your gut feel. And mas at ease ako with the lxi seller.

Now we'll be meeting up with the seller sa mall tomorrow then we go to their office and pay in cash. Is this usual in transactions like these? We preferred sana bank transfer and this was what we initially agreed upon but we requested to have our reservation extended until today (hanggang kahapon lang dapat) and his assistant said cash nalang daw kapag ganoon.

[dcph172]

Dont meet in mall anymore. Just go straight to the office and pay there.


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[SkyFlakes88]

Thanks for all the help, guys. We finally decided to get the lxi instead of the vti. We didn't push through na with the viewing this afternoon. Mabigat na rin kasi to shell out almost 20K more than our set budget and we still have to set aside some moolah for future repairs/replacements. We also thought about what Skyflakes said and agreed that lxi would be enough for our city driving needs.

Also, I felt more comfortable dealing with the seller of the lxi unit. I don't believe in signs but I do believe in paying heed to your gut feel. And mas at ease ako with the lxi seller.

Now we'll be meeting up with the seller sa mall tomorrow then we go to their office and pay in cash. Is this usual in transactions like these? We preferred sana bank transfer and this was what we initially agreed upon but we requested to have our reservation extended until today (hanggang kahapon lang dapat) and his assistant said cash nalang daw kapag ganoon.

Good choice sir! Enjoy your new ride and drive safely![emoji106][emoji4]

[unmarked]

Ayus may ride ka na 👍

[gulaysk]

Thanks, guys! Btw, girl po ako as I've mentioned in my first post. Haha 😁

So it's ok to pay the seller in cold hard cash? I feel safer to do it via bank transfer. But is it ok/is it normally done to pay the seller this way?

[number001]

Thanks, guys! Btw, girl po ako as I've mentioned in my first post. Haha ��

So it's ok to pay the seller in cold hard cash? I feel safer to do it via bank transfer. But is it ok/is it normally done to pay the seller this way?

Either way its possible. It depends on what you agreed together. Some people do not like checks or cheque bec. of the clearing days involved as well as the potential for fraud (even in manager's check).

Also as a buyer maybe you can ask the seller if you can leave out a balance in the payment which you will give to them upon receiving the duly notarized DEED OF SALE (2 copies at least). Some sellers upon getting the full payment will ignore or delay the release of this document. Without this document, the LTO title (CR) cannot be transferred to your name.

PS: So far all the three cars I sold, all involved cash transaction. No cheque.

[gulaysk]

Hi number001. When you say cash transaction, as in bundles of money upfront? I feel uneasy lang kasi to bring a significant amount of cash to pay the seller.

Would you care to share how much money/percentage to leave out until the duly notarized deed of sale is released?

[maki mi]

I prefer bank transfer because it leaves a paper trail for whatever purpose it may serve. Also, before payment, naka ready na dapat ang DoS and pertinent documents, for signature mo na lang and notarization, likewise the car ready to be driven off the same day. A seller in good faith should have no problem having these prepared on the date of exchange.

Make sure you validate with LTO the owner of the open DoS, that the entries match the CR and have copies of proper identification, para smooth ang transfer sa iyo. Isang typo error lang dyan, malaking abala sa iyo.

[gulaysk]

maki_mi, that's exactly how I feel. Na kapag may bank transfer, kahit papaano may paper trail.

After we've decided to get the unit yesterday, seller wants to do the transaction/payment right away kaya we feel rushed. Gusto magmeet up na agad this afternoon. So dapat pala may initial meeting pa ulit kami to prepare the documents, etc before handing the payment. Sorry for the noob question, pero what documents need to be prepared and signed? Quite naive, naisip ko lang na we give the payment and then drive off with the car and just wait for the DoS to be released. Wala pa kasi sa aming may experience in buying second hand cars. :dunno:

[number001]

Hi number001. When you say cash transaction, as in bundles of money upfront? I feel uneasy lang kasi to bring a significant amount of cash to pay the seller.

Yes bundle of cash.

Cash is the easiest but some say it does not leave paper trail.

Bec. if its bank transaction, you will need to keep on checking if the amount has entered your acct. When I was doing those transaction a few years ago, internet banking was still taking off. There is some delay or waiting involved. Now if its bundles of cash, you are sure its there.

Would you care to share how much money/percentage to leave out until the duly notarized deed of sale is released?

Actually the DOS should be done and released as you pay for the vehicle.
But in the case of certain events (ie. error in the document or no notary public available nearby, etc.) , the DOS will be to follow. But you need to avoid this scenario if possible. Which is why you need to make sure the notarized DOS is correct (exact same details of the vehicle and owner as LTO registration).

Re: the percentage of balance. There is no hard fast rule. It can be around Php 40-50K depending on the amount involved. BTW, I had a transaction of 240K and the buyer withheld 40K for the DOS bec. he failed to show me his details or incorrect info on his part.

[maki mi]

For documents needed, it's just the DoS, OR/CR and ID of owner. However, naalala ko na korean lady ang owner? Better check the LTO website, re transfer of ownership requirements. Baka may foreign ownership docs chuva chu chu pa yan.

[number001]

Check first if the vehicle is registered to a company or personal.

If personal registered, you need (2) xerox copy of a valid gov't issued ID (driver's license, sss, etc...) with three actual signature specimen below.


If company registered, you need a properly signed company board resolution, notarized secretary certificate,

signatory of company secretary - (2) xerox copy of a valid gov't issued ID (driver's license, sss, etc...) with three actual signature specimen below.

signatory of company president (2) xerox copy of a valid gov't issued ID (driver's license, sss, etc...) with three actual signature specimen below. (not so sure about this).

Deed of Sale - at least 2 actual copies for you.

Vehicle LTO CR and OR. (make sure there is no "encumbered" stamping on the CR).

[gulaysk]

Actually, the price the seller gave us already included the transfer of ownership daw. Sila na raw mag-aasikaso.

So if all goes well during and after our transaction, we should be driving off with the car along with 2 copies of DoS. Tama ba? To follow nalang ang OR and CR after transfer ng ownership?