Buy a second hand.

[dr. d]

Bought a car in installment. 50% down 3 years to pay. Why installment? I already computed what the 50% will earn vs the total interest i pay for the loan. Mas malaki kita nung 50% invested than the interest so i opted to get installment. So cash or installment? Depende[emoji1]

many commoners do not know how to make their money work for them. all we know is that 5-7 % special time deposit...

[hinlog]

Just want to know which bank gives the 5-7% interest rate under std nowadays? Also, how much is the minimum amount required to invest to qualify under std? Salamat

[dr. d]

Just want to know which bank gives the 5-7% interest rate under std nowadays? Also, how much is the minimum amount required to invest to qualify under std? Salamat

from what i understand...
a number of banks, po. and they're not really time deposits, as what the common definition is. more of "investments"..
but they do not openly advertise. you have to ask.
"prefered clients, yata".

[Walter]

They are UITFs, not time deposits.

Even with 0% interest promo, they give big cash discounts for cash buyers.

[Luap]

They are UITFs, not time deposits.

Even with 0% interest promo, they give big cash discounts for cash buyers.

True for outgoing models. For hotcakes, they certainly prefer financing.

[hinlog]

OT: as I know uitf doesn't guarantee return of your investment. This is just to add clarity, as others might interpret our exchanges on my earlier inquiry re which investment vehicle can provide that interest rate erroneously. Salamat muli.

[dr. d]

OT: as I know uitf doesn't guarantee return of your investment. This is just to add clarity, as others might interpret our exchanges on my earlier inquiry re which investment vehicle can provide that interest rate erroneously. Salamat muli.

yespo.
the usual time deposits that the ordinary tao is familiar with, guarantees returns as stated. but these interests may be deemed as "too low".
"investments" do offer significantly more potential earnings, but there is no guarantee. investor is just as likely to lose as to gain.
and the higher the potential gain, the higher the risks of losing... even the capital!
yes, the bank may say that it is "a sure thing", but only verbally and with fingers crossed behind back.. (heh heh).
he might show investor the performance record of the investment.. but that is the past... the future remains to be seen.

so who likes to gamble?

[Macky]

Sa sobrang luwag ng financing ngaun, bat ka pa bibile ng used car

Know your financial situation plus the stability of your financial sources when trying to adapt to this mentality. Friendly advise lang po as I am currently browsing through different bank's reposessed list of vehicles which I expect to grow by the late 1st quarter to early 2nd quarter of next year.

[duueeyy]

salamat po doc..dr.d

kinakabahan lang kasi ako sa maintenace ng ford.or baka may kamahalan mga part unlike sa ibang brand..dun lang ako nagiisip.

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salamat po doc..dr.d

kinakabahan lang kasi ako sa maintenace ng ford.or baka may kamahalan mga part unlike sa ibang brand..dun lang ako nagiisip.

Tama ka sir

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Know your financial situation plus the stability of your financial sources when trying to adapt to this mentality. Friendly advise lang po as I am currently browsing through different bank's reposessed list of vehicles which I expect to grow by the late 1st quarter to early 2nd quarter of next year.

Thanks for the input

[duueeyy]

yespo.
the usual time deposits that the ordinary tao is familiar with, guarantees returns as stated. but these interests may be deemed as "too low".
"investments" do offer significantly more potential earnings, but there is no guarantee. investor is just as likely to lose as to gain.
and the higher the potential gain, the higher the risks of losing... even the capital!
yes, the bank may say that it is "a sure thing", but only verbally and with fingers crossed behind back.. (heh heh).
he might show investor the performance record of the investment.. but that is the past... the future remains to be seen.

so who likes to gamble?

Tama better be sure

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True for outgoing models. For hotcakes, they certainly prefer financing.

True.sir.hayy

[anthonyrepublic]

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if seller refuses to road test, walk away. he is probably hiding something.
sa dami ng used cars for sale diyan...

if seller is willing to drive it to the gas station and have it lifted for a look-see of the underside, the better.

gud day sir!plan ko sana bumili ng 2nd hand car para hindi n kmi nhhirapan mg commute ng wife ko lalo n mgddalawa n baby nmin..mga 140-150k ang budget ko..kung sakali eto plang po ung first car ko..ano po b ung car n marrecommend nyo n pasok s budget ko (prefer ko po manual) ung low maintenance po sana at hndi mlakas s gas..thank u in advance!

[viper888]

gud day sir!plan ko sana bumili ng 2nd hand car para hindi n kmi nhhirapan mg commute ng wife ko lalo n mgddalawa n baby nmin..mga 140-150k ang budget ko..kung sakali eto plang po ung first car ko..ano po b ung car n marrecommend nyo n pasok s budget ko (prefer ko po manual) ung low maintenance po sana at hndi mlakas s gas..thank u in advance!

Typical 150k choice is big body 90s corolla and keep change for maintenance.


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[perspiration]

Off topic lang po, newbie question. Balak ko sana bumili ng boxtype, problema ay wala pa akong drivers license. Pwede ba gamitin ko yung mga Gov't IDs ko sa transaction. Within March kasi pa ako mag apply ng drivers license dahil sa work schedule ko.

(plano ko magsama nalang ako ng kapitbahay na may license para sya mag uwi ng kotse)

Ang alam ko need ng orig na OR at CR, Open DOS at ID sa registered owner, ano pa po ba mga kelangan?

Feed back nalang po. Salamat ng Marami.

[Juan Martinez]

Ang alam ko need ng orig na OR at CR, Open DOS at ID sa registered owner, ano pa po ba mga kelangan?

apart from those documents, ask for the motor vehicle clearance certificate from the seller, and, of course, the money to pay for the car.

[perspiration]

apart from those documents, ask for the motor vehicle clearance certificate from the seller, and, of course, the money to pay for the car.

Thanks sir! pag wala syang motor vehicle clearance certificate ok parin ba na bilhin yung kotse or hanap nalang ng iba?

[Juan Martinez]

Thanks sir! pag wala syang motor vehicle clearance certificate ok parin ba na bilhin yung kotse or hanap nalang ng iba?

mvcc is the most important document that you need to have. it is issued by the pnp - highway patrol group. you'll know that the car you're eyeing to buy isn't carnapped. if they can't give it to you, don't the force the issue. look for another one.

[perspiration]

mvcc is the most important document that you need to have. it is issued by the pnp - highway patrol group. you'll know that the car you're eyeing to buy isn't carnapped. if they can't give it to you, don't the force the issue. look for another one.

Thank you. Hinihintay ko nalang yung sagot nung buyer kung may MVCC docs yung boxtype..

[perspiration]

mvcc is the most important document that you need to have. it is issued by the pnp - highway patrol group. you'll know that the car you're eyeing to buy isn't carnapped. if they can't give it to you, don't the force the issue. look for another one.

Guide mo narin ako about sa transaction ng 2nd hand. Need ba namin pumunta sa notary public bago transaction? Paki explain nalang. Thanks in advance

[Juan Martinez]

Guide mo narin ako about sa transaction ng 2nd hand. Need ba namin pumunta sa notary public bago transaction? Paki explain nalang. Thanks in advance

sale is a unilateral contract. selling is mainly the act of the seller. so, you, as a buyer, don't need to present yourself before a notary public.

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[perspiration]

Guide mo narin ako about sa transaction ng 2nd hand. Need ba namin pumunta sa notary public bago transaction? Paki explain nalang. Thanks in advance

sale is a unilateral contract. selling is mainly the act of the seller. so, you, as a buyer, don't need to present yourself before a notary public.

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Thanks! At saan ba maganda gawin ang transaction? Sa bahay ng seller or buyer? Dapat kasi may kukunin ako na kotse kanina, tapos nag back out yung kasama ko kasi wala naman daw notary public pag sunday. Nag iingat lang sya.