Buying a Repossess Car

**shadow** · June 23rd, 2019 07:13 AM

Baka ma reposesed na then the owner decided he'll just pay the balance para hinde siya lugi and mabenta pa niya. Nakautwng ng pang bayad or something.

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**sirkosero** · June 23rd, 2019 09:25 AM

Originally Posted by shadow

Baka ma reposesed na then the owner decided he'll just pay the balance para hinde siya lugi and mabenta pa niya. Nakautwng ng pang bayad or something.

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You mean assune balance?

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**shadow** · June 23rd, 2019 11:16 AM

Originally Posted by sirkosero

You mean assune balance?

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OP said the owner paid the remaining balance from the bank so there's no "assumed balance" it will be a straight sale

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**dr. d** · June 23rd, 2019 12:00 PM

in that case, someone get it asap.
there's a daily storage fee...

**Dark-scion** · July 18th, 2019 08:43 AM

Repossess car is yung mga galing sa bank na nahatak tama po ba?

**dr. d** · July 18th, 2019 09:10 AM

Originally Posted by Dark-scion

Repossess car is yung mga galing sa bank na nahatak tama po ba?

yun nga po.
mga hindi tinuloy ang monthly bayads, for a variety of reasons.

**ozzy0408** · September 17th, 2019 05:01 PM

good day po mga sirs, pahelp din po sana

may nagbebenta po na buy and seller online na sasakyan and nung naginquire ako thru chat, sabi yung unit is na-acquire nila sa bank at repo unit.. after 2 weeks pa daw po nila makukuha mga docs.

since medyo ok po price nya for a 2016 model, ano po dapat mga icoconsider ko when checking the car?

also i tried to verify yung plate number nya sa LTO (white plate) and ang nakakapagtaka lang po is last registration po sa LTO is also 2016. ibig sabihin po ba ay paso it ng tatlong taon?

**kapitan88** · September 17th, 2019 08:23 PM

3yrs ang initial registration ng mga cars.

Originally Posted by ozzy0408

good day po mga sirs, pahelp din po sana

may nagbebenta po na buy and seller online na sasakyan and nung naginquire ako thru chat, sabi yung unit is na-acquire nila sa bank at repo unit.. after 2 weeks pa daw po nila makukuha mga docs.

since medyo ok po price nya for a 2016 model, ano po dapat mga icoconsider ko when checking the car?

also i tried to verify yung plate number nya sa LTO (white plate) and ang nakakapagtaka lang po is last registration po sa LTO is also 2016. ibig sabihin po ba ay paso it ng tatlong taon?

**dr. d** · September 17th, 2019 08:31 PM

Originally Posted by ozzy0408

good day po mga sirs, pahelp din po sana

may nagbebenta po na buy and seller online na sasakyan and nung naginquire ako thru chat, sabi yung unit is na-acquire nila sa bank at repo unit.. after 2 weeks pa daw po nila makukuha mga docs.

since medyo ok po price nya for a 2016 model, ano po dapat mga icoconsider ko when checking the car?

also i tried to verify yung plate number nya sa LTO (white plate) and ang nakakapagtaka lang po is last registration po sa LTO is also 2016. ibig sabihin po ba ay paso it ng tatlong taon?

if i were me,
i'd wait for until the bayan seller gets his name as the owner of the car.
otherwise, you might have difficulty getting your name as the owner of your new acquisition.
rematado cars may need more documents than cars purchased from original owner-sellers.

**ozzy0408** · September 18th, 2019 09:50 AM

Originally Posted by kapitan88

3yrs ang initial registration ng mga cars.

thanks sir, verify ko nalang po sa lto pag meron na po papeles nila

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Originally Posted by dr. d

if i were me,
i'd wait for until the bayan seller gets his name as the owner of the car.
otherwise, you might have difficulty getting your name as the owner of your new acquisition.
rematado cars may need more documents than cars purchased from original owner-sellers.

salamat sir, antayin ko nalang po muna makumpleto siguro yung sinasabi nilang papeles