First time buying a car

[Egan101]

guys what does bank p.o. ? kasi tinatanung nung dealer na nakita ko online

Bank Purchase Order. If you loan a car thru a bank and it is approved, the bank will issue a purchase order to the dealer so that the car will be released to you.

[King of Spades]

Good evening po

Magtatanong lang kung ano kaya need na requirements kung ang co maker is nasa abroad nagwowork

Maraming salamat

[dr. d]

Good evening po

Magtatanong lang kung ano kaya need na requirements kung ang co maker is nasa abroad nagwowork

Maraming salamat

the best authority to ask, is the mortgage giver.

[King of Spades]

the best authority to ask, is the mortgage giver.

Noted. Maraming salamat po

[SidCoronel]

the best authority to ask, is the mortgage giver.

Another short yet very precise answer dr d. Isa kang alamat!

[SelraBeats]

Pano po kapag bumibili ng 2nd hand through facebook/olx? Are there any papers to look out for?

[dr. d]

Pano po kapag bumibili ng 2nd hand through facebook/olx? Are there any papers to look out for?

rule number one: never buy a car, sight unseen. go and inspect it, before deciding. if you do not know how to evaluate a used car, bring someone whom you trust, who knows how to look over a used car.

the most basic papers, are the updated official receipt (OR), to guarantee that vehicle's lto is up to date, and you won't be paying for the last two non-registration years,
and the Certificate of Registration (CR), to show that seller is the real owner, and that vehicle is not under mortgage still.
originals only. no xerox, please. you'll have a headache, if the CR were only xerox.

if the car is still under the mortgage holder's name, be prepared to do extra legwork and paperwork, and ultimately, more expenses and time.

my last advice: do not hurry. the next car might just be better than the "one that got away".

have fun.

[travajante]

rule number one: never buy a car, sight unseen. go and inspect it, before deciding. if you do not know how to evaluate a used car, bring someone whom you trust, who knows how to look over a used car.

the most basic papers, are the updated official receipt (OR), to guarantee that vehicle's lto is up to date, and you won't be paying for the last two non-registration years,
and the Certificate of Registration (CR), to show that seller is the real owner, and that vehicle is not under mortgage still.
originals only. no xerox, please. you'll have a headache, if the CR were only xerox.

if the car is still under the mortgage holder's name, be prepared to do extra legwork and paperwork, and ultimately, more expenses and time.

my last advice: do not hurry. the next car might just be better than the "one that got away".

have fun.

Here's a 9part epic on buying blind...by the legend, ASPW...Better than Parasite. Start here.
NEW LIFE for a 20-Yr OLD LAND CRUISER. 1. First View. - YouTube

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[opge26]

I would suggest to have bigger downpayment as much as you can and also, don’t exceed more than 4 years for the downpayment of the vehicle.