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  1. Join Date
    Jul 2007
    Posts
    57,770
    #1
    Quote Originally Posted by dr. d View Post
    did i understand it right?

    that's not debt restructuring!
    he's re-structuring his entire car!
    his car is about to be re-possessed,
    and he's selling his car's new-ish parts, for old parts + cash.
    tanggal new parts, palit old parts.
    pocket the cash.

    is this real?
    and he's advertising it out in the open!
    i want to offer some choice words, but.. wag na lang!
    baka mag-dilang anghel.
    Magulang/hustler. No wonder his car is getting repossessed, people like that can't get their sh1t together

    Sent from my SM-M127F using Tapatalk

  2. Join Date
    May 2006
    Posts
    1,668
    #2
    Or, wag bumili. Unahin yun anak.

    Sent from my ONEPLUS A5000 using Tapatalk

  3. Join Date
    Jul 2009
    Posts
    10,310
    #3
    Reminds me of this guy who owns a computer shop. He is about to deliver a brand new desktop to a client. He excused me from the PC in his shop that I was using, then he opened it up and swapped the new memory of the PC he is about to deliver to the old memory on a pc in his shop. I know because he explained to me what he is doing and it seems he is proud pa of it.

    Reminds me also of my wife's old car. It's all Goodyear tires. Then one day I noticed one is now Dunlop and thinner than the other 3 tires. I think it was during pms that it was switched.

  4. Join Date
    Sep 2005
    Posts
    15,310
    #4
    na post lang kasi sa social media.. pero matagal nang nangyayari yan.. actually merong ibang bank employees ganyan ang ginagawa.. ni swap yung mga good parts sa old parts + cash..

  5. Join Date
    Jul 2013
    Posts
    7,327
    #5
    Quote Originally Posted by _Qwerty_ View Post
    na post lang kasi sa social media.. pero matagal nang nangyayari yan.. actually merong ibang bank employees ganyan ang ginagawa.. ni swap yung mga good parts sa old parts + cash..
    may kilala din kaming bank employee na nasa repossessed dept ng vehicles

    kapag maganda yung car, may dummy yung asawa nya na mananalo sa bid.

  6. Join Date
    Mar 2008
    Posts
    54,627
    #6
    Quote Originally Posted by ice15 View Post
    may kilala din kaming bank employee na nasa repossessed dept ng vehicles

    kapag maganda yung car, may dummy yung asawa nya na mananalo sa bid.
    a kakilala, who has connections to some banks, made kuwento,
    "those cars being advertised for bidding by the repossessor banks, latak na lang yan. pinag-pilian na ng mga taga-doon ang mas magandang buys."
    the banks do not really care who get to win. all they care about, is that they get their money.

  7. Join Date
    Sep 2005
    Posts
    15,310
    #7
    correct.. a VP friend sa isang bank said na sila ang nauuna kumilatis.. and their families.. and their friends.. pag wala kumagat.. tsaka pa lang magiging available for re-sale.


    Quote Originally Posted by dr. d View Post
    a kakilala, who has connections to some banks, made kuwento,
    "those cars being advertised for bidding by the repossessor banks, latak na lang yan. pinag-pilian na ng mga taga-doon ang mas magandang buys."
    the banks do not really care who get to win. all they care about, is that they get their money.

  8. Join Date
    Sep 2016
    Posts
    2,348
    #8
    Quote Originally Posted by dr. d View Post
    a kakilala, who has connections to some banks, made kuwento,
    "those cars being advertised for bidding by the repossessor banks, latak na lang yan. pinag-pilian na ng mga taga-doon ang mas magandang buys."
    the banks do not really care who get to win. all they care about, is that they get their money.
    Parang yung isang client namin, he has an auto buy-and-sell business along Meralco Ave. Inaalok kami kung gusto daw namin ng 2nd hand repo cars, lapit lang daw kami sa kanya. Makakapili daw kami bago pa i-auction ung mga matitira.

  9. Join Date
    Mar 2008
    Posts
    54,627
    #9
    Quote Originally Posted by _Qwerty_ View Post
    na post lang kasi sa social media.. pero matagal nang nangyayari yan.. actually merong ibang bank employees ganyan ang ginagawa.. ni swap yung mga good parts sa old parts + cash..
    you're probably correct.
    according to the original post (post #18 above), the person is a member of the fortuner club.
    that suggests to me,
    that "he probably got the idea from other members of that club".
    is it possible, he and his like, do not see anything wrong with it?!!
    after all... posting it in practically public forum...
    Last edited by dr. d; July 8th, 2022 at 10:02 AM.

  10. Join Date
    Mar 2008
    Posts
    54,627
    #10
    Quote Originally Posted by BratPAQ View Post
    Reminds me of this guy who owns a computer shop. He is about to deliver a brand new desktop to a client. He excused me from the PC in his shop that I was using, then he opened it up and swapped the new memory of the PC he is about to deliver to the old memory on a pc in his shop. I know because he explained to me what he is doing and it seems he is proud pa of it.

    Reminds me also of my wife's old car. It's all Goodyear tires. Then one day I noticed one is now Dunlop and thinner than the other 3 tires. I think it was during pms that it was switched.
    thievery abounds!
    highs!

  11. Join Date
    Jul 2009
    Posts
    10,310
    #11
    Quote Originally Posted by dr. d View Post
    thievery abounds!
    highs!
    Yes doc, my point of posting it is kahit saan industry may nakawan ng piyesa, as long as you know how the parts work and how likely will the owner/victim will notice the part.

    I won't be surprised if it happens with new cars too, sometimes you would hear stories of lemon cars na dami problem.

  12. Join Date
    Mar 2008
    Posts
    54,627
    #12
    well,
    i have heard of stories where car sellers include the jack and tools... at added price...
    totoo kaya ito?

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