
Originally Posted by
dr. d
my colleague says,
his friend in the bank invited him to peruse the cars up for bidding, before it was opened to the public.
he got the pick of the litter. after many years of use, ok pa yung car. siya, hindi na ok. "old", him.
someone also mentioned, that the bank employees sometimes get first dibbs, before opening to the public.
some bayan sellers even advertise, that they source their cars from the banks' re-possessed stable. may usapan daw sila ng bangko.
but if i may,
if i had a car that was about to be re-possessed, would i take good care of it in the interim?
same argument for grey-import cars, from countries that practice early-car-retirement.