What are the requirements needed to buy a car?

[X-isle]

mga sir may question lang po ako kasi a friend of mine was aking kung anu anu po daw ba ung requirements na kelangan on buying a new car... kasi she inquired na ata kaso thru email xa nag inquire since wala pa kasi sya d2 pinas.. pagbalik nya saka nya balak bumili.. e2 ung reply sa kanya ng sales agent...

"Attached is the financing quotation for the Honda automatic. Pwede po natin ipangalan yung loan sa parents nyo mam na nandito sa pinas. Or kung nagpapadala po kayo ng remittance dito, pwede po natin ipangalan dun sa receiver ng remittance nyo mam. Proof of remittance lang po ang kelangan. Tutulungan ko po kayo mam na ma-approve ng bank. You may reach me at any of my contact numbers mam para mapag usapan po natin mabuti. Thank you and Godbless! Mark Anthony Ondaro Sales Executive Honda Cars Kalookan 0917-8820606 / 0922-7570708"

ayan tapos hindi niya maintindihan since first tym sya bibili ng sasakyan nya with own money.. hindi ko rin naman masagot agad mga questions nya since i got my car as a gift and did not bought it... any enlightening about this matter, guys would be of much help. Thank You guys!

[enzo18]

kung financing through bank ang tinatanong nya at sinabi ng salesman na proof of remittance lang ang kailangan, hassle free yun. pero malalaman nyo na lang talaga kun totoo yun kun magagawa nya nga. sa bank financing usually ang hinihingi aside sa proof ng remittance or proof of income ay IDs. kung ang mag a-apply ay parents at ang magbabayad ay anak nila, pwede rin humingi ang bangko ng SPA or deed of assignment. para mas maka sigurado ka, ang tanungin mo ay yung bangko kung saan nila ipapasok yung loan.

[_Qwerty_]

sa banks kamo sya mag apply wag sa in house nang Casa.. pag sa banko medyo madali lang.. proof of income/remittance lang.. tapos tatanungin din kung may parking ka..

[lui]

d ganun kasimple lalu na kung nasa abroad. maganda nga ipangalan na nanay na nandito. nandito po kontak number ko kung kailangan nyo ng mga sagot

[X-isle]

ah ok po.. eh mga sir eto pa tinatanong nya sakin kung kelangan pa daw ba ng guarantor un??

[X-isle]

another question nya din po pala pahababol lang mga sir... mga ilan buwan daw po ba approval ng sasakyan?? any ideas po? Salamat!

[1D4LV]

another question nya din po pala pahababol lang mga sir... mga ilan buwan daw po ba approval ng sasakyan?? any ideas po? Salamat!

if the papers are complete and are in order, some banks can offer decisions after a day. but on the average, its around 3 days.

[enzo18]

depende na sa bangko kung magre-require pa sila ng co-maker.

[mazingerZ]

Banks usually give out approvals in half a day. Tama sila na go directly to your bank para mas madali at makakahaggle pa kayo nga rates. Standard requirements ng mga banks are as follows:

1. Proof of remittance (bank statements, western union receipts, etc.)
2. Valid government issued IDs that are not expired (TIN, SSS, Drivers License, PRC, postal IDs, etc)
3. SPA in the event that one borrower is abroad (pero with us di na kailangan);
4. ITR (if one of the borrowers is employed here in RP);
5. COE of OFW borrower (latest);

PM me kung medyo malabo pa rin. HTH . .

[rhuwrx]

Na curious lang po ako mga sir, paano naman pag straight full payment yung pagbili ng car ie: managers/personal cheque or cold cash . Humihingi pa kaya ng requirement ang casa?