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  1. Join Date
    Jan 2014
    Posts
    101
    #1
    pansin ko lang ang daming repo na ford everest lalo na sa list ng PSBANK, ano kayang reason, is it the car or the capability of the loaner pero bakit andami naman kesa sa ibang SUV...anong sa palagay nyu mga paps?

  2. Join Date
    Oct 2012
    Posts
    27,624
    #2
    Quote Originally Posted by Mentos View Post
    pansin ko lang ang daming repo na ford everest lalo na sa list ng PSBANK, ano kayang reason, is it the car or the capability of the loaner pero bakit andami naman kesa sa ibang SUV...anong sa palagay nyu mga paps?
    low dp. high monthly cost = satanic repossession

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    Quote Originally Posted by Mentos View Post
    pansin ko lang ang daming repo na ford everest lalo na sa list ng PSBANK, ano kayang reason, is it the car or the capability of the loaner pero bakit andami naman kesa sa ibang SUV...anong sa palagay nyu mga paps?
    low dp. high monthly cost = satanic repossession

  3. Join Date
    Jan 2014
    Posts
    101
    #3
    ibig sabihin mas marami sadya ang mga kumukuha ng everest na hindi financially capable kesa sa monty and fort, dahil halos wala kang makitang repo na unit kung meron man 1 - 2 lang bilis pang mahugot agad

  4. Join Date
    Jun 2012
    Posts
    1,488
    #4
    Mas madaling i-pasa ang Montero o Fortuner kung di na kayang bayaran kesa Everest. Bihira ang sasalo sa Everest kaya they ended up repossessed. Just don't know with the new Everest later.
    Last edited by confused shoes; September 14th, 2015 at 12:05 AM.

  5. Join Date
    Sep 2014
    Posts
    8,492
    #5
    American car, america subprime on cars

  6. Join Date
    Mar 2014
    Posts
    901
    #6
    Uhmm... Baka di lang nasatified sa feature and performance ng model na yun, kaya pinabayaan nalang mareposses. Di ka naman papasa sa Banks' CI's kung di ka financially capable of owning a vehicle like that under banks loan mortgage.

    Sent from my UP+ using Tapatalk

  7. Join Date
    Oct 2002
    Posts
    40,599
    #7
    Quote Originally Posted by rodetor View Post
    Uhmm... Baka di lang nasatified sa feature and performance ng model na yun, kaya pinabayaan nalang mareposses. Di ka naman papasa sa Banks' CI's kung di ka financially capable of owning a vehicle like that under banks loan mortgage.

    Sent from my UP+ using Tapatalk
    Hehehe. Eh paano na next car loan nila? Aber?
    And sinong nagsabi hinde makakalusot mga hinde financially qualified sa bank's CI? [emoji16]

  8. Join Date
    Mar 2012
    Posts
    432
    #8
    So kung ganun dapat bagsak presyo? Talo ang bank dyan habang nabubulok sa garahe nila yung unit.

  9. Join Date
    Aug 2015
    Posts
    123
    #9
    Same with the Vios and Accent sa BDO napakarami. I don't think "hindi na satisfied" sa performance mga to. It all comes down to money. Baka nachambahan lang na maraming kumuha ng Everest na hindi nakayanan

  10. Join Date
    Oct 2012
    Posts
    27,624
    #10
    Quote Originally Posted by confused shoes View Post
    Mas madaling i-pasa ang Montero o Fortuner kung di na kayang bayaran kesa Everest. Bihira ang sasalo sa Everest kaya they ended up repossessed. Just don't know with the new Everest later.
    New Everest is Prado Class suv without the Prado price. Ill take a used 4x2 if i can save 250k off of the new price.

  11. Join Date
    Oct 2002
    Posts
    10,819
    #11
    Hindi naman new eve mga yun, kakalaunch pa lang ng new eve alangan naman may reposessed na e 1 week pa lang nga lumabas.

    Those are the old model everest that were disposed off by ford dealerships last year for as low as P59k down payment all-in. And yes mga hindi na nakabayad mga yan. Kayang-kaya palusutin ng mga dealerships sa banks kahit di qualified. Even bank managers collude with them, e may commission kaya mga bank managers for every loan. Kahit tamang-tama lang kita ng loan applicant at wala nang pang PMS o pambayad ng next year insurance papalusutin nila. At sino ba naman magsosoli ng kotse dahil lang ayaw na nya ng features? Sisirain mo credit history mo, e pwede mo naman ibenta na assume balance kung talagang ayaw mo na.

    Well, that, or mga balikbayan ang kumuha. Avail of the P59k down, use the car while on vacation, leave the car in front of the bank when vacation is finished hehehe! Imagine having a car for 1 month at only P59k, parang nag-rent ka at P2k/day lang.
    Last edited by yebo; September 14th, 2015 at 07:42 AM.

  12. Join Date
    Jan 2015
    Posts
    491
    #12
    Quote Originally Posted by yebo View Post
    Hindi naman new eve mga yun, kakalaunch pa lang ng new eve alangan naman may reposessed na e 1 week pa lang nga lumabas.

    Those are the old model everest that were disposed off by ford dealerships last year for as low as P59k down payment all-in. And yes mga hindi na nakabayad mga yan. Kayang-kaya palusutin ng mga dealerships sa banks kahit di qualified. Even bank managers collude with them, e may commission kaya mga bank managers for every loan. Kahit tamang-tama lang kita ng loan applicant at wala nang pang PMS o pambayad ng next year insurance papalusutin nila. At sino ba naman magsosoli ng kotse dahil lang ayaw na nya ng features? Sisirain mo credit history mo, e pwede mo naman ibenta na assume balance kung talagang ayaw mo na.

    Well, that, or mga balikbayan ang kumuha. Avail of the P59k down, use the car while on vacation, leave the car in front of the bank when vacation is finished hehehe! Imagine having a car for 1 month at only P59k, parang nag-rent ka at P2k/day lang.
    +100 may mga kakilala ako na ganyan na na repossessed ang mga kotse dahil na enganyo sa low down without even computing the expenses of owning a car. Sad to say mentality ng iba akala nila pag afford nila ang low down e financially stable na sila to own a car.

  13. Join Date
    May 2006
    Posts
    8,357
    #13
    ang advertise kasi ng mga dealer low DP as low as 6,000 monthly di alam ng mga buyer maliit ang DP malaki ang monthly at yung malaki ang DP maliit naman ang monthly.

    may SUV ngayon na 49,900 DP all in pa baka gusto nyo

  14. Join Date
    Feb 2011
    Posts
    563
    #14
    You will be blacklisted by the credit bereau and hindi ka na makakakuha ng whatever loan until you settle your obligations. Kahit new credit card di ka makakakuha.

    Yebo is right yan yung mga nag avail ng low dp and was blinded by the low cash out not realizing that kaya nila bayaran yung terms

  15. Join Date
    Oct 2002
    Posts
    17,338
    #15
    I remember before, i was just a start-up staff at a local bank. I tried to apply for a loan under those low d/p schemes for a 1st-Gen Everest m/t just to see the process. Na-approve pa ako. :rofl:

    If i took that deal i would have been repoed by the first month.

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    I remember before, i was just a start-up staff at a local bank. I tried to apply for a loan under those low d/p schemes for a 1st-Gen Everest m/t just to see the process. Na-approve pa ako. :rofl:

    If i took that deal i would have been repoed by the first month.

  16. Join Date
    Jul 2010
    Posts
    844
    #16
    Quote Originally Posted by vinj View Post
    I remember before, i was just a start-up staff at a local bank. I tried to apply for a loan under those low d/p schemes for a 1st-Gen Everest m/t just to see the process. Na-approve pa ako. :rofl:

    If i took that deal i would have been repoed by the first month.

    - - - - - - - - - - - - - - - - - - - - - -

    I remember before, i was just a start-up staff at a local bank. I tried to apply for a loan under those low d/p schemes for a 1st-Gen Everest m/t just to see the process. Na-approve pa ako. :rofl:

    If i took that deal i would have been repoed by the first month.
    Almost got hooked a few years back, 99k All in DP at 33k a month for 60 months. Buti na lang tinamad ako bumalik para magpasa ng requirements.

    When I started lurking at tsikot, got some reality check na masyadong mabigat at 33k a month for the next 5 years. Decided to save for a couple more of years before I made my purchase. It was worth the wait. It was still a risk, but a more calculated one.

  17. Join Date
    Jul 2015
    Posts
    9,583
    #17
    Quote Originally Posted by boytsiks View Post
    Almost got hooked a few years back, 99k All in DP at 33k a month for 60 months. Buti na lang tinamad ako bumalik para magpasa ng requirements.

    When I started lurking at tsikot, got some reality check na masyadong mabigat at 33k a month for the next 5 years. Decided to save for a couple more of years before I made my purchase. It was worth the wait. It was still a risk, but a more calculated one.

    I recently applied for a new loan( well a few months ago to be precise) just finished paying my last loan which is due this august, pero i paid up earlier, like june, whilst doing some window shopping for a new car i was already approved in 3 banks, i was waiting for a promo which metrobank usually gives mid year, its their " no chattel, free one year insurance " promo, which saves me around 80k in fees, then a friend from security bank told me they also have the same promo, sent my requirements via email, within 2hrs i was being C.I-ed, the following day i was approved, on top of that, subaru had a mid year discount of 80k on forester 2.0xt(they have a minor change on their units, like shark fin antenne, avt HU, well who needs an antenne, im ok with a HK HU), asked for a qoute, then showed it to another dealer, then another one, until someone gave a discount of 120k...so all in all, i saved 200k , btw downpayment is 50%... Paying roughly only 18k a month, moral of the story is its all bout timing( dont buy a car on january, do so pag enrollment period) and do haggle, dont decide when emotions are high, lalo na after a test drive, do the math and make a large downpayment if possible.

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    Quote Originally Posted by boytsiks View Post
    Almost got hooked a few years back, 99k All in DP at 33k a month for 60 months. Buti na lang tinamad ako bumalik para magpasa ng requirements.

    When I started lurking at tsikot, got some reality check na masyadong mabigat at 33k a month for the next 5 years. Decided to save for a couple more of years before I made my purchase. It was worth the wait. It was still a risk, but a more calculated one.

    I recently applied for a new loan( well a few months ago to be precise) just finished paying my last loan which is due this august, pero i paid up earlier, like june, whilst doing some window shopping for a new car i was already approved in 3 banks, i was waiting for a promo which metrobank usually gives mid year, its their " no chattel, free one year insurance " promo, which saves me around 80k in fees, then a friend from security bank told me they also have the same promo, sent my requirements via email, within 2hrs i was being C.I-ed, the following day i was approved, on top of that, subaru had a mid year discount of 80k on forester 2.0xt(they have a minor change on their units, like shark fin antenne, avt HU, well who needs an antenne, im ok with a HK HU), asked for a qoute, then showed it to another dealer, then another one, until someone gave a discount of 120k...so all in all, i saved 200k , btw downpayment is 50%... Paying roughly only 18k a month, moral of the story is its all bout timing( dont buy a car on january, do so pag enrollment period) and do haggle, dont decide when emotions are high, lalo na after a test drive, do the math and make a large downpayment if possible.

  18. Join Date
    Nov 2009
    Posts
    12,364
    #18
    Yes hindi dahil hindi ka satisfied ipapa repo mo na, credit standing mo mag suffer dyan. Ang dali kaya ma-approve sa car loan, dyan madami napapaso. Owning a car comes with additional expense, even your lifestyle in a way will change dahil andali na lumabas.

    Siguro hirap din ibenta ng everest kaya madami na rerepo.


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  19. Join Date
    May 2006
    Posts
    8,357
    #19
    mahirap nga daw ibenta ang Everest sabi ng mga ahente fortuner at montero pa rin ang pinakamabenta kung SUV sa AUV naman Revo pa rin daw pinamakamabilis idispose.

  20. Join Date
    Sep 2013
    Posts
    268
    #20
    siyempre ano ba kayo, masarap kaya yung feeling ng may everest. Sikat ka lalu na sa mga ka-officemate at friends mo. That's one way to fame.

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Ang daming ford everest na repossessed