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  1. Join Date
    Jun 2009
    Posts
    306
    #1
    at least according to this blog:

    for november 2015
    Link
    top 5: Rio, Vios, Accent, Fiesta, Montero


    and also for year 2014
    Link
    top 5: Rio, Fiesta, Accent, Adventure, Escape

  2. Join Date
    May 2014
    Posts
    343
    #2
    hardly surprising. kia is very aggressive in marketing this car and the picanto. promo after promo, low dow after low down. many people will think they can afford it until they start owning it.

    im also not surprised that theres so many monteros. people biting more than they can chew.

    another thing that tells me about this is psbank is very loose in their approvals. the volume of repossessed vehicles by them is staggering.

  3. Join Date
    Sep 2014
    Posts
    8,481
    #3
    Maybe. They should investigate these banks for very lenient approval procedures. Delikado kasi yan ginagawa nila

  4. Join Date
    Oct 2002
    Posts
    2,712
    #4
    walang data sa Metrobank?

  5. Join Date
    Dec 2015
    Posts
    200
    #5
    dirty money-sucking deals...

  6. Join Date
    Mar 2008
    Posts
    43,158
    #6
    is it the car..? is it the company..? is it the "quality" of the buyer...?

  7. Join Date
    Oct 2002
    Posts
    15,525
    #7
    Quote Originally Posted by dr. d View Post
    is it the car..? is it the company..? is it the "quality" of the buyer...?
    several factors:

    a. the brand/car.....the marketing and sales efforts like lowest DP can be very tempting even to those people who may not be earning that much.
    b. the banks... they easily approve of a loan, just because they make money out of it, but they know that pag di nakabayad, hatak naman agad. no due diligence ika nga, dahil ang bottomline, the banks will not lose.... they make money if the client can pay, and can still make money pag nahatak na...

    both reasons go hand in hand..

    this is the reason why traffic is really that bad....

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Interesting:  Kia Rio tops the Commonly Repossessed Vehicles