Pasalo Cars - Why?

[jut703]

What's the deal with so many cars being posted as "pasalo" in FB groups these days?

Why would I want to buy an overpriced loaned car?

Sample:
Vios 1.3E
6 months paid
17,687/month - 955k for 4.5 yrs
Asking price: 135k

So you're basically telling me to pay almost 1.1M for a Vios that only costs 840k brand new.

Why would anyone want to save a complete stranger's credit standing?

Are the people who buy these the same people that aren't approved by banks for car loans? There's probably a reason why they were disapproved in the first place (hint: it's almost always because of capacity to pay).

Sent from my SM-G950F using Tapatalk

[BlancNoir]

No point in doing salo sa mga ma dedefault na cars.

Seller side, they can earn money na rin pqg may sumalo.

Buyer side, wala talaga ako nakikitang benefit except for the fact na may sasakyan ka na without the hassle of filling out the forms and waiting for CI assuming na hjndi mo ililipat yung OR/CR sa name mo.

Sent from my SM-G930F using Tapatalk

[minicarph]

parang ang hirap naman sagutin nyan juts. pano kung bad credit standing nga pero bigla sinuwerte sa tarbaho, lumaki sweldo. syempre hinde na bibile ng used yun, bago na din. so pano nga ba

at saka baka mas asking price, parang joining fee sa gym, pero i-waive din ang joining fee para lumalabas na ka discount pa pero actually hinde naman kasi nga sinalo na nga may asking price

[istan]

Sa buyer side, kung gusto.ng sasakyan pero di ma approve ng banko.

Anyways, ang tanong ko. Pag natapos ang pasalo, pano mo lilipat sa pangalan ng buyer? Tali ka sa seller ng 5 years.

Sent from my ONEPLUS A5000 using Tapatalk

[Wh1stl3r]

Can't really fault the sellers for trying to pass off their bad loans to save their own skin. The buyers could have bad credit histories or just plain gullible.

And judging from all these dealers offering a drive home DP of only 5 figures for a 7 figure car, there's probably no shortage of financially illiterate people who would take the bait.

Might also explain why there are so many loan sharks around.

[jaggerx3]

Yung iba dyan mga grab na di na kayang hulugan monthly

Sent from my SM-J730G using Tapatalk

[shadow]

Tapos mga seller gusto pa Kumita. Gusto meron pa cash out for them. Gago ba sila.


Sent from my iPhone using Tapatalk

[_Cathy_]

Tapos mga seller gusto pa Kumita. Gusto meron pa cash out for them. Gago ba sila.


Sent from my iPhone using Tapatalk

Kalokohan nga e hahaha

Sent from my GT-N7100 using Tapatalk

[dct]

What's the deal with so many cars being posted as "pasalo" in FB groups these days?

Why would I want to buy an overpriced loaned car?

Sample:
Vios 1.3E
6 months paid
17,687/month - 955k for 5.5 yrs
Asking price: 135k

So you're basically telling me to pay almost 1.1M for a Vios that only costs 840k brand new.

Why would anyone want to save a complete stranger's credit standing?

Are the people who buy these the same people that aren't approved by banks for car loans? There's probably a reason why they were disapproved in the first place (hint: it's almost always because of capacity to pay).

Sent from my SM-G950F using Tapatalk

Bro 955k for 4.5 yrs

May nakausap ako dati, bagong bili ng l300 fb. Sabi ko magkano na ba ngayon ang l300? Sabi nya halos 18,000 per month. Sabi ko, hindi i mean magkano na ang total price. Sabi nya di ko alam e. Basta yun ang monthly ko. Nagulat ako may ganitong buyer pala na basta down at monthly lang tinitingnan

Sent from my SM-A9000 using Tapatalk

[dr. d]

why buy a used car at brand new rates?

unless the total price were heavily discounted...

and unless the bank is in on it, "the car remains the property of the owner-seller and not the buyer".