Selling a car loaned from the bank

[alvinladen]

I havent attempted to get the car from her yet pero pina blotter ko na sa baranggay nila. last time na binanggit ko sa kanya naging ma drama at naiyak pa. badly needed nila ang sasakyan kasi before gumagastos sila 30-40k monthly sa rent a car. sa city hall nagwo work yung live in partner at may kilala ako na pwede kong kausapin para hindi nila maitakas ang sasakyan.

[alvinladen]

how can you even dream of actually receiving rental fee from her, when you can not even get back the car in the first place?
wake up, my man!
inu-uto ka niya!

let me predict what's going to happen...
she will hand you some amount of money that is obviously less than the actual amount necessary.
you will be satisfied with this money, and "will give her more time".
the subsequent monies she will hand to you, will be erratic and below the amount agreed upon.
and this will go on and on...
all this time, you will be faithful in remiting your monthlies to the bank...
after 5 years, fully paid na ang car, you still haven't logged an hour behind its wheel.

thanks for this.

our agreement is only 1 year monthly payments and then i cash out na nila. hindi ako papayag na lumagpas, if not babawiin ko yung car. that way i can get a free dp and a few monthly payments and Im comfortable with that. maybe im missing something pls enlighten me some more.

thanks for your concern.

[dr. d]

I havent attempted to get the car from her yet pero pina blotter ko na sa baranggay nila. last time na binanggit ko sa kanya naging ma drama at naiyak pa. badly needed nila ang sasakyan kasi before gumagastos sila 30-40k monthly sa rent a car. sa city hall nagwo work yung live in partner at may kilala ako na pwede kong kausapin para hindi nila maitakas ang sasakyan.

tahimik na ako.
bahala ka na, TS.
pinag-tatakpan mo pa yung uma-abuso sa iyo.

[dcvingkamotekid]

come on "my friend", di paba sapat ang mga advice ng mga tsikot members dito na bawiin mo na ng sapilitan yung oto? wala kang mapapala dyan sa "kumare" mong hilaw. 30-40k pala monthly binabayad sa monthly car rent pero yung monthly ng oto na ni-loan di kaya bayaran?

[EQAddict]

Bro what if she doesnt pay the Dp, and misses monthly payments?

Ginamit niya yung car FOR FREE while your credit rating is shot to hell. You will be FORCED to keep paying the monthly in order to preserve your credit rating. In the meantime she will find ways (emotional, physical, etc) to keep the car in her hands.

Get the car now.

This is only going down in flames.

Let me summarize:

1) bank didnt approve her loan cause her credit sucks balls
2) she used you instead to get the car and used you to take out a loan for her

3) you shelled out 450k for the downpayment
4) you wrote the checks to the bank for the monthly payments. All of these are post dated.
5) the car is in your name
6) now that she has her Fortuner she doesnt wanna pay till December
7) she has so much power over you that you are dyahe to get the car back from her? Or maybe you are afraid of her and her partner?
8) you are turning to strangers in a car forum for advice?
9) you seem like a capable person. If you can pass a bank credit check, cough up 450k in cold hard cash for a DP, etc....that means you know how to earn a living. Which would make me assume you have some common sense. So why the hell would you get into a situation like this? Your reasons about being a ninong to her kid ia extremely flimsy.





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[arvs18]

Baka sundalo yung asawa :D Or someone na pwede sya ipatumba anytime.

Mukhang hindi naman mahirap situation eh, kasi sa kanya naman lahat nakapangalan.

[dcvingkamotekid]

i give up after reading all the advices from our tsikoteers here. like what *dr. d said, "tatahamik nadin ako" hahaha! bahala kana TS mag-decide

[alvinladen]

alright. alright. thanks for the replies. looks like the best thing to do is get the car.

Baka sundalo yung asawa :D Or someone na pwede sya ipatumba anytime.

Mukhang hindi naman mahirap situation eh, kasi sa kanya naman lahat nakapangalan.

yes he is pero retired. senior citizen na pero lagi nagta target shooting. sa totoo lang yan din ang nasa isip ko. hindi ko nakikita na mahirap situation ko. ang talo ko lang ay "nakahiram" sila ng brand new na sasakyan ng isang buwan.

[alvinladen]

Bro what if she doesnt pay the Dp, and misses monthly payments?

Ginamit niya yung car FOR FREE while your credit rating is shot to hell. You will be FORCED to keep paying the monthly in order to preserve your credit rating. In the meantime she will find ways (emotional, physical, etc) to keep the car in her hands.

Get the car now.

This is only going down in flames.

Let me summarize:

1) bank didnt approve her loan cause her credit sucks balls
2) she used you instead to get the car and used you to take out a loan for her

3) you shelled out 450k for the downpayment
4) you wrote the checks to the bank for the monthly payments. All of these are post dated.
5) the car is in your name
6) now that she has her Fortuner she doesnt wanna pay till December
7) she has so much power over you that you are dyahe to get the car back from her? Or maybe you are afraid of her and her partner?
8) you are turning to strangers in a car forum for advice?
9) you seem like a capable person. If you can pass a bank credit check, cough up 450k in cold hard cash for a DP, etc....that means you know how to earn a living. Which would make me assume you have some common sense. So why the hell would you get into a situation like this? Your reasons about being a ninong to her kid ia extremely flimsy.

4) you wrote the checks to the bank for the monthly payments. All of these are post dated.
nope, wala akong checks na binigay pero auto debit sa account ko.

7) she has so much power over you that you are dyahe to get the car back from her? Or maybe you are afraid of her and her partner?
life is cheap. i have a gut feel na after nila makuha yung car sinubukan nila ako i setup para "patahimikin" but they failed.

8) you are turning to strangers in a car forum for advice?
The reason why I wanna get advice here is because I believe that there are people here that can help me. Just like what others are doing.

9) you seem like a capable person. If you can pass a bank credit check, cough up 450k in cold hard cash for a DP, etc....that means you know how to earn a living. Which would make me assume you have some common sense. So why the hell would you get into a situation like this? Your reasons about being a ninong to her kid ia extremely flimsy.

Maybe you havent known a guy like me but I am a very very good friend/person. If maiku kuwento ko pa sa inyo mga tulong na ginawa ko kahit sa mga hindi ko ka close sigurado hindi kayo maniniwala. last week lang baka may 3-4 na tao akong binigyan ng tulong financial at hindi ako umaasa sa bayad nila. Hindi sa nagmamalaki ako ha.

[ice15]

just a tip... take what you have to take and go.

if its the car, the girl or anything else.

may panalo and may talo... as I read the messages posted here. Tsikot members just want you to get the best since tapos na, nandyan na yung car...

even if you take the car, its been used by someone else, so para kang bumili ng used car for the price of a new one.

take the girl... (if that will make you happy)

just learn from the experience? - that will cost you 2M (est cost of the car)

We've all done stupid things in our life... personally, I decided to choose to "learn from experience" I lost 5k (it may sound little, pero I was receiving less than that per month on my first pay check)...

My parents once told me, what ever na ipahiram mo (be it a car, money or service), be ready na hindi na sya bumalik syo. Swerte mo kung bumalik, and if not, that's life. Hindi ka nag dadamot kung hindi ka mag pahiram, maybe you're just not comfortable doon sa taong humihingi ng favor.

[boinkssayo]

life is cheap. i have a gut feel na after nila makuha yung car sinubukan nila ako i setup para "patahimikin" but they failed.

Ibang usapan na yan kung ganyan. Avoid them, get a good lawyer, talk to the police. Let the lawyer and the police handle it.

[arvs18]

Maybe you havent known a guy like me but I am a very very good friend/person. If maiku kuwento ko pa sa inyo mga tulong na ginawa ko kahit sa mga hindi ko ka close sigurado hindi kayo maniniwala. last week lang baka may 3-4 na tao akong binigyan ng tulong financial at hindi ako umaasa sa bayad nila. Hindi sa nagmamalaki ako ha.

OT:
Dito sa pilipinas, inaabuso ang mga sobrang mababait.
And if maniniwala kami sa buong story mo, mukhang inabuso nga ang kabaitan mo.

[alvinladen]

just a tip... take what you have to take and go.

if its the car, the girl or anything else.

may panalo and may talo... as I read the messages posted here. Tsikot members just want you to get the best since tapos na, nandyan na yung car...

even if you take the car, its been used by someone else, so para kang bumili ng used car for the price of a new one.

take the girl... (if that will make you happy)

just learn from the experience? - that will cost you 2M (est cost of the car)

We've all done stupid things in our life... personally, I decided to choose to "learn from experience" I lost 5k (it may sound little, pero I was receiving less than that per month on my first pay check)...

My parents once told me, what ever na ipahiram mo (be it a car, money or service), be ready na hindi na sya bumalik syo. Swerte mo kung bumalik, and if not, that's life. Hindi ka nag dadamot kung hindi ka mag pahiram, maybe you're just not comfortable doon sa taong humihingi ng favor.

thanks.

hehe... like i said before, im not interested dun sa girl. napahiram ko na din naman sya dati at nakakabayad naman kahit matagal. medyo may reputation sila sa neighborhood nila kaya nung nalaman ng isang friend nya napahiya at ngayon medyo nage emote sa mga post nya sa fb.

hindi din naman 2M ang talo ko, a few thousands lang. ok lang yun for me pero yung trust na nawala dun sa girl and her family sa circle of friends and neighborhood wala na and for me mas malaki ang talo nila.

[dcvingkamotekid]

"life is cheap. i have a gut feel na after nila makuha yung car sinubukan nila ako i setup para "patahimikin" but they failed."

seryoso ba 'to? sabagay, pagdating sa pera minsan wala ng kama-kamag-anak, kapatid, kaibigan. tsk! tao nga naman

[papi smith]

corny naman nyan, they don't get anything from doing that

[arvs18]

I don't get it, ba't naisip nila kumuha ng Fortuner.

Eh hindi naman pala kaya bayaran yung DP and monthly.

It seems as if parang pinipilit nalang nila yung status nila eh. Para lang sabihin ng neighborhood na "mayaman sila" tsk tsk.

[dreamur]

Sounds like a xian gaza story where he bought the fortuner to impress the girl. Baliktad lang nangyari kay TS.


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[cirdeolavar]

wow! How old are you na pare?

I thought what i did about a decade ago was the most stupid one can make. I got two cellphone plans both from smart and globe with free smartphones para sa syota ko na usapan namin cya mag babayad sa monthly since wala cyang requirements to get a plan kasi student pa cya. after a few months, di na nya mabayaran yung subscriptions in full... and aside from than we broke up. it ended that i have to pay 40k to terminate both subscriptions and balances para di masira yung standing ko from both companies.

but you paying for the DP for a car and use your credit line for a friend was insane. might be ok for a sibling or sa anak who is just starting as a professional. but still mas mabuti talaga yung pinaghirapan nung bibili. at fortuner pa talaga pinili na di naman kaya... picanto nalang sana or alto.

kidding aside, hope you solve this problem pre. i'm sure bridges would be burned but mahirap talaga once money is involved and we are talking more than a million here, might not a big amount to some but malaki na yan to most of us for sure... mabye a few months to a year's budget na yan.

For sure the bank would not listen to any reason you give, kung ano naka lagay sa loan contract yun na yun and you signed it so it is sealed and ikaw yung may liability sa bank at hindi si "friend". so the best way cguro: 1. get the fortuner from your "friend" get help from barangay, sherrif, politician, police, or kung sinong connection na pwedeng tumulong. 2. get funds to pay off the loan balance, as one suggested that you can sell some of your cars as you don't want to be reminded of the monthly deduction for several years that gets into your passbook na nagpakatanga ka. 3. you can use the fortuner yourself and be reminded every time you drive it of the "stupidity" you have made or sell it and get something you really wanted to drive. hehehe.

gawin na din kitang kumpare since you are really such a nice guy... hehehe. i'll invite you to all the family gatherings and everyone's birthday.

[shadow]

Kunin mo Fortuner Then palitan mo na lang ng mobilio para hinde naman nakakahiya sa kanila.


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[vinj]

Grabe. Ikaw na naglabas ng DP sa pangalan mo pa yun loan.

Parang sa a slapstick Comedy lang nangyayari yan

Baka hinde ka lang ninong ng bunsong anak ikaw talaga tatay. [emoji23]

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amp... nalunok ko kape ko dito.