Quick question regarding Deed of Sale of Motor Vehicle

[machine.pistol]

I'm not teaching you to do this. What I'll tell you is something that really happens. It is patently illegal but sometimes people do get away with it.

Some notaries public (and some who pretend to be notaries public) antedate the notarization of documents for a hefty fee. Some also notarize docs even if the person who signed the docs is not before them.

When you present these improperly notarized docs to LTO, the latter does not verify the docs such as whether the "notary public" is indeed a notary or that the doc was indeed notarized on that date.

I guess if the transaction on the doc is a sale of a motor vehicle which will depreciate over a short period of time, for example, no one would really care. But if it is a piece of land, that would be a different ballgame altogether because one would have to contend with other parties who might be interested in the land and might be minded to investigate how the sale of land or transfer of ownership was effected.

[dr. d]

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so it boils down to, "palakasan ng loob" .. the "i'll take my chances" mentality..
heh heh.

[miked]

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so it boils down to, "palakasan ng loob" .. the "i'll take my chances" mentality..
heh heh.

i'm aware also sa mga diskarte ng notaryo regarding antedating, ginagawan ng paraan para maging luma yung papel gaya ng pagpunas sa konting alikabok, gusot method, etc....

kaso yung mentality kasi na iyan e low probability, high consequence kumbaga.

di bale at least may natututunan sa mga lakaran ng papeles dito sa thread na ito

[miked]

eto mga nakita ko na choices:

Car 1: 1st orig owner, 90k km, add up ako ng P10k sa budget. repainted pero mahusay naman gawa.
Issues: no spare tire, power windows not functional, fuel gauge needle acting like wiper arms
Within my DIY skills to settle them all

Car 2: Ex-company vehicle, broken paper trail, 170k km, cheaper by P30k from my budget
Issues: suspension, steering, injection pump, defective odometer, etc.. pero mahusay naman ang body kahit na repaint na.

Car 3: Private, Open deed of sale, 3rd ownership to date, 150k km, higher by 30k from my budget
Issues: suspension, steering, engine ancillaries/leaks, some interior parts missing,

Car 4: Ex-company, Open deed of sale, 170 km, cheaper by 40k from my budget
Issues: haven't inspected the car pero i suspect too many issues kahit na sinasabi ng may-ari na sasakyan na lang

Car 5: Private, open deed of sale, 150 km, higher by P50k from my budget
Issues: i smell a rat. natamper ata ang odometer from the looks of the interior and engine condition as well as transmission.

Car 6: Private, open deed of sale, 490k km, within my budget.
Issues: within the budget pero andami na tinakbo. not worth it

Car 7: Private, 4th owner, 150k km, cheaper by P40k from my budget
Issues: nangangamoy junkshop na ang katawan.

all other cars, hindi pasok sa budget. at mahirap din makatyempo ng 1st owner with relatively low mileage and minor issues kaya ayun nakipagdeal nako.

so option is obvious, Car 1.

sorry mejo naging car buying online help na itong thread. hehe

[dr. d]

eto mga nakita ko na choices:

Car 1: 1st orig owner, 90k km, add up ako ng P10k sa budget. repainted pero mahusay naman gawa.
Issues: no spare tire, power windows not functional, fuel gauge needle acting like wiper arms
Within my DIY skills to settle them all

Car 2: Ex-company vehicle, broken paper trail, 170k km, cheaper by P30k from my budget
Issues: suspension, steering, injection pump, defective odometer, etc.. pero mahusay naman ang body kahit na repaint na.

Car 3: Private, Open deed of sale, 3rd ownership to date, 150k km, higher by 30k from my budget
Issues: suspension, steering, engine ancillaries/leaks, some interior parts missing,

Car 4: Ex-company, Open deed of sale, 170 km, cheaper by 40k from my budget
Issues: haven't inspected the car pero i suspect too many issues kahit na sinasabi ng may-ari na sasakyan na lang

Car 5: Private, open deed of sale, 150 km, higher by P50k from my budget
Issues: i smell a rat. natamper ata ang odometer from the looks of the interior and engine condition as well as transmission.

Car 6: Private, open deed of sale, 490k km, within my budget.
Issues: within the budget pero andami na tinakbo. not worth it

Car 7: Private, 4th owner, 150k km, cheaper by P40k from my budget
Issues: nangangamoy junkshop na ang katawan.

all other cars, hindi pasok sa budget. at mahirap din makatyempo ng 1st owner with relatively low mileage and minor issues kaya ayun nakipagdeal nako.

so option is obvious, Car 1.

sorry mejo naging car buying online help na itong thread. hehe

if i knew what brands and models are at stake, and their ages, i would be able to give a more "informative" contribution.
offhand, however, i would tend to cross out the ff:
tampered look; with obvious defects; missing parts; non-functioning items; junkyard-like; and questionable ownership paper trail (including open deed of sale, if i do not know these people).

but if "the price is right", i might be persuaded to overlook some items, all except the questionable ownership trail.

what about an ex-taxi? unless you have masochistic tendencies, or you are going to cannibalize it, NO!

[miked]

if i knew what brands and models are at stake, and their ages, i would be able to give a more "informative" contribution.

isuzu ls pickup lang naman....from 98 - 2001 lahat iyang mga nakita ko. ang tinitignan ko kasi is the lowest mileage that suits my budget.

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if i knew what brands and models are at stake, and their ages, i would be able to give a more "informative" contribution.

isuzu ls pickup lang naman....from 98 - 2001 lahat iyang mga nakita ko. ang tinitignan ko kasi is the lowest mileage that suits my budget.