Have you guys had any experience with Manila car list.Com. The Online Car Marketplace of the Philippines
Many times I have looked at the prices online and often notice that the price is 'amortized' I think it is called? Means often; you pay the seller their asking price, then you pay out the balance to the finance company or take over the financial responsibility for the remainder of the loan. MANY TIMES I have looked at an almost new vehicle advertised online here only to read in the comments below that the asking price has strings attached. I know many friends back in Oz who have done this in the past and got stung once the seller lands on their feet, so takes back the vehicle once they can afford to start paying the payments again. If you do it PROPERLY then you NEED to refinance the vehicle to put it into your name. Also I am wary to buy here, so many stories of illegal imports coming in as chops (suitable for parts only) that are put back together then sold, many times officials like Police Officers register the vehicle, but when it is sold and discovered that it does not match up with the LTO it is confiscated from you and you lose! Add to that the high incidence of flooding like many in Manila who then clean them up and offload them at too good to be true prices or send to other areas where flooding is less likely. "Caveat Emptor" Caveat emptor - Wikipedia
The only way to protect yourself from the scammers, stolen car freaks, LTO bullshit, or/cr etc,etc is to buck up and buy a brand new car. This is a scandalous country and you will get hammered if you think you will out smart the scamming folks here. Many have tried and all have failed lol.. Wait a bit longer, save more cash, and sleep well with the new car in your garage buddy...
Hi thanks for your replys i opted for new in know the proud owner of my first scooter a Honda click 150i.yes it's not a car but when in Rome.
I was curious so went back for a look-see, initially I was surprised in the prices of Hummers! 2003 model - 300,000php 2004 model 1,000,000php This is I am sure what I mentioned earlier, if you ask I am sure you would find the 300,000 is "Deposit Only"... Hummer Cars for sale in Philippines | ManilaCarlist.com Mobile But looking through the lists, many are fair prices, some cheap, some over the top imo, but a 'good list' of many cars available compared to sifting through the likes of Sulit, OLX etc with all of the what appears to be Jap/Korean only ex-Taxis on offer... (Meaning too much in the way of non-interesting vehicles) Overall; I am liking the link you shared, will be Bookmarking it for future reference!
