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Best Posts in Thread: documents and requirements in purchasing 2nd car

  1. gerry_bc

    gerry_bc DI Forum Adept

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    Do not forget in addition to the or/cr you need a zerox now of the seller's driver's licence or government id. Do not buy a car with 2 or 3 old sales agreements attached as each would have to be processed before you get the car into your name. And make sure that nowhere on the or or cr is there a stamp that says encumbered....!!!!
     
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    gerry_bc, Dec 6, 2014
    #4
  2. robert k

    robert k DI Forum Patron Highly Rated Poster Veteran Army

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    My first attempt to buy a vehicle ran into a snag. Second vehicle was a commercial vehicle and there were some hiccups there too. If you are buying a yellow plate vehicle with a franchise, make sure the previous owner goes to the LTFRB surrenders the plates and pays taxes first. Then the transaction is the same as a privately owned vehicle.
     
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    robert k, Dec 16, 2014
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