If you are one of those who have asked us to feature more repossessed cars, this post is for you. The next RCBC Savings Bank Dream Buys Car Auction will be held on February 20, 2014 (Thursday), 1:00pm, at the 31st floor, RCBC Savings Bank Corporate Center, 25th and 26th Streets, Bonifacio Global City, Taguig.
Inspection dates will be on February 17-19, 2014, during office hours. Please refer to the warehouse addresses on the list of repossessed cars below.
“Pay the spot price, No Need to Bid”
Buyers have the option to just pay the spot price, no need to attend the auction proper. The spot price, which is a bit higher than the minimum bid price, can be seen on the list of repossessed cars below. Reservation fee for spot price is Php25,000 per unit and registration starts at 6:00am.
Auction Registration Fee
For the auction, there is a registration fee of Php5,000 per unit. This is refundable in case of non-winning bids.
For more details and contact info, please refer to the list of repossessed cars for sale below.
List of repossessed cars for sale (February 20, 2014 auction)
The fine print – Please read
Misprints should not be construed as misrepresentation of the property. All transactions are subject to bank approval. Prior to auction, the bank reserves the right to withdraw any units for whatever reason.”
Full disclosure: Nothing to disclose
P.S. – Due to popular demand, we will be be creating a database of repossessed cars for sale, similar to our foreclosed properties database. We also plan to have a separate mailing list for repossessed car buyers.
P.P.S. – Not looking for repossessed cars? Don’t worry, the next posts shall be for foreclosed properties.