I’ll keep this short and sweet. I have just found this new listing of repossessed cars from RCBC Savings Bank and I just had to post it immediately because the deadline for submission of bids is on September 9, 2009, 1:00 PM, at the 18th floor, unit 1806-A Tektite Bldg., West Tower, Ortigas Center, Pasig City, Philippines. This auction of repossessed cars is through sealed bidding.
Inspections can be done at their Pasig warehouse which is located at #8516 A. Sandoval Avenue, Pinagbuhatan, Pasig City, Philippines, on September 7 to 8, 2009, during office hours.
Registration fee is Php5,000.00 per unit and is refundable.
For inquiries, please call Cris and Che through the following Telephone No”s during office hours:
- 687-5430 loc. 4382
Or call Rene Lopez: 0918-9903626
The fine print
Misprints should not be construed as a misrepresentation of the property. All transactions are subject to bank approval. The bank reserves the right to withdraw any property for whatever reason.
What repossessed cars did I find interesting on the list? Well, I have a bias for Hyundai cars as I currently own a Hyundai Getz. On the list I can see that there is a 2008 Hyundai i10 with a minimum bid price of Php425K. FYI, just like my car, the i10 has a 5 year warranty, and if it is still valid, then I suppose that would make it worth looking into right?
For Honda fans out there, a 2008 Honda Civic 1.8V is also available with a minimum bid price of Php637K.
Don’t forget to bring along your trusted mechanics when inspecting these bank repossessed cars.
To our financial freedom!
Real Estate Investor
Real Estate Broker License #: 20056
Social Network: http://foreclosurephilippines.ning.com
Text by Jay Castillo. Copyright © 2009 All rights reserved.
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