Here’s another listing of bank repossessed cars for sale from RCBC Savings Bank’s “Great deals on used wheels” pre-owned car sale. This sale runs from May 10 to 14, 2010 in their Pasig and Pampanga warehouses. Financing is available and the second hand cars can be purchased for as little as 20% downpayment plus low interest rates.

One thing I like about this listing of second hand vehicles repossessed by RCBC Savings Bank is they already included the minimum downpayment and monthly amortization for most of the repossessed vehicles on the list. This takes away the guesswork and you can gauge immediately if you can afford them. Just download the complete list of repossessed cars below for more details.

Click here to download a PDF copy of the complete listing of repossessed cars. (Requires PDF reader software which can be downloaded here or here) or click on the image below to download in JPEG format.

Source: Manila Bulletin, May 9, 2010 edition, page G-11

For more details about any of the repossessed cars for sale, please contact RCBC Savings bank directly using the contact details found on the listing above. I am just posting this as a free service to readers and subscribers of foreclosurephilippines.com.

Happy hunting!

To our success and financial freedom!

Jay Castillo

Real Estate Investor
Real Estate Broker License #: 20056
Blog: http://www.foreclosurephilippines.com
Mobile phone (Call/SMS): +639178843882
Follow me in twitter:http://twitter.com/jay_castillo
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Text by Jay Castillo. Copyright © 2010 All rights reserved.

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RCBC Savings Bank repossessed cars for sale on May 10 to 14, 2010 is a post from: Foreclosure Investing Philippines

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RCBC Savings Bank shall be having another Dream Buys Car Auction of repossessed cars on November 4, 2009, 1:00PM, at the 18th Floor, Unit 1806-A Tektite Bldg. West Tower, Ortigas. The auction of the various bank repossessed cars shall be done through sealed bidding.

Inspection of the foreclosed cars can be done at the Pasig Warehouse located at 8516 A. Sandoval Ave., Pinagbuhatan, Pasig City and at the Metallim warehouse located at B-95 T. Arguelles cor. G. Araneta Ave. Brgy. Dona Imelda, Quezon City. Inspection dates are on November 2 and 3, 2009, during office hours.

Interested bidders are required to bring a registration fee of Php5,000.00 per unit. The registration fee is refundable.

For inquiries please call Cris and Bobby though telephone numbers 687-0839 / 687-1365 / 638-5032 / 687-5430 loc. 4382 during office hours or call Rene Lopez at 0918-9903626.

Here’s a tip, if you’re concerned if any of the foreclosed cars have been flooded and were just cleaned up, all you have to do is get in the car and close all the doors and windows and smell the interior. If the car has indeed been flooded, you will smell it. How do I know this? My sister’s car that got flooded during Ondoy’s visit was already fixed and had already undergone detailing but the distinct smell of flood waters was still apparent. According to the service advisor from the casa, it is normal for the smell to persist for sometime even though detailing was already done for flooded cars. I guess only time will tell when the “flood water” smell would finally disappear.

Back to the list of repossessed cars, I can’t help but feel that some of the foreclosed cars on the list appear to be quite expensive, especially the 2008 Isuzu Alterra 4×4 which has a higher starting bid than the 2005 Volvo XC90.

Good luck anyway. Just click on the image below to zoom in  and download the list of foreclosed cars for sale.

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To our financial freedom!

Jay Castillo
Real Estate Investor
Real Estate Broker License #: 20056
Blog: http://www.foreclosurephilippines.com
Social Network: http://foreclosurephilippines.ning.com
Mobile: +639178843882
E-mail: ph.investor [at] gmail [dot] com

Text by Jay Castillo. Copyright © 2009 All rights reserved.

P.S. – If you are a new visitor, please start here to learn more about foreclosure investing in the Philippines.

P.P.S – If you feel that anyone else you know might benefit from this post, please do share this to them and don’t forget to subscribe to e-mail alerts and get notified of new listings of bank foreclosed properties, public auction schedules, and real estate investing tips. If your inbox is getting full, you may subscribe through my RSS Feed instead.

RCBC Savings Bank to auction repossessed cars through sealed bidding on November 4, 2009 is a post from: Foreclosure Investing Philippines

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