Sealed bidding of Buena Mano repossessed cars slated on June 6, 2011

Here’s the latest list of bank repossessed cars for sale from the Buena Mano Car Bidding Bonanza. These second hand and repossessed/foreclosed vehicles may be inspected from May 29 to June 6, 2011 from 8:30am to 5:30pm, excluding Sundays and Holidays. The deadline for the submission of bids will be on June 6, 2011 (refer to the guidelines below). The complete list also includes flooded cars.

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The following are the flood damaged cars

* An additional P7,000.00++ will be collected for transfer & registration purposes.

Inquiries

Please transact directly at the Buena Mano Makati Office, G/F The Enterprise Center Tower 2, Paseo de Roxas cor Dela Rosa St, Makati City.

Vicinity maps to stockyards

Here are the addresses and vicinity maps for the Campville and West Avenue stockyards

Guidelines:

1. Sealed bidding (OFFICIAL BID FORM FORMAT ONLY). Highest bidder wins and only winning bidders will be notified. The Bank reserves the right to reject any and all offers and to accept the most advantageous bid at the Bank’s sole discretion. E-mail Address and/or Cell Phone number are necessary data which should be contained on the submitted Bid Form. The telephone numbers provided should be where bidder/s can be readily contacted.
2. Drop sealed bids in our designated bid box located at: BPI Property Sales and Leases Office Ground Floor, The Enterprise Center Tower 2 Paseo de Roxas cor. Dela Rosa Streets, Makati City.
3. Bid Forms (available at the above mentioned stockyards, PSLD office, and below) should be filled out legibly and completely. Illegible and incomplete forms will be disqualified.
4. The vehicles may be inspected at the above given addresses from May 29 to June 6, 2011 from 8:30 am to 5:30 pm only except Sundays and Holidays. Units are sold on “AS IS-WHERE IS” basis. Transfer of ownership of sold vehicle/s and update of LTO registration, inclusive of expenses, are for the account of the buyer.
5. Deadline for submission of Bid/s is on June 6, 2011, cut – off time is 5:30 PM. Opening of bids will be on June 7, 2011 at 9:30 AM.
6. Payment must be made within 48 hours from notification, failure of which will result in cancellation of the bid and forfeiture of the Buyer’s option to purchase subject to Management’s discretion.

Downloads

An excel copy of the cars for sale through sealed bidding can be found here: 2011 May-June CAR Bidding Bonanza

You may download a copy of the bid form here: Buena Mano Auto-Chattels Bid Form 2011

Not looking for repossessed cars?

Buena Mano also has real properties and bank acquired assets for sale. Check them out here: Buena Mano properties for sale

Happy hunting

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To our success and financial freedom!

Jay Castillo

Real Estate Investor
PRC Real Estate Broker Registration No. 3194
Blog: https://www.foreclosurephilippines.com
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Text by Jay Castillo and Cherry Castillo. Copyright © 2011 All rights reserved.

Full disclosure: Nothing to disclose.