Maybank Repossessed Cars for sale in January 2020 via Sealed Bidding

Last Updated on June 29, 2020 by Jay Castillo | Filed under: - 0 Comments


January 22, 2020 – A total of 381 Maybank repossessed cars are currently for sale as listed in their Luzon, Visayas, and Mindanao warehouses this January 2020. These include newly foreclosed units for sealed bidding. Details below.

Sorry for the short-notice everyone. Anyway, I know a lot of people are searching for repossessed cars, so here’s the latest update from Maybank.


View Maybank repossessed cars list

I already uploaded all 8 listings of repossessed cars from Maybank into our database for easy searching/filtering (no need to download all 8 listings in PDF format and search each one manually… you can conveniently search all listings by keyword through the database!)

Go ahead, access the database and start searching for your preferred car brand/model through the button/link below:

Click to view/search Maybank repossessed cars database

Tip: When you are browsing the repossessed cars database, you can filter by adding a keyword for your preferred car model, make, etc. Example, if you are looking for a Vios, then add the keyword “vios” in the keyword search box. (There are actually 12 Toyota Vios cars in this update).

To inspect the cars, you may visit the respective warehouse where the cars are located.

Download Maybank’s repossessed car listings

As usual, you may also download the various lists of repossessed cars below, in PDF format.

Repossessed cars from LUZON Yards (with newly foreclosed units for bidding)

Source: Karen Lee L. Castro – Sales and Marketing Associate, Philmay Property Incorporated

Repossessed cars from VISMIN Yards (with newly foreclosed units for bidding)

Source: Windel L. Abrenica – Sales and Marketing Officer


Repossessed car sale guidelines, deadlines, and contact info

For repossessed cars from Luzon:

GUIDELINES ON SALE OF ROPA-VEHICLES IN LUZON YARDS AS OF JANUARY 16, 2020

A. BID PROCESS / GUIDELINES:

  1. All newly foreclosed units offered for sale are subject to bidding.
  2. Bids are considered non-transferable.
  3. Acceptance of bids as follows:
    • San Pedro, Laguna – January 18 – 28, 2020
    • Urdaneta Pangasinan – January 18 – 24, 2020
    • Mexico & Lubao, Pampanga – January 18 – 24, 2020
  1. Only sealed bids shall be accepted.
  2. Bids shall be submitted at the yard/BGC Office. Bids received via e-mail /FAX will be disqualified.
  3. Deadline of acceptance of sealed bids as follows:
    • San Pedro, Laguna – January 28, 2020 @5pm
    • Urdaneta Pangasinan – January 24, 2020 @5pm
    • Mexico & Lubao, Pampanga – January 24, 2020 @5pm
  1. Opening of bids shall be on January 30, 2020.
  2. Winning bidders shall be notified on January 31, 2020.
  3. Winning bidder of multiple units must buy all the units won. Otherwise, all bids of the said bidder will be disqualified
  4. In the event of disqualification, the units shall be awarded to the next highest bidder.
  5. Only cash payment shall be accepted for the winning bid.
  6. Full payment must be tendered within 24 hours from date of notification of winning bids.
  7. A unit shall be awarded to next highest bidder if the winning bidder fails to tender payment within the stipulated period without need of an advice.
  8. All sales transactions are subject to final approval of the Bank/Management.
  9. Misprints should not be construed as misrepresentation of the units.
  10. The Bank reserves the right to withdraw any units for whatever reason.

B. NOTES:

  1. Transfer costs, registration fees and other fees relating to transfer of ownership shall be the sole responsibility of the buyer.
  2. Won units can only be retrieved from the yard upon receipt of the duly accomplished Gate Pass.
  3. Unit/s must be claimed from the yard within the following allowed retrieval period:

 

Number of unitsAllowable Period
1-2 units24 hours
3 units and more3 days

 

  1. A storage fee of P1,000.00 per day may be charged to the buyer if a unit is not retrieved in accordance to the aforementioned schedule.
  2. Leftover units shall be sold on a “first come first served” basis after the bidding period.

For inquiries please call:

KAREN LEE L. CASTRO – Sales & Marketing Associate

    • Mobile No.: 0998-588-3891
    • Tel. No.: (02)588-3933

MARIEL S. AROPO – Sales Assistant

    • Mobile No.: 0998-588-3894
    • Tel. No.: (02)588-1727

For repossessed cars from Visayas and Mindanao

GUIDELINES ON SALE OF PRE-OWNED QUALITY MOTOR VEHICLES AVAILABLE IN VISMIN YARDS AS OF JANUARY 17, 2020 

A. BID PROCESS / GUIDELINES:

1. All motor vehicles referred to as the foreclosed units shall be sold on “as-is- where-is” basis.

2. All “NEWLY foreclosed” units offered for sale are subject to sealed bidding.

3. Bids are considered non-transferable.

4. Viewing period shall be from January 18 to January 24, 2020;

5. Schedule of acceptance of bids shall be as follows:

YardDateVenue
Cagayan De OroJanuary 18 to 24, 2020Maybank Velez Branch / Maybank Yard, Patag Road, Cagayan De Oro City
Davao YardMaybank Monteverde Branch, Davao City
ZamboangaMaybank Zamboanga Branch
Consolacion and Liloan, CebuMaybank Ayala Branch, Cebu City
Jaro and Alta Tiera YardsMaybank Jaro Branch, IloiloCity

 

  1. Only sealed bids shall be accepted.
  2. Bids received via e-mail /FAX will be be disqualified.
  3. Deadline of acceptance of sealed bids shall be as follows:
YardDateVenue
Cagayan De OroJanuary 24, 2020 /5:00 PMMaybank Velez Branch / Maybank Yard, Patag Road Cagayan De Oro City
Davao YardMaybank MonteverdeBranch, Davao City
ZamboangaMaybank Zamboanga Branch
Consolacion and LiloanCebuMaybank Ayala Branch, Cebu City
Jaro and Alta Tiera YardsMaybank Jaro Branch, Iloilo City

 

  1. Schedule of opening of bids shall be as follows:
YardDateVenue
Cagayan De OroJanuary 30, 2020Maybank Corporate Center (PPI Office)
Jaro and Alta Tiera
Davao
Zamboanga
Consolacion and Liloan, Cebu

 

  1. Winning bidders shall be notified on January 31, 2020.
  2. Winning bidder of multiple units must buy all the units won. Otherwise, all bids of the said bidder will be disqualified.
  3. In the event of disqualification, the units shall be awarded to the next highest bidder.
  4. Only cash payment shall be accepted.
  5. Full payment must be tendered within 24 hours from date of notification of winning bids.
  6. A unit shall be awarded to next highest bidder if the winning bidder fails to tender payment within the stipulated period without need of an advice.
  7. All sales transactions are subject to final approval of the Bank Management.
  8. Misprints should not be construed as misrepresentation of the units.
  9. The Bank reserves the right to withdraw any units for whatever reason.

B. REMINDERS / NOTES

  1. Transfer costs, registration fees and other fees relative to the transfer of ownership shall be the sole responsibility of the buyer.
  2. Transfer costs, registration fees and other fees relative to the transfer of ownership shall be the sole responsibility of the buyer.
  3. Won units can only be retrieved from the yard upon presentation of the duly accomplished Gate
  4. Unit/s must be claimed from the yard within the following retrieval period:

 

Number of unitsAllowable Period
1-2 units24 hours
3 units and more3 days

 

  1. A storage fee of P1,000.00 per day may be charged from the buyer if a unit is not retrieved in accordance to the aforementioned schedule.
  2. Leftover units shall be sold on a “first come first served” basis after the bidding period.

For inquiries please call:

WINDEL L. ABRENICA – Sales & Marketing Officer

    • Mobile No.: 09985883892
    • Tel. No.:     (02)588-3952

MARIEL S. AROPO – Sales Assistant

    • Mobile No.:   09985883894
    • Tel. No.:       (02)588-3952

Full disclosure: Nothing to disclose, please contact Maybank directly



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