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Sterling Bank repossessed cars for September 2011 Reloaded!

Here is the second invitation to bid for Sterling Bank repossessed cars for the month of September 2011. If you are interested, please carefully read the rules and guidelines for the bidding for the repossessed cars as posted below.

INVITATION’S RULES AND GUIDELINES:

  1. This invitation is open to the public.
  2. The vehicles are offered on an “as is, where is” basis, thus, prospective buyers are advised to personally visit, inspect and verify them and their pertaining document/s of ownership to ascertain their actual condition and status.  Pictures of the vehicles offered for sale can be requested from Monching (0917-594-4910 or 0949-619-1643 or 0922-840-2785 or 02-217-6780) or Resnel (0917-534-2697 or 0922-851-80-70).  They may also be reached through acquired.assets@sterlingbankasia.com.
  3. Visits to the vehicles’ storage areas and photocopies of the ownership documents can be coordinated with the same personnel of Acquired Assets, mentioned in No. 2.
  4. All interested parties may coordinate their intention with the personnel mentioned in No. 2.
  5. The indicated prices are only valid until September 30, 2011.
  6. Sterling Bank reserves the right to reject any or all intentions, to waive any formality therein and to accept the offer most advantageous to the Bank.  The decision of Sterling Bank would also be final and binding.
  7. For further inquiries, you may call Monching (0917-594-4910 or 0949-619-1643 or 0922-840-2785 or 02-217-6780) or Resnel (0917-534-2697 or 0922-851-80-70).  They may also be reached through acquired.assets@sterlingbankasia.com.

INVITATION TO BUY

“as is where is”

Updated as of September 23, 2011

Sterling Bank ofAsiais inviting everyone to purchase the following repossessed vehicles:

Displayed at Kotse Network, SM North Edsa beside SM Hypermarket

Make

Year Model

Color

Plate No.

Mileage

Minimum Bid Price (PHP)

1

Chevrolet Captiva A/T Diesel

2009

Silver

YHZ 722

          12,235

1,036,000.00

2

Chevrolet Trailblazer A/T Gas

2005

Black

HDK-888

          53,150

662,000.00

3

Hyundai Getz M/T Gas

2010

Black

PHO-437

          17,141

416,000.00

4

Hyundai i10 GLS 1.2L A/T Gas

2010

Black

PXQ-588

          9,990

515,000.00

5

HyundaiTucsonA/T Gas

2009

Black

NVO-908

          54,808

746,000.00

6

Isuzu Alterra A/T Diesel

2010

Black

NOG-355

          17,409

1,128,000.00

7

Isuzu Dmax LS 4×2 M/T Diesel

2010

Black

LGR 388

          18,941

910,000.00

8

Mazda 3 1.6L A/T Gas

2009

Gray

YGP-286

33,552

626,000.00

9

Mazda Tribute 2.3L A/T Gas

2008

Black

YGY-199

          29,461

812,000.00

10

Mitsubishi Lancer EX GLX M/T Gas

2010

Beige

PHO-702

            8,077

760,000.00

11

Nissan X-trail A/T Gas

2008

Black

ZME-531

          70,865

637,000.00

12

ToyotaInnova Sport Runner A/T Diesel

2010

Bronze

NQG 528

          15,310

820,000.00

Stored in Bagong Barrio, Caloocan City

Make

Year Model

Color

Plate No.

Mileage

Minimum Bid Price

13

Kia Soul A/T Gas

2010

Black

YHN-955

            7,272

975,000.00

14

Mitsubishi Lancer EX GT M/T Gas

2009

Black

NKQ-942

          13,310

895,000.00

15

Mitsubishi Lancer EX GLX M/T Gas

2010

White

PQQ-954

            6,934

777,000.00

Stored in Sterling Bank Caloocan Branch

Make

Year Model

Color

Plate No.

Mileage

Minimum Bid Price

16

Chevrolet Aveo M/T Gas

2010

Silver

FGX 232

            5,212

534,000.00

17

Ford Everest A/T Diesel

2007

Black

ZLE-751

          67,664

774,000.00

18

Ford Focus Hatchback 1.8L A/T Gas

2008

Black

ZNP 400

          77,688

526,000.00

19

Honda Civic Vti M/T Gas

2004

White

GTY-673

          95,830

338,000.00

20

Hyundai Getz M/T Gas

2010

Silver

PHO-983

            2,353

420,000.00

21

Hyundai i10 GLS 1.2L A/T Gas

2010

Gold

PGQ-627

            14,257

428,000.00

22

Hyundai i10 GLS 1.2L A/T Gas

2009

Silver

NTI-433

          22,218

400,000.00

23

Hyundai i10 A/T Gas

2009

Gold

NQI-675

          57,577

377,000.00

24

Kia Carens A/T Diesel

2008

Black

YHN 706

          15,234

800,000.00

25

Kia Rio A/T Gas

2010

Gray

YJG-236

                26

560,000.00

26

Kia Rio M/T Gas

2010

White

YHS-481

            7,006

550,000.00

27

Kia Rio M/T Gas

2010

White

FGX 234

          35,170

500,000.00

28

Kia Rio M/T Gas

2009

Red

ZTT-240

          15,960

542,000.00

29

Mazda 3 1.6L A/T Gas

2007

Red

ZNJ-468

          64,954

455,000.00

30

Mazda 3 1.6L A/T Gas

2006

Red

ZGK-628

          25,308

380,000.00

31

Mitsubishi Adventure GX M/T Diesel

2009

Red

NUI-712

          78,164

560,000.00

32

Ssangyong Stavic A/T Diesel

2009

Black

ZTT-402

          16,582

548,000.00

33

Ssangyong Stavic A/T Diesel

2007

White

ZKY-204

          67,281

469,000.00

34

Suzuki Celerio M/T Gas

2010

Blue

NIP-621

          14,819

444,000.00

35

Suzuki Swift M/T Gas

2009

Red

YHF 143

          25,104

540,000.00

36

ToyotaAltis G A/T Gas

2009

Black

NII-818

          42,094

588,000.00

37

Toyota Avanza J M/T Gas

2009

Black

YJA 499

22,487

470,000.00

Stored in Cebu Warehouse

Make

Year Model

Color

Plate No.

Mileage

Minimum Bid Price

38

Chery A5SedanGas M/T

2008

Black

YGH-687

26,845

200,000.00

39

Chery QQ 311 Gas M/T

2009

Green

YGH 446

37,325

210,000.00

40

Kia Rio Sedan Gas M/T

2010

White

YGH 123

5,242

465,000.00

41

Kia Rio Sedan Gas M/T

2010

White

7LU102    (temp plate)

5,285

465,000.00

42

Kia Rio Sedan Gas M/T

2010

White

YHH-694

13,206

465,000.00

43

Kia Rio Sedan Gas M/T

2009

Red

YHN-358

10,558

437,000.00

44

Kia Rio Sedan Gas M/T

2009

White

YGM-596

19,096

445,000.00

45

Kia Rio Sedan Gas M/T

2009

White

For dropping

90,706

437,000.00

46

Kia Picanto Gas A/T

2009

Blue

Not Seen

YFZ 275

399,000.00

47

Kia Picanto Gas M/T

2009

Silver

20,495

YHH 836

389,000.00

48

Kia Picanto Gas M/T

2008

Orange

37,601

YHD 800

349,000.00

49

Toyota Corolla Altis 1.6E Gas M/T

2010

White

28,421

YJD 631 / GXK 631

580,000.00

A softcopy of the list of repossessed cars can be downloaded here: Sterling Bank’s Invitation to Buy for Cars dated 9 23 2011

~~~

To our success and financial freedom!

Jay Castillo

Real Estate Investor
PRC Real Estate Broker Registration No. 3194
Blog: https://www.foreclosurephilippines.com
Follow me in Twitter: http://twitter.com/jay_castillo
Find us in Facebook: Foreclosure Investing Philippines Facebook Page

Text by Jay Castillo and Cherry Castillo. Copyright © 2011 All rights reserved.

Full disclosure: Nothing to disclose.

P.S. I am helping a fellow real estate investor market a  Quezon City Townhouse for sale located in Kamuning. This is also available through a rent-to-own scheme.  Please call/txt 09157603090/5059259 for more details. A video of the townhouse can be seen below.

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About Jay Castillo
People encounter problems and make mistakes when buying foreclosed properties, and Jay wants to help people avoid those problems/ mistakes. Jay encountered a lot of those, which is why he started this blog in 2008 to serve as a guide where he shares lessons learned, and how to overcome challenges you may encounter when investing foreclosed properties in the Philippines … [Read more]
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