How To Buy Car

[canadamale]

When I use my atm card here there is an automatic charge off 200 peso no matter the amount I withdrawal. So I do my best to limit my atm use

[chris49]

I will pay cash, do i need to open a bank account, or will they hold US bank check, till it clears.

 

OK, I'm putting myself on the line again, looking back at Cattledog's earlier posts. I think he hasn't yet even set foot in the Philippines and any talk of buying a car with a check or cash is way premature.

 

As with anyone going to the Philippines or anywhere, the poster has to figure out what is the best way to get money over here. I think he should talk to his home bank in the USA, then do what anyone would do. Carry some cash, ATM, credit card, then figure out the best way to get the money over.

 

Second. I'm not recommending one way ort another if he should actually buy a car here or not. I'm ok with it, but Ihave also driven in a few other countries with hard driving conditions.

 

I am not a Moderator. But I would suggest putting this topic on hold until we hear back from the OP.

[cattledog]

 

I will pay cash, do i need to open a bank account, or will they hold US bank check, till it clears.

 

Would you take a moment to explain what money you are living and how you access this money?

 

And I can think of another hitch. The car joint would have to have their own dollar account to do that transaction.

 

If I'm the dealer, I wont do it.  Await your reply first, then I will continue.

 

I meant , i will not finance,...did not mean actual cash and carry.

[cattledog]

 

I will pay cash, do i need to open a bank account, or will they hold US bank check, till it clears.

 

This has me confused.  If you are using a check then that is not cash.  I have yet to meet a seller here who will accept a check drawn on a foreign back.  If I understand you right, I would open a US $ bank account, wait 30 days for the check to clear and then use real cash to purchase the vehicle.  Of course that means you would not have the vehicle for the 30 days it takes for the check to clear so you may want to just wire the money to yourself and take the cash to the seller. 

 

Thank you...yes , i just wanted to know how others, have made car purchases, in the Philippines. 

Edited May 19, 2015 by Dave Hounddriver

[cattledog]

 

I will pay cash, do i need to open a bank account, or will they hold US bank check, till it clears.

 

OK, I'm putting myself on the line again, looking back at Cattledog's earlier posts. I think he hasn't yet even set foot in the Philippines and any talk of buying a car with a check or cash is way premature.

 

As with anyone going to the Philippines or anywhere, the poster has to figure out what is the best way to get money over here. I think he should talk to his home bank in the USA, then do what anyone would do. Carry some cash, ATM, credit card, then figure out the best way to get the money over.

 

Second. I'm not recommending one way ort another if he should actually buy a car here or not. I'm ok with it, but Have also driven in a few other countries with hard driving conditions.

 

I am not a Moderator. But I would suggest putting this topic on hold until we hear back from the OP.

 

 Chris, sounds like wiring the funds to a pi account, best option. I thought a post on this, could be helpful to future ex-pats.

 

Edited May 19, 2015 by Dave Hounddriver