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These are the most common documents necessary for making a car purchase in the Philippines. Apart from being a good valid ID for the dealership to identify you, they have to know that you actually can legally drive the purchased car out of the lot.
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Toyota conquest manual license#
This is a given and we believe doesn't have to be said out loud but yes, a Driver's License is required before you purchase your dream car. Whether it be Third-party Liability (TPL) insurance that will cover for hospitalization or death benefit for a third party in the event of an accident or Comprehensive insurance that covers the same as TPL but also adds yourself and damage to the car it is mandatory before a car can be deemed road-worthy. The Government has mandated that you have to acquire insurance for your vehicle before you can have it registered. InsuranceĬar Insurance in the Philippines is not optional. Thank goodness then for financing we can now own our dream cars with the power of deferred payments and monthly installments! All you have to do is bring the necessary bank documents and loan documents showing that you have been approved and then the dealership can take it from there. If you're paying a car in full, depending on the dealership, they would accept payments in the form of Personal Checks, Managers Check or a Cashier's Check with the payment made to the dealership.Īs stated above, not everyone can pay in full. As a matter of fact, many car dealerships in the Philippines would prefer you make your payment with some sort of bank document instead of cold hard cash, that way they wouldn't have to worry about so much liquid cash moving around the dealership.