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Posts posted by PreseaLover
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1 hour ago, Quiet said:
if you have any contacts visit the finance company yards. You can find some good deals. Although with present market conditions i would think that even yard-ed vehicles move out at faster pace.
i did.. apparently yard vehicles have higher prices than the normal vehicles advertised... crazy f**ks
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1 hour ago, john cooper said:
Done this about 17 years back.
Guess it is still the same.
You will be buying on an AS-IS basis, with no guarantee or warranty. The company I was dealing, was a small finance company so hardly any competition.
Registered bidders get an opportunity to view the vehicles a few hours before the auction, had no chance to take them for a spin but the company use to say if it is drivable (last)
Once you have placed the winning bid you will be asked to "pay in full" (They gave us some deadlines to collect the goods)
You can't buy the car under an open book, the Leasing company will handle the transfer process for you.
hope this helps
regards,
JC
ahh great thanks mate.
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4 hours ago, ajm said:
I heard its a mafia thing to be able to bid at harbor auctions ,thugs waiting on the way to the auction and turning people around with threats..
not not harbour auctions, im talking about seized vehicle auctions from leasing companies
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Hi Guys, have any of you taken part in leasing auctions before? I need to know the process and what happens at the time the auction starts, the things i should take into consideration when buy a car from an auction when I win the bid etc. Your input is highly appreciated. Also can we buy open book?
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oh right thanks guys
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3 hours ago, Quiet said:
Since the leasing company has the absolute ownership no such letter is required. They will transfer the vehicle under their name and then sell through tender
thanks @Quietdo you know of any auctions happenning in leasing companies lately where i can go and bid? where do i find those auction information?
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When the leasing company seizes a car, do they take a no objection letter from the previous owner?
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yeah.. 2006 model year between 1.5 to 2mil you can get a Tata Nano. Does very good in fuel too.
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On 2/14/2021 at 1:33 AM, Prangi said:
These are the documents you should obtain from the company......
MTA 6 signed along with embossed seal and director seal (by two directors). Name & address should be filled as it is mentioned on the CR.
No objection letter address to RMV, signed with embossed seal by two directors in the Letterhead
Copy of;
1. Business Registration
2. Form 48, Form 20 or Form 1
3. Form containing the Company Registration Address.
4. NIC of the two Directors
Original CR Book
Absolute ownership Deletion letter from the leasing company
First 7 years Luxury/Semi luxury tax receipts. (If applicable)
Revenue License
quick question
1. Business registration - is it a copy needed?
2. For 48 etc. Does the companies know about these forms?
3. Form containing the company address - whats the form name?
Also the no objection letter should be signed by JP of that area right? what else does JP has to sign out of these?
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I used my own bodily scent that lingers in the car.. in sinhala you call it "Jeewana Suwada".. nothing feels better for me than that...
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1 hour ago, Gayantha.gk said:
Arrgh !! , its really hard to make up your mind to get a shitty vehicle for a big amount , this covid really ruined everything !!
yeah i have the same mentality which is why im car-less for 3 months now. I dont want to pay for shit.
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4 hours ago, MaleCortana said:
I'm transferring a company owned car to my name today, I will let you know the required documents after I go to the RMV boss
What's the car?
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6 hours ago, Prangi said:
These are the documents you should obtain from the company......
MTA 6 signed along with embossed seal and director seal (by two directors). Name & address should be filled as it is mentioned on the CR.
No objection letter address to RMV, signed with embossed seal by two directors in the Letterhead
Copy of;
1. Business Registration
2. Form 48 or Form 1
3. Form containing the Company Registration Address.
4. NIC of the two Directors
Original CR Book
Absolute ownership Deletion letter from the leasing company
First 7 years Luxury/Semi luxury tax receipts. (If any)
Revenue License
machang did you undergo this process before? the no objection letter should be signed by JP? Also what is the director who was in charge back when the car was transferred to them is no more the director there?
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Guys does anyone know what are the documents needed when transferring a car owned by a company? what should be the name address etc. put in the transfer papers? and what sorta of other documents we need or any special things we need to consider? I'm talking about a car that was owned by a huge company for 20 years probably that has many directors also. Anyone have experience in doing this before? Also the car was initially leased under Orix leasing so the absolute ownership is in a leasing company. Your help would be highly appreciated.
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8 hours ago, Magnum said:
V30 Vista is a beautiful car, but I haven't seen one in a very long time, they seem to be some what rare. Parts are bit hard to come by including mechanical parts. Last time when I went looking for CV30 parts, some spare parts shops didnt even know the model.
Petrol is either EU13(SR18) or HU13(SR20) and diesel is SU13(CD20)
The CV30 Camry is diesel intercooler turbo, 2C intercooler turbo to be specific. Have driven one and can confirm its pretty quick. A small light on the instrument cluster comes on when the turbo kicks in
ahh thanks for that explanation. Didnt know the difference between EU and SU
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13 hours ago, Jigawatts said:
Hi Guys,
Continuing my car hunt for a non ridiculously priced car. I'm looking for a car that is relatively comfy around 1.2-1.4 Mill. There are early 90s Diesel Barges for this budget. Nissan Bluebird U12 and Camry/Vista CV30. 64- plates. Have a couple of questions for the experts here.
1. What would be the better choice between Bluebird and Camry/Vista? Parts wise? Engine reliability? Easy to live with? Performance?
2. SU12 Bluebirds are almost same price or more expensive as CV30 Camry's...given that Toyota's are more expensive usually is there a specific reason for this?
3. How reliable are these old diesels(Bluebird has the vanette LD engine and Camry has 2C )? Can a one time engine overhaul sort things out for a reasonable time? How would these engines fare at emissions test?
I don't have a specific reason for buying diesel but prices seem relatively ok and you can't find petrol variants of these cars easily.
Any other suggestions are welcome.
Its funny I'm looking for the same 2 cars as you these days but I'm looking for for the SU13 and SV40 though, and I',m looking for the Petrol ones because I cant stand the noise of Diesels, and diesel engines are not that good compared to petrol's. Specially given that these cars are almost more than 25 years old.
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4 hours ago, iRage said:
S means it has a Toyota S engine.
SV40 -> 1.8L 4S-FE engine. Came in most 1.8L Petrol Toyotas of the period. Carina, Corona/Caldina
SV41 -> 2.0L 3S-FE. Carina/Corona/Celica/Noah+TwonAce+LiteAce/RAV4,etc....
Are you looking a the hardtop or the sedan ?
ah right. whats the difference between the hardtop and the sedan?
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16 minutes ago, MaleCortana said:
https://www.amayama.com/en/catalogs/toyota/vista/4-sedan-right-v40-1994-2449/1/5
Once you click on a part it will tell you what other cars that part came in and where it fit, go crazy 😛
aiyo cant go to that extent men.. :S But thanks though.. doesn't anybody else knows who owns a vista in this forum?
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44 minutes ago, iRage said:
Uhh...I don't think you are talkng about a limited edition.
The U13 sedan came in two lineups. EEX, which was the standard non sporty, family oriented version; and the SSS which was the sporty version.
The 2000SSS was first released as 2000SSS-G, 2000SSS-G Attessa and 2000SSS-G Limited Atessa (this would have been in 1991 ish.) Then in mid 1992ish they introduced a 2000SSS-G S.Limited Type I and Type II. These new introductions were pretty luxo with slightly nicer eat materials and sunroof, spoiler, etc... As for the beige and brown interior...it totally depends....Nissan offered quite a few choices of interior color apart fro the default interior color for specific body colors.
why I said limited edition was because I have never seen a U13 in sri lanka that has sunroof and the beidge dashboard. I asked a person who does U13 parts. He said for the sri lankan market only the grey dashboard interior came, unless someone imported a baidge dashboard, which was the case. So I guess my friends' car is the only car in SL that has a sunroof and the beidge dashboard.
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7 hours ago, Magnum said:
We have a U13 Bluebird diesel, mechanical parts are available around Kandy and Kurunegala but body and interior parts are rare. We ripped off a 2.0L SSS in Japan and brought down the parts. The 2.0L SSS has different bigger brakes, slightly lower suspension, different interior with more body hugging seats, wood trim on the dash, more seat driver seat adjustments, rear seat console and brown tinted glasses.
There are 1.8L SSS variants in SL but highly down any of the 2.0L made it to SL.
nice car mate. My friend has a 2.0L SSS Petrol, auto U13.. it has a sunroof too with baidge and brown dashboard. (I havent seen the baidge and brown interior in any U13s in sri lanka and also a sunfroof one) I think thats a limited edition. It was brand new imported to sri lanka in 92. The first owner used it for 27 years and sold it to my friend last year. After seeing that only I also wanted to buy a U13.
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Buying A Seized Car
in General Automotive
Posted
oh no im afraid of curses.. I'm staying out of auction vehicles then