No HPG Clearance/Carnap Alarm, but bank is selling it

**jokwa114** · October 6th, 2017 11:49 AM

I'm sorry if this is in the wrong thread, but I'm not really sure where it should be.

So while browsing Carmudi for secondhand cars since I'm looking for our first family car, I stumbled upon this vehicle with a relatively low price. And while reading its details, it indicated "NO HPG CLEARANCE/CARNAP ALARM".

I was dumbfounded, this couldn't be a scam, if it was, they wouldn't have mentioned that.

So I check the seller, which apparently was a dealer. So I searched for their website if they had any, and they did. And apparently, they are the used property sales department of a certain bank. Even their contact email is in the bank's domain.

So out of curiosity, I emailed them. I might have just misunderstood that detail. They replied and confirmed that the said vehicle was stolen and that

"t was stolen, yes.
The HPG brought the unit back to the bank."

So now, I am very confused to say the least. If it was a stolen vehicle, why are they still putting it up for sale?

Am I missing something here, is there a way to legitimately get an HPG Clearance for this? Or is this just their way of selling this car to uninformed buyers?

**jaggerx3** · October 6th, 2017 12:35 PM

Originally Posted by jokwa114

I'm sorry if this is in the wrong thread, but I'm not really sure where it should be.

So while browsing Carmudi for secondhand cars since I'm looking for our first family car, I stumbled upon this vehicle with a relatively low price. And while reading its details, it indicated "NO HPG CLEARANCE/CARNAP ALARM".

I was dumbfounded, this couldn't be a scam, if it was, they wouldn't have mentioned that.

So I check the seller, which apparently was a dealer. So I searched for their website if they had any, and they did. And apparently, they are the used property sales department of a certain bank. Even their contact email is in the bank's domain.

So out of curiosity, I emailed them. I might have just misunderstood that detail. They replied and confirmed that the said vehicle was stolen and that

"t was stolen, yes.
The HPG brought the unit back to the bank."

So now, I am very confused to say the least. If it was a stolen vehicle, why are they still putting it up for sale?

Am I missing something here, is there a way to legitimately get an HPG Clearance for this? Or is this just their way of selling this car to uninformed buyers?

Baka nabayaran ng insurance na yung owner. Pero advise ko na stay away from the unit na lang. Hanap ng iba

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**dr. d** · October 6th, 2017 12:38 PM

Originally Posted by jokwa114

I'm sorry if this is in the wrong thread, but I'm not really sure where it should be.

So while browsing Carmudi for secondhand cars since I'm looking for our first family car, I stumbled upon this vehicle with a relatively low price. And while reading its details, it indicated "NO HPG CLEARANCE/CARNAP ALARM".

I was dumbfounded, this couldn't be a scam, if it was, they wouldn't have mentioned that.

So I check the seller, which apparently was a dealer. So I searched for their website if they had any, and they did. And apparently, they are the used property sales department of a certain bank. Even their contact email is in the bank's domain.

So out of curiosity, I emailed them. I might have just misunderstood that detail. They replied and confirmed that the said vehicle was stolen and that

"t was stolen, yes.
The HPG brought the unit back to the bank."

So now, I am very confused to say the least. If it was a stolen vehicle, why are they still putting it up for sale?

Am I missing something here, is there a way to legitimately get an HPG Clearance for this? Or is this just their way of selling this car to uninformed buyers?

is it possible, that the legitimate owner had already been compensated by the insurance company, and thus is giving up ownership of that car, in favor of the insurance or mortgage-holder-the-bank?

**99moves** · October 6th, 2017 01:05 PM

hanap na lang ng iba. maaaring wala naman kaso pag binili mo yan, pero kada may kakatok sa bintana mo or paparahin ka ng pulis kinakabahan ka naman.

**jodski** · October 6th, 2017 01:14 PM

The dealer was honest in declaring that...

Ang ibig sabihin nyan, buy at your own risk kaya sobrang mura hehe.

Pero I would not recommend getting that that unit.

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**_Qwerty_** · October 6th, 2017 01:45 PM

mamaya naka alarma yan biglang ratratin ka na lang..

**yebo** · October 6th, 2017 01:56 PM

for parts out na lang yan pag ganyan. you can't even register it without hpg clearance.

**SidCoronel** · October 7th, 2017 06:37 PM

Originally Posted by jokwa114

I'm sorry if this is in the wrong thread, but I'm not really sure where it should be.

So while browsing Carmudi for secondhand cars since I'm looking for our first family car, I stumbled upon this vehicle with a relatively low price. And while reading its details, it indicated "NO HPG CLEARANCE/CARNAP ALARM".

I was dumbfounded, this couldn't be a scam, if it was, they wouldn't have mentioned that.

So I check the seller, which apparently was a dealer. So I searched for their website if they had any, and they did. And apparently, they are the used property sales department of a certain bank. Even their contact email is in the bank's domain.

So out of curiosity, I emailed them. I might have just misunderstood that detail. They replied and confirmed that the said vehicle was stolen and that

"t was stolen, yes.
The HPG brought the unit back to the bank."

So now, I am very confused to say the least. If it was a stolen vehicle, why are they still putting it up for sale?

Am I missing something here, is there a way to legitimately get an HPG Clearance for this? Or is this just their way of selling this car to uninformed buyers?

When in doudoubt, OUT.

Don't risk it