324,000 vehicles were sold in 2015 and that was throughout the country; a portion of people who bought cars last year (and some in the previous years) will default on their payments either those who wanted a personal ride or those who invested for Grab/Uber units (which is not profitable in the first place). This list also aims to help buyers on which bank to go in finding a specific vehicle they want. For the first time, the Kia Rio takes a rest as the most repossessed vehicle and you will be surprised who is number one.
Do take note the list is accurate as of February 10, 2016. Sources include: PS Bank, Banco De Oro, RCBC Savings Bank, East West Bank, Unionbank, Maybank, BPI, Security Bank, and Chinabank. UCPB does not have any active list as of writing time so we will be skipping them for now.
See the top 10 of the following months: October 2015, November 2015, and January 2016. Original 2014 article here.
Do take note the list is accurate as of February 10, 2016. Sources include: PS Bank, Banco De Oro, RCBC Savings Bank, East West Bank, Unionbank, Maybank, BPI, Security Bank, and Chinabank. UCPB does not have any active list as of writing time so we will be skipping them for now.
See the top 10 of the following months: October 2015, November 2015, and January 2016. Original 2014 article here.

.jpg)
