BMABB MAY 18 - 26, 2020

GUIDELINES for AUTO LOT SALE via Sealed Bidding on May 18 - 26, 2020

  1. All units sold on an "AS IS-WHERE-IS" basis.
  2. Buyers should make an offer using the official Offer to Buy (OTB) form for all available cars listed for each LOT.
  3. It should be clearly indicated in the OTB where the LOT is specifically located (ex. BMABB Chino Roces, BMABB Lipa, etc.)
  4. Lot Sale sealed bidding will be held from May 18 to May 26, 2020.
    • Bids will be accepted starting from May 18, 2020 at 8:30AM until May 26, 2020 at 10:00AM.
    • No bid below asking price.
    • Buyers can make a bid using the official Offer to Buy (OTB) form. All bid offers should be sealed in an envelope and should either be sent to SAMS Main Office located at G/F BPI Buendia Center, #360 Sen. Gil Puyat Avenue, Makati City or at our BM Auto Best Buys Provincial Retail Offices.
    • All bid offers should be "time-stamped" by SAMS authorized personnel to confirm the date and time of receipt before bidder places it into the sealed drop box.
    • Nationwide opening of bids is on May 26, 2020 starting at 10:30AM.
    • Highest bidder wins. If highest bidder does not push thru, sale will be awarded to 2nd highest bidder.
    • Winning bidders, and their spouses, will be asked to provide the following documents prior to payment (no requirements means no payment).
      • EMPLOYED (submit any two)
        • Certificate of Employment
        • Payslip
        • BIR Form 2316
        • DTI Certificate of Registration
        • Mayor's Permit
        • BIR Form 1701
      • RETIREE
        • Bank Certificate
        • Pension Documents ( SSS / GSIS )
        • See list at the back of Buyer's Information Sheet
  5. Buyers who back out from their winning bids will be blacklisted.
  6. No discount will be given during this period.
  7. In case of a tie, a rebidding will be held.