Car extravaganza in Lipa

MANILA, Philippines - Reputable used car and motorcycle dealers from the Calabarzon area will hold a three-day sale on May 13 to 15, at SM Lipa in Batangas. Billed as “Summer Car Extravaganza: Kotse at Motor Mo, Finance Ko”, prospective buyers may choose from over 60 second-hand vehicles on display including motorcycles from Eastern Luzon Motors. The Rural Bank of Nasugbu Inc. will make available financing facilities to non-cash buyers. Rural Bank of Nasugbu vice president John Acda said that “prospective buyers belonging to the ABC economic classification now realize that it is more practical to purchase second-hand vehicles because brand-new vehicles are not only expensive but also depreciate quite rapidly in value”. Other sponsors of the event are Standard Insurance, PLDT, ALFC Insurance, Mizuno, URC and C Magazine.