Change ownership of my Lynx

First on the list is the Change of Ownership from the previous owner to my name. It wasn't that difficult actually, I did it in 2 half days (because I always start after lunch). What do you need to have the ownership transferred to your name:

a. Notarized Deed of Sale (and secretary's certificate if company owned)
b. Original Certificate of registration and official receipt
c. Photocopy of previous owner's ID and your ID
d. Endorsement from the Insurance Company to the New Owner
e. PNP-TMG Clearance
f. Your Tax Identification Number (Very important)
g. Photocopy of all documents at least 2 copies
h. Php 2,500.00 (For everything including your merienda)

Before going to LTO, you need to have a PNP-TMG Clearance. You need to bring (a), (b), (c), (g) and (h). When you arrive there, one of their "assistants" (seems to be more of a glorified fixer) will approach you then he will ask you to fill up some forms and he will stencil the chassis number and engine number. Then you will pay the amount due at a nearest Landbank of the Philippines. In my case, since ownership will be transferred twice (from Abbott Company→Employee who bought the car→To me), the clearance was worth Php400.00. The clearance will usually take 3 days to be released, unless you would tell the "assistant" to have it rushed. Rushed means you can have it within the day but for an extra cost (you know what I mean... *wink*), which is Php300.00. And as pakikisama sa "assistant" a tip of Php100.00 will do for stenciling and working on the rush service. Voila! PNP-TMG Clearance in 1/2 day and Php800.00

Next thing to be done is going to the LTO branch where your car was originally registered. Bring all of the documents and fund you need (a to h). I arrived at branch just 15 minutes before lunch time so It was just enough to have the engine and chassis number stenciled by an "assistant". Since I went there during my coding day, I can't afford to be delayed because I wanted to finish it within the coding window (10am-3pm). So I asked the "assistant" if there is a way to make things faster (Am I bad?). Of course there is, but for another additional cost. This time it cost me Php800.00 all-in (meaning the extra cost and the cost of the registration). I agreed, and then his friend went inside and worked on my documents even during lunch (sweet). I think it only took his friend only an hour to have my new CR ready for signing by the Head of that branch. However, the head of that branch is late coming back from his/her lunch so it took another 2 hours to wait for him/her. All in all the transfer process in LTO cost me Php900.00 (including Php100.00 for the assistant)

Thus, the whole process totals to: Php 1,900.00