Unformatted text preview: d and approved the VSP.
On 17 June 1989, at around 9:30 a.m., Bernardo called Gilbert to inform him that the vehicle would not be 66 ready for pick up at 10:00 a.m. as previously agreed upon but at 2:00 p.m. that same day. At 2:00 p.m.,
Sosa and Gilbert met Bernardo at the latter's office. According to Sosa, Bernardo informed them that the
Lite Ace was being readied for delivery. After waiting for about an hour, Bernardo told them that the car could
not be delivered because "nasulot ang unit ng ibang malakas."
Toyota contends, however, that the Lite Ace was not delivered to Sosa because of the disapproval by B.A.
Finance of the credit financing application of Sosa. It further alleged that a particular unit had already been
reserved and earmarked for Sosa but could not be released due to the uncertainty of payment of the balance
of the purchase price. Toyota then gave Sosa the option to purchase the unit by paying the full purchase
price in cash but Sosa refused.
After it became clear that the Lite Ace would not be delivered to him, Sosa asked that his downpayment be
refunded. Toyota did so on the very same day by issuing a Far East Bank check for the full amount of
P100,000.00, the receipt of which was shown by a check voucher of Toyota, which Sosa signed with the
reservation, "without prejudice to our future claims for damages."
Thereafter, Sosa sent two letters to Toyota. In the first letter, dated 27 June 1989 and signed by him, he
demanded the refund, within five days from receipt, of the downpayment of P100,000.00 plus interest from
the time he paid it and the payment of damages with a warning that in case of Toyota's failure to do so he
would be constrained to take legal action.
Sosa alleged that As a result of defendant's failure and/or refusal to deliver the vehicle to plaintiff, plaintiff
suffered embarrassment, humiliation, ridicule, mental anguish and sleepless nights because: (i) he and his
family were constrained to take the public transportation from Manila to L...
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- Fall '14
- gutierrez hermanos, B.A. Finance Corporation