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Chery Tiggo 8 Pro for sale (1)

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  • 2022

As of 07/05/2022, you can find 1 of Chery Tiggo 8 Pro for sale on Philkotse.com. The cheapest model is Chery Tiggo 8 Pro at ₱1,645,000. The most expensive model is Chery Tiggo 8 Pro at ₱1,645,000. At Philkotse, you can explore the latest deals on Chery Tiggo 8 Pro for sale with images, features, specs, and prices.

Phikotse offers buyers a lot of options. You can quickly find all the Chery Tiggo 8 Pro and sort them with our filters including model year, mileage, and color.

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Get Your Brand New 2022 Chery Tiggo 8 Pro  Featured

Get Your Brand New 2022 Chery Tiggo 8 Pro

  • New
  • 2022
Metro Manila, Quezon City
₱1,645,000
Monthly payment
Negotiable price/mo

    July hottest deals

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    ₱35,000 Downpayment

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    Chery Tiggo 8 Pro 1.6-liter Turbo DCT

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    The Best Time To Buy And Sell A Used Car: Understanding Depreciation

    Buying a pre-owned car for sale isn't the first choice for everyone, but it's definitely a smart move if you're cutting on costs. A used car isn't only cheaper than one that's fresh off the dealership; it can also be as dependable!

    This happens because of a process called depreciation, and it can affect you whether you're buying or selling a used vehicle. To get a better understanding of this, go ahead and read on so you can use the process of depreciation to your advantage.

    What is depreciation?

    Depreciation is a normal process that happens wherein a property (home, vehicle, etc.) decreases in value. In this case, let's take a 3-year old car from Chery Philippines as an example and say that it's definitely less valuable than the brand new car that's parked in the dealership. As time flies by, the 3-year old car gets older and also depreciates in value. Depreciation doesn't happen in a straight line but in a curve instead.

    What is the depreciation curve?

    Among all other assets a person can own, vehicles are the fastest to depreciate. Once you take a new car out of the dealership and drive it around the block, its value has already dropped to 90%. After a year, your new car would only cost around 80% of what you originally paid for it.

    This goes on and on that by the time your car reaches 3 years old; it will only be worth 58% of the original price. When your car turns 4 years old, the value drops to 49% and by year 5, it drops to 40%.

    If you'll notice, the depreciation is non-linear. Your new car will drop 30-40% in value after the first 2 years. While when the 3rd year kicks in, the decrease becomes 20%. This can be used to your advantage.

    When is the best time to buy a used car?

    A tip when it comes to buying a Chery Tiggo 8 Pro 2022 Philippines is choosing a unit that's 2-3 model years ago. By doing so, you are avoiding the steepest climb in the depreciation curve. You would end up only paying 60-70% of what the original vehicle price but still get a reliable car with reasonable mileage.

    When is the best time to sell a used car?

    If you happen to buy a second hand Chery Tiggo 8 Pro that's around 2 years old, you would know by now that it has lost the most profitable part of its life and has now depreciated in value. If you're thinking of selling the vehicle, you should first think about when the best time would be to do so.

    The answer is already stated in the depreciation curve we discussed earlier. When a car gets close to its 5th year, the selling price will drop because of the possible problems that may arise with the aging vehicle. For example, the car may now have mechanical problems and may require maintenance procedures like wheel alignment and oil change. The warranty may also start to lose effectiveness and you may need to get a new one suitable for your car's age.

    You are browsing the extensive listing of Chery Tiggo 8 Pro cars for sale in the Philippines because you decide that it's time to drive home a new car.

    Whatever you look for in a car, we have it for you, without the hidden fees, without the unnecessary fuss, and without worry.

    Philkotse.com is one of the leading online market places for new & used cars, and we are also committed to helping car buyers and drivers.