Honda Accord under PHP 500,000 for sale

Should we buy a new or used Honda Accord {year} for sale?

In general, everyone wants to own the latest products. But in the context that consumers are still affected by tax policies and many factors, Honda Accord {year} Philippines is much higher than other countries in the region and the world. In order to realize their dreams, many people have also experienced confusion between the two options of buying a second-hand Honda car or a new car.

Many years ago, it was very difficult to find and buy a Honda car for sale, because at that time, used cars were scarce and there were not many options for customers. However, now, along with the rapid growth of the new car market, the used car market in the Philippines is also increasingly active with the number of transactions continuously increasing.

The benefits of buying a second-hand car for sale can be seen right in front of your eyes such as the cost of buying a car is suitable for your own finances. Especially for those who pay attention to the brand and origin of the car, used cars are the number one priority. However, buying a used Honda Accord {year} for sale is quite risky because you can be hidden by the car owner with problems such as repainting the car, replacing poor quality parts, expired warranty,...

Why should you buy a second-hand Honda car if you don’t have enough money?

One of the biggest obvious benefits is that the price of a Honda car for sale is significantly lower than that of a new car. Because even a newly purchased car is only used for a short time, the car has been depreciated by 7% - 15%. 

According to the usual way of calculating the value of a second hand car for sale, on average, a car will lose 15% - 25% of its value in the first year after buying new. This means that if you buy a used car for 1 year, you can save 15% - 25% of the amount compared to buying a new car. In the following years, used cars often depreciate by 5% - 10%/year.

Therefore, if you asked "should I buy a used car or not", the answer is "yes" if you want to save money. By choosing a second-hand Honda car, buyers can save a lot of money compared to buying a new car. This is also the reason why car buyers often buy used cars instead of new cars to reduce initial investment costs.

When choosing to buy a car, you need to check carefully about the car you intend to buy, it is best to find someone who knows how to follow the car to be sure to buy a quality used car, or simply Especially find yourself a reputable used car buying address like Philkotse.com