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Used Cars more than PHP 1,000,000 for sale (609)

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For Sale! 2020 Honda Civic RS Turbo Automatic Gas - call now 09171935289 Featured

For Sale! 2020 Honda Civic RS Turbo Automatic Gas - call now 09171935289

  • Used
  • 2020
  • Automatic
  • 14,000 km
Metro Manila, Makati
₱1,258,000
Monthly payment
Negotiable price/mo
2020 Ford Everest 2.0 4X2 Titanium DSL AT Featured

2020 Ford Everest 2.0 4X2 Titanium DSL AT

  • Used
  • 2020
  • Automatic
  • 4,000 km
Metro Manila, Quezon City
₱1,538,000
Monthly payment
Negotiable price/mo
Good as Brandnew 2022 Ford Everest 2.0 Titanium+ Biturbo 4x4 AT for sale Featured

Good as Brandnew 2022 Ford Everest 2.0 Titanium+ Biturbo 4x4 AT for sale

  • Used
  • 2022
  • Automatic
  • 3,000 km
Cavite, Bacoor
₱1,987,000
Monthly payment
Negotiable price/mo
2022 BENTLEY BENTAYGA V8 PGA LOCAL Featured

2022 BENTLEY BENTAYGA V8 PGA LOCAL

  • Used
  • 2022
  • 300 km
Metro Manila, Taguig
₱26,900,000
Monthly payment
Negotiable price/mo
🔥🔥SALE!!!🔥🔥 2020 Toyota Commuter Deluxe Featured

🔥🔥SALE!!!🔥🔥 2020 Toyota Commuter Deluxe

  • Used
  • 2021
  • Automatic
  • 12,000 km
Metro Manila, Quezon City
₱1,388,000
Monthly payment
Negotiable price/mo
2020 HONDA CIVIC RS TURBO 
Php 1,258,000 Only!!!JONA DE VERA 
📞09565798381Viber/09171174277 Featured

2020 HONDA CIVIC RS TURBO Php 1,258,000 Only!!!JONA DE VERA 📞09565798381Viber/09171174277

  • Used
  • 2020
  • Automatic
  • 14,000 km
Metro Manila, Makati
₱1,258,000
Monthly payment
Negotiable price/mo
Rush Sale! Very Fresh! 2020 Honda Civic RS Turbo Automatic Gas Featured

Rush Sale! Very Fresh! 2020 Honda Civic RS Turbo Automatic Gas

  • Used
  • 2020
  • Automatic
  • 14,000 km
Metro Manila, Makati
₱1,258,000
Monthly payment
Negotiable price/mo
Fully Loaded 2020 Ford Ranger  2.2 XLS 4x2 AT for sale Featured

Fully Loaded 2020 Ford Ranger 2.2 XLS 4x2 AT for sale

  • Used
  • 2020
  • Automatic
  • 15,000 km
Metro Manila, Pasay
₱1,058,000
Monthly payment
Negotiable price/mo
2021 PORSCHE TURBO S PGA LOCAL Featured

2021 PORSCHE TURBO S PGA LOCAL

  • Used
  • 2021
  • Automatic
  • 300 km
Metro Manila, Taguig
₱20,700,000
Monthly payment
Negotiable price/mo
2016 Toyota 86 2.0L Aero Manual Transmission Featured

2016 Toyota 86 2.0L Aero Manual Transmission

  • Used
  • 2016
  • Manual
  • 12,000 km
Metro Manila, Quezon City
₱1,398,000
Monthly payment
Negotiable price/mo
2020 Toyota Hilux Conquest 4x4 Manual Diesel Featured

2020 Toyota Hilux Conquest 4x4 Manual Diesel

  • Used
  • 2020
  • Manual
  • 23,000 km
Metro Manila, Quezon City
₱1,428,000
Monthly payment
Negotiable price/mo
2020 Toyota Hilux Conquest 4x4 Manual Diesel Featured

2020 Toyota Hilux Conquest 4x4 Manual Diesel

  • Used
  • 2020
  • Manual
  • 23,000 km
Metro Manila, Quezon City
₱1,428,000
Monthly payment
Negotiable price/mo
2019 Nissan Terra VL A/t Featured

2019 Nissan Terra VL A/t

  • Used
  • 2019
  • Automatic
  • 28,000 km
Metro Manila, Quezon City
₱1,488,000
Monthly payment
Negotiable price/mo
2019 Ford Ranger Raptor 2.0 Bi-Turbo Dsl AT Featured

2019 Ford Ranger Raptor 2.0 Bi-Turbo Dsl AT

  • Used
  • 2019
  • Automatic
  • 29,000 km
Metro Manila, Quezon City
₱1,698,000
Monthly payment
Negotiable price/mo
Toyota Land Cruiser Prado 2018 VX Diesel Automatic Featured

Toyota Land Cruiser Prado 2018 VX Diesel Automatic

  • Used
  • 2018
  • Automatic
  • 15,000 km
Metro Manila, Las Piñas
₱3,470,000
Monthly payment
Negotiable price/mo
Mercedes-Benz 2019 GLC 200 Gas Automatic Featured

Mercedes-Benz 2019 GLC 200 Gas Automatic

  • Used
  • 2019
  • Automatic
  • 17,000 km
Metro Manila, Las Piñas
₱2,980,000
Monthly payment
Negotiable price/mo
2019 Nissan Terra EL A/t Featured

2019 Nissan Terra EL A/t

  • Used
  • 2020
  • Automatic
  • 12,000 km
Metro Manila, Quezon City
₱1,288,000
Monthly payment
Negotiable price/mo
Nissan Urvan Premium M/t Featured

Nissan Urvan Premium M/t

  • Used
  • 2020
  • Manual
  • 16,000 km
Metro Manila, Quezon City
₱1,248,000
Monthly payment
Negotiable price/mo

What are certified pre-owned cars? Repossessed cars?

You are looking for Used Cars more than PHP 1,000,000 for sale on Philkotse.com - one of the biggest online platforms for car buying and selling online in the Philippines. To adjust your criteria for more results, you can navigate to our search tool on the left of this landing page.

When shopping for second hand cars for sale, we often hear lots of terminologies in which some were not aware of. Some of the terms you would most likely hear are the word “certified pre-owned (CPO) cars and repossessed cars.

In this article, Philkotse.com will define what certified pre-owned and repossessed cars mean.

What does certified pre-owned mean?

For cars that have been stamped with the CPO badge, these cars are 2nd hand vehicles for sale which have relatively low mileage and has not suffered any major accidents.

Certified pre-owned cars will go under a thorough multi-point inspection process by the dealer. Any car parts that needed repairs will be replaced with brand new components. Basically, these cars are dealer-approved, refurbished vehicle.

There are different metrics that are the basis when selecting a certified pre-owned car, but it all depends on the dealership that offers them. Usually, cars that have low mileage and have a complete service history. It should also be a few years old. There are instances that the service cars or dealership demo units get relegated to a CPO status.

For the dealer's eyes, these repossessed and leased cars still have value. The opportunity in making these cars look good as much as possible for prospective used buyers is too good for them to pass up.

Certified pre-owned cars have more advantages and benefits compared to regular second-hand vehicles. One of them is the additional peace of mind when you buy a CPO. The dealership will give an extended warranty.

There are also times that they will also give some extras like free roadside assistance and maintenance vouchers. That's on top of the part replacement process and a thorough car inspection. It also comes with a complete set of car history and service records.

In addition, dealers also throw in special deals and low financing rates on CPO vehicles which allow CPO car buyers to drive off a certified pre-owned vehicle with ease.

What are repossessed cars?

Bank repossessed cars are also called repo is another good option when buying a pre-owned car. Repossession works when somebody else's loss becomes the gain of a bargain hunter. The banks take back the cars from people who failed to repay their car loans. These repossessed cars will be put on sale.

Just like CPO, repossessed cars also have several benefits such as a more affordable price. With the continuous price increase because of the tax reform law or TRAIN law, most car buyers will opt for cheaper options like repossessed cars. These types of used cars become more appealing, especially for budget-conscious consumers.

Another good reason why repossessed cars are a great option is that most repossessed cars are newer vehicles that are still in good condition. This is because repo cars are up for sale because the former car owner was not able to keep up with their loan repayments and not because it the condition of the car is deteriorating.

You can also assure that the repo car sellers are trustworthy and safe. This is because you are buying from a bank which will assure you a secure and legal transaction. You are buying from a bank which is a reputable financial institution.

Certified pre-owned cars and repossessed cars are two different things but both are a great option when it comes to buying used vehicles for sale.