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Used Cars less than PHP 150,000 for sale

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35 results found
Used 2018 Suzuki Vitara GlL

2018 Suzuki Vitara GlL

Metro Manila, Parañaque

₱89,000

Automatic 36,000 km

Used Suzuki Ertiga 2020 GL 1.5  M/T

Suzuki Ertiga 2020 GL 1.5 M/T

Cavite, Imus

₱120,000

Manual 12,600 km

Used 1998 Toyota Corona Exsior Automatic For Sale

1998 Toyota Corona Exsior Automatic For Sale

Metro Manila, Quezon City

₱130,000 ₱100,000 DP

Automatic 117,000 km

Used Mitsubishi Lancer 1978 bartype 2door jet black color

Mitsubishi Lancer 1978 bartype 2door jet black color

Quezon, Candelaria

₱140,000

Manual 10,000 km

Used Toyota Corolla 1996 - For sale or swap sa NMAX/ AEROX/ CBR

Toyota Corolla 1996 - For sale or swap sa NMAX/ AEROX/ CBR

Isabela, Reina Mercedes

₱75,000

Manual 75,000 km

Used Need to sell Red 1997 Mitsubishi Lancer Sedan second hand

Need to sell Red 1997 Mitsubishi Lancer Sedan second hand

Cebu, Mandaue

₱130,000 ₱60,000 DP

Automatic 180,000 km

Used FORD LYNX

FORD LYNX

Cavite, Cavite City

₱140,000

Automatic 1,234 km

Used Black Mitsubishi Lancer 1996 for sale in Obando

Black Mitsubishi Lancer 1996 for sale in Obando

Bulacan, Obando

₱130,000

Automatic 10,000 Km

Used Mitsubishi Galant 1996

Mitsubishi Galant 1996

Metro Manila, Manila

₱65,000

Manual 120,000 Km

Used Selling Silver Nissan Sentra Exalta 2000 in Rizal

Selling Silver Nissan Sentra Exalta 2000 in Rizal

Rizal, Antipolo

₱110,000

Automatic 160,000 Km

Used 1994 Mitsubishi Lancer

1994 Mitsubishi Lancer

Metro Manila, Manila

₱120,000

Automatic 50,000 Km

Used Silver Honda Civic 1998 for sale in Taguig

Silver Honda Civic 1998 for sale in Taguig

Metro Manila, Taguig

₱150,000

Manual 140,000 Km

Used Selling Blue Toyota Corona 1997 in Quezon City

Selling Blue Toyota Corona 1997 in Quezon City

Metro Manila, Quezon City

₱135,000

Manual 120,000 Km

Used  White Mazda 2 1997

White Mazda 2 1997

Metro Manila, Manila

₱80,000

Automatic 170,000 Km

Used  Toyota Corolla 1995

Toyota Corolla 1995

Metro Manila, Manila

₱145,000

Manual 200,000 Km

Used Honda Civic 1997

Honda Civic 1997

Metro Manila, Manila

₱150,000

Manual 138,000 Km

Used Blue Toyota Camry 1998 for sale in Paranaque

Blue Toyota Camry 1998 for sale in Paranaque

Metro Manila, Parañaque

₱140,000

Automatic 200,000 Km

Used Selling Green Toyota Corolla 1995 in Genral Trias

Selling Green Toyota Corolla 1995 in Genral Trias

Cavite, General Trias

₱148,000

Manual 200,000 Km

What are certified pre-owned cars? Repossessed cars?

You are looking for Used Cars less than PHP 150,000 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.