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Used Cars less than PHP 200,000 for sale

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174 results found
Used 2011 Hyundai i10 1.2  Top of the line MT

2011 Hyundai i10 1.2 Top of the line MT

Metro Manila, Manila

₱195,000

Manual 34,000 km

Used Honda city/ sedan/ shoreline mist color

Honda city/ sedan/ shoreline mist color

Cavite, General Trias

₱200,000

Manual 240 km

Used For sale.

For sale.

Bataan, Hermosa

₱200,000

50,000 km

Used For Sale Mitsubishi Lancer 1990

For Sale Mitsubishi Lancer 1990

Bulacan, Angat

₱150,000

Manual 56,624 km

Used Nissan Cefiro Elite

Nissan Cefiro Elite

Cavite, Imus

₱100,000

Automatic 150,000 km

Used Mitsubishi Adventure 2.0G Super Sport A/T 2000 MODEL

Mitsubishi Adventure 2.0G Super Sport A/T 2000 MODEL

Metro Manila, Quezon City

₱200,000

Automatic 153,000 km

Used 2004 Chevrolet Optra 1.6LS

2004 Chevrolet Optra 1.6LS

Metro Manila, Quezon City

₱140,000

Automatic 122,000 km

Used Honda Civic 1995

Honda Civic 1995

Laguna, Los Baños

₱115,000

Manual 10 km

Used 1998 Mitsubishi Lancer EL 1.3 Engine

1998 Mitsubishi Lancer EL 1.3 Engine

Metro Manila, Muntinlupa

₱135,000

Manual 80,000 km

Used Toyota Small Body 2e 1990

Toyota Small Body 2e 1990

Metro Manila, Quezon City

₱70,000

Manual 250,000 km

Used Lancer GLS 1.6L top of the line RUSH!

Lancer GLS 1.6L top of the line RUSH!

Pampanga, Angeles

₱150,000

Automatic 150,000 km

Used 2004 Chevrolet Optra 1.6

2004 Chevrolet Optra 1.6

Metro Manila, Quezon City

₱150,000

Automatic 120,000 km

Used 2007 Toyota Vios For Sale

2007 Toyota Vios For Sale

Metro Manila, Quezon City

₱200,000

Automatic 120,000 km

Used Mitsubishi Lancer MX 2003 automatic

Mitsubishi Lancer MX 2003 automatic

Laguna, Santa Rosa

₱160,000

Automatic 115,000 km

Used 2003 Honda City IDSI

2003 Honda City IDSI

Metro Manila, Quezon City

₱200,000

Automatic 192,000 km

Used 95' NISSAN SENTRA SUPER SALOON AUTOMATIC

95' NISSAN SENTRA SUPER SALOON AUTOMATIC

Rizal, Angono

₱80,000

Automatic 194,187 km

Used Suzuki grand vitara 4x4 2001

Suzuki grand vitara 4x4 2001

Metro Manila, Makati

₱190,000

Automatic 120,000 km

Used Suzuki Multicab Blue

Suzuki Multicab Blue

Cebu, Toledo

₱150,000

Automatic 120,000 km

What are certified pre-owned cars? Repossessed cars?

You are looking for Used Cars less than PHP 200,000 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.