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Used Cars less than PHP 200,000 for sale

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40 results found
Used RUSH sale!!! 2004 Mitsubishi Lancer Sedan at cheap price

RUSH sale!!! 2004 Mitsubishi Lancer Sedan at cheap price

Metro Manila, Las Piñas

₱130,000

Automatic 114,351 km

Used Mitsubishi Lancer Pizza Pai 97

Mitsubishi Lancer Pizza Pai 97

Pampanga, Mabalacat

₱125,000

Automatic 180,000 km

Used 2009 Toyota Fortuner 3.0V 4x4 Automatic Diesel

2009 Toyota Fortuner 3.0V 4x4 Automatic Diesel

Metro Manila, Las Piñas

₱1,234

Automatic 123 km

Used 2019 TOYOTA VIOS 1.3 E A/T

2019 TOYOTA VIOS 1.3 E A/T

Cebu, Cebu City

₱59,000

Automatic 10,400 km

Used TOYOTA COROLLA 1.6 GLI 95 FOR SALE!!

TOYOTA COROLLA 1.6 GLI 95 FOR SALE!!

Pampanga, Mabalacat

₱130,000 ₱130,000 DP

Automatic 91,557 km

Used Honda Civic Vtec SiR Body

Honda Civic Vtec SiR Body

Metro Manila, Quezon City

₱190,000

Automatic 128,000 km

Used RUSH sale! 97 Honda Civic 1.5 A/T cheap price

RUSH sale! 97 Honda Civic 1.5 A/T cheap price

Bulacan, Meycauayan

₱130,000

Automatic 92,000 km

Used Rush SALE‼️ Clean Papers  2002 Honda Civic VTI-S

Rush SALE‼️ Clean Papers 2002 Honda Civic VTI-S

Metro Manila, Parañaque

₱198,000

Automatic 123 km

Used Toyota Corolla Lovelife 2001 XE

Toyota Corolla Lovelife 2001 XE

Rizal, Cainta

₱145,000

Manual 181,285 km

Used Honda Civic ESI 1994

Honda Civic ESI 1994

Metro Manila, Las Piñas

₱165,000

Manual 200,000 km

Used Second hand 1998 Toyota Dyna  for sale in good condition

Second hand 1998 Toyota Dyna for sale in good condition

Davao del Sur, Davao City

₱200,000

Manual 40,000 km

Used 1988 Gen 1 Pajero LOCAL UNIT

1988 Gen 1 Pajero LOCAL UNIT

Rizal, Antipolo

₱170,000

Manual 248,000 km

Used Toyota Corolla Altis 2001

Toyota Corolla Altis 2001

Metro Manila, Las Piñas

₱190,000

Automatic 190 km

Used 1994 Mitsubishi Lancer

1994 Mitsubishi Lancer

Batangas, Agoncillo

₱70,000

9,684 km

Used 2006 FORD FOCUS SEDAN AUTOMATIC BLACK

2006 FORD FOCUS SEDAN AUTOMATIC BLACK

Batangas, Lemery

₱188,000

Automatic 124,111 km

Used FOR SALE! 1991 BMW 525i. Murang mura na to!

FOR SALE! 1991 BMW 525i. Murang mura na to!

Zambales, Olongapo

₱145,000

Automatic 171,000 km

Used Honda Civic legit SIR body  99' mdl EK

Honda Civic legit SIR body 99' mdl EK

Metro Manila, Caloocan

₱185,000

Manual 150,000 km

Used Mitsubishi lancer pizza pie 97

Mitsubishi lancer pizza pie 97

Pampanga, Mabalacat

₱130,000

Automatic 180,000 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.