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Used Ferrari 458 Italia under PHP 300,000 for sale

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  • 2012
  • 2013
Hot deal alert! 2015 Ford Fiesta  1.5L Trend MT for sale at Featured

Hot deal alert! 2015 Ford Fiesta 1.5L Trend MT for sale at

  • Used
  • 2015
  • Manual
  • 48,000 km
Metro Manila, Pasay
₱298,000
Monthly payment
Negotiable price/mo
FOR SALE!!! Red 2012 Suzuki Alto K10  affordable price Featured

FOR SALE!!! Red 2012 Suzuki Alto K10 affordable price

  • Used
  • 2012
  • Manual
  • 139,000 km
Metro Manila, Caloocan
₱235,000
Monthly payment
Negotiable price/mo
2017 Mitsubishi Mirage  GLX 1.2 MT for sale by Trusted seller Featured

2017 Mitsubishi Mirage GLX 1.2 MT for sale by Trusted seller

  • Used
  • 2017
  • Manual
  • 38,000 km
Metro Manila, Pasay
₱298,000
Monthly payment
Negotiable price/mo
2016 Hyundai Eon 0.8L MT Hatchback Featured

2016 Hyundai Eon 0.8L MT Hatchback

  • Used
  • 2016
  • Manual
  • 63,000 km
Metro Manila, Quezon City
₱258,000
Monthly payment
Negotiable price/mo
2007 Mitsubishi Galant 2.4 Automatic Featured

2007 Mitsubishi Galant 2.4 Automatic

  • Used
  • 2007
  • Automatic
  • 68,000 km
Metro Manila, Manila
₱245,000
Monthly payment
Negotiable price/mo
2007 Mazda 3 1.6L S AT Featured

2007 Mazda 3 1.6L S AT

  • Used
  • 2007
  • Automatic
  • 150,000 km
Metro Manila, Quezon City
₱288,000
Monthly payment
Negotiable price/mo
2006 Nissan Xtrail 2.0L 200X 4X2 AT Featured

2006 Nissan Xtrail 2.0L 200X 4X2 AT

  • Used
  • 2006
  • Automatic
  • 123,000 km
Metro Manila, Quezon City
₱268,000
Monthly payment
Negotiable price/mo
2010 Chevrolet Cruze 1.8 LS AT Featured

2010 Chevrolet Cruze 1.8 LS AT

  • Used
  • 2010
  • Automatic
  • 69,000 km
Metro Manila, Manila
₱255,000
Monthly payment
Negotiable price/mo
2018 HYUNDAI EON 0.8 GLX M/T GAS Featured

2018 HYUNDAI EON 0.8 GLX M/T GAS

  • Used
  • 2018
  • Manual
  • 32,764 km
Bulacan, Guiguinto
₱240,000
Monthly payment
Negotiable price/mo
2017 SUZUKI ALTO 800 STANDARD 0.8L M/T GAS Featured

2017 SUZUKI ALTO 800 STANDARD 0.8L M/T GAS

  • Used
  • 2017
  • Manual
  • 40,426 km
Bulacan, Guiguinto
₱200,700
Monthly payment
Negotiable price/mo
2020 FOTON GRATOUR WING VAN M/T GAS Featured

2020 FOTON GRATOUR WING VAN M/T GAS

  • Used
  • 2020
  • Manual
  • 7,542 km
Laguna, Cabuyao
₱280,000
Monthly payment
Negotiable price/mo
2018 SUZUKI ALTO STANDARD 800CC M/T GAS Featured

2018 SUZUKI ALTO STANDARD 800CC M/T GAS

  • Used
  • 2018
  • Manual
  • 42,912 km
Laguna, Cabuyao
₱231,300
Monthly payment
Negotiable price/mo
2018 SUZUKI ALTO 800 STD M/T GAS Featured

2018 SUZUKI ALTO 800 STD M/T GAS

  • Used
  • 2018
  • Manual
  • 28,327 km
Bulacan, Guiguinto
₱205,600
Monthly payment
Negotiable price/mo
2017 Kia Picanto 1.0L EX MT Hatchback Featured

2017 Kia Picanto 1.0L EX MT Hatchback

  • Used
  • 2017
  • Manual
  • 34,000 km
Metro Manila, Quezon City
₱298,000
Monthly payment
Negotiable price/mo
RUSH sale!!! 1999 Toyota Avalon Sedan at cheap price Featured

RUSH sale!!! 1999 Toyota Avalon Sedan at cheap price

  • Used
  • 1999
  • Automatic
  • 86 km
Camarines Norte, Daet
₱300,000
Monthly payment
Negotiable price/mo
Pre-owned 2014 Suzuki APV  GLX 1.6L-M/T for sale in good condition Featured

Pre-owned 2014 Suzuki APV GLX 1.6L-M/T for sale in good condition

  • Used
  • 2014
  • Automatic
  • 90,000 km
Camarines Sur, Naga
₱280,000
Monthly payment
Negotiable price/mo
Suzuki Swift Dzire 1.2 M/T Featured

Suzuki Swift Dzire 1.2 M/T

  • Used
  • 2014
  • Manual
  • 59,500 km
Cavite, Trece Martires
₱270,000
Monthly payment
Negotiable price/mo
🔥Hot 🔥 BRAND NEW BAJAJ RE FOR SALE Featured

🔥Hot 🔥 BRAND NEW BAJAJ RE FOR SALE

  • New
  • 2021
Metro Manila, Muntinlupa
₱182,888
Monthly payment
Negotiable price/mo

Determine your budget to buy a used car

Buying used cars is more popular in the Philippines market today, as many people prefer used cars over brand new cars. However, it can be challenging to decide how much is appropriate to pay for a used car given the wide range of pricing available. How to set a budget for a used car is explained in this article.

Second hand cars for sale market in the Philippines

There was a strong recovery for the Philippines auto industry in 2021, which saw sales of 292,842 vehicles. After the pandemic, Filipino people are more willing to use private vehicles over public transportation to protect their health. Compared to brand new cars, second hand cars for sale are preferable with many advantages at a lower price. That drives the demand of buying used cars in the Philippines these days.

Where to buy used cars in the Philippines?

There is a load of dealers available on the market today for selling and buying used cars. You should choose reputable used car listing pages to avoid unnecessary risks. You can access Philkotse.com - a reliable website which provides you various latest used car models day by day for you to choose. This website transparently publishes every information about cars price and specifications.

Determine your budget to buy used cars

Basically, the rate of a vehicle's depreciation over time is used to determine the worth of an old car. A car depreciates from 100% to 0% on average after 25 years (4% annually on average), of which:

  • From the first 1-3 years: 5% - 8% per year
  • From 4 - 7 years later: 5% - 7% for each year
  • 8 - 10 years later: 8% per year or more

Therefore, if you found a used car which is 4 years old, the depreciation will be 20% - 28% (5% - 7% for each year). That means the price would be 70% - 80% of the original price. To find out how much a used automobile would cost after four years of depreciation, visit Philkotse.com and check the price of a new car. You should pay that amount to purchase a high-quality used car.

It is very important to determine your budget when buying used cars as it could save your time and cost. You will find a good quality used car at an affordable price. Hopefully, the tips which we have given in this post will help you make the right decision on the best used car.