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SubscribeUsed Lexus under PHP 500,000 for sale
Choose location- Is 350
- NX
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2017 Lexus Lx570 White SUV Top of the line For Sale
- Used car
- 2017
- Automatic
- 8,700 km
For sale 2016 Lexus LX 570 SUV car with full options
- Used car
- 2016
- Automatic
- 3,240 km
Good as new Lexus IS 300 2010 for sale
- Used car
- 2010
- Automatic
- 130,000 km
Good as new Lexus LS460 2010 for sale
- Used car
- 2010
- Automatic
- 120,000 km
Selling 2nd Hand Lexus Is300 2010 for sale in Quezon City
- Used car
- 2010
- Automatic
- 40,000 Km
For sale 1999 Lexus Is Automatic Gasoline at 90000 km in Manila
- Used car
- 1999
- Automatic
- 90,000 Km
2012 Lexus Is300 for sale in Makati
- Used car
- 2012
- Automatic
- 60,400 Km
2nd Hand (Used) Lexus Es 350 2017 for sale in San Juan
- Used car
- 2017
- Automatic
- 20,000 Km
Lexus Ls 570 2015 Automatic Gasoline for sale in Quezon City
- Used car
- 2015
- Automatic
- 25,502 Km
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.
MAXSPEED AUTOPORTAL INC.
12/F AIC Burgundy Tower, ADB Avenue, Ortigas Center, Pasig City, Metro Manila, Philippines
09481334353 (SMART) - 09260673939 (GLOBE)