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 2017 Ford Everest  Titanium 2.2L 4x2 AT for sale Featured

2017 Ford Everest Titanium 2.2L 4x2 AT for sale

  • Used
  • 2017
  • Automatic
  • 57,000 km
Metro Manila, Quezon City
₱1,168,000
Monthly payment
Negotiable price/mo
Kia Sportage 2017LX  Diesel Automatic Featured

Kia Sportage 2017LX Diesel Automatic

  • Used
  • 2017
  • Automatic
  • 40,000 km
Metro Manila, Las Piñas
₱820,000
Monthly payment
Negotiable price/mo
Mazda 6 2018 2.5L Wagon Skyactiv Automatic Featured

Mazda 6 2018 2.5L Wagon Skyactiv Automatic

  • Used
  • 2018
  • Automatic
  • 20,000 km
Metro Manila, Las Piñas
₱1,090,000
Monthly payment
Negotiable price/mo
Used 2016 Toyota Hiace Super Grandia  for sale in good condition Featured

Used 2016 Toyota Hiace Super Grandia for sale in good condition

  • Used
  • 2016
  • Automatic
  • 41,000 km
Metro Manila, Manila
₱1,450,000
Monthly payment
Negotiable price/mo
2017 Chevrolet  TrailBlazer  LT 4X2  Dsl 2.8L A/T Blk Edition   788t Negotiable Batangas Area Featured

2017 Chevrolet TrailBlazer LT 4X2 Dsl 2.8L A/T Blk Edition 788t Negotiable Batangas Area

  • Used
  • 2017
  • Automatic
  • 50,456 km
Batangas, Lemery
₱788,000
Monthly payment
Negotiable price/mo
Chevrolet  Captiva   2015 A/T 528T Negotiable Batangas Area  PHP 528,000 Featured

Chevrolet Captiva 2015 A/T 528T Negotiable Batangas Area PHP 528,000

  • Used
  • 2015
  • Automatic
  • 57,344 km
Batangas, Lemery
₱528,000
Monthly payment
Negotiable price/mo
Nissan Navara Calibre 2021 2.5 VE Automatic Featured

Nissan Navara Calibre 2021 2.5 VE Automatic

  • Used
  • 2021
  • Automatic
  • 19,000 km
Metro Manila, Las Piñas
₱1,220,000
Monthly payment
Negotiable price/mo
2018s Mitsubishi L300 Deluxe FB Dual A/C M/T Featured

2018s Mitsubishi L300 Deluxe FB Dual A/C M/T

  • Used
  • 2018
  • Manual
  • 30,000 km
Metro Manila, Quezon City
₱499,000
Monthly payment
Negotiable price/mo
2017 Mitsubishi L300 Exceed FB Dual A/C M/T Featured

2017 Mitsubishi L300 Exceed FB Dual A/C M/T

  • Used
  • 2017
  • Manual
  • 40,000 km
Metro Manila, Quezon City
₱499,000
Monthly payment
Negotiable price/mo
2016 MITSUBISHI FB L300  2.5 EXCEED DUAL AC Featured

2016 MITSUBISHI FB L300 2.5 EXCEED DUAL AC

  • Used
  • 2016
  • Manual
  • 60,000 km
Metro Manila, Las Piñas
₱540,000
Monthly payment
Negotiable price/mo
2014  MITSUBISHI ADVENTURE 2.4GLX M/T Featured

2014 MITSUBISHI ADVENTURE 2.4GLX M/T

  • Used
  • 2014
  • Manual
  • 65,000 km
Metro Manila, Las Piñas
₱470,000
Monthly payment
Negotiable price/mo
2012 MITSUBISHI FB L200 2.5 Featured

2012 MITSUBISHI FB L200 2.5

  • Used
  • 2012
  • Manual
  • 90,000 km
Metro Manila, Las Piñas
₱485,000
Monthly payment
Negotiable price/mo
2015 MITSUBISHI MIRAGE G4 GLX M/T Featured

2015 MITSUBISHI MIRAGE G4 GLX M/T

  • Used
  • 2015
  • Manual
  • 60,000 km
Metro Manila, Las Piñas
₱330,000
Monthly payment
Negotiable price/mo
Sell 2nd hand 2010 Audi A5 Coupe / Convertible Automatic Featured

Sell 2nd hand 2010 Audi A5 Coupe / Convertible Automatic

  • Used
  • 2010
  • Automatic
  • 50,000 km
Cavite, Bacoor
₱1,183,000
Monthly payment
Negotiable price/mo
2020 MITSUBISHI L300 CC FB BODY DUAL AC 2.2L CRDi GL EURO 4 M/T Featured

2020 MITSUBISHI L300 CC FB BODY DUAL AC 2.2L CRDi GL EURO 4 M/T

  • Used
  • 2020
  • Manual
  • 60,000 km
Rizal, Cainta
₱798,000
Monthly payment
Negotiable price/mo
2022 NISSAN NV350 URVAN 2.5L MT Featured

2022 NISSAN NV350 URVAN 2.5L MT

  • Used
  • 2022
  • Manual
  • 7,000 km
Rizal, Cainta
₱1,188,000
Monthly payment
Negotiable price/mo
2018 TOYOTA Hilux G 4x2 AT Featured

2018 TOYOTA Hilux G 4x2 AT

  • Used
  • 2018
  • Automatic
  • 25,244 km
Rizal, Cainta
₱1,128,000
Monthly payment
Negotiable price/mo
2020 HONDA CITY E CVT Featured

2020 HONDA CITY E CVT

  • Used
  • 2020
  • Automatic
  • 20,000 km
Rizal, Cainta
₱678,000
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.