Second hand cars in Metro Manila
Metro Manila is the Philippines’ smallest administrative region, but despite its size it is the most populated area in the country with close to 12 million residents. While most car owners in the country’s capital drive Japanese branded cars, other automakers such as Ford, Hyundai, and Chevrolet have also shown strong sales performances in the past decade.
Things to consider when buying second hand cars
One of the most difficult questions a first time car owner can ask is- “which car should I buy? A brand new car or a second hand one?”. The answer to this question varies from one individual to another because we each have different criteria when it comes to cost. Those who are usually worried about their budget generally end up buying a second hand car.
A first time driver is more likely to encounter car collisions than an experienced driver. This is also one reason why many people prefer second hand cars as their start-up car, as it is less demoralizing to scratch or dent a used car than a brand new one. Given this flow of thought it may not take long for a brand new car’s value to depreciate, especially if it is handled by an inexperienced driver.
However, if you are going to buy a second hand car make sure that you pay in cash as some auto-loan facilities in the country can charge up to 35 percent extra. Other things you should consider when buying a used car is the model’s reliability, whether it would require you to replace some of its damaged parts, and the mileage of the vehicle.
Buying used cars in NCR
There are two ways to purchase a second hand car in the Philippines: one is through car dealerships in the country, who sell repossessed cars obtained by financial institutions and the second is through a private seller which requires processing a vehicle deed of sale.
In the Philippines, information on sold second hand cars is limited, if not scarce, however, it is safe to assume that the amount of second hand cars sold in one year is close in number to the sales of brand new cars.
Examples of used cars in Metro Manila
Some of the most prominent used cars for sale according to online listings are: the Toyota Corolla Altis, Isuzu Crosswind, Toyota Vios, Mitsubishi Montero Sport, Toyota Camry, Toyota HiAce, Ford Escape and Kia Rio.