5 Reasons Why I Bought a Used Car

More than a year ago, my wife and I decided to buy a car. We were preparing to have a baby and I didn’t want her to go through the hassle of commuting while heavy with our first baby. In fact, we wanted to have a car first before the pregnancy.

So in May 2012, we finally decided to buy a car–a 1998 Mitsubishi Adventure.

In North America, our car might be called a small SUV or a crossover maybe. But in this part of the world, it’s called an AUV. Think of it as an SUV made for Asians. I’ve had American passengers in that car and mind you, it’s not built for them.

Why a used car then?

The decision was a no-brainer really. In my mind, getting a used car was the right choice. Getting a brand new one needs justification. In case, you are thinking of getting a car, too, here are 5 reasons why we opted for a used car.

1. It’s cheaper.

Told ya. it’s cheaper. A brand new car costs at least PhP800,000. A SUV costs about P1.2 – P1.5 Million. Our car cost less than half the price of a brand new sedan and it’s barely a fourth of a good-sized SUV.

A lot of people say that it’s risky getting a used car because of the maintenance costs. But even if I spent P100,000 on it in the course of two years, it would still be cheaper. I just had to endure some inconvenience if something needs replacement, but I’m willing to take that risk. Read more