These Cars Could Be The Best Second-Hand Buys Of 2022
Updated on October 03 2023
2021 saw a lot of new car launches in the Philippines. In fact, over 70 new and updated models made their local debut last year. That's good news for both the new-car buyer and the second-hand market. Why? With each new launch, the resale value of pre-facelift and previous-generation models dip just that little bit.
So if you're looking for a bargain second-hand car in 2022, we at Automart.PH are here to help. Check out our list of what could be the best buys in the second-hand market this year.
2013-2020 Ford Explorer
Ford Philippines launched the all-new Explorer in late 2021. Because of that, resale values for the previous generation will dip that little bit more this year. If you want a low-priced fifth-gen Explorer, you can go for the first batch of models that landed here in 2013. Of course, the later models had more standard equipment and improvements, but prepare to pay that little bit more.
2016-2021 Honda Civic
The tenth-generation Honda Civic was a return to form for the much-loved sedan. Thanks to turbo power in the RS model, it captures the spirit of the iconic SiR, but in a more mature package. This year, the tenth-gen Civic has become more attainable thanks to the launch of the eleventh-gen model. If you go for the earlier models, you can get a sporty, turbocharged sedan for well under PHP 1,000,000.
2012-2020 Isuzu D-Max
Isuzu models hold on to their resale values very well, but that doesn't mean used values go down. The D-Max pick-up is no exception to that unwritten rule. That said, it doesn't mean that previous-generation D-Max prices never go down. Isuzu Philippines launched the all-new model last year, so prices for the outgoing model will go down even more this year. You can wait a little bit longer for prices to go down, but either way, you can't go wrong with the D-Max.
2013-2021 Isuzu Mu-X
The other Isuzu model is also a potential bargain this year. We are talking about the first-generation Mu-X. Yes, resale values are strong but have gone down a little bit after the second-gen was launched around September 2021. Because it was in production for so long, you have a wide variety and model combinations to choose from. Manual or automatic, along with wide range of variants and engine choices meant there was a Mu-X for everyone and every budget. This is a model to shortlist if you need an SUV.
2016-2021 Kia Sorento
We have another rather large crossover on this list, but this time, it's a diesel-powered one. If you're looking for a comfortable, relatively large, and efficient family vehicle, you can't go wrong with the Kia Sorento. With the new model out, the previous model might just be the bargain you're looking for. If you're lucky, you might even the the all-wheel drive version.
2013-2021 Mitsubishi Mirage and Mirage G4
The Mirage Hatchback and the G4 were given updates in 2021. For the hatchback, it was a relatively minor change, but the sedan got even more significant upgrades. That said, both body styles are still relatively similar under the skin, so the pre-facelift models might offer a more tempting proposition in the used car market.
2015-2021 Nissan Navara
Nissan had a very strong 2021 and kicked it off with the facelifted Navara. It could be said that there were a lot of improvements, but that didn't mean the pre-update models were not so good. On the contrary, it's hugely competent and comfortable for a utilitarian. This year, one of the most comfortable and best-riding pick-ups is much easier to buy thanks to the arrival of the new-look model.
2018-2021 Nissan Terra
If pick-ups aren't your thing, perhaps an SUV is on your radar. Keeping it within the Nissan family, the old-look Terra has all the potential to be one of the best used-car buys of 2022. For starters, it's one of the youngest pick-up based SUVs before its facelift, so it wasn't too aged by the time it bowed out. It is said that the 2022 Terra almost feels like an all-new model, but it shouldn't take away the fact that the outgoing model is still capable and competent. Like the Mu-X, this is a model you should shortlist in the used car market.
2013-2021 Nissan Almera
Yes, another Nissan makes this list. That's because the Japanese automaker went all out last year. 2021 was the local premiere of the all-new Almera, and it was a huge step forward from its predecessor. It's almost as if it's a totally different model. It's more advanced, high-tech, and it's even turbocharged. But for those looking for something simpler, the outgoing Almera might be the bargain subcompact sedan for you.
2018-2021 Subaru XV
One of the highlights of Subaru last year was the debut of the facelifted XV. It's more of a cosmetic tweak than a major overhaul, but it's an update nonetheless. Because of that, you can expect pre-facelift XV second-hand prices to go down by a little bit. If you look around, you could get yourself a neat and lightly-used example for less than PHP 1,000,000.
2015-2021 Suzuki Ciaz
The Suzuki Ciaz is perhaps one of the most underrated cars in its class. It flew under the radar so much to a point that Suzuki quietly launched facelifted Ciaz around mid-2021. But its underrated status, along with the launch of the facelift model, means that the earlier Ciaz models are much more affordable than ever. Sure, it's not the most popular car, but it's a sedan that's worth considering.
2012-2021 Toyota Avanza
No, Toyota Philippines did not launch the all-new Avanza here yet. However, that one is expected to arrive around the middle of the year. By then, you can expect used Avanza prices to take a bit of a hit. That's good news for those who need an affordable, practical vehicle with seven seats. The second-gen Avanza has been around for such a long time, you'll practically be spoiled for choice by the time used values have come down.
2019-2021 Toyota Camry
Executive sedans aren't as popular as they once were. But that didn't stop Toyota Philippines from launching the hybrid version in the country. However, that also means that Toyota is no longer offering the standard engine in the 2022 Camry, so if you want one, you have to search around the used car market. Sure, there are bigger vehicles at the price of second-hand Camry values, but the there is nothing like the traditional mid-size executive saloon when it comes to comfort or showing off quiet power.
2016-2021 Toyota Innova
Let's be honest here, there is never a bad time to buy a used Toyota Innova. For as long as people keep buying them new, there will be even more lining up to buy used examples. So why did we include the country's best-selling MPV? That's because we can expect pre-facelift values to go down by a small bit. Yes, resale values are strong, but any saving you can get in an Innova is a big deal indeed. Besides, wouldn't say yes to a diesel automatic Innova for less than a million pesos?
Bonus: 2008-2021 Toyota Land Cruiser
Okay, so the Land Cruiser was never used car bargains. If anything, these SUVs are almost resistant to depreciation. If you bought a Land Cruiser 200 Series in the last five years, there's a good chance it still has a very good chunk of its value left. Still, with the introduction of the 300 Series, the previous generation has become ever so slightly more affordable. If you're lucky, a few might just slip in your maximum budget. Besides, a Land Cruiser is a dream for many, and any price reductions is a step closer to affording it.