1st step to buy a 2nd hand car (financing)

**lele** · June 13th, 2011 03:20 PM

Sir newbie here please help me what should i do first.

*go to bank or go to dealer? what is best AT or MT?
Thanks!

**KERSMcRae** · June 13th, 2011 03:36 PM

Welcome to Tsikot forum..

short answer, sa bank po. bihira yata ang mga "pre-owned" pag sa dealer..
pag MM driving, AT is preferred (but personally, I'll still go for M/T)

pakidagdagan na rin ng additional infos, like:
- what particular car ang gusto niyo (sub-compact ba or regular sedan)
- para saan niyo gagamitin?
- ilan kayo na sasakay?
- budget for dp (around 20-25%) ng value ng car
-etc.

**lele** · June 13th, 2011 04:03 PM

thanks for the additional info for family use only 4 person ska sa work na din
sorry sir newbie lang ako ano po ung (subcompact or regular sedan)

**[archie]** · June 13th, 2011 04:08 PM

first set a budget, then figure out what cars would fit it. once you have that, set how much you are willing to cash out. look for prospective cars that you like, go to the bank for requirements and payment plans. negotiate the price with the seller, get approved and get the car.

**KERSMcRae** · June 13th, 2011 04:16 PM

Originally Posted by lele

thanks for the additional info for family use only 4 person ska sa work na din
sorry sir newbie lang ako ano po ung (subcompact or regular sedan)

sub-compact - smaller cars like Toyota Vios, Honda City
Compact or regular sedan, cars like Toyota Corolla/Altis, Honda Civic, Mitsubishi Lancer..
Try also other car forum / websites like (motioncars, topgear) para magkaroon ka ng idea about their categories. And of course, do more reading here.

Also, wait for the other tsikoteers, mods (on training, ahem..

) to post here. Mas matutulungan ka nila..

hth

**mikhail.hana** · July 2nd, 2011 09:43 PM

Originally Posted by KERSMcRae

Welcome to Tsikot forum..

short answer, sa bank po. bihira yata ang mga "pre-owned" pag sa dealer..
pag MM driving, AT is preferred (but personally, I'll still go for M/T)

pakidagdagan na rin ng additional infos, like:
- what particular car ang gusto niyo (sub-compact ba or regular sedan)
- para saan niyo gagamitin?
- ilan kayo na sasakay?
- budget for dp (around 20-25%) ng value ng car
-etc.

sir, how about the ford everest 4X2 (MT or AT), we are planning to buy a second hand of it by late next year. how much it (2009/2011 model) would be po? a 25% or higher DP po ang kinu-consider nmin..

need more advises, comments and suggestions... thanks!