City 03-04 IDSI * 350K = good buy?

[anonemus]

Hello again, experts!

Tanong lang ulit ako if good buy na ba ito?

Honda City 03-04 IDSI
Manual
Silver
70K mileage
Casa Maintained
16L/km daw FC

Selling here in Mindanao for P350K.









Deal or no deal?

Really, really appreciate all comments here.

Salamat in advance!

[homer jay]

Sobrang mahal.

Toyotas and Hondas which usually hold a good resale value will normally be at 50-55% of it's original purchase price after 5 years.

It's already a 7-year old car. Original purchase price for that 1.3 IDSI MT should just be about P600k or less (di ko na maalala).

Too expensive if you ask me.

[anonemus]

Ah, thanks! Sabi nga daw ng kapatid ko, mahal. Should be around 280k?

[anonemus]

Ah, thanks! Sabi nga daw ng kapatid ko, mahal. Should be around 280k?

[homer jay]

In theory, it should be... but I think those 2003/04 1.3L Cities and Vioses are still holding their value well, pretty much due to bigger demand for fuel efficient 2nd hand cars (and those two are the best). I don't think those owners will sell it at P280k.

Probably the cheapest you can find is about P300k... pero baka naman magaling ka tumawad. But I can see ads of '07 City 1.3M/T (and Gen 1 '07 Vios) selling for P380-385k, so an 03/04 City at P350k is definitely too expensive.

[anonemus]

Thanks, jay! Very helpful! Hanap na lang ako ng 2005 and above siguro...

[JunBargas]

mahal sir. *350K yu can have a 2003 model civic vti. better than that city