Used cars under 100 million VND are everywhere: Should you buy them or not?

Should or should not buy super cheap used car models priced at just over or under 100 million VND that are widely sold on the market?

The market is full of super cheap used cars

The used car market is selling many models for just over or under 100 million VND, even some cars are only 39 million VND - prices that can make many people... laugh out loud in surprise.

According to the survey, these are quite old car models, from the year 2000, some even from 1996. For example, on a used car classifieds page, a 1989 Honda Civic is being sold for 50 million VND. Another car is a 1986 Toyota Corolla for only 36 million VND.

Another one - Daewoo Matiz S 0.8 MT 2004 - is being sold by its owner for 69 million VND, along with countless other models at extremely cheap prices. According to the owners, the models are still in good working condition, with stable engines...

A series of cars priced around 50 million VND are being advertised for sale online.

According to the owner of a used car shop in Cau Giay, used cars in the 50 million price range are not sought after by many people, but there are still many cars for sale on the market. The reason is because there are many owners of used cars, but the need to use them is no longer there, so they decide to sell them.

“In terms of durability, some cars are quite good because they are well maintained by their owners. However, most cars in this price range are of the “you get what you pay for” type,” said the used car store owner.

“Super cheap” cars: Should you buy them or not?

Not having much money but still wanting a car to drive, Mr. Trung (Gia Lam, Hanoi) wants to find a car worth about 50 million to temporarily use, to protect him from the rain and sun.

However, Mr. Trung shared: “When consulting the experience of a friend who once owned a 100 million VND car, I decided not to buy it anymore, to save money to buy a better car. The reason is that his “old rich” car often broke down on the road, which was very difficult. Not only that, the car also consumed a lot of gas, and more importantly, the “model” was too old.

A car model is for sale for only 35 million VND.

On a forum specializing in cars, the story of a 50 million used car was also brought up for discussion and dissection. Accordingly, the majority of people said that they should not buy cars that are too cheap, because used cars are prone to damage and the cost of repair is not cheap.

"In my opinion, you should borrow more money to buy a new car. Old cars take more time to repair than they take to drive, and the repair costs are also more than the cost of buying the car. Not to mention, it's not very safe to drive. You can't predict when it will break down (it's not very safe either). I'm an auto mechanic, so I'm giving you this advice," a mechanic shared.

Another person said: “In my opinion, you shouldn’t buy a car that’s too old. A car that costs 50 million will only be sold as scrap metal after a few years. Every car has to pay the same taxes and fees. Instead of a car that costs 50 million, you have to pay annual taxes and fees like a new car. If you consider the sun and rain protection, users should “try” to buy a good car that costs over 150 million. At least it will protect the wife and children from the sun and rain, and there will be neighbors and outsiders looking in. It’s not possible to look at a car and say it looks like a… beggar, that’s miserable,” said Mr. Lam, a netizen.

According to experts, a car priced at 50 million is definitely “you get what you pay for”. Usually, the older the car, the lower the safety. In addition, used cars also consume more fuel than new cars; spare parts are not easy to find, and cost more. With used cars, the rate of minor breakdowns is also higher and harder to avoid, affecting your wallet.

Therefore, according to experts, to avoid getting upset, buyers need to be very careful to examine the car's condition.

According to VNN