Updated: August 25, 2023
*These are the vehicle prices as of writing. All prices are subject to change without prior notice.
In a country where traffic can be as notorious as its scorching summer heat, having a reliable and budget-friendly car is a blessing. The Philippine automotive market understands the need for affordable transportation options, and thus, a range of budget cars has emerged. For those seeking to own their first car or upgrade to a more efficient model without breaking the bank, here are the top five cheapest cars under P700,000 that the Philippines has to offer.
Suzuki S-Presso (P620,000 to P660,000)
Meet the Suzuki S-Presso, a car that effortlessly blends style with practicality. Its bold design, resembling a mini SUV, sets it apart from its peers. Priced below P700,000, the S-Presso offers impressive fuel efficiency, making it an ideal choice for city dwellers and frequent commuters. Despite its compact size, the cabin offers ample space for passengers and cargo. With advanced safety features and modern technology incorporated, the S-Presso proves that budget-friendly doesn't mean compromising on quality.
Suzuki Dzire (P609,000)
Suzuki strikes again with the Dzire, a subcompact sedan that delivers elegance and efficiency at an affordable price point. With its sleek design and spacious interior, the Dzire brings a touch of sophistication to the budget car segment. Its frugal fuel consumption and user-friendly features make it a popular choice among budget-conscious consumers looking for both style and substance.
Toyota Wigo (P608,000 to P684,000)
Toyota has long been synonymous with reliability, and the New Toyota Wigo is no exception. As a successor to the popular Wigo model, the new model brings updated styling and improved features. With a compact size that makes navigating tight city streets a breeze, the Wigo is a practical choice for urban drivers. Toyota's reputation for durability adds to its appeal, making it a wise investment for those seeking longevity in their budget car.
Jetour Ice Cream (P699,000)
Hailing from the Chinese brand Chery, the Jetour Ice Cream is a pure Electric Vehicle (EV) that adds a splash of quirkiness to the Philippine budget car market. Its distinct design and vibrant color options set it apart from the crowd. Despite its small and playful appearance, the Ice Cream offers quite a bit of versatility for the price, with seating for four people. It's a testament to how affordable cars can also be an expression of individuality.
Chevrolet Spark (P694,888)
The Chevrolet Spark brings a sense of fun and youthful energy to the affordable car segment. With its compact size, it's perfect for zipping around congested city streets and finding parking in tight spots. The Spark's peppy engine and modern tech features make it a solid contender in its price range. It's proof that a limited budget doesn't have to mean sacrificing driving enjoyment.
Owning a car on a budget doesn't mean compromising on quality, safety, or style. The Philippine market offers a range of options that cater to different preferences and needs, ensuring that even those with tight budgets can enjoy the convenience and freedom of owning their own vehicle. As these manufacturers continue to innovate and improve, it's clear that the era of affordable yet impressive cars is here to stay. So, whether you're a first-time car owner or someone looking to upgrade, there's a budget-friendly option waiting for you in the local showrooms.
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