When you want to get the best deal for a vehicle that can reliably get you from point A to point B with the least amount of fuss, look no further than this list. We have narrowed down the most affordable vehicles you can buy in the Philippines today. The list covers brands that are already well known in the country or are still establishing their presence. The prices we have put on the list are for the base model variants and the list is ordered in descending format with the cheapest vehicle available in the market at the end of the list. That being said, here are the cheapest vehicles you can buy in the Philippines with a budget of P700,000.
Chery Tiggo 2 - P695,000
A newcomer looking to prove itself in the market once again is the Chery Tiggo 2. The brand recently reentered the automotive market and is seeking to gain a foothold once again with a fresh new lineup of crossovers in the country. The Tiggo 2 in its manual version is the most affordable crossover you can buy in the market today. It comes equipped with a 1.5-liter naturally aspirated gasoline engine which makes 106hp and 135 Nm of torque. Despite being an entry-level model, the specifications of the Tiggo 2 point to it being a capable all-around vehicle.
Chevrolet Spark - P694,888
This is Chevrolet’s entry in the subcompact hatchback segment in our country, sporting new looks, and an updated interior. The Spark offers a 1.4-liter gasoline engine mated to either a five-speed manual or CVT which makes 99 hp and 128 Nm of torque. You also get Chevrolet’s MyLink infotainment system which includes phone mirroring and audio streaming functions.
Volkswagen Santana - P686,000
If you want to get your hands on an affordable European vehicle, then look no further than the Volkswagen Santana. Featuring a solidly-built chassis and a punchy 1.4-liter gasoline engine paired with a 5-speed manual transmission, the Santana is one vehicle you shouldn’t miss out on. It also comes with little touches such as power mirrors, power windows, a keyless entry that make the sedan even more attractive to those working on a budget. A fine European to consider that comes well equipped and with a price that won’t break the bank.
Toyota Vios - P681,000
A mainstay on Philippine roads and an entry on our list, the Toyota Vios is one of the country’s workhorses and can be had for under P700,000. There is no shortage of these cars in the country, and there are models up and down the lineup with different price points that cater to different budgets and needs. At its base, you will have to deal with a 5-speed manual transmission and a 1.3-liter gasoline motor with 98 hp and 123 Nm of torque, with basic features, but there are also CVT variants available in the upper price ranges.
Haima M3 - P679,000
An entry-level vehicle from Haima, the M3 is a subcompact that can serve as an alternative to many of its rivals in the Philippines. Equipped with a 1.5-liter engine with 112 hp and 147 Nm of torque that can be mated to either a 5-speed manual or a CVT, the M3 is good enough to do city crawls and more open city driving. With a good amount of space for not that much money, the subcompact at its price makes for an interesting choice.
JAC J4 - P670,000
In JAC’s lineup, the J4 is the brand’s subcompact offering for the Philippine market. It has a 1.5-liter naturally aspirated motor that produces 111 hp and 146 Nm of torque, which is enough for normal city driving. Going up in price gets this car a CVT, and more features to boot. The vehicle features a good amount of space and even a light-tone interior if configured as such.
Mahindra Enforcer - P665,000
India’s best selling pickup is here. With a highly configurable chassis and dependable engines, the Mahindra Enforcer is also the vehicle of choice for the Philippine National Police. You have an option of 4x2 and 4x4 variants, and a 2.5L diesel engine with a five-speed manual transmission does all the heavy lifting.
Kia Soluto - P665,000
Being one of the standouts in the Kia lineup for its budget-friendly-feature-rich background, the Soluto is one of the better-equipped budget vehicles out in the market. It comes with a 1.4-liter motor that produces 94 hp and 132 Nm of torque, a large boot, a very capable infotainment system, a leatherette interior, and the option to choose between an automatic and a manual for all trims.
Hyundai Reina - P663,000
Hyundai’s entry-level offering comes in the form of a sedan called the Reina. Equipped with a good set of features, youthful looks and a large trunk, the Reina with its 1.4-liter engine may surprise drivers with the performance that it brings to the table even with 94 hp and 132 Nm of torque. The model can come with either a 5-speed manual or 4-speed automatic, and gets a capable infotainment system in its upper trims.
MG 5 - P658,000
Another new entry seeking to carve its name into the local automotive market is the MG5. It offers buyers a spacious sedan that comes well equipped with and features more tech to boot. The sedan is powered by a naturally aspirated 1.5-liter gasoline engine that pushes out 112hp and 150 Nm of torque. The MG5 even at its entry-level model already comes with many standard features an interested buyer working with a budget will surely enjoy.
BAIC M50S - P638,000
Another car that we reviewed with an exceedingly low price and a rather good value proposition is the BAIC M50S. Equipped with a 1.5-liter engine that pushes 114 hp and 150 Nm of torque mated to a 5-speed manual transmission, the small MPV is capable enough for most jobs. Also, with high headroom and loads of legroom paired with two captains’ chairs, it’s one interesting value proposition.
Honda Brio - P601,000
Is the Jazz a little out of reach but want the same zippy driving feel and sharp looks? The Brio may just be your best bet. Powering the Brio is a 1.2-liter gasoline engine that’s mated to either 5-speed manual or CVT. Steering wheel controls, ABS, and even dual airbags are standard fare along with the ever-important speed-sensing door locks for mid to high variants.
BAIC MZ45 - P598,000
This model is a longer version of another model on this list. With its increased length, MZ45 can seat up to 11 passengers. It features a 1.2-liter gasoline engine that produces 86 hp and 108 Nm of torque making for fair performance mated to a manual transmission. At one point BAIC Philippines sold this model configured as an ambulance.
Suzuki APV - P593,000
Suzuki’s entry-level multi-purpose vehicle, or “All Purpose Vehicle”, which is what APV stands for, lives up to its name, but with a price tag that is not too heavy on the wallet. While big on space, it comes with basic features especially at its lowest trim level. The vehicle can seat up to eight people, and for the price it commands, it could be worth a look. If you are on a tight budget.
Kia Picanto - P590,000
The third-generation Kia Picanto has always been a solid choice for those looking for a subcompact hatchback. Refreshed styling that’s very European and a refined interior add to the fact that this Picanto is also roomier. The engines are untouched, and still offer a choice of 1.0-liter and 1.2-liter variants mated to a 5-speed manual or 4-speed automatic.
JAC S1 - P585,000
The JAC S1 is a feature-packed offering despite being arguably one of the smallest subcompact crossovers on the market. LED lighting, a 7-inch touchscreen head unit, airbags, ABS, a tire pressure monitoring system, and ISOFIX mounts for child seats are all standard fare. The JAC S1 is powered by a 1.3-liter gasoline engine mated to a five-speed manual transmission.
Kaicene Honor S - P585,000
The Kaicene brand is a relative newcomer to the Philippines. With a few commercial offerings out, the marque was also able to introduce an affordable 8-seater to the market in the form of the Kaicene Honor S, which can be had for under P600,000. The model features enough space and has provisions to seat one more person rather than the industry standard of seven.
Foton Gratour - P580,000
Not to be outdone by its rivals, the Foton Gratour seats eight people in comfort. Available with a myriad of configurations to fit your needs, the Gratour is powered by a 1.2-liter gasoline engine mated to a five-speed manual. Higher variants get fog lamps and daytime running lights (DRLs) for added road presence.
Suzuki Celerio - P558,000
The Celerio is currently the smallest and lightest car in Suzuki’s lineup. It comes with a 1.0-liter gasoline motor that produces 67 hp and 90 Nm of torque, which is enough for the purpose that this car was built for, and that is city driving. The Celerio is also equipped well enough with enough tech and features for driving in the city.
Toyota Wigo - P568,000
Toyota’s hatchback is a bestseller, and with good reason; it’s a good looking and well-equipped car backed by a solid reputation. Airbags, ABS, and seat belt reminders are standard, and you even get a funky exterior and easy to drive dimensions. The Wigo runs on a 1.0-liter gasoline engine that delivers 66 hp and 89 Nm of torque and is available in either a 5-speed manual or 4-speed automatic transmission.
Suzuki Dzire - P549,900
When it comes to affordable sedans, Suzuki has a formula. Starting at just a hair under P550,000, the Dzire features a 1.2-liter gasoline engine and some surprises even at its base variant which features a 5-speed manual. Upper trims can get an automatic gear shift (AGS) transmission which does work as a traditional automatic gearbox with a few quirks attached.
Changan Alsvin - P539,000
Another offering from a fairly new brand in the Philippines is the Changan Alsvin. What makes it a unique addition to the list, is that it is the only model where the top-of-the-line variant fits well within the allotted P700,000 budget. The Alsvin can be had with either a 1.4-liter or a 1.5-liter gasoline engine and comes with a range of features you wouldn’t normally expect to find in its class. Most notably the sedan in its top trim comes with a reverse camera, reverse sensors, a tire pressure monitoring system, a blind spot monitoring system, and even comes with cruise control. All these features plus its affordable price help make the sedan stand out amongst other choices available on the market.
Suzuki S-presso - P518,000
The smallest crossover in the Suzuki lineup, the S-presso features a 1.0-liter gasoline engine mated to a 5-speed manual transmission. There is only one variant of this entry-level car available, and it has similar underpinnings to the Suzuki Celerio, which also has the same engine running the show. The gasoline powerplant produces 67 hp and 90 Nm of torque. Ample enough for the size and weight of the car.
BAIC MZ40 - P488,000
With a seven-seater variant and a good amount of space, the BAIC MZ40 is one of the bigger vehicles in this list but is the most affordable consumer vehicle you can buy. This car is powered by a 1.2-liter gasoline engine mated to a five-speed manual transmission. Throw in dual sliding doors and you’ve got a capable family hauler for just under P500,000, and tops this list in terms of being the cheapest passenger car in the Philippines.
*These are the vehicle prices as of writing. All prices are subject to change without prior notice.