Your guide to the Philippines’ most budget-friendly cars in 2024

The benefits of having a car are obvious, but so is the cost, especially with prices rising yearly. So, if you are on the hunt for a new car but worried about the cost, you're not alone. Car prices seem to go up often, making it seem like cheap cars are a thing of the past. But actually, there’s a whole bunch of affordable cars out there. They’re not just limited to the simple models either. All these options are yours for under ₱1 million. Whether it's your very first car or just an extra one for the family, here are the most budget-friendly cars you can find in the Philippines in 2024.


Starting off the list with the most budget-friendly MPV around; meet the Kaicene Honor S. Starting at just P515,000, this compact yet spacious vehicle offers seating for up to eight passengers, making it an excellent choice for families or small businesses. What's more, it doesn't skimp on features—you get a 10-inch touchscreen and Bluetooth connectivity right off the bat.

If you are wondering why you should pick this car outside its cheap price tag, well, it comes with a strong 1.5-liter engine that delivers a practical balance of power (104 hp) and torque (145 Nm), all managed by a 5-speed manual transmission. Not only is it affordable, but its fuel efficiency and low maintenance costs make it a sensible choice for budget-conscious buyers. Plus, its sliding rear doors make loading passengers and cargo a breeze, adding to its practicality.


Moving on to an affordable, stylish, and reliable sedan, the Tata Indigo checks all these boxes and more. Priced at just P535,000, it offers a 1.4-liter diesel engine that not only delivers 70 horsepower but also excels in fuel efficiency, perfect for both city driving and longer family trips.

What makes the Indigo a worthy buy is that it comes equipped with creature comforts like power windows, central locking, and a sporty steering wheel. Safety isn't overlooked either, with dual front airbags and anti-lock braking systems standard. This car is an ideal match for anyone wanting a durable and economical vehicle without stretching their budget.


Now, if you think small crossovers aren't affordable, the JAC S1 will make you think again as it challenges this notion with its peppy design and impressive features, all for P585,000. Its standout hydrodynamic body and suspended roof design do not just exist for looks—they enhance aerodynamics too. Plus, its compact size doesn't stop it from delivering on performance with a 1.3-liter engine that's perfect for urban adventures.

Those who love technology will appreciate the 7-inch touchscreen and intelligent voice system, making each drive as enjoyable as it is comfortable. And with a price tag under P600,000, it's hard to find a better value in the subcompact crossover market.


Toyota Wigo, anyone? Of course, we would not miss this Philippine-favorite car. The entry-level hatchback is ideal for young professionals or first-time car buyers. With a starting price of P609,000, the Wigo offers a youthful vibe with its sporty front and efficient space utilization inside. Its small size makes it perfect for navigating tight city streets and finding parking spots in bustling areas.

Despite its small size, it packs a 1.0-liter gasoline engine that's both strong and fuel-efficient, making it economical for daily commuting. With the latest infotainment features, including Apple CarPlay and Android Auto, the Wigo is as connected as it is practical. Plus, its safety features like hill-start assist and ABS guarantee a secure ride, making it a top pick for cost-effective car seekers.


A compact hatchback that's both affordable and high-riding while at the same time providing an energy boost while driving- like it's living up to its name? We're clearly talking about the Suzuki S-Presso! The vehicle stands out with its vigorous ground clearance and a price tag that starts at just P620,000. It's the perfect car for those who face potholed roads but still want a vehicle that is easy on the wallet.

Beyond its appealing price, it offers a 1.0-liter engine that strikes the right balance between performance and fuel economy. Its manual transmission makes it fun to drive, while the high seating position provides a great view of the road. It's the ideal vehicle for metropolitan road takers looking for a stylish, practical, and economical ride.


Who doesn't want a touch of luxury without breaking the bank, especially when it's a subcompact sedan, right? The Changan Alsvin could be your perfect match, starting at just P654,000. It's not just the most budget-friendly option in Changan's lineup; it's a sedan filled with features like a sunroof, leather seats, and modern tech, including a 7-inch infotainment system and rearview camera.

The Alsvin 1 offers not one but two engine options—1.4-liter and 1.5-liter—paired with manual or 5-speed DCT transmissions, making sure you get a ride that's both smooth and responsive. Whether you're commuting daily or heading out on weekend adventures, the Alsvin delivers comfort, style, and efficiency, making it a standout choice in its price range.


The MG 3 proves that you don't have to compromise on style or features, even when you're on a budget. Priced attractively for those seeking a compact yet chic vehicle, the MG3 fits perfectly into the city with its modern design and efficient performance.

What makes the MG 3 appealing is that it is equipped with a range of engine options that offer a balance of power and fuel economy. The interior is just as impressive, featuring a touchscreen infotainment system that supports Android Auto and Apple CarPlay for seamless connectivity. Regardless if you're in for a quick city driving or an occasional road trip, the MG 3 offers a dynamic driving experience that's hard to beat in its class.


The Suzuki Celerio steps up as a subcompact hatchback, offering exceptional value. Starting at P708,000, it's made to maximize interior space without compromising on exterior dimensions, making it ideal for driving around congested city streets.

The car is powered by a 1.0-liter engine that is not only fuel-efficient but also provides enough "boost" for city driving. The updated design and increased dimensions mean more room inside for passengers and cargo alike. Plus, with the latest tech features and safety systems, the Celerio guarantees you get a comfortable and secure ride, making it a practical choice for those who need a reliable and economical vehicle.


You can refer to this next car as the go-to option for families looking for a car that offers both economy and practicality. Yes, it's the Mitsubishi Mirage! With a starting price of P711,000, it's one of the most accessible cars in the subcompact hatchback segment.

What's to love about the Mirage? Well, for starters, it features a fuel-efficient 1.2-liter engine that ensures low running costs. Inside, the Mirage is surprisingly spacious, offering a comfortable ride with adequate tech amenities for entertainment and connectivity. It's also an ideal choice for buyers who are looking for a reliable and cost-effective car with the backing of a strong brand reputation.

kia soluto

Rounding out our list is the Kia Soluto, a subcompact sedan that competes with big names like the Toyota Vios and Honda City but comes at a more wallet-friendly price. Priced between Php 780,000 to Php 915,000, the Soluto is part of Kia Motors Philippines’ lineup under its new management by AC Industrials, a subsidiary of Ayala Corporation. 

Why should you consider the Kia Soluto? Well, it starts with its eye-catching front design. The car has the recognizable Kia tiger-nose grille connected to curved front headlamps, and a body with clean lines that give it a neat, simple look at the back—similar to what you see on the Kia Picanto. Inside, the higher-end versions come with leatherette seats, which feel a bit luxurious, while the basic versions offer durable fabric seats. Every Soluto comes with a handy 7-inch infotainment system that includes Apple CarPlay and Android Auto, a rearview camera, and controls on the steering wheel for easier access. Basically, if you’re looking for a car that’s affordable and keeps you well-connected and comfy on the road, the Soluto might just be what you need.

Getting a new car doesn't always mean breaking the bank. Despite rising prices, the Philippines offers a variety of affordable options, and they're not limited to just the basics! If you're curious about other cars, you can browse more options and get detailed guides at AutoDeal. Don’t forget to request a quote for any car that grabs your attention.

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