21 Cheapest Cars in the Philippines You Can Buy in 2021

Published: January 15, 2021 | Updated: June 15, 2021 | Posted by: Moneymax | Personal Finance


Cheapest Cars in the Philippines 2021 | Moneymax

What vehicle can you buy with PHP 1 million or less nowadays? With high car prices in the Philippines driving buyers crazy, you’d think that your options for the cheapest cars in the Philippines are now limited.

However, you’ll be surprised by the numerous choices—including hatchbacks, sedans, multi-purpose vehicles (MPVs), sport utility vehicles (SUVs), and pick-up trucks—from various automakers.

Looking for an affordable vehicle for driving to work or taking your family to road trips? Here are cheap cars available for sale in the Philippines for 2021 along with their prices.

Cheapest Cars in the Philippines Under P700,000

Toyota Wigo

cheapest cars in the philippines under 700k - toyota wigo

For young professionals looking to buy their first car, Toyota’s entry-level hatchback makes a great choice. Its built is ideal for city driving, helping you easily navigate through the traffic. While obviously smaller than a sedan, it can accommodate up to five passengers, making it the perfect ride for quick getaways with family or friends outside the city.

Toyota Wigo Prices:

  • 1.0E MT: PHP 568,000
  • 1.0G MT: PHP 623,000
  • 1.0G AT: PHP 658,000
  • 1.0 TRD S AT: PHP 700,000

Key Specs of the Toyota Wigo:

  • Body type: Hatchback
  • Seating capacity: Five
  • Transmission type: Manual or Automatic
  • Engine: In-line 3-cylinder, 12-valve DOHC with VVT-I, 998 cc (1.0L)
  • Performance: 65hp at 6,000rpm and 89Nm at 4,400rpm
  • Fuel type: Gasoline

Also read: Toyota Car Insurance Cost in the Philippines

Suzuki Celerio

Cheapest Cars in the Philippines Under P700,000 - Suzuki Celerio

Another car that’s perfect for your PHP 700,000 and under budget is the subcompact hatchback from Suzuki, the Suzuki Celerio. The newest version of Celerio is quite bigger than its predecessor, giving you more room and space. Just like Wigo, Celerio is perfect for urban driving and quick weekend getaways near the city, making it one of the most practical yet cheapest cars in the Philippines for 2021.

Suzuki Celerio Prices:

  • GL 1.0 MT: PHP 558,000
  • GL 1.0 CVT: PHP 628,000

Key Specs of the Suzuki Celerio:

  • Body type: Hatchback
  • Seating capacity: Five
  • Transmission type: Manual or CVT
  • Engine: 3-cylinder 12-valve DOHC, 998 cc (1.0L)
  • Performance: 67hp at 6,000rpm and 90Nm at 3,500rpm
  • Fuel type: Gasoline

Read more: Toyota Wigo vs. Hyundai Eon: Choosing the Ideal Mini Hatchback

Suzuki Dzire

Cheapest Cars in the Philippines Under P700,000 - Suzuki Dzire

While Suzuki is famed for its hatchbacks and small cars, the Japanese automaker has sedans that are not just stylish but are also packed with features. Just look at the Suzuki Dzire, which boasts a simple yet sleek body, an improved K12M engine designed for increased fuel efficiency, and even an infotainment system. If you want to foray into the world of sedans, Dzire can be part of your list of cheapest sedans in the Philippines.

Suzuki Dzire Prices:

  • GA 1.2 MT: PHP 549,900
  • GL 1.2 MT: PHP 638,000
  • GL + 1.2 Auto Gear Shift: PHP 698,000

Key Specs of the Suzuki Dzire:

  • Body type: Sedan
  • Seating capacity: Five
  • Transmission type: Manual or AGS (Auto Gear Shifting)
  • Engine: 4-cylinder, 16-valve DOHC, 1,197 cc (1.2L)
  • Performance: 82hp at 6,000rpm and 113Nm at 4,200rpm
  • Fuel type: Gasoline

JAC S1

Cheapest Cars in the Philippines Under P700,000 - Jac S1

A crossover SUV for a price that’s under PHP 700,000? Sounds too good to be true, but it’s true! Chinese automaker JAC Motors seems to have designed this car to make you feel like you’re driving a large SUV. If you’re looking for a vehicle that has certain qualities of an SUV and a hatchback, this one’s for you.

Jac S1 Price: PHP 585,000

Key Specs of the JAC S1:

  • Body type: Compact crossover SUV
  • Seating capacity: Five
  • Transmission type: Manual
  • Engine: 4-cylinder, 16-valve DOHC, 1,332 cc (1.3L)
  • Performance: 99hp at 6,000rpm and 126Nm at 4,000rpm
  • Fuel type: Gasoline

Read more: 7 Surprising Ways to Save on Car Insurance

JAC J4

cheapest cars in the philippines under 700k - jac j4

Simplicity is beauty and it seems this is the philosophy behind the design of JAC J4, an entry-level subcompact sedan from JAC Motors. While its appeal can be compared to the elegance of Euro-made cars, its price tag is just under PHP 700,000 – definitely one of the cheapest sedans in the Philippines.

Jac J4 Prices:

  • JAC J4 VVT MT: PHP 670,000
  • JAC J4 1.5 VVT CVT: PHP 720,000

Key Specs of the JAC J4:

  • Body type: Sedan
  • Seating capacity: Five
  • Transmission type: Manual or CVT
  • Engine: 4-cylinder, 16-valve DOHC, 1,499 cc (1.5L)
  • Performance: 111hp at 6,000rpm and 146 Nm at 4,000rpm
  • Fuel type: Gasoline

Get car insurance through Moneymax!

Cheapest Cars in the Philippines Under P1,000,000

Suzuki APV

cheap cars philippines 2021 - suzuki apv

For a practical driver who wants to have versatile uses for their car, the Suzuki APV (All-Purpose Van) is worth looking at. Its large and boxy body already gives you a hint of how generous its interior space is. One of the cheapest vans in the Philippines, the Suzuki APV can accommodate up to 8 people, making it a great vehicle for families. You can also use it for delivering your business goods or as a rental vehicle.

Suzuki APV Prices:

  • GA 1.6 MT: PHP 593,000
  • GLX 1.6 MT: PHP 813,000

Key Specs of the Suzuki APV:

  • Body type: Compact MPV
  • Seating capacity: Eight
  • Transmission type: Manual
  • Engine: 4-cylinder, 16-valve SOHC, 1,590 cc (1.6L)
  • Performance: 91hp at 5,750rpm and 127Nm at 4,500rpm
  • Fuel type: Gasoline

Read more: 11 Car Care Tips to Protect Your Vehicle During Typhoon Season

KIA Picanto

cheap cars philippines 2021 - kia picanto

When you see a Picanto, you can easily associate it with chicness and unabashed youthfulness. Its third-generation model follows the Picanto line’s tradition, but with a few key changes, most notably the sharper headlights. Other than its looks, the chassis has also been improved, giving drivers a more balanced driving experience. Not bad as one of the cheapest cars in the Philippines for 2021.

KIA Picanto Prices:

  • 1.0 LX MT: PHP 590,000
  • 1.0 LX AT: PHP 635,000
  • 1.2 EX MT: PHP 700,000
  • 1.2 EX AT: PHP 745,000

Key Specs of the KIA Picanto:

  • Body type: Hatchback
  • Seating capacity: Five
  • Transmission type: Manual or Automatic
  • Engine: In-line 3-cylinder, 12-valve, 998 cc (1.0L)
  • Performance: 66hp at 5,500rpm and 95Nm at 3,750rpm
  • Fuel type: Gasoline

Read more: Got you Covered: The 5 Most Insured Cars in the Philippines

Honda Brio

cheap cars philippines 2021 - honda brio

If you’re after a hatchback with a sporty vibe and an attitude, then the Honda Brio may be the best choice. It has a compact body and silhouette, but it manages to capture the appeal of the Toyota Jazz, another popular nameplate from the Japanese automaker. While it may be Honda’s smallest car model, it can comfortably seat up to five passengers.

Honda Brio Prices:

  • 1.2 S MT: PHP 601,000
  • 1.2 V CVT: PHP 661,000
  • 1.2 RS CVT: PHP 730,000
  • 1.2 RS Black Top CVT: PHP 735,000

Key Specs of the Honda Brio:

  • Body type: Hatchback
  • Seating capacity: Five
  • Transmission type: Manual or Automatic
  • Engine: 16-valve, 4-cylinder SOHC i-VTEC, 1,199 cc (1.2L)
  • Performance: 89hp at 6,000rpm and 110Nm at 4,800rpm
  • Fuel type: Gasoline

Also read: How Much Does Honda Car Insurance Cost in the Philippines?

Hyundai Reina

cheap cars philippines 2021 - hyundai reina

Hyundai’s subcompact sedan is a great car for first-time drivers who always bring a lot of things with them. Why? It has plenty of space inside, including the trunk. Its firm suspension system makes it possible to have a comfy ride. With a price of even below PHP 800,000, it’s indeed one of the cheapest cars in the Philippines.

Hyundai Reina Prices:

  • 1.4 GL 5MT: PHP 683,000
  • 1.4 GL 5MT (with AVN – Apple CarPlay and Android Auto): PHP 733,000
  • 1.4 GL 4AT: PHP 733,000
  • 1.4 GL 4AT (with AVN – Apple CarPlay and Android Auto): PHP 783,000

Key Specs of the Hyundai Reina:

  • Body type: Sedan
  • Seating capacity: Five
  • Transmission type: Manual or Automatic
  • Engine: 4-cylinder, 16-valve, 1,368 cc (1.4L)
  • Performance: 94hp at 6,000 rpm and 132Nm at 4,000 rpm
  • Fuel type: Gasoline

Nissan Almera

cheap cars philippines 2021 - nissan almera

Nissan Almera proves that a sophisticated and classy car does not have to be very expensive. Just like its exterior, the interiors are also sleek and comfortable. This head-turner of a car is also a smooth drive for beginners and first-time car owners.

Nissan Almera Prices:

  • 1.2 MT: PHP 657,000
  • 1.5 E MT: PHP 735,000
  • 1.5 N-Sport MT: PHP 735,000
  • 1.5 E AT: PHP 824,000
  • 1.5 N-Sport AT: PHP 890,000
  • 1.5 VL AT: PHP 933,000

Key Specs of the Nissan Almera:

  • Body type: Sedan
  • Seating capacity: Five
  • Transmission type: Manual or Automatic
  • Engine: In-line 3-cylinder DOHC, 12-valve, 1,198 cc (1.2L)
  • Performance: 78hp at 6,000rpm and 106Nm at 4,400rpm
  • Fuel type: Gasoline

Toyota Vios

cheap cars philippines 2021 - toyota vios

There’s a reason why Vios is one of the best-selling subcompact sedans in the Philippines. Other than being one of the cheapest cars in the Philippines, it offers a great driving performance for its price. It has generous interior and trunk space, making it a popular choice among families. Its recognizable body and silhouette is both beautiful and functional, easily commanding the love of Filipino drivers.

Toyota Vios Prices:

  • 1.3 Base MT: PHP 671,000
  • 1.3 J MT: PHP 697,000
  • 1.3 XE CVT: PHP 747,000
  • 1.3 XLE MT: PHP 791,000
  • 1.3 XLE CVT: PHP 841,000
  • 1.3 E MT: PHP 841,000
  • 1.3 E CVT: PHP 891,000
  • 1.5 G MT: PHP 997,000

Key Specs of the Toyota Vios:

  • Body type: Sedan
  • Seating capacity: Five
  • Transmission type: Manual or CVT
  • Engine: In-line 4-cylinder, 16-valve DOHC, 1,329 cc (1.3L)
  • Performance: 98hp at 6,000rpm and 123Nm at 4,200rpm
  • Fuel type: Gasoline

Chevrolet Spark

cheap cars philippines 2021 - chevrolet spark

Subcompact hatchbacks have a strong market here in the Philippines, and the Chevrolet Spark is Chevrolet’s response to such a demand. Other than its unique and fresh look, the Chevrolet Spark can comfortably seat up to five passengers, and it has decent security features, such as power door locks and a central locking system. It even features Android Auto and Apple CarPlay for easier car-mobile device integration.

Chevrolet Spark Prices:

  • 1.4 LT MT: PHP 694,888
  • 1.4 CVT: PHP 734,888

Key Specs of the Chevrolet Spark:

  • Body type: Hatchback
  • Seating capacity: Five
  • Transmission type: Manual or CVT
  • Engine: 4-cylinder, 16-valve DOHC, 1,399 cc (1.4L)
  • Performance: 98hp at 6,200rpm and 128Nm at 4,400rpm
  • Fuel type: Gasoline

Mitsubishi Mirage

cheap cars philippines 2021 - mitsubishi mirage

A hatchback with a sporty and more streamlined look, Mitsubishi Mirage features a generous cabin space and tech features that make driving it a joy. It has a GPS navigation system and improved safety features, which include the Radar Sensing Misacceleration Mitigation System-forward (RMS-FORWARD); the said system helps prevent sudden starts.

Mitsubishi Mirage Prices:

  • Mirage MT: PHP 704,000
  • Mirage CVT: PHP 765,000

Key Specs of the Mitsubishi Mirage:

  • Body type: Hatchback
  • Seating capacity: Five
  • Transmission type: Manual or CVT
  • Engine: In-line 3-cylinder, 12-valve DOHC, 1,193 cc (1.2L)
  • Performance: 77hp at 6,000rpm and 100Nm at 4,000rpm
  • Fuel type: Gasoline

Also read: How Much Does Mitsubishi Car Insurance Cost in the Philippines?

Toyota Avanza

cheap cars philippines 2021 - toyota avanza

The Avanza, which is Toyota’s small multi-purpose vehicle, is the perfect representation of style, practicality, and affordability. This seven-seater car is a popular choice among families and even businesspeople. While its utility is truly MPV in nature, its look has already departed from its curvy aesthetics and is now boasting a muscular and stylish façade.

Toyota Avanza Prices:

  • 1.3 J MT: PHP 743,000
  • 1.3 E MT: PHP 876,000
  • 1.3 E AT: PHP 919,000

Key Specs of the Toyota Avanza:

  • Body type: MPV
  • Seating capacity: Seven
  • Transmission type: Manual or Automatic
  • Engine: In-line 4-cylinder, 16-valve DOHC, 1,329 cc (1.3L)
  • Performance: 95hp at 6,000rpm and 121Nm at 4,400rpm
  • Fuel Type: Gasoline

Mitsubishi Mirage G4

cheap cars philippines 2021 - mitsubishi mirage g4

If you love the Mitsubishi Mirage but also want a much bigger space, just upgrade to Mirage G4. This is Mitsubishi’s entry to the subcompact sedan competition in the country. While it looks sporty and ready to race down the road, Mirage G4 is actually fuel-efficient, making it a value-for-money choice for car buyers looking for the cheapest cars in the Philippines.

Mitsubishi Mirage G4 Prices:

  • GLX 1.2 MT: PHP 735,000
  • GLX 1.2 CVT: PHP 785,000
  • GLS 1.2 CVT: PHP 869,000

Key Specs of the Mitsubishi Mirage G4:

  • Body type: Subcompact sedan
  • Seating capacity: Five
  • Transmission type: Manual or Automatic
  • Engine: In-line 4-cylinder, 12-valve DOHC, 1,193 cc (1.2L)
  • Performance: 77hp, 100Nm
  • Fuel type: Gasoline

Hyundai Accent

cheap cars philippines 2021 - hyundai accent

Another value-for-money sedan in this list comes from the Korean carmaker, Hyundai. Accent’s most recent design features the “Cascading Grille”, which is the brand’s signature aesthetics. The interiors are equally sophisticated, and its 1.6-liter engine is a testament to its power.

Hyundai Accent Prices:

  • 1.4 GL MT (without airbags): PHP 790,000
  • 1.4 GL AT (without airbags): PHP 838,000
  • 1.4 GL MT (with airbags): PHP 838,000
  • 1.4 GL AT (with airbags): PHP 890,000
  • 1.4 GL-V 6MT: PHP 898,000
  • 1.6 CRDi GL 6MT (Dsl): PHP 910,000
  • 1.4 GLS-V 6AT: PHP 970,000

Key Specs of the Hyundai Accent:

  • Body type: Sedan
  • Seating capacity: Five
  • Transmission type: Manual or Automatic
  • Engine: 4-cylinder, 16-valve, 1,368 cc (1.4L)
  • Performance: 99hp at 6,000rpm and 132Nm at 4,000rpm
  • Fuel type: Gasoline

Chevrolet Sail

cheap cars philippines 2021 - chevrolet sail

A common impression about Chevrolet is that its cars are expensive – only if you talk about Camaro or Corvette! Chevrolet features the Sail, which is the carmaker’s entry to the subcompact sedan category. It is among the most affordable cars from Chevy. So, if you’re looking to buy a cheap car in the Philippines with a spacious cabin and is fuel-efficient, you may want to try this one out.

Chevrolet Sail Prices:

  • 1.3 LT MT: PHP 791,888
  • 1.5 LT AT: PHP 865,888
  • 1.5 LTZ AT: PHP 917,888

Key Specs of the Chevrolet Sail:

  • Body type: Subcompact sedan
  • Seating capacity: Five
  • Transmission type: Manual or Automatic
  • Engine: 4-cylinder, 16-valve DOHC, 1,349 CC (1.3L)
  • Performance: 100hp at 6,000rpm and 127Nm at 4,000rpm
  • Fuel type: Gasoline

Honda City

cheap cars philippines 2021 - honda city

A list of cheapest cars in the Philippines won’t be complete without the Honda City. A versatile sedan that is reminiscent of Honda’s bigger cars, such as Civic and Accord, the City is one of the most loved cars in the Philippines – and it’s now in its fifth generation! The newest City has spacious interiors and is loaded with tech features. It is equipped with a touchscreen infotainment system, AppleCarplay, and Android Auto. Pretty cool, huh?

Honda City Prices:

  • 1.5 S MT: PHP 848,000
  • 1.5 S CVT: PHP 888,000
  • 1.5 V CVT: PHP 978,000

Key Specs of the Honda City:

  • Body type: Subcompact sedan
  • Seating capacity: Five
  • Transmission type: Manual or CVT
  • Engine: In-line 4-cylinder, 16-valve engine DOHC, 1,498 cc (1.5L)
  • Performance: 120hp at 6,600rpm and 145Nm at 4,300rpm
  • Fuel type: Gasoline

Toyota Hilux

cheap cars philippines 2021 - toyota hilux

Because of its heritage and reputation for being tough, one may think that the Toyota Hilux is pricey. But this pick-up proves you wrong, as its base model is just priced under PHP 1,000,000. It’s not just a spacious car – it’s also powerful, making it an ideal vehicle for travel and business.

Toyota Hilux Prices:

  • 2.4 4X2 Cab & Chassis MT: PHP 843,000
  • 2.4 J 4X2 MT: PHP 952,000

Key Specs of the Toyota Hilux:

  • Body type: Pick-up
  • Seating capacity: Five
  • Transmission type: Manual
  • Engine: 4-cylinder, 16-valve DOHC, 2,393 cc (2.4L)
  • Performance: 148hp at 3,400rpm and 343Nm at 1,400-2,800rpm
  • Fuel type: Diesel

Honda Jazz

cheap cars philippines 2021 - honda jazz

Tiny cars can be stylish too, and the Honda Jazz is the best proof of that. With its small size, the Jazz comes with a spacious interior, a capable engine, and a car price tag that won’t break the bank.

Honda Jazz Prices:

  • 1.5 V CVT: PHP 918,000
  • 1.5 VX Navi CVT: PHP 999,000

Key Specs of the Honda Jazz:

  • Body type: Hatchback
  • Seating capacity: Five
  • Transmission type: 5-speed manual/CVT
  • Engine: 1.5L SOHC i-VTEC 4 cylinder, 16-valve
  • Performance: 120hp at 6,600rpm and 145Nm at 4,800rpm
  • Fuel type: Gasoline

Ford EcoSport

cheap cars philippines 2021 - ford ecosport

Versatility is Ford EcoSport’s middle name, as it’s perfect for city driving and even long drives to the country. And because Ford is all about toughness and stability, you can expect that it’ll give you good driving dynamics, thanks to its sturdy suspension.

Ford EcoSport Prices:

  • 1.5L Ambiente MT: PHP 920,000
  • 1.5L Trend MT: PHP 938,000
  • 1.5L Trend AT: PHP 998,000

Key Specs of the Ford EcoSport:

  • Body type: Subcompact crossover
  • Seating capacity: Five
  • Transmission type: Manual
  • Engine: 4-cylinder, 16-valve, 1,498 cc (1.5L)
  • Performance: 121hp at 6,500rpm and 150Nm at 4,500rpm
  • Fuel type: Gasoline

Get a Free Car Insurance Quote!

Have you decided on the car you want to purchase? Don’t forget about auto insurance! Below is a list of top car insurance companies and their features. Compare your options and get a free quote from Moneymax.

Car Insurance CompanyFeatures
MAPFRE Insular

Get Free Quote
  • 10 years of casa eligibility
  • 366 accredited repair shops
  • PHP 5,000,000 maximum total sum insured
  • Overnight accommodation - Yes, up to PHP 3,000
  • Towing - Yes, up to PHP 5,000
  • Vehicle removal crane services - Yes, up to PHP 10,000
Malayan Insurance

Get Free Quote
  • 3 years of casa eligibility
  • 58 casa repair shops
  • PHP 7,500,000 maximum total sum insured
  • Overnight accommodation - Yes, up to PHP 1,000
  • Towing - Yes, up to PHP 4,000
  • Vehicle removal crane services - Yes, up to PHP 8,000
New India Assurance

Get Free Quote
  • 10 years of casa eligibility
  • 30 accredited repair shops
  • PHP 3,500,000 maximum total sum insured
  • Overnight accommodation - Yes, up to PHP 1,500
  • Towing - Yes, up to PHP 4,000
  • Vehicle removal crane services - Yes, up to PHP 10,000
Prudential Guarantee

Get Free Quote
  • 10 years of casa eligibility
  • PHP 3,000,000 maximum total sum insured
  • Overnight accommodation - Yes, up to PHP 2,000
  • Towing - Yes, up to PHP 5,500
  • Vehicle removal crane services - Yes, up to PHP 15,000
SGI Philippines

Get Free Quote
  • 5 years of casa eligibility
  • 36 accredited repair shops
  • PHP 5,000,000 maximum total sum insured
  • Overnight accommodation - Yes, up to PHP 2,000
  • Towing amount - Yes, up to PHP 5,000
  • Vehicle removal crane services - PHP 10,000
Stronghold Insurance

Get Free Quote
  • 10 years of casa eligibility
  • 167 accredited repair shops
  • PHP 3,000,000 maximum total sum insured
The Mercantile Insurance Corporation

Get Free Quote
  • 10 years of casa eligibility
  • 77 accredited repair shops
  • PHP 5,000,000 maximum total sum insured
  • Overnight accommodation - Yes, up to PHP 2,000
  • Towing - Yes, up to PHP 5,000
  • Vehicle removal crane services - Yes, up to PHP 10,000

Final Thoughts

May this list of the cheapest cars in the Philippines help you decide which vehicle to purchase. Remember that a car’s selling price vs. your budget is just one of the many considerations. You also have to consider the costs of owning a car as well as car insurance. Think wisely and good luck shopping!

Get the cheapest car insurance at Moneymax!

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