Financial Blog

Cheap Car #1: Hyundai Eon
Starts at P508,000

First in our list is the popular Eon hatchback from Hyundai. With price tags starting at only P508,000, this hatchback has become one of the go-to cars of the young and value-minded market.

But the price tag isn’t the only great thing about the Eon. Despite its small body, the interior is unexpectedly spacious and can accomodate up to 5 people (with still room to spare for a few more luggage!). Powered by a 0.8L eco-friendly Epsilon engine, you also won’t have to worry about fuel-efficiency with this little car.

Cheap Car #2: Honda Brio
Starts at P585,000

Another hatchback on our list is the all-new Honda Brio—the company’s entry- level car launched this year. Don’t underestimate this little hatchback, though! With a 1.2L SOHC i-VTEC engine under its hood, the Brio is easily one of the most powerful and fuel-efficient vehicle in the small cars segment.

It also has no shortage of other important features. It’s equipped with dual SRS airbags, anti-locking brakes, multi-reflector halogen headlights, steering-wheel audio controls, and even a keyless entry system.

Cheap Car #3: Toyota Wigo
Starts at P586,000

With over 21,000 units sold last year, the Wigo is one of the best-selling cars in the country—and for a good reason! Even with its compact size, this hatchback is well-packed with essential features a modern-day driver usually looks for.

It has a roomy interior that can comfortably seat 5 people, airbags and anti-lock brake system for occupant protection, and even audio controls accessible on the steering-wheel.

Performance-wise, the Wigo sports a 1.0L VVT i-engine designed to give you an energetic and fuel-efficient drive.

Cheap Car#4: Kia Soluto
Starts at P625,000

When you think the sedan segment competition couldn’t get any tighter, another contender comes forth this year—this time from Kia Motors. As described by the company, their all-new Soluto aims to deliver “#AllKindsOfWow” to the market.

The exterior is designed with both aesthetics and functionality in mind and inside, the seats are comfortable with plenty of room to stretch. In the infotainment department, the Soluto boasts a 7-inch touchscreen compatible with Android Auto and Apple CarPlay, which you can easily integrate your smartphones with.

Power-wise, you can expect your ride to be extra exhilirating thanks to a highly efficient 1.4L Kappa Dual-CVVT gasoline engine.

Cheap Car #5: Hyundai Reina
Starts at P638,000

The Reina is Hyundai’s all-new contender in the subcompact sedan segment. Marked by the brand’s signature hexagonal grill and flowing body lines, the Reina is definitely one of the most affordable stylish cars you can get right now. But this sedan is not all about looks.

Under its sleek exterior is a wide-array of practical features such as a 1-DIN Radio (AM/FM) with USB connectivity, a 2.8 inch LCD cluster, and dual airbags and anti-lock brake system for safety. This new model is powered by a 1.4L petrol engine, which lets you reach up to 95PS for quick maneuverability.

Cheap Car #6: Toyota Vios
Starts at P659,000

Next in the list is the highly-acclaimed Toyota Vios. For ten consecutive years now, the subcompact sedan has consistently been the number one selling car in the country, and it’s not hard to imagine why.

The Vios simply excels in ways that matter.

Comfort-wise, many regard it as one of the comfiest cars you can get thanks to its superior cabin and storage space. Its infotainment system comes with a 7-inch touchscreen display with voice control and mirror functionalities, a CD/MP3 player with Bluetooth and USB, as well as an AM/FM radio. It also goes beyond the usual safety standards with its Dual SRS Airbags, Anti-Locking Brakes, Whiplash Injury Lesssening concept seats, Collision Safety body, and Child Restraint System. 

For power, Toyota’s dual VVT-i engine combines low fuel consumption with an energetic performance of 107bhp per 6,000rpm and 141N per 4,200rpm. Practically designed, feature-packed, and spacious, the Vios is a tried-and-tested vehicle that you’ll likely won’t regret getting.

Cheap Car #7: Mitsubishi Mirage G4
Starts at P695,000

If you want the body and extra trunk space of a sedan but would also like to keep the fuel-efficiency of a hatchback, then this one’s a no brainer. 

Like its hatchback counterpart, the G4 is powered by a 1.2L In-Line 3-cylinder DOHC MIVEC engine, making it consume significantly lesser fuel compared to other similar sedans. 

Its tech features aren’t too shabby either. It comes with a touchscreen display audio system, keyless entry, a rearview camera, and Smartphone Link Display Audio that’s compatible with Apple CarPlay and Android Auto.

On safety, it’s equipped with SRS airbags, emergency stop signal, and other standard features. Versatile, affordable, and fuel-efficient, the Mirage G4 definitely has the makings of a good investment.

Disclaimer: Car prices and rates may change without prior notice.