So you finally have your finances in order, and feel like it's time to buy yourself a brand-new car. What budget do you set for yourself? Sure, car loans are more flexible than ever, but you still don't want to overreach as it's the easiest way to earn yourself a visit from the repo man. Decisions, decisions.
If you're able to set aside around P13,000 a month for your vehicle, you'll already have a number of quality options available to you. With that in mind, we've compiled a short list of cars from a variety of segments which you can pay at more or less this rate over a span of five years. We've set the downpayment at 10% using the BPI loan calculator.
Sure, they say 13 is an unlucky number, but that's not exactly a superstition you'll want to build a budget around considering how reasonable the vehicles listed below are. Plus, some of these come with decent features and aren't even base models. Have a look and take your pick:
SRP: P688,888
Monthly: P13,153
SRP: P682,888
Monthly: P13,021
SRP: P659,000
Monthly: P12,582
SRP: P728,000
Monthly: P13,899
SRP: P685,000
Monthly: P13,079
SRP: P730,000
Monthly: P13,938
SRP: P630,000
Monthly: P13,861
SRP: P675,000
Monthly: P12,888
SRP: P698,000
Monthly: P13,327
SRP: P655,000
Monthly: P12,056
