Filipinos are still buying cars despite the pandemic—perhaps not as much as they were before COVID-19 hit, but the market is there nonetheless. You needn’t look further than the local auto industry’s first-half sales tally for 2021 for proof.
That said, all the uncertainty surrounding the economy right now has caused many car buyers to make adjustments to their budgets. Being more mindful of how much a car costs, however, doesn’t necessarily mean you need to move down from the segment of your choice. You just need to know where to look.
When it comes to small crossovers, for example, there are still quite a few options available at around the P15,000-per-month mark. Below are some such vehicles we found with some help from the BPI Auto Loan Calculator, with a 15% down payment and 60-month installment plugged in.
Some of the choices below actually come from major local brands, like the Kia Stonic and the Suzuki S-Presso. You also have Chinese models like the Chery Tiggo 2 and the JAC S2. And if you’re willing to go a smidge over P15,000, the likes of the MG ZS and the larger Chery Tiggo 5X are still available.
Take your pick below:
1) Kia Stonic 1.4 LX MT
Price: P735,000
15% down payment: P110,250
Monthly (60 months): P13,563/mo
2) Chery Tiggo 2 1.5 AT
Price: P770,000
15% down payment: P115,500
Monthly (60 months): P14,209
3) JAC S2 1.5 VVT CVT
Price: P798,000
15% down payment: P119,700
Monthly (60 months): P14,725
4) Suzuki S-Presso 1.0 GL MT
Price: P523,000
15% down payment: P78,450
Monthly (60 months): P9,651
Read the review here.
5) Chery Tiggo 5X 1.5 MT
Price: P818,000
15% down payment: P122,700
Monthly (60 months): P15,094
6) MG ZS 1.5 Style MT
Price: P818,888
15% down payment: P122,833
Monthly (60 months): P15,111
