Mini hatchbacks aren't just the most affordable cars in the local automotive ecosystem, they're also some of the most practical.
Few nameplates industry embody efficiency, practicality, and city-friendly better than tiny, maneuverable hatches like the Toyota Wigo, Kia Picanto and Hyundai Eon. They're budget-friendly, and they handily get occupants from point A to B--which is why you see so many of these vehicles plying Metro Manila's streets.
If you're on the hunt for a first car on a tight budget, then a mini hatchback might be the best option for you. Just how affordable are these tiny daily drivers these days? You can own one for as little as around P11,000 per month via auto financing.
In fact, there are still a handful of worthwhile hatches to consider at the P11,000 per month price point. Below are five of them from major manufacturers like Honda, Toyota, Hyundai and Suzuki.
Again, we used the BDO Auto Loan Calculator, and set it at 20% down payment and 60 months amortization. Take your pick:
Honda Brio 1.3 S MT
Price: P642,000
DP: P128,400
Monthly: P11,022
Kia Picanto 1.0 SL MT
Price: P635,000
DP: P127,000
Monthly: P10,902
Hyundai Eon 0.8 GLX MT w/ Android
Price: P526,000
DP: P105,200
Monthly: P9,030
Suzuki Celerio 1.0 GL CVT
Price: P598,000
DP: P119,600
Monthly: P10,266
Toyota Wigo 1.0 G AT
Price: P616,000
DP: P123,200
Monthly: P10,575
