8 Subcompact sedans you can own for under P15,000 per month

Need a new daily driver?
by Drei Laurel | Mar 24, 2018


Subcompact sedans are supposed to be a go-to choice for car buyers looking for an affordable and reliable daily driver. But does this remain the case even after the recent implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law?

Apparently, the answer is yes. While many models--market giants Toyota Vios and Honda City included--saw a rise in price because of higher excise taxes, the jump in cost didn't necessarily put them outside the realm of affordability (save for maybe a handful of top-of-the-line variants). For the most part, the price increases were moderate.

So we set a humble P15,000 per month budget, and listed down eight potential subcompact sedans that fall into it. As usual, we had a little help from the BPI car loan calculator with the down payment set at 20% and 60 months amortization. Take your pick:

Suzuki Ciaz 1.4 GL AT

SRP: P785,000

Monthly: P13,400

 

Ford Fiesta 1.5 Trend AT (5-DR)

SRP: P805,000

Monthly: P13,741

 

Mitsubishi Mirage G4 GLS 1.2G CVT

SRP: P819,000

Monthly: P13,980

 

Nissan Almera 1.5 E AT

SRP: P824,000

Monthly: P14,066

 

Toyota Vios 1.3 E AT

SRP: P841,000

Monthly: P14,356

 

Mazda 2 S Sedan

SRP: P849,000

Monthly: P14,492

 

Honda City 1.5 E CVT

SRP: P857,000

Monthly: P14,629

 

Chevrolet Sail 1.5 LT AT

SRP: P865,888

Monthly: P14,781

 

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