Here are some of the most affordable models for 2023

Not all car buyers have deep pockets, so it’s only normal to consider affordable options when browsing through the many nameplates that various brands offer in the Philippines.

Join us as we take a look at some of the most affordable models in the country.

Compact hatchback

Compact hatchbacks are arguably one of the most budget-conscious cars you can get. They’re relatively small, and offers advantage when driving in tight and narrow city roads.

At the time of writing, the Toyota Wigo is one of the good considerations in the segment.

Its entry-level variation wears a price tag of P609,000 and comes with decent features like a three-cylinder 1.0-liter engine mated to a five-speed manual.

The vehicle can be had with 14-inch wheels, single DIN audio with Bluetooth and USB connectivity as well as fabric seats.

Compact sedan

The Suzuki Dzire is one of the alternatives under the compact sedan segment in the local market.

Suzuki’s offering allows owners to enjoy a considerable cargo space while reaping the benefits of a fuel-efficient engine.

Pricing for the Suzuki Dzire starts at P609,000 — just like the aforementioned Toyota Wigo.

Crossover

Those who want a vehicle that drives like a sedan but offers more interior space often look onto the country’s crossover segment.

Here, a budget-friendly choice would be the Toyota Raize.

With a sticker price that starts at P751,000, car buyers can get a 1.2-liter naturally-aspirated gasoline mill paired with a five-speed manual gearbox.

Subcompact sedan

Subcompact sedans offer many car buyers an affordable option for a small family.

One of the highly-considered subcompact sedan local is the Toyota Vios, which has an entry-level variant that wears has a sticker price of P732,000.

The ever-popular nameplate’s lowest variant offers a reliable 1.3-liter gasoline engine mated to a five-speed manual slushbox.

MPV

Filipino car buyers looking for a ride that can seat a family of seven might want to check out the multi-purpose vehicle (MPV) segment.

At the time of publishing, the MPV with a low price tag in the Philippines is the Toyota Avanza.

The seven-seater has a base price of P833,000 and is outfitted with decent features like a 1.3-liter engine married to a five-speed manual transmission.

Pick-up truck

Car buyers who want to drive a vehicle that has enough seating for four (or five) passengers with a bed for hauling light loads frequent the Philippine pickup truck segment.

At the moment, the truck with the lowest price tag is the fleet version of the Toyota Hilux.

Offering beefy and dependable features like a 2.4-liter diesel engine paired with a five-speed manual transmission. It may lack the bells and whistles offered by fancy models but it definitely gets the job done.

The Toyota Hilux J 4x2 trim  is priced at P989,000.

Midsize SUV

The highly-contested midsize sport utility vehicle (SUV) category we can find at the moment is the Geely Okavango.

Isuzu's midsize SUV is priced at only P1.523 million. The vehicle allows its owners to enjoy a solid 1.5-liter gasoline engine and modern interior features like a 10.25-inch infotainment system.

Final thoughts

The country’s local automotive scene has some good affordable options for car buyers looking to get their money’s worth. This only proves that owning a vehicle should not cost a prospective buyer an arm and a leg.

The abovementioned cars might just be the ones penny-pinching buyers are looking for.

Photos from Toyota Motor Philippines, Ruben Manahan IV, and Hazel Nicole Carreon

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