It is a dream of many to have a car. Aside from the house, a car may be one of the most expensive buys of a person. In spite of the increasing oil prices as well as prices of cars due to taxes, still many people are interested in acquiring a car! Whether it is for personal or family use or for your growing business, undoubtedly, having a vehicle can make your life convenient and easy.
With the increase in almost all products and services nowadays, you may ask yourself, can I afford to buy a car? Or is there any affordable cars on the market that may suit my budget? Well, if you are a cost-conscious buyer and planning to buy a car, this post might help you. The following are 20 vehicles you can buy with your budget below P700,000 according to moneymax.ph!
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1. Tata Ace Cab and Chassis
For only P360,000 plus this Tata Ace is one of the cheapest vehicles you can have in the Philippines. The maker is Tata Motors, the largest automobile manufacturer in India!
Tata Ace Key Specifications
- Body type: Mini-truck
- Transmission type: Manual
- Engine: 0.7L 702 cc
- Performance: 16hp and 38Nm
- Fuel type: Diesel
- Fuel economy: 15.15 km/L
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2. Suzuki Alto 800
This is surprising for some. This Alto 800 is only less than P500,000. A practical choice for a family with five members!
Suzuki Alto 800 Key Specs

3. Suzuki Super Carry
It is an affordable utility vehicle you can have for less than P600,000. You can choose from a pick, a cargo van, and a utility van. Ideal for commercial use or for your business.
Suzuki Super Carry Key Specs
b. Utility van: Two (front) + 10 (rear)
For the price of half a million pesos plus, Hyundai Eon is an ideal car for budget-conscious and first-time buyers.
Hyundai Eon Key Specs
One of the cheapest in Toyota Model where you can choose from its four variants with a price of less than P700,000
Toyota Wigo Key Specs
One of the most fuel-efficient cars in the Philippines!
Suzuki Celerio Key Specs
The S1 is a product of JAC Motors, an automaker in China. This is also known as world's smallest crossover.
JAC S1 Key Specs
This is surprising for some. This Alto 800 is only less than P500,000. A practical choice for a family with five members!
Suzuki Alto 800 Key Specs
- Body type: Hatchback
- Seating capacity: Five
- Transmission type: Manual
- Engine: SOHC 3-cylinder 12-valve with displacement of 796 (0.8L) cc
- Performance: 47hp and 68Nm
- Fuel type: Gasoline
- Fuel economy: 24.81 km/L

3. Suzuki Super Carry
It is an affordable utility vehicle you can have for less than P600,000. You can choose from a pick, a cargo van, and a utility van. Ideal for commercial use or for your business.
Suzuki Super Carry Key Specs
- Body types: Pick-up / Cargo Van / Utility Van
- Seating capacity:
b. Utility van: Two (front) + 10 (rear)
- Transmission type: Manual
- Engine: 2-cylinder 0.8L turbocharged Euro 4 diesel
- Performance: 32hp and 75Nm
- Fuel type: Diesel
- Fuel economy: 19.19 km/L
- Pick-up: P489,000
- Cargo Van: P539,000
- Utility Van: P580,000
4. Hyundai Eon
For the price of half a million pesos plus, Hyundai Eon is an ideal car for budget-conscious and first-time buyers.
Hyundai Eon Key Specs
- Body type: Hatchback
- Seating capacity: Five
- Transmission type: 5-speed manual
- Engine: 0.8 L 814 cc 3-cylinder 12-valve
- Performance: 56hp and 75Nm
- Fuel type: Gasoline
- Fuel economy: 20.8 km/L
- 0.8 GLX 5MT: P508,000 / P526,000 (with Android AVN Unit)
- 0.8 GLX 5MT – CBU: P558,000.00 / P576,000 (with Android AVN Unit)
5. Toyota Wigo
One of the cheapest in Toyota Model where you can choose from its four variants with a price of less than P700,000
Toyota Wigo Key Specs
- Body type: Hatchback
- Seating capacity: Five
- Transmission type: Automatic and manual
- Engine: 3-cylinder in-line, 12-valve DOHC with VVT-I 998 (1.0L) cc
- Performance: 66hp and 89Nm
- Fuel type: Gasoline
- Fuel economy: 25.19 km/L
- 1.0E M/T: P542,000
- 1.0G M/T: P581,000
- 1.0G A/T: P616,000
- 1.0 TRD A/T: P681,000
6. Suzuki Celerio
One of the most fuel-efficient cars in the Philippines!
Suzuki Celerio Key Specs
- Body type: Hatchback
- Seating capacity: Five
- Transmission type: Manual or CVT
- Engine: DOHC 12-valve, 3-cylinder, 998 (1.0L) cc
- Performance: 67hp at 6,000rpm and 90Nm at 3,500rpm
- Fuel type: Gasoline
- Fuel economy: 29.14 km/L
- GL 1.0 MT: P558,000
- GL 1.0 CVT: P598,000
7. JAC S1
The S1 is a product of JAC Motors, an automaker in China. This is also known as world's smallest crossover.
JAC S1 Key Specs
- Body type: Compact crossover SUV
- Seating capacity: Five
- Transmission type: 5-speed manual
- Engine: 1.3L 1332 cc VVT
- Performance: 99hp at 6,000rpm and 126Nm at 4,000rpm
- Fuel type: Gasoline
- Fuel economy: 8-12 km/L
8.Suzuki APV
This is eight-seater all-purpose van is ideal for families.
Suzuki APV Key Specs
A car designed for city driving. Mitsubishi Mirage comes with a spacious cabin, attractive exterior, safety and high-tech features such as GPS navigation and keyless operation system.
Mitsubishi Mirage Key Specs
A Korean car model and considered to be the most fuel-efficient car in the Philippines.
Kia Picanto Key Specs
Equipped with Auto Gear Shift (AGS), a new type of transmission that provides the fuel efficiency of a manual and the convenience of an automatic.
Suzuki Dzire Key Specs
Designed for city driving. The Brio is the smallest and cheapest car model from Honda but comes with sporty styling and powerful engine.
Honda Brio Key Specs
The Almera 1.2 Base MT variant is Nissan’s cheapest car and the only model that costs less than PHP 700,000.
Nissan Almera Key Specs
This is eight-seater all-purpose van is ideal for families.
Suzuki APV Key Specs
- Body type: Compact multi-purpose vehicle
- Seating capacity: Eight
- Transmission type: 5-speed manual
- Engine: SOHC 16-valve, 4-cylinder 1,590 (1.6L) cc
- Performance: 91hp at 5,750rpm and 127Nm at 4,500rpm
- Fuel type: Gasoline
- Fuel economy: 11.24 km/L
- GA 1.6 MT: PHP 588,000
- Utility Van 1.6 M/T: PHP 660,000
9. Mitsubishi Mirage
A car designed for city driving. Mitsubishi Mirage comes with a spacious cabin, attractive exterior, safety and high-tech features such as GPS navigation and keyless operation system.
Mitsubishi Mirage Key Specs
- Body type: Hatchback
- Seating capacity: Five
- Transmission type: Five-speed manual / CVT
- Engine: 1.2L in-line 3-cylinder DOHC MIVEC (3A92)
- Performance: 78hp at 6,000rpm and 100Nm at 4,000rpm
- Fuel type: Gasoline
- Fuel economy: 10.6 km/L
- GLX 1.2 MT: PHP 630,000
- G4 GLX 1.2 MT: PHP 666,000
- GLX 1.2 CVT: PHP 688,000
10. Kia Picanto
A Korean car model and considered to be the most fuel-efficient car in the Philippines.
Kia Picanto Key Specs
- Body type: Hatchback
- Seating capacity: Five
- Transmission type: Manual / Automatic
- Engine: In-line 4 1,248cc 1.2L
- Performance: 84hp at 6,400rpm and 121Nm at 4,000rpm
- Fuel type: Gasoline
- Fuel economy: 29.23 km/L
- 1.0 SL MT: PHP 635,000
- 1.2 SL AT: PHP 696,000
11. Suzuki Dzire
Equipped with Auto Gear Shift (AGS), a new type of transmission that provides the fuel efficiency of a manual and the convenience of an automatic.
Suzuki Dzire Key Specs
- Body type: Sedan
- Seating capacity: Five
- Transmission type: Five-speed manual / Five-speed AGS
- Engine: K12M four-cylinder, 16-valve 1,197 cc
- Performance: 82hp at 6,000rpm and 13Nm at 4,200rpm
- Fuel type: Gasoline
- Fuel economy: 28.4 km/L
- GL 1.2 MT: PHP 638,000
- GL + 1.2 Auto Gear Shift: PHP 698,000
12. Honda Brio
Designed for city driving. The Brio is the smallest and cheapest car model from Honda but comes with sporty styling and powerful engine.
Honda Brio Key Specs
- Body type: Hatchback
- Seating capacity: Five
- Transmission type: 5-speed manual / 5-speed automatic
- Engine: SOHC i-VTEC 16-valve 4-cylinder 1,339 cc
- Performance: 100hp at 6,000rpm and 13Nm at 4,800rpm
- Fuel type: Gasoline
- Fuel economy: 12.99 km/L
- 1.3 S MT: PHP 642,000
- 1.3 S AT: PHP 681,000
13. Nissan Almera 1.2 Base MT
The Almera 1.2 Base MT variant is Nissan’s cheapest car and the only model that costs less than PHP 700,000.
Nissan Almera Key Specs
- Body type: Sedan
- Seating capacity: Five
- Transmission type: 5-speed manual
- Engine: In-line 3-cylinder DOHC, 12-valve, 1,198 (1.2L) cc
- Performance: 79hp and 106Nm
- Fuel type: Gasoline
- Fuel economy: 21.26 km/L
14. Toyota Vios
Second's best-selling model of Toyota, next to Fortuner. You can choose between two variants, the 1.3 base MT and 1.3J MT, both less than P700,000.
Toyota Vios Key Specs
15. Honda Brio Amaze 1.3 E MT
Second's best-selling model of Toyota, next to Fortuner. You can choose between two variants, the 1.3 base MT and 1.3J MT, both less than P700,000.
Toyota Vios Key Specs
- Body type: Sedan
- Seating capacity: Five
- Transmission type: 5-speed manual
- Engine: Dual VVT-i, 4-cylinder in-line DOHC 16-valve, 1,329 (1.3L) cc
- Performance: 98hp at 6,000rpm and 123Nm at 4,400rpm
- Fuel type: Gasoline
- 1.3 Base M/T: P659,000
- 1.3J M/T: P685,000
15. Honda Brio Amaze 1.3 E MT
Not to be confused with the Honda Brio, the Brio Amaze is a sedan, while the Brio is a hatchback. The 1.3 E MT is the only Brio Amaze variant priced below PHP 700,000.
Honda Brio Amaze 1.3 E MT Key Specs
16. JAC J4 1.5 VVT MT
This is a European-style car but with a price of less than P700,000.
JAC J4 1.5 VVT MT Key Specs
Honda Brio Amaze 1.3 E MT Key Specs
- Body type: Sedan
- Seating capacity: Five
- Transmission type: 5-speed manual
- Engine: SOHC i-VTEC 16-valve, 4-cylinder, 1,339 (1.3L) cc
- Performance: 100hp at 6,000rpm and 13Nm at 4,800rpm
- Fuel type: Gasoline
- Fuel economy: 20.37 km/L (city) / 33.88 km/L (highway)
16. JAC J4 1.5 VVT MT
This is a European-style car but with a price of less than P700,000.
JAC J4 1.5 VVT MT Key Specs
- Body type: Sedan
- Seating capacity: Five
- Transmission type: 5-speed manual
- Engine: VVT 1,499 cc
- Performance: 111hp at 6,000rpm and 146 Nm at 4,000rpm
- Fuel type: Gasoline
- Fuel economy: 16.95 km/L
17. Volkswagen Santana 1.4 MPI MT Trendline
The cheapest Volkswagen car model in the Philippines from a German car maker.
Volkswagen Santana 1.4 MPI MT Trendline Key Specs
The cheapest Volkswagen car model in the Philippines from a German car maker.
Volkswagen Santana 1.4 MPI MT Trendline Key Specs
- Body type: Sedan
- Seating capacity: Five
- Transmission type: 5-speed manual
- Engine: 4-cylinder, in-line 1,395 cc (1.4L)
- Performance: 90hp at 5,500rpm and 132Nm at 3,800rpm
- Fuel type: Gasoline
- Fuel economy: 8.72 km/L
18. Chevrolet Spark 1.4L LT MT
The Spark 1.4L LT MT is the cheapest Chevy model at less than PHP 700,000. It’s a simple hatchback that’s good enough for everyday driving around the city.
Chevrolet Spark 1.4L LT MT Key Specs

19. Hyundai Accent 1.4 GL 6MT
Chevrolet Spark 1.4L LT MT Key Specs
- Body type: Hatchback
- Seating capacity: Five
- Transmission type: 5-speed manual
- Engine: 1.4L DOHC L4 DVVT Ecotec, 1,399 cc
- Performance: 73/99hp at 6200 rpm and 94/128Nm at 4400rpm
- Fuel type: Gasoline
- Fuel economy: 23.81 km/L

19. Hyundai Accent 1.4 GL 6MT
The Accent sedan is a practical, value-for-money choice, having a stylish design and advanced technology for convenience and safety.
Hyundai Accent 1.4 GL 6MT Key Specs
- Body type: Sedan
- Seating capacity: Five
- Transmission type: 6-speed manual
- Engine: Kappa MPI Dual CVVT, 4-cylinder, 16-valve, 1,368 (1.4L) cc
- Performance: 100hp at 6,000rpm and 133Nm at 3,500rpm
- Fuel type: Gasoline
20. Suzuki Ertiga GA 1.4L MT
This multi-purpose vehicle is good for seven people with a price hitting P700,000!
Suzuki Ertiga GA 1.4L MT Key Specs
- Body type: Compact MPV
- Seating capacity: Seven
- Transmission type: 5-speed manual
- Engine: DOHC 16-valve, 4-cylinder with VVT, 1,373 (1.4L) cc
- Performance: 95hp at 6,000rpm and 130Nm at 4,000rpm
- Fuel type: Gasoline
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