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Jun 19, 2017
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Buying a brand-new car is no easy task. Forking over the down payment and committing to a monthly installment for a few years is a big step, and one that shouldn’t be taken lightly. Luckily, getting a car is actually affordable for most budgets right now (the incoming excise tax increase notwithstanding).


Here we’ve compiled a list of the best cars you can get for P10,000 or less a month. To level the playing field, we’ve calculated these amortizations using BPI’s loan calculator. Each loan runs for five years and has a 10% downpayment agreement. Happy shopping!

Kia Picanto 1.0 LX MT

SRP: P525,000

Monthly: P10,082

Suzuki Celerio 1.0 GL MT

SRP: P538,000

Monthly: P10,332

Hyundai Eon 0.8 GLX MT

SRP: P488,000

Monthly: P9,372

Suzuki Alto 800 STD MT

SRP: P429,000

Monthly: P8,239

Toyota Wigo 1.0 E MT

SRP: P526,000

Monthly: P10,101

This story originally appeared on Topgear.com.ph.

* Minor edits have been made by the Fhm.com.ph editors.

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