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 Femalenetwork.com editors.
