Top 10 cheapest hatchbacks, minivans, sedans and pickups under P500,000

You are on a tight budget but don't want to go for a pre-owned car? Check out our list of 10 brand-new cars of different segments under P500,000 in the Philippines today.

In the previous article, Philkotse has compiled a list of cheapest brand-new vehicles less than P635,000 in the Philippines. This time, we rate out a total of 10 vehicles including hatchbacks, minivans, sedans and trucks under P500,000 currently marketed in our country. No matter what you're searching for, it’s certain that those will save you big bucks despite its not very eye-catching appearance.

Cheapest Hatchbacks

1. Chery QQ3

Price: P499,000

Used to be considered the cheapest vehicle in the Philippines, the Chery QQ3 for sale nowadays still takes a firm stand in our market in spite of the competitions of other cheaper fellow Chinese-made models.

The sub-compact QQ3 attracts buyers to its cute and eye-friendly appearance

Not inferior to other hatchbacks, the sub-compact QQ3 attracts buyers to its cute and eye-friendly appearance and especially, a generous interior space. Furthermore, the vehicle also comes fitted with fabric covered seats, standard CD/MP3/radio audio system, air-conditioning, front SRS airbags system, security alarm, ABS, EBD and keyless entry.

Additionally, the Chery QQ3 also meets the Euro 3 emissions standard with a 998cc inline 3-cylinder DOHC 12-valve Multi-Point fuel injected petrol engine, giving it a decent fuel efficiency of 6.3L/100km.

>>> Is it possible to register your Euro 2 car in 2018? Read our article to find out the answer.

2. Haima 1

Price: P499,000

The Haima is among the best-priced hatchbacks nationwide

Initially hit our market in 2014, the Haima is among the best-priced hatchbacks nationwide. Not as big as the Mirage, the Haima 1’s compact size is enough for five adults and stuff. Moreover, Filipino drivers also get much of impression of its standard features including ABS with EBD, all-power amenities, interior reading lamps, AM/FM, CD player with USB inputs as well as a 1.0L in-line four 16 valve DOHC engine.

3. Geely LC

Price: P449,000

The Geely LC can be regarded as a dupe of the Volkswagen Beetle with an affordable price of P449,000. This hatchback, remarkably, is the first Chinese-made cars to be awarded a 5-star rating by the C-NCAP crash test. Overall, the fully-loaded Geely LC has presented itself as a absolutely commendable effort in the city car segment thanks to its sleek look, standard characteristics in addtion to a 1.3L DOHC, 16 valve gasoline engine.

The car is the first Chinese-made cars to award a 5-star rating by the C-NCAP crash test

Some Pinoy drivers may swear against anything made in China, but the Geely LC will be likely to change their mind.

4. Lifan 320

Price: P498,000

The Lifan 320 is truly a faithful reflection of the Mini

Taking a glimpse at this car, we can easily realize the Lifan 320 is truly a faithful reflection of the Mini. With a selling price less than half a million pesos, the Lifan is definitely a right choice for those who often commute to work in city streets and notably, for first-time drivers. With a 1.3L petrol engine delivering 86 hp and 110 Nm of torque, a decent top speed of 155 kph is totally adequate for city driving.

5. Suzuki Alto 0.8 Standard

Price: P398,000

The Suzuki Alto is convincingly what the modern-day Filipinos look for

The idiom “You get what you pay for” would be wrong in this case. In spite of being the cheapest car on this list, the Suzuki Alto, which has been known as one of the most efficient vehicles for years, is convincingly what the modern-day Filipinos look for. Dynamic look with a wide range of vivid color options, a high fuel consumption of 34km/L, a comfortable cabin all converge on this small car.

Cheapest Minivans

1. BAIC MZ40

Price: P488,000

The minivan receives a stylish “happy” appearance with forward-vision windscreen and large windows

Some people say the BAIC MZ40 looks a bit plain, but for other Filipinos, the minivan, in fact, receives a stylish “happy” appearance with forward-vision windscreen and large windows. In particular, the cabin is extremely spacious with a seating of eight adults. As a option, the machine is available in either a 7-seater configuration or 2-seater cargo van. Generally, the MZ40 is almost perfect for both business and family use.

2. Haima F Star PC

Price: P499,000

“PC” in the nameplate stands for “PEOPLE CARRIER”

You may not know that “PC” in the nameplate stands for “PEOPLE CARRIER”. Yes, as the name indicates, the Haima F Star PC is undoutedly a multi-purpose minivan. With a huge rear cabin, the van can seat comfortably a total of 14 adults, putting it one step above the competitors like the Kia K2700, Hyundai H100 and even, the Mitsubishi L300 FB.

Thanks to a Euro-compliant 1.2L inline 4-cylinder DOHC 16-valve petrol engine, the F Star PC can easily fulfill its duty of a real people carrier.

3. Suzuki APV

Price: P475,000

The Suzuki APV deserves to be one of the most popular cars in the same segment

The Suzuki APV deserves to be one of the most popular cars in the same segment for only half a million. APV (All Purpose Vehicle) is a straightforward and simple name but its purposes seem to be enless. This versatile model features a generous space for 8 passengers as well as extra cargo room, making it a great minivan for all Filipino families. Powered by a 1.6L SOHC 16-Valve engine, the APV is clearly suitable for steering in the cities.

Cheapest Sedan

Lifan 520

Price: P498,000

What do you make of an economy level compact sedan for less than P500,000? No doubt the Lifan 520 is currently the cheapest subcompact 4-door saloon on the local market with a pure fuel economy of 5.8 km/L in combined driving.

The Lifan 520 is currently the cheapest subcompact 4-door saloon on the local market

Exceptionally, unlike other Chinese-made models in its segment, the 520 comes standard with ABS along with electronic brake force distribution as well as a set of 14” alloy wheels.

>>> Spending an extra around P200,000, you will have chance to go for one among 5 brand-new sedans in our list. Click here to see the full list.

Cheapest Pickup

Chery Q22B

From: P470,000

If you can’t afford a Ranger, Navara or Hilux, consider a low-priced Chery Q22B. Despite an old-school appearance, you will certainly not underestimate its functionality and ability of “transformation”. Accordingly, the Q22B can convert its roomy cargo bed into a drop-side pick-up, a cab carrier or a closed aluminium van, making it practical and flexible in many ways.

>>> List of 5 least expensive pickup trucks in the Philippines

The Q22B can convert its roomy cargo bed into a drop-side pick-up

Speaking of the heavy haul, the Q22B is driven by a 1.1L inline 4-cylinder 16-valve electronic fuel injected gasoline engine, coupled with a 5-Speed manual transmission. This engine enables the Q22B to catapulte this industrial front-liner up to 100 kph.

Hope our list can be some help to those who are on a tight budget but don't want to take risk buying a used car.