Mitsubishi Montero Sport Financing: How much do you need to buy one?     

Updated Jun 24, 2021 | Same topic: Best Advice for Car Buyers

What Mitsubishi’s midsize SUV will cost you at the dealership.

Say what you will about the Montero Sport. Good or bad, it’s still the king of Mitsubishi’s current local lineup as the curtain drops on the Pajero’s 37-year run. Built on the same platform as the Strada pickup, the Montero Sport had always served as the more affordable alternative to its bigger SUV sibling.       

Mitsubishi Montero Sport

The Montero Sport has taken over the Pajero's throne

Mitsubishi’s midsize SUV is currently on its third iteration, with a facelift enhancing its futuristic design and offering a more impressive tech loadout than ever. If you’re seriously considering getting one, whether for yourself or as the family ride, here’s your chance.

Montero Sport GLX 2.4 4x2 MT        

The entry-level Montero Sport variant comes standard with Mitsubishi’s Dynamic Shield 2.0 fascia, incorporating redesigned LED headlamp and foglamp clusters flanking a revamped grille. Multi-spoke 18-inch alloy wheels mark the exterior corners, which contribute to its 218mm ground clearance. 

Montero Sport in action

A revised fascia makes use of Mitsubishi's Dynamic Shield 2.0 

There’s room for up to seven occupants in the cabin, while drivers get to work with a white-lit instrument panel. The LCD touchscreen comes with a DVD player with USB and Bluetooth for connectivity. Propulsion comes in the form of a 2.4-liter MIVEC Clean Diesel engine packing 179 hp and 430 Nm of torque, mated to a 6-speed manual. Standard safety features include dual airbags, seatbelts on all three rows, and anti-lock brakes with electronic brakeforce distribution.     

The Montero Sport GLX comes in at Php 1,568,000, amounting to 36 monthly payments of Php 43,854 on a 20 percent downpayment or Php 313,600. Doubling the cash outlay to 40 percent or Php 627,200 lowers the bill to Php 32,890, while extending the pay period to 48 months costs just Php 26,470 monthly. 

Montero Sport GT 2.4 4x2 AT

Moving up to the GT 4x2 trim level adds a rear spoiler and 18-inch two-tone alloys on the outside. Customers get an electronic parking brake, with a Smart Display LCD Audio touchscreen featuring built-in navigation, Apple CarPlay and Android Auto. A total of six speakers pump out the tunes, while second-row passengers have access to two USB ports. 

Montero Sport rear

There's room to spare for cargo, even with all seats occupied

The powertrain now gets an 8-speed automatic transmission with Sports mode via paddle shifters on the steering wheel. Safety has been upgraded, with Active Stability and Traction Control, Trailer Stability Assist, Multi-Around Monitor, and six airbags.     

Priced at Php 1,928,000, the Montero Sport GT 4x2 can be had with a 30 percent downpayment or Php 578,400, which translates into 48 monthly payments of Php 37,972. A longer 60-month contract carries an amortization amount of Php 32,534, while increasing the downpayment to 50 percent or Php 964,000 results in a monthly payable of Php 23,238.  

Montero Sport GT 2.4 4x4 AT

The range-topping GT 4x4 brings a hands-free power lift tailgate for convenience in loading cargo. For the cabin, an auto-dimming rear-view mirror is standard, as is an 8-inch full LCD instrument meter display. An accompanying Mitsubishi Smartphone App lets users operate the tailgate remotely, view vehicle information, and even locate the SUV in a parking lot. 

2.4L Clean Diesel engine

All Montero Sport units run on a 2.4-liter MIVEC Clean Diesel mill 

This is the only Montero Sport trim level offering the tested Super Select 4WD-II drivetrain with Off-Road Mode. Driver-assist features include adaptive cruise control, Forward Collision Mitigation, Blind-Spot Warning, and Rear Cross-Traffic Alert. Seven airbags protect occupants on board.    

The Montero Sport GT 4x4 is priced at Php 2,298,000. On a downpayment of 20 percent or Php 459,600, it carries 36 monthly payments of Php 64,270 each. Doubling the cash payment to 40 percent or Php 919,200 means a recurring bill of Php 38,794 for 48 months, or Php 33,237 on a 60-month contract.  

Mitsubishi smartphone app

The top-spec Montero Sport GT works with the Mitsubishi Smartphone App

As always, these are all estimates, exclusive of other costs such as maintenance, fuel, insurance, and registration at the end of the first three years of ownership. Your nearest Mitsubishi dealer will be able to give you a more accurate computation based on your current budget. 

Find more tips that add up to a great car ownership experience at

Know more about Mitsubishi Montero Sport 2021

Mitsubishi Montero Sport

One of the most known SUVs in the Philippines is the Mitsubishi Montero Sport. It continually hits the list of best-selling cars in the country every year. Its popularity continues to grow because it is a reliable, tough, midsize body-on-frame SUV on and off-road, and a family car. It is not just a symbol of social status. The Mitsubishi Montero Sport, as a third-generation model, displays its benchmark for the brand's contemporary lineup, which is the 'Dynamic Shield' grille that shows a completely redesigned front. The new Mitsubishi Montero Sport features chrome linings that cover the large air intakes and stretch forth to the fog lamps, complemented by a sleek tail and headlights. Inside the cabin, top-notch variants and additional sportier trims for GT variants get to have leather-wrapped seats. For entertainment and central control, it is equipped with an 8-inch touchscreen infotainment system. Powering the Mitsubishi Montero Sport is the all-new 2.4L Diesel Engine, 4 Cylinder 16 Valve DOHC. The task of the Mitsubishi Innovative Valve-timing Electronic Control system (MIVEC) is to achieve low fuel consumption and exhaust emissions but a high-power output. Similar to the model it replaced, the Mitsubishi Montero Sport is L200 or Strada pickup based. The chassis and half of its front body structure are the same as its pickup sibling. It still uses the three-link live axle coil spring for the rear suspension and the independent double-wishbone front suspension from the model it supersedes. It comes with drum-in-disc rear brakes and ventilated front disc brakes. It is a standard for all variants to have 18-inch alloy wheels. The Mitsubishi Montero Sport features standard airbags for both driver and passenger, three-point seat belts for all the seven occupants, ABS with EBD, and an ISOFIX child seat anchors on the second row. Additional features for the GT variant consist of Trailer Stability Assist, knee airbag for drivers, and curtain airbags.

From ₱1,568,000

Joseph Paolo Estabillo

Joseph Paolo Estabillo


Joseph has been a member of various car clubs since he got his driver's license in 2004 – old enough to remember riding in taxicabs with analog meters, but his fascination with cars goes way back. After nearly two decades of working in broadcast media, he shifted gears by coming on board as Philkotse’s first Filipino member and staff writer in 2017.

Apart from his role in Philkotse as Content Team Lead, Joseph has written episodes for Drive, which has been airing on CNN Philippines for five seasons running. He has also delivered content for various car dealerships based in the U.S., spanning multiple brands such as Alfa Romeo, Maserati, Jeep, Dodge, among others.

Keeping his hopes high and his revs low, he dreams about owning a Kei car when he retires. Hates slow parkers.

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