Car Search

Cars for sale

Show more

Latest price list

Recent reviews

Best advice for car buyers

Recent news

Featured links

Want to get updated car listings in the mail?
Subscribe

Cars 2016 for sale

1,606 results found
Image
2016 Suzuki Ciaz Manual for sale

2016 Suzuki Ciaz Manual for sale

Metro Manila, Las Piñas

₱348,000

Manual Certified Seller 26,000 km

2016 Toyota Altis 1.6 V Gas Automatic

2016 Toyota Altis 1.6 V Gas Automatic

Metro Manila, Makati

₱618,000

Automatic Certified Seller 34,000 km

2016 Ford Escape Ecoboost AT

2016 Ford Escape Ecoboost AT

Metro Manila, Quezon City

₱688,000

Automatic Certified Seller 18,000 km

2016 Honda Jazz 1.5 VX

2016 Honda Jazz 1.5 VX

Metro Manila, Makati

₱648,000

Automatic Certified Seller 23,000 km

2016 Subaru Forester 2.0i-Premium Automatic Gas

2016 Subaru Forester 2.0i-Premium Automatic Gas

Metro Manila, Makati

₱798,000

Automatic Certified Seller 47,000 km

2016 Toyota HiAce Commuter Van 3.0 D-4d 18 seaters

2016 Toyota HiAce Commuter Van 3.0 D-4d 18 seaters

Metro Manila, Makati

₱928,000

Manual Certified Seller 42,000 km

2016 Mazda CX-5 Pro 2.0 Gas A/T

2016 Mazda CX-5 Pro 2.0 Gas A/T

Metro Manila, Makati

₱760,000

Automatic Certified Seller 57,000 km

2016 Toyota Fortuner 4x2 V Diesel Automatic

2016 Toyota Fortuner 4x2 V Diesel Automatic

Metro Manila, Makati

₱1,368,000

Automatic Certified Seller 34,100 km

Hyundai Tucson 2016 Gas Automatic

Hyundai Tucson 2016 Gas Automatic

Metro Manila, Las Piñas

₱830,000

Automatic Certified Seller 30,000 km

Top of the Line 2016 Isuzu Sportivo X AT Diesel

Top of the Line 2016 Isuzu Sportivo X AT Diesel

Metro Manila, Quezon City

₱788,000

Automatic Verified Contact 36,000 km

Toyota Vios 2016 E Automatic

Toyota Vios 2016 E Automatic

Metro Manila, Las Piñas

₱460,000

Automatic Certified Seller 35,000 km

2016 Chevrolet Trailblazer LTX 4x2

2016 Chevrolet Trailblazer LTX 4x2

Metro Manila, Makati

₱888,000

Automatic Certified Seller 49,000 km

2016 HONDA CITY AUTOMATIC CVT FOR SALE

2016 HONDA CITY AUTOMATIC CVT FOR SALE

Metro Manila, Las Piñas

₱528,000

Automatic Certified Seller 19,000 km

2016 Chevrolet Trailblazer LE Diesel Automatic

2016 Chevrolet Trailblazer LE Diesel Automatic

Metro Manila, Makati

₱788,000

Automatic Certified Seller 71,000 km

Ford Everest 2016 Titanium Automatic

Ford Everest 2016 Titanium Automatic

Metro Manila, Las Piñas

₱1,180,000

Automatic Certified Seller 40,000 km

Honda City 2016 VX Automatic Casa Maintained

Honda City 2016 VX Automatic Casa Maintained

Metro Manila, Las Piñas

₱610,000

Automatic Certified Seller 50,000 km

Mitsubishi Montero Sport 2016 GLS Premium Automatic

Mitsubishi Montero Sport 2016 GLS Premium Automatic

Metro Manila, Las Piñas

₱1,240,000

Automatic Certified Seller 40,000 km

2016 Mazda 3 Sedan Automatic Gas

2016 Mazda 3 Sedan Automatic Gas

Metro Manila, Parañaque

₱588,000

Automatic Certified Seller 25,000 km

How much does owning a car cost per month?

You are now viewing the page listing for Cars 2016 for sale on Philkotse.com. Make sure to view all our related articles and comparosto make the best possible decision for your automotive needs.

Here at Philkotse.com we provide you with the best deals from the most reputable brands available in the Philippines. Our Cars for Sale section features both new and used cars from all your favorite brands and you can rest assured that you are getting the best possible deal out there.

You've finally made up your mind on your vehicle purchase. You've done your research at Philkotse.com and saved up for a downpayment on a brand new car. Find out if you can actually deal with the monthly payments for owning a car!

1. Car Purchase and Amortization

First we have to pick a sample car. Let's go with the one of the country's best sellers, the Toyota Vios, specifically the 1.3E Automatic Variant.

According to Philkotse.com's latest Toyota Vios car price list, the 1.3E AT variant is at Php 878,000.00. At 20% downpayment, that leaves us a loanable amount of Php 712,400.00.

With an average interest PA of 4.4% that adds an additional Php 156,728.00 interest on top of that principal, amounting to Php 869,128.00 over 60 months or Php 14,485.47 per month.

In itself that is a huge dent on your monthly expenses, but investing in a brand new car leaves us big savings on the next category.

2. Maintenance and Repairs

All cars, new or old can break down, and thankfully, new cars are under warranty in case anything does break down and all you have to worry about are PMS visits.

The first year of such visits for maintenance if you follow Toyota's schedule for the Vios may reach up to Php 9,000.00 in a year.

3. Fuel Costs

The average city dweller travels 30 km in a day to and from work, if we include weekend trips to the equation it does round out to be around 10,000 KM in a year.

Considering based on the Toyota Vios reviews, hovering around 10 km/l and current regular gasoline prices at Php 48.00/l, all that equates to Php 43,636.36 worth of gasoline in a year.

4. Parking

You would also need to consider parking rates. It's rare for companies to offer their employees free parking so you would have to keep this expense in extreme consideration.

Let's say you are an employee of the year and you come to work everyday to pay for your new Vios of course. The average price for an entire workday would be around Php 150.00 per day.

This amounts to Php 36,000.00 per year. Ouch.

5. Vehicle Registration and Insurance

You would need to of course register your vehicle with the LTO and have it insured. There are some dealers who would offer this as free add-ons to your initial purchase but let's say that you don't have that option.

Good Comprehensive car insurance can cost you a good Php 15,000.00 in a year plus registration of around Php 4,000.00.

>>> Recommended post: Car registration renewal in the Philippines

The Grand Total

Here's a quick Break down of everything we've calculated:

Expenses Toyota Vios 1.3E AT
Amortization P173,825.60
Fuel P43,636.36
LTO Registration P4,000.00
Car insurance P15,000.00
Parking P36,000.00
PMS/Repair P9,000.00
TOTAL P281,461.96
Monthly expense P23,455.16

Part of adulting is realizing that to get what you want or need, you'll have to pay dearly for it. We at Philkotse.com know that after finding all about these expenses wouldn't stop you from purchasing a new vehicle and we told you earlier that we have your back! Browse our listings sections or visit the nearest car dealerships to find the best deals and financing plans out there for your budget.

Last but not least, don't forget to make use of our search tool to extend your choices besides this list of cars for sale in the Philippines. Philkotse.com only lists car advertisements from private sellers and dealers, which means we don't own the cars and don't provide any financing options. Please kindly refer to the sellers (whose contact details can easily be found in each listing) for all of your questions regarding price, legality, availability, payment installments, and financing options.

Have a nice day!