Value-packed hatchbacks you can buy for under P700,000 in the Philippines

If you are looking to buy a new car in the Philippines but you have a tight budget to consider then hatchbacks might just be the vehicle of choice for you. These compact but feature-rich vehicles have evolved past their previous notion of being just a commuter car. They have evolved into something better and come with modern amenities that can be found in bigger vehicles. These vehicles offer great value for money with the added bonus of practicality all for the price of just under P700,000. Thanks to their form factor these vehicles are easy to park, affordable to maintain, fuel-efficient, and come with practical space on the inside.

While these vehicles are indeed compact they can easily seat up to five individuals comfortably offering plenty of room for luggage at the back. Despite its city-oriented looks, these vehicles can also be great long haul vehicles thanks to their light steering and ease of maneuverability. We created a list to help you pick which hatchback could best suit you and your budget in no particular order. 

A relatively seasoned veteran to the segment, the Mitsubishi Mirage still brings with it a great value for money proposition to Filipino buyers. It brings with it dual airbags, a modern 1.2-liter gasoline engine, and a CVT to give you better fuel efficiency. A great combination for those who want to make the most out of their budget. The Mitsubishi hatchback also comes with a good balance between its exterior look and its interior cabin space. Like with many vehicles in its segment, it comes with space for five adults on the inside and with enough space for their luggage. 

While some may say that the design may have not aged well, it is important to note that a refreshed model is coming into the country soon coming in with a revised front and new taillights at the rear. Yes it's a smidge above P700,00 pesos but there are promos through AutoDeal that helps bring prices below this level.

The Chevrolet Spark is one of the more affordable vehicles that the Golden Bowtie is offering in its local lineup. It comes with a youthful design while still maintaining a sporty appeal. Inside you get a modern compact interior with the benefit of a seven-inch infotainment system that comes with Apple CarPlay and Android Auto capabilities. 

Powering the hatchback is one of the larger engines in its segment—a 1.4-liter naturally aspirated motor. The 1.4-liter mill produces 98hp and 128 Nm of torque. For its price point, it can only be had with a 5-speed manual transmission.

A relative newcomer to the segment the Suzuki S-Presso is the ultimate vehicle for those looking for a tall-riding hatchback on a tight budget. It comes with 180mm of ground clearance impressive for a vehicle of its size. Despite its compact exterior, the interior is pretty good. 

There is enough space to seat five occupants, however, we highly recommend just seating four and the interior amenities are also great for its price point. The updated model now comes with an infotainanment center that is now comes Apple CarPlay and Android Auto capability along with Bluetooth and Aux connectivity.

It comes powered by the same 1.0-liter motor found in the Celerio, which produces 67hp and 90 Nm of torque. While not a lot on paper due to its size and weight the engine is more than a suitable match for the vehicle. The Suzuki S-Presso can only be had with a five-speed manual transmission before, but this time, customers now have the option of choosing an AGS transmission for a more convenient time during heavy city traffic.

The Toyota Wigo has recently undergone a heavy refresh for the 2024 model year. It now comes with a more angular and aggressive face that gives the vehicle a sportier look. It still carries over some of the design language and dimensions as the pre-facelifted model, however, you would have to be very detailed to spot these.

On the inside, the small hatchback gets access to a new infotainment system, a revised gauge cluster, along with new climate controls for the higher variants. The seating material has also been revised slightly featuring a new design.

Under the hood, the Toyota Wigo is still powered by the same 1.0-liter 3-cylinder gasoline engine found in the previous model. Now power upgrades have been given to the facelift. Like before the Wigo can be had with either a 5-speed manual or a 4-speed automatic transmission. The top variant goes for above the P700,000 mark but further deals might get you below this.

Each of these hatchbacks come with their own unique ups and downs but are capable of giving you the best value for money possible. If any one of these hatchbacks strikes your fancy then we highly recommend using our Buy Online feature to make the process of buying your new vehicle go as quickly and as smoothly as possible.