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Down Payment
%
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%
0% 20%
Loan Period (years)
1 10
ScheduleRepaymentUnpaid
BankInterest Rate
MotorsikLOAN14.4%
RFC Car Financing Loan18.00%
Metrobank Car Loan3.98%
Welcome Bank Auto Loan12.00%
Global Dominion Financing, Inc. Second Hand Car Financing14.4%
Security Bank Car Loan4.63%
BPI Auto Loan4.9%
Eastwest Bank Auto Loan4.95%
RCBC Savings Bank Auto Loan5.05%
Union Bank Auto Loan6.56%
South Asialink Finance Corporation Car Loan15.6%
PNB Sure Wheels Auto Loan5.29%
Chinabank AutoPlus Loan5.71%
South Asialink Finance Corporation Truck Loan18%
Exterior Interior
High-riding crossovers and SUVs currently dominate the Philippine market. However, some buyers still want to get their hands on a sedan that offers a more compact and comfortable mode of transportation. With that in mind, we have created a list of sedans under ₱1 million you can buy today. Note that some entries are just variants, while others include the entire model range. The list is also not in any particular order. Also read: The Top 10 Cheapest Cars in the Philippines in 2022 Toyota Vios (
The Covenant Car Company, Inc. (TCCCI), the distributor of MG Philippines, has a special promo lined up for you until March 31, 2023. The company said in a March 2023 press statement that its “Make Your Way With MG” promo presents extraordinary deals, offering vehicles and services you can count on. Customers can get a ₱50,000 cash purchase discount on the MG ZS crossover and drive it home with its discounted price of ₱798,888. Customers can even avail of a low downpayment plan for just ₱58,000.
The official athletic team of Ateneo de Manila University (ADMU), the Ateneo Blue Eagles, is getting a boost from its first-ever automotive partner. The Covenant Car Company, Inc. (TCCCI), the official importer and distributor of MG cars in the Philippines, announced in a December 2022 press statement that it will be supporting ADMU’s men’s and women’s volleyball teams. MG Philippines president and CEO Albert Arcilla said the tie-up is part of the company’s drive to become “the preferred mobilit
Throughout 2022, the Philippines has experienced hardship and calamity left and right. From raging typhoons to runaway inflation, it seems the year decided not to be kind to the resilient Filipinos. That same resiliency can be found in the robust car market that sells some of the cheapest cars we've seen in a decade. Here we round up 10 of the cheapest cars available to Filipino buyers, and if you stick around to the last vehicle, there is a bonus choice that may prove interesting to many. 10. C
To mark its 4th year anniversary, MG Philippines enters the final quarter of 2022 with another round of cash discounts and low down payment deals on the MG 5 Sedan and the MG HS SUV in its “Cheers to Extraordinary” promotion. Lasting until the end of October, the promo lets car buyers opt for either a PHP 35,000 low down payment or cash discounts of up to PHP 100,000 for select models. Available in all 42 MG Philippines dealerships nationwide, the promotion lists the following options one can ha
MG Philippines kicked off their roadshow and concert tour by holding the first leg of 'MG Live!' at SM Marikina. The event is being held from Oct. 17-23, 2022, with a free live concert by indie-pop group This Band on the 23rd at 4 p.m. Meanwhile, OPM legends Parokya ni Edgar will perform at the second leg on Nov. 3 to 6, 2022 at Nuvali Solenad I in Laguna. The final leg will be at the Auto Focus Pre-Christmas Test Drive on Nov. 10-13, 2022. Admission is free in all legs. The Covenant Car Company

MG 5 Comparison

  • MG 5
    ₱ 658,888
    VS
    Mitsubishi Mirage
    ₱ 704,000
    5 vs Mirage
  • MG 5
    ₱ 658,888
    VS
    BAIC M60
    ₱ 998,000
    5 vs M60
  • MG 5
    ₱ 658,888
    VS
    BYD S1
    ₱ 1,068,000
    5 vs S1
  • MG 5
    ₱ 658,888
    VS
    KIA K2500
    ₱ 973,000
    5 vs KIA K2500
  • MG 5
    ₱ 658,888
    VS
    Haima S7
    ₱ 1,019,000
    5 vs S7
  • MG 5
    ₱ 658,888
    VS
    Hyundai H-100
    ₱ 965,000
    5 vs H-100

MG 5 FAQs

How much is MG 5 in the Philippines?

The MG 5 price in the Philippines starts at ₱658,888. The lowest price is the 2021 MG 5 1.5L MT Core, ranging all the way up to the 2021 MG 5 1.5L CVT Alpha priced at ₱938,888.

Is the MG 5 a good car?

The MG 5 is a popular car to buy as it offers powerful and efficient engine options as well as premium, spacious interiors. Even used MG 5 cars offer the premium driving experience.

Is MG 5 manual or automatic?

We're learning that the 2021 MG 5 is available with continuously variable MT transmission