Need a car loan in the Philippines? Use our free car loan calculator to compare MG car monthly payments and find the best car to buy in installments. On this page, you can find the monthly costs of buying a MG car in the Philippines with installment payments. We have calculated the estimated monthly payments using a 35% down payment, a 12% interest rate, and a 4-year loan term. You can also use our car loan calculator to customize the loan details, and check your monthly dues based on your preferred loan plan.
The following prices are calculated based on: the prices of different MG car variants, a 35% down payment, a 4-year loan term, and a 12% interest rate.
Here's a bit of exciting news that should rattle the likes of the Mazda MX-5, the Toyota GR 86, and even the Nissan Z. The MG Cyberster Battery Electric Vehicle roadster was revealed to global dealers today with SAIC Motor Philippines sending a delegation of the brand's top dealerships to the event. According to a source from SAIC Motor Philippines who attended the event, the MG Cyberster will be released in the Philippines in 2024. Our source was also quoted as saying the MG Cyberster will be p
Mikko David
12.09.2023
Electric vehicles (EVs) are slowly becoming mainstream in the Philippine market as more and more brands are bringing in their own examples. Following President Ferdinand Marcos Jr.'s executive order, EVs have become easier to import thanks to zero duties that make these vehicles more affordable to prospective car buyers. Republic Act 11697 or the "Electric Vehicle Industry Development Act" also provides non-fiscal incentives for EV buyers, along with spurring investment into EV infrastructure, w
Joey Deriquito
02.09.2023
SAIC Motor Philippines, Inc. (SMP) has officially taken over the distributorship of MG Philippines and is looking to bring in three new electric vehicle (EV) models by the 4th quarter of 2023. The takeover means that MG will be officially a Chinese-operated brand in the country as part of the international organization of SAIC Motors. Concerning the upcoming EV models, the Chinese automaker confirmed at its coming out party last July 19, 2023, that these would be the MG Marvel R, the MG4 EV, and
Joey Deriquito
21.07.2023
Last night, July 19, 2023, SAIC Motor Philippines (SMP) formally introduced itself to its dealer principals, bankers, and stakeholders as the new distributor of MG vehicles in the country. After months of speculation, SMP, the fully-owned subsidiary of SAIC Motor Corporation Limited, reportedly China’s largest car manufacturer, finally broke cover. The event officially confirmed its takeover of the MG brand and business starting today, July 20, 2023. As we reported in May, SMP replaces The Coven
Mikko David
20.07.2023
Chinese cars have flooded the Philippine market and many other countries around the globe. It is because Chinese automakers have found ways to undercut the competition by offering quality vehicles that are more affordable but have features comparable to or even better than their Japanese, European, and American counterparts. But the question is, how has China evolved so quickly to produce quality, feature-rich, and, most importantly, cheap vehicles so customers can afford them? Lower production
Joey Deriquito
09.07.2023
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 (
Joey Deriquito
09.07.2023