VPI Cars is Metro Manila Philippines’ highest-rated full service car rental platform. We offer short, long term rentals, chauffeured, corporate leasing, and many more!
Manila-area car rental prices have been all over the place lately, haven’t they? Some say they’ve gone up, some say they’ve gone down. Nobody seems to be able to agree on what’s actually happening! So we decided to do some investigative research to take a look at different car rental prices and get to the bottom of this. We know that you’re probably itching to find out whether or not prices have gone up or down, and we have an answer for you. And as a bonus, we also added in car prices over the years if you have plans to buy a car outright.
The short answer to this question is no, car rental prices have not gone up in the Manila area. In fact, they’ve actually gone down! We looked at a variety of different car rental companies and found that, on average, prices have decreased by about 3% over the past year. So if you’re looking to save money on your next car rental, now is a great time to do it.
Of course, as with anything, there are always exceptions to the rule. In our research, we did find a few companies who had raised their rates slightly, but they were definitely in the minority. Overall, it seems like car rental companies are doing their best to keep prices low for customers.
As a matter of fact, our car rental company, VPI Cars Manila, do car rentals in manila. We are very competitive in comparison to other car rental companies offering the same services we do in the NCR area. From Sedans, SUVs, Vans, and Coasters, we have a wide selection of vehicles to choose from that will surely fit your budget and needs.
So the next time you need to rent a car, don’t hesitate to give us a call or visit our website to see our latest rates!
Unfortunately, carmakers have increased their prices by ₱5,000 to ₱80,000 this 2022. So, yes car prices have definitely gone up, and this is due to the rising cost of raw materials and the demand for these private vehicles in the Philippines has gone up over the years. Here is the price increase from all the different car manufacturers to date.
Ford has increased the price of some of its vehicles by ₱50,000 including the Ford Ranger Raptor from ₱ 1,998,000 to ₱2,048,000 and the Ford EcoBoost from ₱2,858,000 to ₱2,948,000. Honda has also increased their prices including the Honda Accord is now at ₱2,350,000 from ₱2,308,000. KIA has also seen price increases for their cars which includes the KIA Soluto and the KIA Stonic which has seen a price increase of roughly about ₱20,000. As for Toyota, they have had some price increases for their higher-end models, but the prices of their popular car models have generally stayed the same over the years.
Overall car prices have gone up, but some car brands are doing their best to keep their prices competitive.
This is a tough question to answer as it depends on each person’s individual circumstances. For example, if you only need a car for a short period of time, then renting might be the better option for you. However, if you’re looking to have a car long-term, then owning one might be the way to go.
The bottom line is that there are pros and cons to both leasing and owning a car. It’s important to weigh all your options before making a decision. We hope this article has helped shed some light on the current state of car rentals and prices in Manila!
VPI Cars Manila (formerly CF Car Rental Manila), one of Metro Manila’s highest rated car rental services provider. Happily serving since 2014!
VPI Cars is Metro Manila Philippines’ highest-rated full service car rental platform. We offer short, long term rentals, chauffeured, corporate leasing, and many more!