for 50k you can get an ex-taxi Corolla/Lancer/Sentra, depends on the condition, meron kasi massweswerte na kahit ex-taxi unit e alagang-alaga nung dating taxi operator, but for those not well-maintained unit, still you will spend additional cash for repairs,..interiors, exterior (esp. repaint and body repair), brakes, underchassis, detailing, engine (timing belt, cylinder head gasket kung me tama na, tune ups) pero at least may kotse na, :D