Thanks for the reply guys! My choices now are the Camry and Legacy. I'll probably do a test drive in January when I'm all set.
I'd skip European cars for now, even used ones. I've heard a lot of horror stories regarding their repair and maintenance especially when Ondoy struck Manila. A friend of mine who owns 2 BMWs and a new C-Class spent a big amount for repairs (his cars were victims of the flood) - enough to buy a 2.4 Camry. Ever since Ondoy struck and seeing cars being destroyed by the floods, I have no more interest in buying cars worth more than Php2M.