A vehicle periphery monitoring system comprising a vehicle and a server device (20B; 20C), wherein the vehicle comprises: a location information acquisition unit configured to acquire location information on the vehicle; a vehicle-mounted camera (108, 109) configured to capture an image of the exterior of the vehicle; a display device configured to display the image; a server communication unit configured to send the acquired location information to the server device; and a control unit configured to determine whether or not to carry out vehicle exterior image display to output the image acquired from the vehicle-mounted camera to the display device, on the basis of information received from the server device, and the server device (20B; 20C) comprises: a caution point information storage unit (203, 204) configured to store a caution point, which is information relating to a location where use of the vehicle-mounted camera is recommended, and to store a camera recommendation level, which is information relating to an extent to which use of the vehicle-mounted camera is recommended at the location; a camera recommendation level determination unit configured to acquire location information on the vehicle, and to acquire the camera recommendation level at the caution point corresponding to the acquired location information; and a vehicle communication unit configured to send the acquired camera recommendation level to the vehicle, wherein the server communication unit of the vehicle is further configured to send an image display notification to the server device (20B; 20C) when a driver of the vehicle has carried out vehicle exterior image display manually, and the caution point information storage unit of the server device (203, 204) is configured to generate the caution point and corresponding camera recommendation level based on the image display notification received from a plurality of vehicles. a location information acquisition unit configured to acquire location information on the vehicle; a vehicle-mounted camera (108, 109) configured to capture an image of the exterior of the vehicle; a display device configured to display the image; a server communication unit configured to send the acquired location information to the server device; and a control unit configured to determine whether or not to carry out vehicle exterior image display to output the image acquired from the vehicle-mounted camera to the display device, on the basis of information received from the server device, and a caution point information storage unit (203, 204) configured to store a caution point, which is information relating to a location where use of the vehicle-mounted camera is recommended, and to store a camera recommendation level, which is information relating to an extent to which use of the vehicle-mounted camera is recommended at the location; a camera recommendation level determination unit configured to acquire location information on the vehicle, and to acquire the camera recommendation level at the caution point corresponding to the acquired location information; and a vehicle communication unit configured to send the acquired camera recommendation level to the vehicle, wherein the server communication unit of the vehicle is further configured to send an image display notification to the server device (20B; 20C) when a driver of the vehicle has carried out vehicle exterior image display manually, and the caution point information storage unit of the server device (203, 204) is configured to generate the caution point and corresponding camera recommendation level based on the image display notification received from a plurality of vehicles.