Toyota Philippines to Launch Prius at P2.25M
June 11, 2009 by Tsikot
Toyota Motors Philippines is finally launching its hot-selling Prius hybrid in the Philippines next week, but the ecologically-correct car could carry a price tag of around P2.25 million.
“Toyota wants to be the first to locally introduce hybrid, environment-friendly cars as alternative vehicles,” said Raymond Rodriguez, Toyota Motor’s first vice president for vehicle sales.
The third-generation, 1.8-liter Prius would be imported completely built from Japan and subject to a 30-percent tariff in addition to the excise tax and 12-percent value-added tax, Rodriguez said in explaining the hybrid’s higher price.
By contrast, Toyota’s most expensive sedan available locally, the 3.5-liter V6 version, retails for P2.005 million.
According to industry sources, the local Toyota has been given an initial allocation of 25 units and another 10 units a month given the three to four months of waiting time for Japanese customers to drive home a new unit.
Targeting the mainstream market, the new model is more powerful than its predecessors, with more headroom, a bigger trunk and better gas mileage.
It is rated at 50 miles a gallon, according to US press reports, 10 miles better than its principal hybrid competition, the Honda Insight.
By Elaine Ramos Alanguilan, Manila Standard Today
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are they launching the 2nd gen prius or the latest one?
What is Toyota up to know launching a previous gen PRIUS priced at par with an entry level luxury segment price? I could swallow up the irony of getting a Luxury car like a Merc or a BMW diesel reeling towards efficiency. But a Toyota for 2 million +? forget about getting 50mpg and get a decent subcompact and a million peso worth of gas to spend!
Hybrid cars are already running in the country and can easily beat the mpg of Toyota Prius. Using water as alternative fuel and is sent through a GEET reactor instead of electricity running a motor. 100mpg and beyond is an easy task for these GEET cars and it doesn't cost millions. Search the internet for GEET and install it. 67mpg is very common in mixed City and provicial roads traffic. Save fuel, minimized pollution and use water instead of poor electric motors with expensive batteries.
For lubricants, make use of Palm oil or our very own coconut oil, these oils are far better than your current engine oil. Palm oil or coconut oil does not need regular oil topping and does not burn in the combustion chamber unlike mineral based oil. This simple solutions will help your engine live longer and minimized pollution.
Who needs a million pesos hybrid when you can make your own with off the shelf parts from the plumbing store and local hardware for parts and implement GEET on your gasoline and diesel engines?
Too expensive for a compact car. You can buy 3 honda jazz' with that kind of money.
I thought the Phil govt were giving tax exemptions to products that are green? Without the 30% tarrif and the 12%VAT that would bring the cost down to compete with mid size sedans...probably around 1.5million. If this happens Ill get 1!! I recently rode one and the wonderful thing about it is the engine stops when you stop. It tells you immediately if you are using battery or the engine(via a diagram) so you can adjust accordingly. and it makes no sound when on electric mode. Kudos to Toyota for being the pioneer again!!
too expensive.. the goverment should exempt or reduce the tax of the prius... 30-percent tariff plus 12-percent value-added tax..
It's the second gen.
Quite expensive, the Ford Focus diesel gets better MPG too. Plus diesel is cheaper.
fucking expensive.. damn it!
Sheesh! our shitty government should give tax exemptions on green cars! besides, I don't even know if that much mpg can pay for itself... 2 million pesos? I'd rather spend that on a city and save the rest to build a new house.
sa presyong yan, makakabili na ako ng 3 vios.
Let's say P500 ang gasolina na konsumo sa isang vios.
Hindi kasama gastos ng regular maintainance(change oil, linisin yung auto, etc).
Kumapara sa presyo ng isang prius ngayon(08-31-10), more than 50 years ang hihintayan bago marating ang presyo ng isang brand new prius.