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  1. torque2006
    torque2006 is offline Zombie
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    July 7th, 2007 11:21 PM #41
    all car manufacturers/dealers who import CBUs undervalue the vehicles. it's a known fact.
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  2. theveed's Avatar
    theveed
    theveed is offline David Tong
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    July 8th, 2007 11:01 AM #42
    I remember back in highschool a classmate of mine brags that his aunt who's working for the customs can get 5-series BMWs for less than 50K and sell it for over 1.5M, etc...
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  3. NightWinger
    NightWinger is offline Tsikot Member Rank 2
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    July 8th, 2007 11:43 AM #43
    Ano na balita dito? Wala na rin nang yari? It only happen in the Philippine!
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  4. allan47568
    allan47568 is offline Verified Tsikot Member
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    July 10th, 2007 06:07 PM #44
    If my recollection is correct, the appraised values of the vehicles cited in this report were not the value for purposes of paying import taxes. Rather, they are the appraised value which will serve as minimum bid prices for the public auction. Mababa na talaga appraised value ng mga vehicles na yan since pag nakita ko yung actual condition nila, grossly depreciated na. As in wala ng computer box, parts, gulong, etc. Saka mostly right hand drive ang mga ito kaya ipapaconvert pa ng winning bidder hence, mababa talaga presyo.

    For those importing vehicles from abroad, AFAIK may "blue book" ang Customs kung saan nakalagay yung rate of taxes. Altho meron talaga corruption
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  5. ale828
    ale828 is offline Tsikot Member Rank 3
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    July 13th, 2007 03:54 PM #45
    every thing in Customs is declared under value.
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  6. OTO's Avatar
    OTO
    OTO is offline Tsikot Member Rank 3
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    August 1st, 2007 07:58 PM #46
    dapat VAT lang bayaran sa mga auto. yung yearly registration na lang iangat nila.
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  7. puroy's Avatar
    puroy
    puroy is offline Tsikot Member Rank 3
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    August 2nd, 2007 04:46 AM #47
    Quote Originally Posted by ale828 View Post
    every thing in Customs is declared under value.
    very true! para liit tax...
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  8. carscout
    carscout is offline Verified Tsikot Member
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    August 2nd, 2007 08:36 PM #48
    WOW..Ito ang dapat ang discover natin guys kung paano mag bid sa customs..Makapag hunting nga ng taga custom para gawing ninong ng anak ko:arms:
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BMW for P74,644: Only at Customs