new excise law = low asking price for 2nd hand cars?

[Ibaloi]

Alam natin na bababa ang presyo ng mga kotse pagka- implement ng new tax scheme. Parang nasa losing end ang mga owners ng older model cars na planong ibenta ang kotse. Magdadalawang isip ang mga bibili, kasi sa konting dagdag, may pang downpayment na sila. Brother ko nga, plano niyang ibenta sa akin yung 97 model na lancer limited niya pero ako mismo nagdadalawang isip na bilhin kasi ang presyo ng vios at city ay nakaka- tempt. Binabarat ko nga na ibigay sa akin ng 130k, dahilan ko yung excise tax. Hehehe.

[orly_andico]

depends on the model. i think it will have a huge effect on the prices of used cars model years 1997-2002. definitely, with a 2001 Corolla selling used for 400k, talagang bababa yun kasi daw aabot ng 500k ang price ng Vios/City with the new excise taxes. so between 400k used and 500k new, patay ang used.

pero for the 1996 and older used cars.. i think minimal yung effect kasi depreciated na ng husto yung mga yun eh (nasa less-than 300k na ang price).

[mbt]

malamang bagsak yung resale ng mga 2001 and 2002 cars... on the other hand, babagal yung rate of depreciation ng mga SUVs (pero hindi naman siguro tataas)

[kevinp]

Sana bumaba yung price ng second-hand SIRs para makabili ako. Although I doubt this would happen since the SIR is out of production already.

[orly_andico]

well kung bumili ka ng revo ngayon * 750k, next year mabebenta mo pa at 750k!

[pajerokid]

It seems the excise tax is good for SUV owners and bad for car owners.

[ghosthunter]

i heard the honda might be releasing the Civic 2.0... SiR replacement?

[kevinp]

siguro yung meron na sa thailand ngayon na 2.0L civic. mas matakaw nga lang sa gas ito kaysa sa SiR.

[pajerokid]

Actually, the post B16A SiR in Japan has a 2L engine.

[vinj]

Originally posted by ghosthunter
i heard the honda might be releasing the Civic 2.0... SiR replacement?

Could be possible since the new taxes will be a bit easier on big displacements unlike before if i got it right.