bakit mahal ang kotse sa pinas?

**XTO** · November 19th, 2007 04:56 PM

hindi nagkakalayo for ex. a base corolla in the us starts at $14,405 which is roughly P648,225. labor code differs in every country.... a simple employee in the us with a minimum wage (per hour) can actually buy a new car of his choice (depende sa sipag at will) say he's earing at $9 an hour, thats equivalent to $72 in 8 hours. how much is it if you convert it to peso? that's more than P3K a day. how about more if you're on a salary basis (monthly)? here how many people could earn 3K and above per day?

**Flagg** · November 19th, 2007 04:59 PM

Actually, mga "luxury" lang ang mga mahal sa atin.

"Luxury" meaning mga mid-size, pataas. Our compacts, mas mura kesa sa US.

**mazdamazda** · November 19th, 2007 05:00 PM

Originally Posted by boydapa

very good points! i see... parang car driven economy...

pero i have this feeling na meron underlying politic0-social thing na dito sa atin only the rich should be able to buy unlike sa U.S. na kahit poor kaya bumili. para bang yun system natin dito sa pinas ensures that only the rich will be the ones who can afford--- something like that.

what i mean by poor is kahit naman maganda work mo dito sa pinas sa liit ng sahod eh hindi ka talaga makakabili ng auto na halos milyon na ang presyo.

:idea:

Maybe the Philippines is just a developing / third world country wherein it's pointless to compare the income here to those living in a highly developed country like the United States of America?

**mazingerZ** · November 19th, 2007 05:07 PM

The way things are going, what with the continued increase of fuel prices and economic goods, di na ata tayo makakabangon. . . . So depressing. At any rate, Pinoys are known as a resilient people, sige lang kaya pa naman siguro.

**Mguy** · November 19th, 2007 05:10 PM

Ang bad trip nito, kapag nag de-value ang peso, ang bilis na tumataas ng presyo ng kotse, which is to be expected.

Pero ngayon na ang laki ng tinaas ng value ng peso (P42 something na versus P55 a few months ago), keysa bumaba presyo ng kotse, aba, nag announce na mag-iincrease pa daw presyo. Ano ba yan?!?

**niky** · November 19th, 2007 05:49 PM

The Philippine peso is not shooting through the roof.

The US Dollar is falling through the floor.

Don't think that since the Philippine peso is soaring against the dollar, we're going to see lower prices.

The Peso has lost value versus the Euro and the Yen since June... and, over the year, the fluctuation of the peso against these two currencies shows little change for better or for worse.

Check out the figures for yourself here:
http://www.exchange-rates.org/history/JPY/PHP/G/M
http://www.exchange-rates.org/history/EUR/PHP/G/M
http://www.exchange-rates.org/history/USD/PHP/G/M

For car makers based in Japan and Asia, prices aren't going to change much based on the dollar's value... in fact, since we're not gaining value against the Yen, the "strong" peso doesn't shield us from price increases for Japanese cars.

And the only "American" cars being sold here are the big Chevy and Ford SUVs. All of Chevy and Ford's small cars are made in Asia.... thus, car prices keep going up, despite the seemingly "strong" peso.

**Mguy** · November 19th, 2007 06:49 PM

Originally Posted by niky

The Philippine peso is not shooting through the roof.

The US Dollar is falling through the floor.

Well, this is true but based on the highest point of value within a period of one year for the USD, JPY and EUR against the peso, the peso did appreciate.

We gained 15% to the dollar, 13% to the yen but only 8% to the euro. There must be another reason for the rise in prices.

**jpdm** · November 19th, 2007 07:08 PM

OLIGOPOLY KASI

**LexTer** · November 19th, 2007 07:33 PM

isang factor na din syempre yung mas mataas dollar kesa sa peso. kaya lahat mahal e.

**niky** · November 20th, 2007 11:28 AM

Another reason? There is... inflation. Car prices are going up as the cost to build them (which also hinges on oil prices) goes up.

What people are expecting is that the high peso will mean that cars will not go up in price or even go down in price. Yes, we're up against the Yen and the Euro on the year, but we're currently losing value against them. It's the nature of currency fluctuation that we're not sure where the peso will end up against them by next year.

What is sure is that the dollar is falling... badly.

What I'm pointing out is that even as the peso appreciates against the dollar, the gains against other currencies is not dramatic enough to offset the natural rise in price of motor vehicles.

It's a great time to buy a car from the US, though... since the dollar is in free-fall, a lot of Canadians are going cross-border to buy the (now) much-cheaper US versions of cars they already pay more for...