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  1. Join Date
    May 2005
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    13
    #1
    Are Hyundai prices here in the Philippines overpriced compared to the U.S (edmund.com)?

    Or are all car companies here in the Philippines overpricing their vehicles. Please post you opinions.

  2. Join Date
    Feb 2008
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    14,181
    #2
    All RP vehicles are overpriced compared to the US. One word. TAXES!

  3. Join Date
    May 2005
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    13
    #3
    Quote Originally Posted by tidus1203 View Post
    All RP vehicles are overpriced compared to the US. One word. TAXES!
    Sir Tidus...do you know the tax rate for the cars that's being sold here. So that I can compute if the prices are reasonable or not. Also, so that I can convince my dad in the U.S. that price difference is because of taxes. Thanx...

  4. Join Date
    Jun 2007
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    2,840
    #4
    Quote Originally Posted by m_ayuyao View Post
    Sir Tidus...do you know the tax rate for the cars that's being sold here. So that I can compute if the prices are reasonable or not. Also, so that I can convince my dad in the U.S. that price difference is because of taxes. Thanx...
    hmmm...

    Taxes form an additional 50%-100% of the vehicle SRP... higher taxes for the CBU imports.

    KIA is overpriced compared to hyundai...

  5. Join Date
    May 2005
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    13
    #5
    Quote Originally Posted by scharnhorst View Post
    hmmm...

    Taxes form an additional 50%-100% of the vehicle SRP... higher taxes for the CBU imports.

    KIA is overpriced compared to hyundai...

    Wow...kung ganun, we the buyers are at a big disadvantage. Considering the value of the vehicle we purchase depreciates significantly when it leaves the dealer showroom.

    How can we better put ourselves in a better position to get a 'good' deal/price? I wonder if there is a similar website to edmund.com for the Philippines? Any negotiating strategies?

  6. Join Date
    Jun 2007
    Posts
    2,840
    #6
    Quote Originally Posted by m_ayuyao View Post
    Wow...kung ganun, we the buyers are at a big disadvantage. Considering the value of the vehicle we purchase depreciates significantly when it leaves the dealer showroom.

    How can we better put ourselves in a better position to get a 'good' deal/price? I wonder if there is a similar website to edmund.com for the Philippines? Any negotiating strategies?
    pricelists are in C! mag or topgear...

    http://www.auto-searchphilippines.com/

    wala sir, the best you can do to lower the price is to haggle for discounts and freebies...

  7. Join Date
    Sep 2003
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    21,384
    #7
    Quote Originally Posted by scharnhorst View Post
    hmmm...

    Taxes form an additional 50%-100% of the vehicle SRP... higher taxes for the CBU imports.

    KIA is overpriced compared to hyundai...

    Agree. Yung Kia Carnival, sobra mahal!

  8. Join Date
    Nov 2002
    Posts
    1,398
    #8
    cguro hyundai price dito samen vs u.s ang overprized. pero hyundai dito saten vs other brand tingin ko tama lang ang prize.

  9. Join Date
    Apr 2010
    Posts
    6
    #9
    ^ Ditto!

  10. Join Date
    Oct 2002
    Posts
    847
    #10
    the new Tucson is priced at $19,800 to $24,345 in the US

    That's Php 910,000 to Php 1,120,000 converted. Not that much of a difference in comparison for the entry level. It's the high end models that gets taxed more ...

  11. Join Date
    Aug 2008
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    1,099
    #11
    yun naman features are not taxed more, that's more of more mark up with the dealer. diba ang tax is based on engine displacement, number of seats and 4x2/4x4.

    the thing is if an escape carries all the same features as a top of the line hyundai tucson or crv petrol. but the escape offers it at 300K less than the two. then mark-up ng dealer yun

    as the entry level tucson at sub 1M, laki pa din markup ng Hari dyan coz escape/xtrail can give at same price with complete features like ebd, dual airbag, foglamps, etc. etc.

  12. Join Date
    Feb 2008
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    14,181
    #12
    But then again the Escape and X-trail came from the dinosaur ages already (sarcasm)...

  13. Join Date
    Apr 2007
    Posts
    298
    #13
    Quote Originally Posted by Gen. Miting View Post
    yun naman features are not taxed more, that's more of more mark up with the dealer. diba ang tax is based on engine displacement, number of seats and 4x2/4x4.

    the thing is if an escape carries all the same features as a top of the line hyundai tucson or crv petrol. but the escape offers it at 300K less than the two. then mark-up ng dealer yun

    as the entry level tucson at sub 1M, laki pa din markup ng Hari dyan coz escape/xtrail can give at same price with complete features like ebd, dual airbag, foglamps, etc. etc.
    I think the most contributing factor of the escape's price is that it is made in RP.

    http://www.topgear.com.ph/news/rpmad...ted-in-bangkok

  14. Join Date
    Jan 2006
    Posts
    4,800
    #14
    Quote Originally Posted by m_ayuyao View Post
    Are Hyundai prices here in the Philippines overpriced compared to the U.S (edmund.com)?

    Or are all car companies here in the Philippines overpricing their vehicles. Please post you opinions.
    Different tax system I guess.

    Another thing is most Korean vehicles sold in the country are CBU from Korea.

    Most of its competitors either assemble their mainstream vehicles locally or soruce it from an ASEAN plant (ASEAN Free Trade Area).

    Quote Originally Posted by xenon headlamp View Post
    yung nissan murano Z is priced at 3.1m pesos ata. yun sa tingin ko ang overpriced for a cuv lang. pero loaded daw ng features yung murano Z. same engine with nissan 350Z yung murano. pero ang mahal pa din niya. for that amount of money makakabili ka na ng toyota prado.
    Its similar to the pre-2007 350Z engine which is basically the 3.5 liter V6 used in many V6 Nissan models including the Teana. Its called VQ35DE.
    In the Murano its tuned to produce 265hp.

    In the older 350Z models the VQ35DE was tuned to produce a higher 287hp-300hp.
    Later in the the 350Z's life this was replaced by the slightly more powerful VQ35HR which produced 306hp.

    PS: The latest Z (370Z) uses a VQ37VHR which makes 332hp.
    Last edited by AG4; April 12th, 2010 at 03:45 PM.

Overpriced hyundai prices