Car prices will decrease in 2005?

[wilcats]

guys my friend told me that car prices will go down next year.. she was able to read an article about this last week.. but i refuse to believe her cuz she might have misread it... :bald:

Does anyone know somthing about this? cause i'm planning to get a new car early next year..:speechles

[Prometheus]

Huh!? :puyat: anong article? Anong date? Tsaka ilang percent? Tnx

[kiper]

bat naman bababa? eh kakapalit lang ng tax scheme..

[qman]

malabong bumaba sa tingin ko lahat nagtataasan eh

[fx36]

sana nga bumaba....plan ko kasing bumili ng car next year

[cyberdoc95]

Kind of interesting to read that article. With all the economic figures like increasing inflation rates and possible further devaluation of Philippine currency, pointing out to a much harder and difficult times ahead. But I would like to read that article and see how the analysis was made.

All I know is that manufacturers make cars that are affordable/cheaper but they never make current prices cheaper. There's a difference in there. I'll set an example to make this point clearer. Example is Toyota's scheme on marketing. As you can see, Corolla never made cheaper ever, but toyota made affordable/cheaper cars like Vios and avanza.(Oo nga pala, subjective nga pala when I said "Cheap". Just trying to set an example to get my point across).

Ciao!

[hagiber]

Kung bababa ang dollar exchange rate at ang cost of electricity, pwedeng bumaba din yung prices.. (both scenarios unlikely)...

[wilcats]

and she told me nga pla na ung reason daw kc mahina un sales ng car companies ngayon kc madami wla pera... i'LL try to find that article in the newspaper she was talking about..

[EC248M]

Thats a good news but I doubt, the dollar exchange rate is so high and go higher everyday.

But who knows... let's wait and see.

[Mguy]

I think they did drop the price now. I was eyeing on the lancer GLS and it was selling at 720K, now they're selling it at 690K. As for the other models, they also took off 30k.

[wilcats]

really? sa mitsu lang un? wut about honda?

[ram]

with everything going up, i very much doubt it. what they'll probably do is offer a lower priced model.

[van_wilder]

actually bumaba ang dollar... baka nga bumaba pa sa P56 eh... check niyo... kasi ako everyday ko chinecheck kasi kailangan ko ng dollar lagi... christmas kasi eh, maraming remittance...

[kyle618]

dapat lng sana... babaan dpat nila un mga prices ng mid-end cars like 325i para mas abot ng middle class peeps

[tagalnasaabroad]

mag wait & see nalang ho kayo..very fickle minded ang ekonomiya natin imho..iba sa ngayon iba bukas..

[superdude]

actually bumaba ang dollar... baka nga bumaba pa sa P56 eh... check niyo... kasi ako everyday ko chinecheck kasi kailangan ko ng dollar lagi... christmas kasi eh, maraming remittance...
kaya bumababa dollar ngayon kasi bagsak din ang economy ng amerika dahil cgro sa war against iraq.mas maganda na takbo ng euro ngayon even the BSP have euro and yen reserve na hinde nalang puro dollar reserve.

[Karding]

really? sa mitsu lang un?

Malamang sa Mitsu totoo. Alam naman nating binitawan na ng GM ang Mitsu at wala nang taga-bayad ng utang ang Mitsu. Saka lagi namang may incentive ang Mitsu compared to all other top manufacturers like Honda and Toyota.

From time to time, $3,000-$5,000 off and prices ng Mitsu sa US. Nalugi din sila dahil sila ang takbuhan ng buyers with bad credit. Then after a year, the buyer fails to finance the car. Kaya maraming used Mitsu sa lot.

[jds]

Hopefully...
Para makabili naman ng brand new at latest models available ngayon.

Come to think of it, kung mahina and demand at maraming supply, better for them to give discounts rather than no sales at all.

Just wait and see.

jds

[badkuk]

hmmm...bababa nga ung presyo ng cars...pero ung gas.....;).

[cyberdoc95]

Originally posted by superdude
actually bumaba ang dollar... baka nga bumaba pa sa P56 eh... check niyo... kasi ako everyday ko chinecheck kasi kailangan ko ng dollar lagi... christmas kasi eh, maraming remittance...
kaya bumababa dollar ngayon kasi bagsak din ang economy ng amerika dahil cgro sa war against iraq.mas maganda na takbo ng euro ngayon even the BSP have euro and yen reserve na hinde nalang puro dollar reserve.

Hey Superdude,

I beg to disagree to your conclusion that USA's economy is down and certainly not because of IRAQ War. As a matter of fact, USA has maintained economic growth as projected. If you look closely and analyze it, you will see how advantageous it is to the US economy when lowering the value of the dollar.

As you can see the value of the dollar is determined by confidence. THe reason for the dollar decline is mainly because of the trade deficit between the US and the rest of the world of about $600Billion. Meaning, the US has been buying more stuff from the rest of the world while the world hasn't been able to buy US-made products due to high dollar value.

The devalued dollar post its advantage to American Companies since this favors EXPORTING of American GOODS since dollar would be cheaper like in Europe for example. While european in return will have difficulty exporting their products since EURO is expensive.