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Verified Tsikot Member
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October 11th, 2009 11:35 AM #1I did some research regarding jpepa and it seems tariff rates on vehicles with engines displacement of 3 liters and above will go down from the present 30% to 0% effective 2010. Tariff rates for vehicles with less than 3 liter engine displacement will go down from 20% to 0%
But it also states that the Philippine government can re-negotiate to defer 0% tariff for vehicles with 3 liter or more engine displacement.
If the Philippine government does not re-negotiate, it seems there will be a reduction on car prices.
This applies to vehicles originating from Japan.
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October 11th, 2009 01:04 PM #2
So mga JDM vehicles lang? I assume Thailand made Japanese branded cars are not included?
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Tsikoteer
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October 11th, 2009 02:58 PM #3Yep, JDM. Thai made Jap brand cars not included. So, hmm...Accord/Pilot, Lexus?, Subaru?, Prado comes to mind.
You think they'll pass on the cheaper price to the end consumers? I'll ruin their price scales...
So I think they won't.
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October 11th, 2009 03:19 PM #4
The very expensive Rav4 will finally get lower prices.
I think basta CBU Japan, sakop siya nito.
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Verified Tsikot Member
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October 11th, 2009 06:31 PM #5Oo nga, you raised a valid point. This will create chaos in the pricing of cars sold locally since a lot of Japanese cars are made in Thailand. Will the car companies simply pocket the custom's duty savings? That is a substantial windfall profit per vehicle.
This year alone, customs duties for jdm vehicles are down from 29% to 20% already. The question is which models sold locally are imported from Japan? I think carmakers even raised prices this year bec. of the stronger yen, I suppose.
One car advertised as being made in Japan is Teana. I sure have not heard any price reduction from Nissan.
Besides RAV4, I think, Prado, Previa, Land Cruiser, Teana are CBU Japan I think. What other models are CBU Japan? What about yung Lexus?
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October 11th, 2009 07:03 PM #7
i think another made in japan car is the lancer ex. . .if it becomes cheaper, we may see more of it in the streets of manila =)
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October 11th, 2009 07:23 PM #8
Suzuki,Subaru and some Mitsubishi cars come to mind. Swift, Forester, and Outlander prospective buyers would rejoice by this development.
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Tsikoteer
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October 11th, 2009 07:28 PM #9Finally some overrated pricey vehicles na CBU's tag will be cut a bit
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yes, the battery cost is really high. it is probably the "when" and not the "how much", that is...
Mitsubishi Xforce