The death of the car industry

**Syuryuken** · February 24th, 2017 01:42 PM

April na bang implementation ng excise tax sa mga sasakyan?

**jamazi** · March 5th, 2017 08:33 PM

Originally Posted by Syuryuken

April na bang implementation ng excise tax sa mga sasakyan?

Tuloy pa ba to? Planning to delay my purchase till July

**jut703** · March 5th, 2017 10:56 PM

Doubt it.

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**yebo** · March 5th, 2017 11:22 PM

Originally Posted by Monseratto

How prices of your favorite cars will go up with the new excise tax | Motoring, Business Features, The Philippine Star | philstar.com

After the death of the mining industry... this admin seems to be encouraging people to become OFWs.

covered ba ng excise tax increase ang 2nd hand car market? OF NO, then does this mean that if i put a dp on an everest now then the tax takes effect on april this year, and i sell the car in May for a "300k discount" does it mean i make 600k in 2 months?

**jut703** · March 5th, 2017 11:39 PM

Originally Posted by yebo

covered ba ng excise tax increase ang 2nd hand car market? OF NO, then does this mean that if i put a dp on an everest now then the tax takes effect on april this year, and i sell the car in May for a "300k discount" does it mean i make 600k in 2 months?

It really depends IF it will get approved. Many people are speculating but I haven't seen any concrete action on this. Usually it'll take several discussions in congress, although even that isn't certain since this admin likes railroading everything.

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**minicarph** · March 6th, 2017 12:02 AM

The cars that are increasing in price are the Hot ones. Obvious na obvious na artificial increase perpetrated by car salesmen, car dealers and the car media outfits over an issue that is for Metro Manila only.

Why would the govt. tax the provinces where the roads are free from both pollution and congestion

**StockEngine** · March 17th, 2017 08:46 PM

rejected... by the DTI

http://www.topgear.com.ph/news/motor...00013-20170317

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**Automahn** · April 25th, 2017 07:19 AM

Will gray market / parallel import vehicles be affected by this new excise tax?

**niky** · April 25th, 2017 04:12 PM

Originally Posted by Automahn

Will gray market / parallel import vehicles be affected by this new excise tax?

Good times will be back.

Rationalization of import prices and the entry of "official" dealers has hurt some of them badly.

Mini, for example, sold for about a million pesos less than "gray market" imports did. A gray market secondhand Cooper S sold for the same money as a brand new Cooper S at the time. The Nissan GT-R is another case for official over gray.

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Now official dealers, who have to report sales and who fill out their taxes properly, will be at a disadvantage. The gray market should experience an uptick in sales... especially those selling luxury cars.