Results 831 to 840 of 1521
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December 12th, 2017 01:41 AM #831
What do the new rates mean? Cars ₱1M to ₱3.99M will actually be cheaper. Cars below ₱1M and above ₱4M will be more expensive.
This is net of the usual annual/monthly car price increase from dealers.
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December 12th, 2017 01:48 AM #832
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December 12th, 2017 01:58 AM #833
Maybe not for the XV since Motor Image priced it competitively at its launch. If M.I. puts in a much higher increase for 2018 (since it retained older pricing for the new model), then the SRP might end up more expensive still, but only in the low 5 digits.
As for me, personally, I'd probably end up playing the waiting game.
I might even wait for the Forester.
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December 12th, 2017 02:02 AM #834
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December 12th, 2017 05:51 PM #835
"Good morning Sir. Sir gusto nyo ipila ko na po kayo sa Cool Gray. Normally Sir at the end of the month may mga units naman na po. Refundable naman po Sir yung reservation. Ty"
Text this morning. I guess the confirmation of the excise tax brought out stocks all of a sudden.
Sent from my SM-G955F using Tapatalk
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December 12th, 2017 05:56 PM #836
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December 13th, 2017 08:36 AM #838
PM Sent!
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Using the series of equations I've posted on the Excise Tax thread, let's try some math for the 2 XV variants. Note that the estimated 2018 SRP does not include the usual annual increase from local distributors.
Subaru XV 2.0i-S CVT aka "Premium" or TOTL variant
- Current SRP: ₱ 1,538,000
- e-Vat set at 12%
- Computed using 20% profit margin
- Old Excise Tax bracket: ₱600K to ₱1.1M; Fixed Tax: ₱ 12,000; Marginal Tax 20% of value in excess of ₱ 600k
- Net Retail Price (less e-VAT, profit margin, and excise tax): ₱ 1,043,621.03
- 2018 Excise Tax bracket: ₱1M to ₱4M; Fixed Tax: None; Marginal Tax 20%
- 2017 SRP: ₱ 1,538,000
- 2018 SRP: ₱ 1,683,152.00
- Price Difference: ₱ 145,152.00
Subaru XV 2.0i CVT aka "Base" or entry model variant
- Current SRP: ₱ 1,348,000
- e-Vat set at 12%
- Computed using 20% profit margin
- Old Excise Tax bracket: ₱600K to ₱1.1M; Fixed Tax: ₱12,000; Marginal Tax 20% of value in excess of ₱600k
- Net Retail Price (less e-VAT, profit margin, and excise tax): ₱ 925,813.49
- 2018 Excise Tax bracket: ₱600K to ₱1M; Fixed Tax: None; Marginal Tax 10%
- 2017 SRP: ₱ 1,348,000
- 2018 SRP: ₱ 1,368,722.67
- Price Difference: ₱ 20,722.67
Maybe playing the waiting game is not the right direction for potential XV buyers...
Disclaimer:
Please do not take the above seriously as we haven't had confirmation from a tax/accounting expert that the arithmetic above is correct. The profit margin of 20% is also a wild guess at this point. The dealer might even choose to have a smaller profit margin this year since car sales are expected to slump.
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December 13th, 2017 11:54 AM #839
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December 13th, 2017 12:03 PM #840
It looks like there will be a class-action lawsuit vs Mercedes in Korea. The assertion is that...
Hybrids and EV