View Poll Results: Will the Toyota PRIUS be a hit or flop in the Phil auto market?
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June 23rd, 2009 10:07 AM #21100 units for 2009?? flop! hehe well, most likely ilang artista at politico lang bibili niyan just for the image and publicity. it just doesn't make any economical sense. kung presyo lang ng compact car yan there's a chance.
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June 23rd, 2009 10:21 AM #23
sobrang dami naman patong patong na tax.
from manila bulletin http://www.mb.com.ph/articles/207625...car-prius-here
Tax component accounts for 30 percent or an estimated P600,000 of the P2.2 million retail price of the environment-friendly Toyota Prius, Toyota Motor Philippines Corp. (TMPC) president Hiroshi Ito said.
Ito told reporters at the launch of the third generation Prius on Friday that should the government decides to lower taxes on hybrid cars like Prius prices of these kinds of models would substantially go down.
The 1.8 liter Prius is slapped with 20 percent import duty, 45 percent excise tax and 12 percent, which could amount to about P600,000.
TMPC first vice president for marketing Danny Isla said there is a pending bill in Congress that seeks to grant incentives to hybrid cars but progress has been slow. Isla said that it should be an industry effort to push for the passage of this bill because there would be other hybrid cars that are expected to follow Prius in the local market like Mitsubishi and Honda, which have their own environment friendly car models.
"Other companies may just be waiting for the passage of the law before they launch their own model,” Isla said.
Ito also said their sales of Prius is on a limited basis because production in Japan could not accommodate the high demand of this car model.
The company is looking at total sales of 100 units until December this year. They have an initial inventory of 35 units.
According to Ito, the buyers of Prius are individuals who understand this kind of technology and the need of the environment for eco-friendly cars.
“Our buyers are composed of very unique people,” Ito said.
“Our buyers are people who are not conscious of saving fuel costs, but people who want to make a statement.
These are not first time buyers. in the U.S., the biggest market for Prius, most of the buyers are Hollywood stars,” Isla said.
Isla, who is also president of Lexus Manila, the independent company for the marketing of Lexus here, said that five buyers of Lexus have also expressed interest to buy Prius. (BCM)Last edited by impulzz; June 23rd, 2009 at 10:24 AM.
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June 23rd, 2009 10:50 AM #25
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June 23rd, 2009 11:15 AM #26
I think prius would be a hit if like what they say, gas prices climb up to 60 pesos per liter which is uhh....so, high. But then again there are lots of alternatives there....and they're cheaper.
I wouldnt be surprised if Toyota can sell 100 prius' for 2009.
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June 23rd, 2009 11:31 AM #27
Even if gasoline prices hit P60/L or higher again, I doubt if people would flock to
Toyota to buy a Prius as "the solution to high fuel prices". It still doesn't make basic economic sense to buy a multi-million car that would never recoup it's purchase price in fuel cost savings.
Other alternatives still make better economic sense including converting your existing vehicle to Auto-LPG, downsizing a large-engined car to a slightly used smaller & fuel efficient smaller car to commuting to work/school when the situation permits.
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June 23rd, 2009 11:49 AM #28
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June 23rd, 2009 02:45 PM #29
100 units for 2009. KAYANG-KAYA!
250+ members ng congress plus governors and mayors pa!
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June 23rd, 2009 02:58 PM #30
You're absolutely right.
I'd buy a brand new X-Trail 4x2 with the dealer-equipped Auto LPG kit (i think its Gates) at just the additional cost of about Php 80k. So, if its a 4x2 X-Trail, that'll cost you around Php 1.2M or even less, depending on the discounts. For the amount I'd save, I'll spend on gas, accessories, maintenance, etc.
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Daytime running lamp (DRL)