Why are cars in the Philippines expensive?

**4agze** · December 18th, 2009 10:46 AM

3 yrs ago just like any Filipina nurse in the US retired and went back to Phil. 2 yrs ago she asked her boys for a car so just like any loving Filipino children we say ok. She picked a Toyota Camry AT that cost i think P1.3M thats around US $27K, thinking she got the V6 top of the line Camry, but last year we visited her saw the Camry it was almost basic pretty disappointed we payed that much for it. Last night I was reading that camry,accord & legacy and made me wonder how much is a mid size car in phil. so I googled and found this Toyota Philippines site w/ a price list. a camry listed as P1,451,000 or US$31,000 I'm sure thats not fix price and can still go down but I was wow thats high.

http://www.toyota.com.ph/pricelist.asp

here is a local toyota dealer near me (not the cheapest dealer but the nearest to me) 2010 Toyota Camry 4dr Sdn I4 Auto LE this is the basic here in the US cost $22,919 you can even bring that price down, I've seen cheaper like around $19,000

http://www.kmtoyota.com/detail-2010-..._-4907809.html

Why is it more expensive? I was thinking is it the TAX? I always think in the US specially in California we get screwed in tax, everything is taxed here. I'm not just talking about camry i also looked at yaris Just curious...

**alwayz_yummy** · December 18th, 2009 11:02 AM

haven't you seen the price of the new prius here? mas nakakashock yun..

mostly tax talaga...value-based kasina dito sa pinas..

**Altis6453** · December 18th, 2009 11:13 AM

Originally Posted by 4agze

3 yrs ago just like any Filipina nurse in the US retired and went back to Phil. 2 yrs ago she asked her boys for a car so just like any loving Filipino children we say ok. She picked a Toyota Camry AT that cost i think P1.3M thats around US $27K, thinking she got the V6 top of the line Camry, but last year we visited her saw the Camry it was almost basic pretty disappointed we payed that much for it. Last night I was reading that camry,accord & legacy and made me wonder how much is a mid size car in phil. so I googled and found this Toyota Philippines site w/ a price list. a camry listed as P1,451,000 or US$31,000 I'm sure thats not fix price and can still go down but I was wow thats high.

http://www.toyota.com.ph/pricelist.asp

here is a local toyota dealer near me (not the cheapest dealer but the nearest to me) 2010 Toyota Camry 4dr Sdn I4 Auto LE this is the basic here in the US cost $22,919 you can even bring that price down, I've seen cheaper like around $19,000

http://www.kmtoyota.com/detail-2010-..._-4907809.html

Why is it more expensive? I was thinking is it the TAX? I always think in the US specially in California we get screwed in tax, everything is taxed here. I'm not just talking about camry i also looked at yaris Just curious...

About 20-40% of the price of motor vehicles here have to do with the tax structure of the Philippines. Plus, unlike the US where you have American, European and Japanese manufacturers and dealers in almost perfect competition with each other (not to mention a very vibrant pre-owned car market), here, its basically just the major Jap brands: Toyota, Honda, Nissan or Mitsubishi and not much else.

**ghosthunter** · December 18th, 2009 11:16 AM

Originally Posted by 4agze

Why is it more expensive? I was thinking is it the TAX? I always think in the US specially in California we get screwed in tax, everything is taxed here. I'm not just talking about camry i also looked at yaris Just curious...

Taxes (virtually all cars are imports even if some are locally assembled), low volume of sales (as compared to other countries), expensive overhead (showroom, salaries, executives, etc)...

Want to check out other cars? Try the following website and click the brand names on the upper portion to see the pricelist of cars under that brand.

http://www.auto-searchphilippines.com/

**meledson** · December 18th, 2009 11:19 AM

pag CBU, mayroong importation duty tax. tapos may 12% VAT pa on top.

pag asean galing, mas mababa yata ang duty tax kaysa sa hindi asean galing ang CBU.

galing asean ang avanza pero ang picanto ay hindi. kaya halos magka presyo ang picanto at avanza J.

masakit talaga ang tax

**4agze** · December 18th, 2009 11:37 AM

Originally Posted by alwayz_yummy

haven't you seen the price of the new prius here? mas nakakashock yun..

mostly tax talaga...value-based kasina dito sa pinas..

holly crap thats almost $50,000, I was thinking my tita go screwed paying her 2009 prius for $35,000+.

Taxes (virtually all cars are imports even if some are locally assembled), low volume of sales (as compared to other countries), expensive overhead (showroom, salaries, executives, etc)...

Want to check out other cars? Try the following website and click the brand names on the upper portion to see the pricelist of cars under that brand.

http://www.auto-searchphilippines.com/

Mother F**ker your Fords are way too much, a focus 1.8liter is P779,000 thats $16,000 that better be a fully loaded focus. a explorer 2WD is P2,345,000 thats $50,000 wow, here explorer is one of the cheapest full size SUV you can buy $28,000 is too much for this but if I compare it to Phil. price that really sad

yes thats how much we really pay on our ford explorer here $25,988
http://kearnymesaford.uptracs.com/tr...styleID=313578

**renzo_d10** · December 18th, 2009 01:54 PM

^^ Have you seen the price of the TYT LC200 ? :twak: It's damn expensive. Around 4m+

**4agze** · December 18th, 2009 02:15 PM

^^^ I stop looking at it I'm getting sticker shock

**renzo_d10** · December 18th, 2009 02:22 PM

Face it. The pricing-scheme here in the Phils is just crazy. As in literally CRAZY. Stupid taxes.

The prado is priced ( I think ) 3.5m.

**crossdx** · December 18th, 2009 02:58 PM

Sigh. That's just the way things are here. Being a third world nation, a lot of things are cheaper here than in the U.S., but that unfortunately doesn't extend to automobiles. We get taxed up the wazoo.