Itís Your Money > Taxes

Excise tax on Automobile

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balutsky:
I do not know if y'all are aware of the new excise tax on new automobile  that will take effect on Jan 2018 and 2019.  If you are planning on buying a new car, you need to buy it before the end of the year as prices will significantly goes up. 

The good 'ol Philippine congress is also thinking of implementing more taxes on petroleum products.  If approved, it will also take effect next year.  Taxes, taxes and more taxes.  One of three things that are guaranteed in our life.  Below are the links.

http://www.carguide.ph/2017/05/how-approved-excise-tax-bill-affects-20.html
http://www.philstar.com/headlines/2017/05/05/1696914/diesel-tax-fuel-levy-hike-take-effect-2018

David690:
Yes there will be a significant increase, approx 30% for the Ranger Wildtrak that I am planning to buy.  If all goes to plan I will purchase both my wife's car and mine before the end of the year.

FMSINC:

--- Quote from: David690 on July 20, 2017, 01:05:12 AM ---Yes there will be a significant increase, approx 30% for the Ranger Wildtrak that I am planning to buy.  If all goes to plan I will purchase both my wife's car and mine before the end of the year.

--- End quote ---

Check out the Mazda BT-50 before you buy the Wild Track I just bought the 4x4 automatic 3.2 engine leather  seats, back up camera all drive line components are identical to Ranger only the body is different it also comes with 3 year 150,000 Km Warranty with Free Oil Changes and service 1,500,000 Ranger is 1,735,000

BudM:
I guess with the demand on the incline to beat the end of the year, all the prices probably will be going up for you guys prior to the tax increase.

David690:

--- Quote from: FMSINC on July 20, 2017, 09:16:29 AM ---Check out the Mazda BT-50 before you buy the Wild Track I just bought the 4x4 automatic 3.2 engine leather  seats, back up camera all drive line components are identical to Ranger only the body is different it also comes with 3 year 150,000 Km Warranty with Free Oil Changes and service 1,500,000 Ranger is 1,735,000

--- End quote ---

Thanks for your suggestion.  I have done heaps of research and checked out the Mazda as well, and for me at least, the Ford is my choice.  The top 3 trucks are the Mazda BT50, Chevrolet Colorado and Ford Ranger Wildtrak.  A lot comes down to personal opinion, styling, brand recognition, etc etc. 

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