Results 211 to 220 of 828
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June 10th, 2010 12:35 AM #211
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June 10th, 2010 12:48 AM #212
Ideally, yes, and I support this. Unfortunately, that pesky free-trade zone law we signed into effectively removes the need for manufacturers to do this. Sadly. The free trade agreement should give us the chance to penetrate other markets... or would if the cost of doing business locally were actually competitive enough that we could do this. Hopefully the Chinese can be persuaded to use the Philippines as their ASEAN springboard.
Why wouldn't he? What's the most common question you see here on tsikot when somebody asks about an import?
"Okay ba ang Pajero na Subic? Kumpara sa local?"
"Okay ba ang Honda Jazz na galing Japan? Mas maganda ba ito kaysa sa local?"
I don't know about you... but after years of seeing these questions, that's always the theme. Not whether they'd be better off buying secondhand or brand new. Take time to dig up the threads and see what the buyers are actually thinking.
And they are still competing with secondhand cars. Not brand new ones.
As I pointed out... the resale value of old cars and the asking prices are not negatively affected by Subic imports. Resale value does matter to some people, but it's a pointless proposition. Do I feel bad that my car's resale value is about 100k less than a comparable Honda's? Yes. Do I feel bad that my car's brand new selling price was about 150k less than a comparable Honda's? Obviously not.
The only cars nowadays with high resale value are economical cars. And these are usually cheap, bare models. Too bad we all missed the Picanto bandwagon... If you bought a Picanto when it was launched, resale value after three years was 100%. :hysterical: If all people cared about was resale value, nobody would buy anything except Honda Jazzes and Isuzu Crosswinds.
And yet the best-selling list is topped by Toyota Fortuners, Mitsubishi Monteros and Hyundai Tucsons, so apparently not all people feel that way.
Sure the Fort's resale is good for a luxury car, but losing half a million pesos in depreciation after just three years doesn't strike me as sound business sense. Whadayathink?
I wonder what BMW owners think when they lose around 1.5 million in residuals after three years of owning their stupidly expensive to maintain cars? They're probably thinking: "Maybe I should trade up to a new model... I want a red one this time..."
I don't really care, it's up to him to confirm or deny it if he actually wants to. I just find it amusing that you're all so happy that he's said this... like it was the end of a Hardy Boy's mystery or something.
Ideally, they should. But no amount of cost-cutting will get a brand new Pajero to cost as little as any secondhand Pajero.
And again, nobody looking at a secondhand Pajero is going to want a brand-new Vios, even if they're the same price.
The government's problem. They're the ones who bollixed up the import laws and left the damn loopholes. Personally, I would favor allowing imports, then slap them with a 50% tax based on brand new value (escalating to the same 100% tax that high-end vehicles pay), rather than the stupid scrap value that importers claim them at, and force them to undergo a rigorous and (more importantly) expensive MOT-style test as they do in the UK. That would literally kill the market for secondhand Japanese imports... if they were forced to use brand-new equipment to convert to LHD and had to pay proper tax, they wouldn't be able to undercut the prices of local surplus cars.
The only buyers then, for imports, would be the collectors who crave rare cars which were not sold here... everyone else would go back to scrounging the classifieds for local. Everyone's happy.
Innuendo is a wonderful thing, isn't it?
http://tsikot.yehey.com/forums/showp...&postcount=798
Ang pagbalik ng comeback...
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June 10th, 2010 01:03 AM #213
Smuggled cars, yes, were a problem... but that's not an issue of importation per se, but of the lack of enforcement to protect our industry.
In a country where a ship can just pull up to shore and dump hundreds of surplus scooters off on an unmarked beach, protection for local industry is a big problem, despite the laws that exist to protect it.
Sadly, it's also difficult to write a law that would only allow spare parts and not leave loopholes for people to simply cut cars in half and weld them back together again when they get here (yes, I'm familiar with this trick, though I would never ever trust my life to something like that!).
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Quality is a problem... and perceived quality. Owner-types are going the way of the dinosaur because they're not progressing in technology, and for the cost of assembling one with a surplus engine, you can already buy cheap manufactured secondhands... and no longer just Subic imports... there's even more competition now from locally sold cars that have depreciated in value to near rock-bottom levels. The smuggled Subic cars may have started the trend, but the maturing market and growing supply of locally bought secondhands are what will finally kill the cottage industry.
At least there will always be room for small-scale manufacture of Wrangler-types for the off-road enthusiasts, and Willys reproductions such as yours, but in today's world, backyard assemblers are likely going to go the way of the dodo, unless new products and concepts are found that they could sell for a good price and that people will actually want. Small chinese companies may, ironically, point the way forward.
Heck, even specialists are in trouble. For the life of me, I still can't find the shop in Laguna that sells the Suzuki-based micro-owner types. I really wanted to do a feature on them!
Ang pagbalik ng comeback...
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June 10th, 2010 01:16 AM #214
Our local auto manufacturing industry is ailing not because of smuggling.
It is simply a symptom of a sick economy.
In a sick economy, people don't buy a lot of expensive goods.
The typical pinoy income is barely enough to keep the typical Juan dela Cruz in shelter, fed, educated and healthy.
Brand new cars is an expensive luxury that only the fortunate few can afford.
Yet for those who need personal transport, many opt for scooters and motorcycles.
Scooters & motorcycles are cheap to buy and cheap to operate.
Government protectionism policies can only help so much, but if the people dont buy enough new cars, even the most drastic protectionism policies will not help.
The average pinoy motorist is also to blame.
We tend to keep our cars on the road longer than other countries.
We tend to keep our cars ten years, fifteen years, twenty years after leaving the car's showroom.
Old cars still being used by the Pinoy motorist prevent new cars from being sold.
Assuming a car's model life is five years... a 15 year old car means it has kept at least two new cars from being sold by the car dealers.
So why does the typical Pinoy keep his car for so long?
The answer is simple. New cars are expensive.
Why are new cars expensive? There are too many taxes, fees, profits, commissions added to the cost of the car that the final selling price has increased 30%, 40% to even 50% above the price in other surrounding countries.
So if cars are expensive, people don't buy a new car often.
Expensive cars in a sick economy results in even less new cars to be sold.
The solution is obvious ... but everyone involved wants their share of the honeypot and then some.
Hence everyone loses.
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June 10th, 2010 05:54 AM #215
+1 ako dyan.... mahal talaga. tapos mababa pa kinikita ang average filipino. even i have my own problems maintaining my 1 year old vehicle... natatakot pa nga ako sa mga gastos na dadating when i read some of the feedbacks / threads regarding repair and such.
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June 10th, 2010 08:16 AM #217
Last edited by ocanursjr; June 10th, 2010 at 08:23 AM. Reason: spelling
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June 10th, 2010 08:29 AM #219cars are more expensive in other countries. I agree that economy and spending power play a vital role.
kaya lang lets confine it to the auto industry muna. we have to choose our battles. economy is too broad.
lets just focus on the 150 to 200 thousand people who can buy a new car yearly. I dont mean that they buy cars every year, but every year this is the number of new cars sold.This is a big enough industry. although it represents a very small percentage of the population, it is still quite a big industry . we should protect this industry. kaya lang when we started smuggling SUB-ics the sales of brand new cars were extremely affected.
Ngayon nag iimprove na. Car companies are increasing sales. Sana tumulouy tuloy na.
dapat di na payagan ang second hand.
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June 10th, 2010 10:06 AM #220
hahaha
obviously, sombody doesnt know how things work
somebody thinks you gotta be out there chasing clients all day to sell Japan imports
somebody doesnt know that all you need is yard, a small office, and a sign that says "Japan Surplus"
and an internet connection so you'll have something to do all day
somebody's thinking field salesman
hahahaha