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Gasoline Boy
- Join Date
- Feb 2004
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- 726
February 12th, 2007 03:30 PM #1Last year the exchange rate was PhP 56.25 per US$, Bakit kaya hindi nababa ang presyo ng sasakyan natin. I have US$ kept in the bank for the purpose of buying a family SUV this year, but i just pospone it for the moment dahil talo talaga. If we will do our simple mathematics, vehicle prices should drop by at least 14% vis a vis w/ the present current exchange rate.
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www.bigbigcar.com
- Join Date
- Oct 2002
- Posts
- 14,822
February 12th, 2007 03:43 PM #2Well... hindi lang naman exchange rate naka depend ang vehicle price... malaking factor din ang tariffs & tax-breaks.
For example, Hyundai's SUVs are priced very competitively against the competition. Philippine made SUVs (Tribute & Escape) are also priced lower than their counterparts.
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Moderated
- Join Date
- Oct 2002
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- 2,075
February 12th, 2007 03:56 PM #3It is easy to justify price increase due to peso devaluation or rising prices of oil, but not for price decrease. They always find another reason not to lower prices even if the real reason is max profits.
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Nokia Field Ops
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- Feb 2005
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- 469
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Tsikot Member Rank 2
- Join Date
- Jan 2006
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- 360
February 12th, 2007 05:00 PM #5So having a higher peso to dollar exchange rate 56/1$ benifits the masa? having millions of OFW abroad by simple math you can say bumaba ang mga sweldo nila because of low exchange rate ngayon? Just a thought
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Gasoline Boy
- Join Date
- Feb 2004
- Posts
- 726
February 12th, 2007 05:26 PM #6Wla akong makitang benefits ang improved Exchange rate sa Pinas. Ganun pa rin prices ng commodities.The fact is, i'm losing almost Php8/$ sa sweldo ko. hehehe...mukhang talo din yata ang mga exporters natin.
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Verified Tsikot Member
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- Feb 2005
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- 51
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Tsikoteer
- Join Date
- Jun 2006
- Posts
- 430
February 12th, 2007 07:52 PM #8I wholly agree... Ang mga OFW ngayon ang talong talo sa current surge of the PhP...
Originally Posted by centum
Or is it the drop of the USD??? If you look at the exchange rates of the USD against the other currencies especially the Euro, it's dropping like a rock...
That's why I don't believe that the Philippine economy is improving....
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Tsikot Member Rank 2
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- Jan 2006
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- 360
February 12th, 2007 08:02 PM #92X to this! mas mabuti pa ang time ni erap masaya ang mga OFW ang taas ng exchange rate.. Originally Posted by centum
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Darker and Bigger
- Join Date
- Oct 2002
- Posts
- 40,396
February 12th, 2007 08:09 PM #104 words Originally Posted by centum
Last year the exchange rate was PhP 56.25 per US$, Bakit kaya hindi nababa ang presyo ng sasakyan natin. I have US$ kept in the bank for the purpose of buying a family SUV this year, but i just pospone it for the moment dahil talo talaga. If we will do our simple mathematics, vehicle prices should drop by at least 14% vis a vis w/ the present current exchange rate.
you're in the Philippines!
ironic noh? actually mga OFW ang one factors kung bakit bumaba ang exchange rates through their remittances...hehhee Originally Posted by gonzo
2X to this! mas mabuti pa ang time ni erap masaya ang mga OFW ang taas ng exchange rate..
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Originally Posted by centum
