Tuesday, January 23, 2018

Mazda Philippines Updates Prices Due to Excise Tax


Bermaz Auto Philippines (BAP), the exclusive distributor of Mazda vehicles in the Philippines joins the lead of other carmakers in announcing new SRPs that take into account the Tax Reform for Acceleration and Inclusion or TRAIN Law.

Just like other subcompact offerings, the Mazda2 sees an increase anywhere between 4 to 7 percent. The base model Mazda2 1.5 S 4DR gets hit the hardest with a P 54,000 increase (now at P 849,000) while the Premium Series goes up the least at P 3.71 percent (P 1,015,000).

However, since there are limited stocks of the Mazda2 that cleared before January 1, 2018, BAP is still offering pre-TRAIN units until supplies last.

Furthermore, BAP is making its 3-year all-inclusive PMS program optional on the Mazda2. Customers who need extra financing support can forego the free PMS program in order to get a lower downpayment. That said, all Mazda2 models will still offer a 3-year warranty as well as 24/7 emergency roadside assistance on all Mazda2 units.

A segment up, the Mazda3 also goes up in price, but the range of price increase is far larger than in the subcompact segment. The 1.5-liter variants are up 6 percent with the 1.5 V 4DR ending up at P 1,058,000 and the 1.5 V 5DR at P 1,078,000. The 2.0-liter variants (except for the Mazda3 Speed) see a very small 2 percent increase (plus P 22,000). It’s the Mazda3 Speed goes up the most at 6.5 percent to P 1,490,000.

In the same price bracket, Mazda’s “dynamic freestyle crossover”, the CX-3 also sees increases for 2018. Though the base 2.0 Pro remains almost unchanged at P 1,290,000 (less than 1 percent increase), the other variants such as the Sport and Activ see an 8 to 9 percent increase (the Activ AWD model is now quite expensive at P 1,600,000).

Like the Mazda2, there are pre-TRAIN Mazda3 and CX-3 units available in limited quantities, and these can be had at the 2017 prices.

Other vehicles in the “deadly” P 1,400,000 to P 2,000,000 bracket such as the Mazda6 and MX-5 also see increases. The Mazda6 is heavily penalized under TRAIN with increases ranging from 8 to 12 percent, although the MX-5 seems to have weathered the excise tax storm pretty well, increasing just 1 to 4 percent.

Although prices are supposed to come down on pickup trucks (pickup trucks are exempted from excise tax), the BT-50 retains its price for now since these units arrived before January 1, 2018. However, to make the BT-50 more competitive against other pickup trucks that have gone down in price, Mazda Philippines is offering rebates and discounts at the dealer level.

The CX-9 also retains its price for 2018.

The most interesting case is with the Mazda CX-5 since supply has already shifted from Japan to Malaysia this 2018. This move, done to supposedly offset the effect of the excise tax with lower import duties has ended up with mixed results. The only model to remain protected against the effect of the excise tax is the top-of-the-line 2.2 AWD Sport D which retains its price at P 2,200,000. However, both gasoline variants—the 2.5 AWD Sport and 2.0 2WD Pro have gone up because the cost increase (forex, etc.) and excise tax increase couldn’t offset the reduction in Japanese import tariffs. The 2.0 Pro is up by P 100,000 (6.45 percent) while the 2.5 AWD Sport is up P 55,000 (2.90 percent).

A small fine print also indicates that although prices of Mazda’s premium colors—Machine Gray and Soul Red still commands a P 16,800 premium, the Soul Red Crystal (currently exclusive on the CX-5) now sets you back P 22,400.

Compared to our predictions last December, we were just within 5 percent of the predicted prices for Mazda. Our biggest variance is with the Mazda3 2.0 Speed (5.44 percent), while others such as the CX-5 Pro 2WD is just at P 2.37 percent, while the MX-5 RF with Nappa Leather at just a 0.47 percent.

15 comments:

  1. This is tear jerking. Mazda 6 got hit the worst. It's still better value though than other mid-sizes, but seriously, that wagon model has got to be the kicker. Too late now, unless you run for the 2017 models getting sold out fast.

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  2. The mid size market is dead due to advent of spacious and more comfortable SUVs like Explorer, Sorento, Santa Fe etc. Only a handful are buying those cars anymore especially 6 with its troublesome istop

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    Replies
    1. Please enlighten me on how troublesome istop is. Thanks

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    2. Some owners reported battery failure in less than a year and replacing it is quite expensive. More expensive than a regular battery. There is an option to turn it off but its on by default so there may be times where you might forget it or someone else borrows the car without that knowledge.

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    3. It's not perfect but you can set the climate control temp at 18 degrees celsius and it will automatically be disabled. And don't use it in stop and go traffic. It was designed to be used in normal 1st world country traffic wherein you'll only stop at stoplights. My 2017 3 has been around 1 year and a month and I only use it in heavy standstill traffic or in stoplights that just turned red, no in stop and go traffic.

      Total used time is 23 hours and I saved 110km worth of fuel which will amount to php1100 at 5km/l of heavy city traffic. If you will use it all the time, you'll save more but it will also shorten the battery's lifespan.

      Overall, it's the best driving and feeling car in the affordable compact segment. All the others doesn't feel as special compared to the 3. The Altis is easy but lame to drive, the Civic's CVT zaps the fun, the Elantra and Forte feels so so and the Jetta is a solid but not as great to drive as the 3. The downside with every Mazda however is the average backseat space and parts will require weeks to arrive. If you can live with these compromises, you'll never regret owning one. -Mazda 3 owner

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    4. See, why'd you have to do that?In other cars you just drive and go, without worrying about any of that istop BS.

      And since you said "best driving and feeling car" and mentioned other compact cars, where is the ford focus? I've driven one and its leagues better than the mazda 3 in terms of power and fun to drive factor. The power will dig you in your seat, plus the way it handles is just amazing... Fuel consumption is jot bad either, 7.7km/L at 19km/h.

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  3. same price for the cx-9, mazda tsk tsk..

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  4. Steven Tan, put some sanity into your pricing dude.. mazda cars ain't gold.

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    Replies
    1. They're priced competively with the competition, I ser no problem with the pricing. Have you compared Honda and Toyota's pricing and equipment per car?

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  5. At this rate, its bettwr if Mazda just discontinued the CX3 because at those prices, no one is going to buy them anynore. As if people buy them to begin with. Better just cut it from the lineup.

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  6. LMAO!! The CX5 was expected to be cheaper or atleast maintain its price since it's now made in Malaysia but the exact opposite happened. The Mazda 6 wagon is so overpriced considering it being underpowered.

    Mazda for sure will take a massive hit in sales this year unless they give out generous discounts.

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    Replies
    1. Even the MX5 has a pitiful 160hp rating but if you researched about Mazda, their cars are not the most powerful but they're among thr best driving cars in their segment. If you pit an 86 vs an Mx5 either in the dragstrip, twisty mountain roads, or in a track, the Mx5 is still quicker despite having 40 less horses. Heck, if you take a look at some German marques, some of them just offer 120-150hp at 2.8m above.

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    2. Im very much aware of it, no need to lecture me. One significant aspect as to why the MX5 is quicker despite 40 hp down as compared to the 86 is mainly due it having a smaller configuration ( 2 seater) & lighter thereby having a better power to weight ratio as compared to the 86 which is bigger and has a 2 + 2 configuration making it heavier. Although i have to commend its solid build of the MX5.

      It's still a gay car though.

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  7. If some are diesel variants ill agree with the pricing... but you are in the philippines.. "surprise mada fvckas" :)

    ReplyDelete

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