Mitsubishi Motor Philippines Corporation (MMPC) is the latest carmaker to announce its new suggested retail price or SRP taking into account the Tax Reform for Acceleration and Inclusion or TRAIN Law.

Like Toyota, Mitsubishi’s announcement serves as a barometer of sorts since they carry a wide range of products from sub-compact hatchbacks to luxury SUVs.

As expected, Mitsubishi’s prices are up across the whole model range with the exception of the Pajero which remains steady at P 2,770,000. That said, the price increase is actually managed well with a vast majority of products gaining just 2 to 5 percent in price. Biggest hit is actually the Montero Sport, in particular the mid-range GLS and GLS Premium variants which see a 7.6 percent and 5.52 percent increase respectively.

Even more interesting is MMPC’s decision to increase the Strada’s pricing this January. Supposedly exempt from excise tax, MMPC cites unfavorable exchange rates during the latter part of 2017 for the increase in price. Furthermore, these Strada pickup trucks are all 2017 stocks and are therefore covered by the previous excise tax scheme. MMPC expects to deplete their stocks in the next few months, and only then will they announce the effective post-TRAIN price.

Also, worth noting is Mitsubishi’s thin line-up for January with several models and variants absent. Notably missing from their official price list is the Lancer EX and ASX as well as certain variants of the Montero Sport and Strada. The Adventure too sees a reduction of variants from 5 to 2, but this is likely due to their impending phase out due to not meeting Euro 4 emissions standards.

Comparing Mitsubishi’s official January prices versus our predictions last December, we’re spot on: just 0.96 percent off with the Montero Sport GLS Premium and 0.18 percent off with the Mirage GLS CVT. This continues our accurate prediction streak to 5 out of 5.