MG PH offers prices exclusive of DTI’s safeguard duty

Updated Jul 12, 2021

Same topic: Automotive Industry Updates

It will last until May 15 only.

Many car brands have complied with the Department of Trade and Industry (DTI)’s safeguard duty that adds Php 70,000 to imported passenger vehicles. MG Philippines, on the other hand, decided not to impose the tax on its lineup’s suggested retail price (SRP) until May 15, 2021.

This means that MG vehicles offered in the local market will retain their current price tags. The British-bred car brand said that it will cover the provisional safeguard measures to provide customers with a more affordable payment scheme without additional fees.

MG RX5

As of this writing, MG Philippines is offering four models in the country, namely the 5 subcompact sedan, 6 midsize sedan, ZS subcompact crossover, and the RX5 compact crossover. All models come with design elements from MG’s long British heritage and are offered with relatively affordable pricing.

Here is the complete list of MG Philippines’ lineup with their corresponding MSRP before the safeguard duty:

Model

Variant

MSRP

MG ZS

1.5 L MT Style

818,888

1.5 L AT Style

868,888

1.5 L AT Alpha

998,888

MG RX5

1.5 T MT Core

1,058,888

1.5 T AT Style

1,228,888

1.5 T AT Alpha

1,298,888

MG 6

1.5T 7TST Alpha

1,068,888

1.5T 7TST Trophy

1,188,888

MG 5

1.5 L MT Core

658,888

1.5 L AT Core

718,888

1.5 L AT Style

848,888

1.5 L AT Alpha

938,888


“We are happy to share that TCCCI will continue to support the motoring needs of the market by not collecting an additional fee to cover the Safeguard Measure Bond as issued by the DTI. We would like to continue providing our clients with affordable offers by retaining the current standard prices on all MG models and variants until May 15, 2021,” said MG Philippines President and CEO Atty. Alberto B. Arcilla.

“As the local economy and industry continue to recover and strengthen, MG Philippines remains committed to giving Filipinos access to well designed, safe, attainable, and modern mobility solution,” Atty. Arcilla added.

Visit Philkotse.com for more of the latest in the automotive industry.

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₱ 1,058,888 - ₱ 1,298,888

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Rex Sanchez

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Rex Sanchez grew up in Saudi Arabia where he saw and got into the automotive scene. He started his career for an aviation company in the said region, writing about turbines and rotors which are later distributed for educational purposes. And now, he joined Philkotse.com as a staff writer. Currently, he is the youngest on the team and is more than ready to grow in the field.

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