Mitsubishi PH announces price adjustments due to safeguard tariff

Updated Mar 03, 2021 | Same topic: Latest Consumer Reports

The brand’s popular models will now require a provisional cash deposit.

Mitsubishi Motors Philippines Corporation (MMPC) joins the ranks of carmakers that have adjusted sticker prices on some of its popular offerings, following the imposition of provisional safeguard tariffs on a number of imported models.

Montero Sport

The Montero Sport's 2WD variants will now require a cash deposit on top of the retail price

 MMPC announced that based on Department Administrative Order (DOA) No. 20-11 issued by the Department of Trade and Industry (DTI), the revised pricing will come in the form of a provisional cash deposit for select Mitsubishi vehicles. The deposit applies to brand-new purchases and will be inclusive of 12 percent VAT, on top of the model’s retail price.

Among those covered by the price adjustment is the Xpander MPV spanning three variants (GLX MT, GLS AT, and Xpander Cross). The model will now require an initial deposit of Php 78,400. Also included are the Montero Sport SUV’s GLX 2WD MT, GLS 2WD AT, and GT 2WD AT trim levels, with customers likewise needing to fork over the same deposit amount. Meanwhile, the Strada pickup range entails a cash deposit of Php 123,200.

Xpander and Xpander Cross

Mitsubishi's Xpander and Xpander Cross are also covered

The Xpander is brought in from Indonesia, while the Montero Sport and Strada are sourced from Thailand. Vehicle imports from both countries are covered by the safeguard tariffs. Both the Xpander and Montero Sport are classified as passenger vehicles, while the Strada is a light commercial vehicle.

However, other Mitsubishi models such as the Montero Sport GT 4x4, Outlander PHEV, L300, Mirage, and Mirage G4 are exempted from the additional tariffs and will retain their current prices. There has been no official word from MMPC if the cash deposits will eventually be refunded to customers.

Mitsubishi updated price list

The cash deposits are inclusive of 12 percent VAT

While Mitsubishi dealerships nationwide will already be collecting the necessary cash deposits, MMPC says that existing inventories of the Xpander, Montero Sport 2WD, and Strada will not be affected. The revised pricing scheme only applies to incoming shipments of these models.

There’s no price on keeping abreast with our updates at Philkotse.com.

Know more about Mitsubishi Xpander 2021

Mitsubishi Xpander

<p>The <a href="https://philkotse.com/mitsubishi-xpander-price-philippines" title="Mitsubishi Xpander variants &amp; price list"><strong>Mitsubishi Xpander</strong></a> multi-purpose vehicle (MPV) follows in the footsteps of the brand&rsquo;s Adventure AUV, a versatile vehicle that can be used for both household and business. Its angular styling uses Mitsubishi&rsquo;s Dynamic Shield design language first seen locally on the third-generation Montero Sport. The original Xpander lineup in the Philippines comprised the base GLX, GLX Plus, GLS, and the range-topping GLS Sport, until the latter was replaced by the <a href="https://philkotse.com/mitsubishi-xpander-cross-price-philippines" title="Mitsubishi Xpander Cross price list">Xpander Cross</a> as the flagship variant. All trim levels feature seating for up to seven passengers, with second- and third-row benches that can be folded to accommodate more cargo. The standard powertrain is a 1.5-liter inline-4 gasoline engine, mated to either a 5-speed manual or 4-speed automatic transmission. Current color options include Titanium Gray, Jet Black Mica, Red Metallic, Quartz White Pearl, and Sterling Silver Metallic. &nbsp;</p>

From ₱1,008,000

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Joseph Paolo Estabillo

Joseph Paolo Estabillo

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Joseph has been a member of various car clubs since he got his driver's license in 2004 – old enough to remember riding in taxicabs with analog meters, but his fascination with cars goes way back. After nearly two decades of working in broadcast media, he shifted gears by coming on board as Philkotse’s first Filipino member and staff writer in 2017.

Apart from his role in Philkotse as Content Team Lead, Joseph has written episodes for Drive, which has been airing on CNN Philippines for five seasons running. He has also delivered content for various car dealerships based in the U.S., spanning multiple brands such as Alfa Romeo, Maserati, Jeep, Dodge, among others.

Keeping his hopes high and his revs low, he dreams about owning a Kei car when he retires. Hates slow parkers.

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