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.
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.
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.
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.
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Know more about Mitsubishi Xpander 2021
<p>The <a href="https://philkotse.com/mitsubishi-xpander-price-philippines" title="Mitsubishi Xpander variants & price list"><strong>Mitsubishi Xpander</strong></a> multi-purpose vehicle (MPV) follows in the footsteps of the brand’s Adventure AUV, a versatile vehicle that can be used for both household and business. Its angular styling uses Mitsubishi’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. </p>
Joseph Paolo Estabillo