How much is luxury car in the Philippines?
Luxury Cars Philippines
There are a total of 27 Luxury Cars in the Philippines. The cheapest Luxury Cars is BMW Z4 2021, priced at ₱3.99 Million and the most expensive model is Audi RS5 Coupe 2021 which retails at ₱8.5 Million for the top-end variant.
What is the number 1 car in the Philippines?
1. Toyota Vios (19,589 units sold) The Toyota Vios is the best-selling car in the Philippines in 2020 with 19,589 units sold. Of note, the Vios is also the car that sold the most number in the Philippines last 2019.
Why is car so expensive in Philippines?
On top of the factors mentioned, excise tax from TRAIN law has increased the prices of cars further. … In 2018, the TRAIN law was passed and it overhauled the outdated foundation of the tax system in the Philippines, car prices is one of the items that bore the brunt of the tax reform.