Just before January ended, Nissan Philippines Inc. (NPI) imposed the Tax Reform for Acceleration and Inclusion (TRAIN) Act AKA excise tax on their vehicles. For your reference, here’s the updated price list of the Japanese marque.
Due to the TRAIN effect, the Juke now costs P1,021,000 compared to P980,000 pre-excise tax. Meanwhile, the NV350 Urvan’s prices now soared by P96,000 to P137,000 except for its Cargo variant, which dropped by P97,000.
The new X-Trail crossover, Euro 4 Almera subcompact sedan, Sylphy compact sedan, and Altima mid-size sedan felt the effect of the excise tax with a rise of P23,000 to P100,000++ in its suggested retail price. Long story short is that all Nissan vehicles except the Navara pickup truck, which its prices didn’t move, increased their pricing.
Consumer interest is heightened, heating up competition this time around.
One thing’s for sure – it has more than meets the eye.
Are they essentially the same thing with different names?