Carmakers have had to make some big decisions to cope with the Department of Trade and Industry’s (DTI) new safeguard bonds on vehicle imports. Companies such as Toyota, Honda, Mitsubishi, Isuzu, and Ford have all had to adjust their prices or start collecting cash deposits in light of the DTI’s new policy.
Subaru, however, isn’t imposing additional deposits of any kind—at least for now. Motor Image Pilipinas, the exclusive distributor of Subaru vehicles in the country, is instead informing its customers that it currently has available stocks of units that are unaffected by the DTI’s new safeguard duties and are thus still available at their current SRPs.
MIP’s statement reads: “Subaru assures its customers that the distributor and all 15 of its outlets nationwide still have limited inventory which are not yet subject to the DTI’s safeguard duties to cover all customer purchases until the end of March.”
No word if and when there will be cash deposits or price changes across Subaru’s local lineup when these stocks run out—we’ll keep you posted once we receive updates on that. But in any case, if you’re in the market for a brand-new car, you might want to check out Subaru’s local offerings. MIP has also confirmed that existing cash discounts and promos will remain, as well as the standard five-year warranty on purchases of any brand-new Subie.
What say you, readers? If you want to check out the current prices of Subaru vehicles in our market, you can head on over to our Buyers’ Guide by clicking these blue words.