I just got through posting on a very popular subject here … prices in the department store … when it occurred to me I haven’t talked about car prices in a long time.  Looking at the Saturday paper I see that ‘Zero Interest’ is the name of the game this season … when I bought my Mitsubishi Adventure last year no one was pushing zero interest loans, the promos were more on the order of a free laptop and free first year maintenance.

Here’ s a few deals at random:

Toyota Avanza (this is a mini-van style not sold in the US, about the size, overall, of a Corolla.  P 700,000 through 890,00 or so, (1.3 or 1.5 liter gas engines, manual and automatic transmission models).  20 % own and zero percent loans for 2 years.

Mitsubishi Adventure .. and AUV (Asian Utility Vehicle), resembles an undersize Ford Explorer.  2,5 gas and diesel engine offerings, manual and automatic, 770,000to 910,000 pesos.  20% down and/or 2 year zero interest deals, 1st year insurance, tax and license plates free, 35% discount on all service labor.

Ford Everest SUV 9agin, a lot like a shrunken explorer), p199,000 down, zero percent, 2 years to pay, other promos at dealer.

Full coverage insurance on a vehicle like these will run 15,000 to 24,000 per year 9really pays to shop around), license plates about 1,200 a year, gas is running 39 or 40 pesos per liter right now, yesterday’s diesel price was 38.35 per liter in the Metro Manila area.

Happy Motoring.

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1. Costs Are Relative — Cost of a Gallon of Gas, etc.
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3. Birds, Conservation, Pollution — Not All Bad
4. For Sale: Lapu-Lapu City, Cebu
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