GAC Motor PH to implement price increase effective March 1

GAC Motor PH to implement price increase effective March 1

MANILA: Legado Motors Inc., the official distributor of GAC Motor in the country, made an announcement regarding the price increase of its entire vehicle range, which will be effective March 1, 2021. 

The increase in GAC vehicle prices is being imposed in line with the Bureau of Customs (BoC) release of a Customs Memorandum Order that states the policy of the Department of Trade and Industry (DTI) regarding additional tariff rate on imported vehicles. 

Beginning March 1, Legado Motors, Inc. will be implementing a P78,000 price increase to its existing vehicle range, which include the GAC GS8, GN8, GS4, GS3, and GA4

With only a month left before the enforcement of price increase, customers can still take advantage of vehicle models at their existing prices.

The vehicles below will have new prices beginning March 1:

MODEL 

VARIANT

Current SRP 

New SRP

GA4 

1.3 Gas Turbo 6-Speed A/T

P988,000 

P1,066,000

 

1.5 Gas A/T 

P858,000 

P936,000

 

1.5 Gas M/T 

P788,000 

P866,000

 

GS3 

1.3 Gas Turbo 6-Speed A/T GE

P1,058,000 

P1,136,000

 

1.5 A/T Premiere 

P958,000 

P1,036,000

 

1.5 Gas 6-Speed A/T 

P888,000 

P966,000

 

GS4 

1.5 Gas Turbo 6-Speed A/T

P1,228,000 

P1,306,000

 

MODEL

VARIANT

Current SRP 

New SRP

GS8 

2.0 Gas Turbo 6-Speed A/T 4x4 GL

P2,388,000 

P2,466,000

 

2.0 Gas Turbo 6-Speed A/T 4x2 Sports GE

P2,188,000 

P2,266,000

 

2.0 Gas Turbo 6-Speed A/T 4x2 Premiere

P1,880,000 

P1,958,000

 

GA8 

2.0 Gas Turbo 6-Speed A/T GL

P2,288,000 

P2,366,000

 

2.0 Gas Turbo 6-Speed A/T GE

P1,988,000 

P2,066,000

 

GN8 

2.0 Gas Turbo 6-Speed A/T Luxury Edition

P2,880,000 

P2,958,000

 

2.0 Gas Turbo 6-Speed A/T Premiere

P2,188,000 

P2,266,000

 

During the previous month, the DTI issued the Republic Act No. 8800 or the Safeguard Measures Act that places additional tax on imported vehicles.

The said act is aimed at protecting local manufacturers and domestic industries from imported goods, which may pose a threat or cause serious risks on such markets and producers.

The additional tax on imported vehicles served as a response to the appeal that the Philippine Metalworkers’ Alliance (PMA) has filed. The petition is intended to protect local vehicle assembly operations.

Regardless of the current situation, Legado Motors, Inc. maintains its optimism towards continuous sales growth and will aid the automotive market in recovering from the impact of the COVID-19 pandemic.

President and CEO of Legado Motors, Inc. Wilbert Lim expressed, “We are in the high hopes that the local market will still continue to patronize the brand despite the higher prices implemented by the policy.”

Photo from GAC Motor

Also read: GAC PH to launch all-new GN6 MPV this month

Sell your car at the best price

Verified and genuine buyers Verified and genuine buyers
Free listing Free listing
List your car

GAC Car Models

  • GAC GS4
    GAC GS4
  • GAC GS3 Emzoom
    GAC GS3 Emzoom
  • GAC GN6
    GAC GN6
  • GAC GS8
    GAC GS8
  • GAC Emkoo
    GAC Emkoo
  • GAC EMPOW
    GAC EMPOW
  • GAC M8
    GAC M8
  • GAC M6 Pro
    GAC M6 Pro
GAC Cars Price

MIAS 2024

You might also be interested in

Latest GAC Car Videos on Zigwheels

Zigwheels
  • 2023 GAC Empow GB Review | Zigwheels.Ph
    2023 GAC Empow GB Review | Zigwheels.Ph
    28 Nov, 2023 .
  • BTS | GAC Empow Track Day | The Best Sports Sedan Under ₱2M?
    BTS | GAC Empow Track Day | The Best Sports Sedan Under ₱2M?
    09 Oct, 2023 .
  • 2023 Manila International Auto Show Top 10 Highlights | Zigwheels.Ph
    2023 Manila International Auto Show Top 10 Highlights | Zigwheels.Ph
    17 Apr, 2023 .
  • 2021 GAC GN6 270T Review | Zigwheels.Ph
    2021 GAC GN6 270T Review | Zigwheels.Ph
    05 Jul, 2021 .
  • 2021 GAC GA4 200T Review | Zigwheels.Ph
    2021 GAC GA4 200T Review | Zigwheels.Ph
    02 Jun, 2021 .
Latest GAC Car Videos

GAC Car Articles From Carmudi

  • journal
  • GAC PH launches M6 Pro
    GAC PH launches M6 Pro
    Paulo Papa, Mar 25, 2024
  • All-new GAC M8 now in PH
    All-new GAC M8 now in PH
    Ruben Manahan IV, Feb 15, 2024
  • PH-spec GAC M8 to be revealed this week
    PH-spec GAC M8 to be revealed this week
    Ruben Manahan IV, Feb 12, 2024
  • GAC PH to launch 6 models in 2024
    GAC PH to launch 6 models in 2024
    Paulo Papa, Dec 14, 2023
  • GAC cars offered with free 2-year PMS package
    GAC cars offered with free 2-year PMS package
    Paulo Papa, Nov 21, 2023

Compare

You can add 3 variants maximum*