Top Gear Philippines posted the new 2018 price list of the Toyota cars line-up, after the effectivity of the TRAIN (Tax Reform for Acceleration and Inclusion) law. Yes, as expected, expensive and/or luxury cars either retained or even decreased their selling prices. But the more interesting observation is how pick-up trucks, i.e., the Hilux lineup, saw decreased prices as well, regardless of the original price.
I still can’t surmise why pick-ups have to benefit from this law? Please, someone, explain it to me.
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Maybe they’re trying to encourage people to actually use the pick-ups for cargo-carrying purposes, with pickups nowadays having a lot of space on their beds?
Or maybe they’re used for business by our dear lawmakers? We can only guess.