Olongapo SubicBay BatangGapo Newscenter

Tuesday, December 11, 2007

Subic importers want to buy more time

IMPORTERS at the Subic Bay Freeport Zone yesterday appealed to President Gloria Macapagal Arroyo to amend Executive Order 156, which bans the importation of used motor vehicles, and allow them to sell their remaining inventory of 2,900 units.

Ben Perez, general manager of Subic Bay Motors Corp., said that of the 2,900 vehicles in Subic, only 1,000 were luxury cars while the rest were sold at prices ranging from P150,000 to P350,000.

He said some 2,500 workers stood to lose their jobs with the implementation of the ban on the importation of secondhand automobiles.

Perez said he was speaking for the 41 other licensed vehicle importers inside Subic, majority of whom were small-time investors but legally engaged in the business of buying and selling imported used cars.

“We pay religiously our Customs duties and taxes and seaport charges, aside from employing workers from Zambales, Bataan, Pampanga, Tarlac and nearby provinces,” Perez said.

“Many businesses also benefit [from] our endeavor like suppliers of spare parts, vehicle accessories, car paints and other items mostly based in Olongapo City.”

Eastern Samar Gov. Ben Evardone said many mayors and governors and members of provincial and town councils were patronizing used motor vehicles because they were “cheaper and more durable,” especially in provincial terrain.

A used 2-ton Isuzu Elf is sold at P350,000 compared to a brand-new one, which is sold at P850,000. A used 4-ton Isuzu Forward costs P550,000, while a new truck is sold at P1.65 million.

In a letter to Finance Secretary Margarito Teves, the group asked him to ensure that Subic Bay Metropolitan Authority officials allowed their group to complete the documentation of all used cars, which had bills of lading dated not later than Nov. 30.

Perez said the group recognized the Supreme Court ruling banning the importation of used motor vehicles. “However, we appeal to your good sense of humanity and your fair trade attitude in supporting our request to allow us the payment of our duties and taxes on all our shipments with bills of lading dated no later than Nov. 30.” Jaime Pilapil - Manila Standard Today

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