You Can Still Buy MG Vehicles Without DTI’s Safeguard Tax

MG Philippines, under the distributorship of The Covenant Car Company, Inc. (TCCCI), will not collect and require an additional deposit from clients to cover the provisional safeguard measure bond as mandated by the Department of Trade and Industry (DTI) for all purchases until May 15, 2021. 

TCCCI has elected not to pass on the additional cost of the provisional safeguard measure to its customers, thereby preserving the existing total cash price per vehicle. Until the aforementioned date, MG Philippines’ will retain the SRP on all locally available MG vehicles, allowing its clients the flexibility to purchase their new British heritage MGs without any additional fees.

See below for the full line-up of vehicles available from MG Philippines, and their respective SRPs:

“We are happy to share that TCCCI will continue to support the motoring needs of the market by not collecting an additional fee to cover the Safeguard Measure Bond as issued by the DTI. We would like to continue providing our clients with affordable offers by retaining the current standard retail prices on all MG models and variants until May 15, 2021,” says Atty. Alberto B. Arcilla, President and CEO of MG Philippines. “As the local economy and industry continue to recover and strengthen, MG Philippines remains committed to giving Filipinos access to well designed, safe, attainable, and modern mobility solutions.,” he adds.

This limited offer is carried out in all of MG Philippines’ 37 operational dealerships nationwide. Vehicles purchased on MG Philippines’ proprietary online selling website, www.BuyAnMG.com, will also be available at SRP and without any additional costs until May 15, 2021.