AutoFun Philippines has extensively covered the depths that dealers and resellers would go to make big bucks off a hot, new car. Irate buyers of the recently launched Honda Civic Type R FL5 approached us after Honda Cars Philippines dealers were reportedly asking for up to ₱800,000 over the car’s ₱3,880,000 price tag. Some dealers were even disallowing straight-cash purchases and pushing for financing packages with huge interest, which the Department of Trade and Industry is punishable with jail

It’s the first Sunday of February – and yes, even I’m still in shock about how fast time flies. As before, it’s time for your weekly dose of the AutoFun Philippines Rearview Roundup. We reviewed the stories that you liked the most from Jan. 30 to Feb. 3, 2023. Here are the top five that you chose. 4-year waiting list AutoFun Philippines has reported extensively on the illicit behavior of local Honda Cars dealers related to the 2023 Honda Civic Type R. Some customers told us that “bidding wars” a

So, you’ve finally gotten enough cash in your piggy bank to buy your dream car or motorcycle outright. But there’s just one hitch – the dealership and/or agent won’t sell it to you unless you buy it through financing at a much higher cost, as many of our readers have reported to AutoFun Philippines. Financing schemes allow dealers to get more profit from a unit because of the higher total price, which includes interest rates. AutoFun Philippines reported the extreme levels of this practice with

Honda Cars dealerships in Japan are no longer accept orders for the 2023 Honda Civic Type R FL5 because of issues with production and limited unit allocation. Honda Motor in Japan has also released an official announcement informing its customers that it has suspended orders for the Civic Type R to allow the company to fulfill existing orders. However, it is essential to note that this suspension is only temporary. The Japanese automaker also said it is difficult to forecast its production numbe

The law of supply and demand is one of the most fundamental concepts in economics. In a nutshell, if lots of people want something (high demand) that isn’t plentiful (short supply), the price would shoot up until the right number of buyers remains. This applies to everything from food items like onions to pricier products like cars. However, certain car dealerships are taking this economic principle to absurd extremes. AutoFun Philippines content head Mikko David reported that some buyers of the

After speculations about what Honda Cars Philippines would bring next, the covers have been removed to unveil the 2023 Honda Civic Type R FL5. That's right! The Japanese brand has brought the latest version of its performance hatchback into the country but with a catch. Unlike before, which had a bigger allotment into the triple digits, this time around, the sixth-generation Civic Type R is only limited to 30 units, so you better move quickly as orders for these vehicles will come swiftly and co