Aged Private Vehicles - refers to private passenger cars registered under E.O. 43 series of 1986. Pursuant to MC # EMA-MC-01348 dated 8/18/01 re: Clarification on the Rates of Collectible MVUC for Aged Motor Vehicles, hereunder are the schedule of aged MVs, the base year of which is 2000 the year RA # 8794 become effective.
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AGE
|
YEAR
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AGE
|
YEAR
|
|
Current
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2000
|
4 yrs.old
|
1996
|
|
1yr.Old
|
1999
|
5 yrs. old
|
1995
|
|
2yrs. Old
|
1998
|
Over 5 yrs. old
|
1994
|
|
3yrs. Old
|
1997
|
|
& below
|
|
CATEGORIES
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GVW / GVM
|
RATES
|
|
PASSENGER CARS:
|
|
|
|
LIGHT
|
up to 1600kg
|
|
|
Current, up to 5 yrs. old
|
|
Php 2,000.00
|
|
Over 5 yrs. old
|
|
Php 1,400.00
|
|
MEDIUM
|
1601 to 2300kg
|
|
|
Current, up to 3 yrs. old
|
|
Php 6,000.00
|
|
4 to 5 yrs. old
|
|
Php 4,800.00
|
|
Over 5 yrs. old
|
|
Php 2,400.00
|
|
HEAVY
|
2301kg & above
|
|
|
Current, up to 5 yrs. old
|
|
Php 12,000.00
|
|
Over 5 yrs. old
|
|
Php 5,600.00
|