If you're in the market for a passenger van, you better act soon, we've been tipped that Nissan Philippines plans to increase prices of the NV350 Urvan very soon.

According to a well-placed source who wished anonymity, all the variants across the model range are expected to see a 2-4-percent increase in prices.

The increase will possibly be implemented in time with the supposed arrival of Euro-4 compliant engines to comply with the government regulation to ban the sale of vehicles that cannot meet Euro-4 emissions standards by January of 2018.

Nissan Urvan NV350 price increase expected

The NV350 Urvan was launched in the Philippines June of 2015 with the supersized high-roof Urvan Premium added to its lineup last April.

Rergardless of trim level, all Urvans are powered by Nissan's YD25DTTi 2.5-liter common-rail diesel engine paired with a 5-speed manual transmission. The Urvan is offered in Cargo, 18-seater, 15-seater and Urvan Premium variants.

For now, the Urvan is offered at PhP 1,245,000 for the Urvan Cargo, all the way up to PhP 1,650,000 for the Urvan Premium. The 2-4-percent price increase still does not factor in the impending excise tax hike slated for 2018.