sales tax exemption Archives

Revised Price List for Honda Models, effective from today till December 31, 2020

2020 Honda prices x sales tax — *Note: For private registration in Peninsular Malaysia, excluding insurance premiums.*

2020 Honda Accord — *With 10% Sales Tax excluded, the latest Accord is up to RM8,545 cheaper and the price will last till the end of 2020.*

To locate a showroom to view, test-drive or purchase a model, visit www.honda.com.my.

Covid-19 — **Fighting COVID-19 is our joint responsibility. Protect yourself and others: make these 6 simple precautions your new habits.**

New Perodua Prices without Sales Tax

2020 PERODUA PRICES X SALES TAX — *Note: Prices shown are for private registration in Peninsular Malaysia and exclude insurance premiums.*

*All Perodua models have full exemption of the 10% Sales Tax.*

To locate a showroom in Malaysia, visit www.perodua.com.my.

Full Volvo pricelist with Sales Tax exemption

2020 Volvo prices x Sales Tax — *Note: Prices are on-the-road but do not include insurance premiums. Tax exemption is only valid for 2020 models between June 15 and December, 2020.*

New Volvo S60 — *Locally-assembled version of the S60 T8 R-Design which was launched in Malaysia last month will be RM13,348 cheaper from Monday.*

Click here for other new and articles about Volvo.

MINI and BMW prices with Sales Tax exemption

2020 BMW PRICES X SALES TAX — Note: Prices are for private registration and do not include insurance premiums and PUSPAKOM inspection charges. Tax exemption (until December 31, 2020) only applicable to 2020 models – 5% for imported CBU models, 10% for locally-assembled CKD models.

BMW 7-Series — *Most expensive BMW model assembled locally – the 740LE xDrive – is almost RM30,000 cheaper when no Sales Tax is included.*

2020 MINI PRICES X SALES TAX — Note: Prices are for private registration and do not include insurance premiums and PUSPAKOM inspection charges. Tax exemption (until December 31, 2020) only applicable to 2020 models – 5% for imported CBU models, 10% for locally-assembled CKD models.

Revised Mazda Prices with Sales Tax exemption (from June 15, 2020)

2020 Mazda Prices without Sales Tax — Note: Prices shown are for private registration in Peninsular Malaysia and do not include insurance premiums. Locally-assembled models will have full exemption of 10% Sales Tax. imported CBU models will have 50% exemption of Sales Tax (5%) until December 31, 2020.

202 Mazda CX-30 — *2020 Mazda CX-30 – up to RM5,600 cheaper next week with 5% Sales Tax deducted.*

Visit www.mazda.com.my to know more or to locate a showroom in Malaysia

AWD variant added to Mazda CX-30 range in Malaysia

Revised Prices of Renault models from June 15, 2020

2020 Renault prices without Sales Tax — *Note: Prices are for private registration in Peninsular Malaysia and do not include insurance premiums.*

The prices will be effective from June 15, 2020 and the government is providing exemption until December 31, 2020. Only the Captur will have 100% exemption of Sales Tax as it is assembled locally.

Renault Megane R.S. — *Deducting 5% of the Sales Tax from the price of the imported Megane R.S. will see a reduction of almost RM11,700.*

On top of the Sales Tax savings, TC Euro Cars is continuing with the online exclusive offers available through the Renault E-Store in the form of 6-month instalment waivers with savings ranging from RM6,600 for the Captur to RM17,000 for the Megane R.S.

Customers who trade-in their vehicles will enjoy further rewards of up to RM8,400. Additionally, Captur and Koleos customers also get a free 5-year (or maximum of 100,000 kms) service package worth RM6,278 and RM7,837, respectively.

TC Euro Cars enhances sales and aftersales offers for Renault customers

Revised Lexus pricelist with exemption of 5% Sales Tax

2020 Lexus Pricelist with Sales Tax 5% — *Note: Prices shown are for Peninsular Malaysia private registration and do not include insurance premiums.*

For more information on Lexus models in Malaysia and to locate a Lexus Centre, visit www.lexus.com.my.

Revised Toyota Pricelist after Sales Tax Exemption

* * Total promotion includes cash rebate + free accessories package (subject to change). Valid until June 30, 2020.

For more information or to locate an authorised Toyota showroom in Malaysia, visit toyota.com.my.

Revised prices for Volkswagen models in Malaysia

Here are the revised prices of Volkswagen models distributed by Volkswagen Passenger Cars Malaysia (VPCM) which will be effective from June 15, 2020:

Volkswagen 2020 Prices With Sales Tax Exemption — *Note: Prices do not include registration fees and insurance premiums.*

♦ For locally-assembled models, the exemption of Sales Tax is 100% of the 10% rate. The Volkswagen models applicable are the Polo, Vento, Tiguan and Passat. These are assembled at the plant within the HICOM Automotive Manufacturers complex in Pekan, Pahang.

♦ For models imported in completely built-up (CBU) form, the exemption of Sales Tax is 50% of the 10% rate, which is 5%. Models which are CBU are the Golf R-Line, Golf GTI and Golf R.

♦ The Sales Tax exemption is only applicable to 2020 models and will be allowed up till December 31, 2020.

♦ All the models listed come with 3-years of free maintenance, a 5-year manufacturer’s warranty and 5 years of complimentary roadside assistance (terms and conditions apply).

Current promotion
On top of the price reduction, customers can also get additional savings such as the first 6 months of H-P instalments covered by VPCM. This offer is applicable to the Tiguan SUV and new vehicles must be registered by June 30, 2020. There are additional rebates and free home delivery service for customers when using the Volkswagen eShowroom to book online.

For more information or to locate an authorised Volkswagen dealership in Malaysia, visit www.volkswagen.com.my.

Customers who buy Volkswagens can have new vehicle delivered to their homes

Cash rebates for all Perodua models from today, ahead of Sales tax exemption

In a recent announcement, the government will exempt the 10% Sales Tax on new vehicle purchases. The exemption, to be effective from June 15, 2020, will be 100% of the tax value for locally-assembled models and 50% for imported models (CBU or completely built-up). This is one of the initiatives by the government under the to help the auto industry regain sales momentum.

However, before June 15, Perodua will reduce prices (on-the-road excluding insurance) of all its five models by between 3% and 6% via cash rebates. This offer will be only until June 14, after which the new prices throughout the tax reduction period will be incorporated.

“Despite the tax reduction only becoming effective 15 June 2020, Perodua will offer cash rebates between 3% and 6% for the purchase of our vehicles beginning today [Wednesday, June 10],” Perodua President & Chief Executive Officer, Dato’ Zainal Abidin Ahmad said.

“We want everyone to take this opportunity to own a Perodua without worrying about being left out. Please visit any Perodua sales outlet and speak to our authorised sales advisors for the total cash rebate amounts and the full price list that will be effective June 15,” he added.

Perodua Axia — *Cash rebates to lower purchase cost of the popular Axia.*

“Perodua is in full support of the government’s move to fully exempt sales tax for the purchase of CKD cars until the end of the year to shore up the domestic economy,” said Dato’ Zainal. “As Malaysia’s biggest carmaker by volume, we reiterate our commitment to the government to contribute wherever and whenever we can to ensure the industry can get through this difficult time.”

“The Malaysian public are understandably spending more cautiously due to COVID-19 and the Movement Control Order, although personal vehicles are still very much needed in these trying times,” he said. “This move to fully exempt CKD cars from sales tax is a confidence boost for the automotive industry – not just for car buyers but the entire ecosystem of manufacturers, suppliers and dealers. Along with low financing rates at this difficult time, we are cautiously optimistic that this will spur new car sales.”

With the industry shutdown for the very long period during the MCO, Perodua sold 52,920 vehicles in the first five months of this year, giving it a 41% market share against an estimated year-to-date total industry volume of 129,401 units.

To locate a Perodua showroom for more information, visit www.perodua.com.my.

Click here for other news and articles about Perodua.