Today marks the arrival of Goods & Services Tax, more “fondly” known as GST in Malaysia. While most of our daily needs are expected to cost 6% more, initial estimations predicted a drop in car prices. Now all speculation can be put to rest, for multiple manufacturers have released revised official price lists. We are pleased to inform you that most of these vehicles have an updated price that is lower than before. That being said, the additional charges incurred later on would render this small profit moot. We have decided to collate the pricing information for your easy viewing. Here is the gist of things:
The B’s, C’s, CLS’, ML’s and R’s do not feature on this list because their prices have yet to be updated by Mercedes-Benz Malaysia. The E 300 Hybrid in particular benefits from the new tax laws, costing a whole RM10,000 less than before.
Interestingly, the Honda Odyssey will cost more post-GST, unlike all its siblings. This is due to the fact that the Odyssey is a CBU model, while all the other models are CKD units that have been assembled in Malaysia.
UMW Toyota also made an official announcement regarding the post GST prices. The outcome? Here’s what UMW Toyota President, Datuk Ismet Suki had to say: “There will be a price reduction of up to RM4,000 or 2% for Toyota and Lexus models. UMW Toyota Motor will pass 100% of the cost savings to the customers upon purchasing any Toyota and Lexus models during the new tax structure’s implementation.”
Renault car pricing is pretty straightforward, with all models seeing a slight decrease in price. Guess what? The Megane RS 265 just got a little bit cheaper!
Great news, Audi prices have been slashed by a relatively significant margin. Barring the A4 1.8 TFSI, of course, which sees an increment of RM1,900. A good time to get your hands on the Q3 2.0, no?
Peugeot & Citroen
Both French manufacturers will allow no decrease in car prices just yet. According to both Naza Euro Motors, and Nasim, pricing for all models will remain unchanged for the foreseeable future. Bummer.
Volkswagen Malaysia has announced that there will be no changes to its pricing on all models. Any additional costs, or savings, will be absorbed internally.
Mitsubishi Motors Malaysia has updated its price listing for both CKD and CBU models, with MMM’s CEO Won-Chul Yang saying: “Taking into consideration the difference in the tax rate of 4% (from 6% GST and 10% of Sales and Service tax) and the weakened Ringgit against the US Dollar, we remain committed to provide all Malaysians with a pleasant ownership and value-for-money cars.”
Prices of Perodua cars will see a reduction of 0.1% to 1.6% throughout the range, following the implementation of the GST. In relation to after service work, Perodua promises to absorb the impact of GST and maintain prices for all spare parts. Yippee!
Motor Image Malaysia has also released an updated price list for Subaru models. A closer look at the list will point to the absence of the Legacy, which has been sold out. Motor Image has reiterated that there are no plans to continue selling the Legacy here in the near future. But honestly, who cares? Our eyes couldn’t get past the pricing of the BRZ. With a deduction north of five percent, surely this is a good time to get your hands on one. More so after UMW Toyota confirmed that it shall halt distribution of the GT 86.
Edaran Tan Chong Motor has confirmed that all Nissan CKD models are now cheaper by between RM190 and RM2,724. However, the prices of CBU models (Sylphy, Elgrand, Murano, 370Z and Leaf) will remain unchanged. As such, the table above only includes pricing for CKD Nissan models.
Sime Darby Auto Connexion has also got into the business of announcing post-GST prices. All Ford models currently on sale in Malaysia see extremely marginal price drops. The new price drop ranges from as little as RM2 for the Ford Ranger 3.2 XLT 4×4 Automatic, to RM100 for the Ford S-Max 2.0 EcoBoost. Bummer.
Proton has also revised its pricing for all cars, resulting in a small drop for all models. “Consumers can now look forward to not only value-for-money cars but cars with enhanced quality and safety features. For example, consumers can now buy a Proton Saga from as low as RM33,242 or a Preve 1.6 CVT Executive at RM61,023. All these prices have taken into account the 6% GST and are the on- the-road prices,” said Proton CEO Datuk Abdul Harith Abdullah.
Naza Kia Malaysia has recently released new on-the-road prices (with insurance), after the inclusion of GST. All Kia models on sale in the country, except for the Picanto, see price reductions of between RM208 and RM2,088. The biggest drop is seen in the Kia Sorento 2.4, which is now RM2,088 cheaper than before.
Bermaz Motor, the official importer of Mazda vehicles in Malaysia, has announced its new, post-GST on-the-road prices (without insurance) for the Mazda line-up. Every car in the Mazda lineup sees a slight price drop, with the smallest gains being a mere RM4 for the Mazda 2, while the CX-5 2.0 2WD seeing a drop of RM7,054.
Suzuki belatedly released a revised price list for post-GST purchases. The new pricing means all Suzuki models are RM100 cheaper than before. The Suzuki accountants appear to have forgotten about the Alto, though, with the little on seeing no price change, even after GST hit our lives.
Jaguar Malaysia’s updated price list sees all models, we repeat, all models, rising in cost. The hike goes from as low as RM1,000 to RM25,000. Gulp! Ironically, it’s the most expensive model that sees the lowest increase. Way to make things less accessible, Jaguar.
The Infiniti QX50 and Q70 models are not included in this list due to the recent launch of facelifted models. Infiniti are expected to wait for these new models to reach our shore before price adjustments are made.
Volvo Car Malaysia has announced that only three models will be affected by GST, while all other models retain their previous pricing. The models affected are the V40 T4, V40 T5 and XC60 T5. Pricing for the V40 T4 drops by RM1,000 to RM175,888, while the V40 T5 benefits from an RM2,000 drop, leaving it priced at RM190,888. The XC60 T5 boasts the largest decline in price, by RM3,000, placing it at RM288,888.
Land Rover Malaysia has updated its price list, with mixed news for enthusiasts. The post-GST list indicates that seven models are now more expensive, five models are cheaper, and one model remains unchanged. While a price increase of RM30,000 on the Range Rover 5.0 V8 sounds ridiculous, we hardly think it would make much of a difference to potential buyers. After all, if you’re willing to fork out more than a million for a car, what is an extra thirty thousand?