Published on June 15th, 2020 | by Subhash Nair0
Honda Malaysia Announces Revised Prices After SST Discount
Honda Malaysia have announced revised prices on all models sold effective today until the end of 2020. These prices include the 100% sales tax exemption on CKD cars and 50% sales tax exemption on CBU cars.
Prices have dropped between RM2788.46 (Jazz) and RM9502.47 (Odyssey). Percentage-wise, this is around 3%-4% lower, depending on model.
Here’s what the new prices look like in Peninsular Malaysia.
Here are the revised prices in East Malaysia.
Honda Malaysia today announced the reduction in prices for Honda cars following the Government of Malaysia’s announcement of 100% sales tax exemption on Completely Knocked Down (CKD) models and 50% sales tax exemption on Completely Built Unit (CBU) models in the Short-Term Economic Recovery Plan (PENJANA).
With the relevant adjustments made, the prices of Honda’s CKD models, namely the Jazz, New BR-V, City, HR-V, New Civic, CR-V and All-New Accord will reduce between RM2,788.46* and RM8,545.63. Meanwhile, Honda’s CBU model of Odyssey will be lower by RM9,502.47. The new pricing takes effect from 15th June 2020 to 31st December 2020. In addition to the new pricing, customers can also enjoy the on-going special treats with their new Honda cars under the “Kita Bersama Deals” campaign.
Honda Malaysia Managing Director and Chief Executive Officer Mr. Toichi Ishiyama said, “Honda Malaysia is appreciative of the Government’s support for the automotive sector and effort to introduce this encouraging initiative. With this, we are pleased to pass the savings from the tax exemption on to our valued customers. We hope the reduced car prices will enable customers to purchase the Honda model of their choice and enjoy the interstate travel which is now allowable as well as support the Government’s efforts to promote local tourism as we continue to adhere to safety practices in the new normal. We are confident the PENJANA economic recovery plan will provide the impetus to help rekindle the industry and generate a domino effect for the economy at large. Honda Malaysia will continue to do our utmost to support the Government’s plan in order to help the nation’s economy recover from the COVID-19 pandemic.”