Published on June 15th, 2020 | by Daniel Sherman Fernandez0
Mercedes lowers car prices by RM49,775 starting today
You could save almost RM115,000 on a Mercedes-Benz Dream Car today.
Mercedes-Benz Malaysia has just announced the reduction in prices for their models sold officially in the country. Well, to be honest, that hefty RM49k price drop is for one of the the most expensive Mercedes-Benz sedans on sale in Malaysia which is the S-Class 450L AMG model which retails for RM652,772 after discount right now.
We know that only a handful of well to do Malaysians can afford this luxury sedan and it is the popular models that should be highlighted. Like the A200 hatchback which gets a RM8,454 discount right now and the C-Class 200 Avantgarde which gets a RM9,604 discount right now.
Revised Prices That Are Missing
We are surprised that the provided list of revised prices from the Mercedes-Benz dealer does not include many specialist (or ‘dream cars’ as they like to call them) cars like the AMG GT C (RM1,461,605 on-the-road without insurance), the AMG CLS 53 4Matic+ (RM806,638 on-the-road without insurance), the CLS 450 (RM650,034 on-the-road without insurance) and the Mercedes-Benz S 560 Cabriolet (RM1,310,662.21 on-the-road without insurance) to mention a few. The range of AMG tuned SUV’s are also missing from the list.
We are sure, the rich Malaysians would like to see the savings they can get from a RM1.4 million GT C which could easily be about RM99,900 or the estimated RM115,000 savings on Mercedes-AMG GT R supercar.
With all car manufacturers and brands in Malaysia reducing their prices after the governments tax incentives was announced last week, the playing field remains competitive and car buyers have savings that they can enjoy during this car sales tax holiday period.
Trade-In Your Old Car?
The only issue comes to play when you have a car to trade-in for your new car, with Mercedes-Benz or any other brand the situation is the same. Will there be a used car dealer willing to take in your used car (new cars dealers usually pass on used cars to their panel of used car dealers) or can you find a buyer for your used car via the many online car classifieds that will assist you?
If you cannot sell your used car for a price to cover your existing car loan, will you buy a new car? This is the issue worrying many new car sales people.
This new price structure comes 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).
The showroom owners and sales people at all Mercedes-Benz Malaysia outlets fully welcome the introduction of the sales tax holiday and they grateful for the opportunity to pass on the full benefits to all their new customers as after three months of zero business, which means zero income, they need this ‘push’ to bring customers back and take up all the waiting stock of new Mercedes-Benz cars that have sitting in the showroom as well their car parks.
The incentive comes at an opportune time especially as the nation and the auto sector look towards recovery, onward from challenges brought on by the pause in business operations. They are all very hopeful that the reduced-price tags will encourage car buyers to invest in a car built with safety in mind and in the short-term period, recharge the automotive industry in Malaysia.