Automotive

Published on June 17th, 2020 | by Amirul Mukminin

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Porsche Reduces Car Prices by up to RM48,000

Sime Darby Auto Performance (SDAP) has announced price reductions across the Porsche model range, in line with the government’s PENJANA plan which sees a sales tax exemption of 100% on CKD cars and 50% on CBU cars until 31 December 2020.

According to the company, the base price of current Porsche models will enjoy savings ranging from RM13,000 up to RM48,000. To sweeten the deal, SDAP will give 1-year warranty extension and up to additional 2-years free insurance (depending on the model) to customers who make a booking before 30 June 2020.

Additionally, SDAP has also announced the new Porsche 360 Financing+ program specifically tailored for the new Porsche Macan. It offers financing of up to 90% with a maximum loan tenure of 60 months. Customers will have the option to return the Macan within the first year of the tenure or upgrade to a new model without having to worry about the residual value.

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Check out the press release for more information:

PRESS RELEASE

Sime Darby Auto Performance (SDAP) welcomes the tax incentives that was recently offered by the Prime Minister which will see sales tax for CBU vehicles reduced by 50% as part of the short-term economic recovery plan that will be available from 15 June 2020 until 31 December 2020.

The new base price of the current Porsche models enjoy savings ranging from approximately RM 13,000 up to RM 48,000. For example, the Macan with a new base price of RM 439,351* has a price adjustment of RM 15,649, whereas the 911 Carrera 4S with the new base price of RM 1,220,000* receives a price adjustment of RM 1,172,391*.

“The relief measures announced recently provides some welcome relief for the automotive industry, and is also an opportune time for consumers. Thanks to the government’s support with the 50% sales tax exemption initiative, owning your dream Porsche has become more attainable. With the inclusion of our standard four-year manufacturer’s warranty and free maintenance package, peace of mind ownership associated with trouble-free motoring is within grasp. This includes complimentary service, parts and labour, as well as our dedicated Porsche Roadside Assistance,” said Christopher Hunter, Chief Executive Officer of Sime Darby Auto Performance.

To enhance the ownership experience further, bookings made from now up to 30 June 2020 will be entitled to an additional 1-year warranty extension, and up to additional 2-years free insurance, depending on the Porsche model.

* Prices shown are based on standard specifications, excluding options, road tax and insurance. Terms and conditions apply.

Flexible financing programme catered to the owner’s unique lifestyle
Offering customers even further versatility and flexibility to make owning a new Porsche Macan more attainable, SDAP extends its intelligent alternative to conventional financing with the new Porsche 360 Financing+, applicable from now up to 31 December 2020.

This new extension of SDAP’s current 360 Financing programme offers customers a more flexible ownership option, especially for those searching for unadulterated sporty driving with the Macan. Starting from as low as RM 6,300 a month**, the new Porsche 360 Financing+ offers up to 30% reduced monthly repayments compared to conventional financing for the Macan.

The new Porsche 360 Financing+ provides better cash flow management with an even shorter financing tenure and maximum financing of up to 90% of the vehicle value. Starting from 12 months up to 60 months, customers are able to select their preferred financing period that is best suited to their current lifestyle.

With the option to return the Macan even within the first 12 months of the loan tenure through the new 360 Financing+, customers are now provided with more financial flexibility than before. Customers have full control over the decision to either return or upgrade to a new Porsche without the worry of residual value through the Assured Resale Value of the Macan. This variety of return options provides customers the most suitable financing that caters to their lifestyle and financial needs, without any additional commitments.

To find out more about our vehicle pricing update and the new Porsche 360 Financing+, please visit our Porsche Dealer websites –
• Porsche Centre Sungai Besi
• Porsche Centre Penang
• Porsche Centre Ara Damansara

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