Proton Prices Drop by as 1.17% to 5.7%, X70 Now Below RM90K
Proton have just announced that their vehicles would also be coming down in price across the board until the end of 2020. This is in line with the government’s PENJANA plan which effectively grants sales tax exemption on locally-assembled cars. All of Proton’s vehicles are locally-assembled, but the company has stated that they were rumoured to have absorbed SST on some models as they had when it was first reintroduced in late 2018.
There still might be some truth to that rumour, as the reduction is slightly lower, percentage-wise, than it is for Perodua’s. Most budget models, like the Saga, Iriz and Persona have only received about 1.5% price reduction. The Exora, which has a monopoly over the C-segment MPV space for locally-assembled vehicles has a 2.99% price decrease while the X70, which has a huge price advantage over non-national C-segment SUVs has the largest price reduction. The X70 now starts at RM89,900 with the highest spec model coming in at RM115,800.
Here are new prices for the rest of 2020:
Saga
| Variant | New Price | Price Difference |
| 1.3 Standard MT | RM32,400 | -RM400 (-1.22%) |
| 1.3 Standard AT | RM35,300 | -RM500 (-1.40%) |
| 1.3 Premium AT | RM39,300 | -RM500 (-1.26%) |
Iriz
| Variant | New Price | Price Difference |
| 1.6 Standard MT | RM36,200 | -RM500 (-1.36%) |
| 1.6 Standard CVT | RM39,200 | -RM500 (-1.26%) |
| 1.6 Executive CVT | RM44,100 | -RM600 (-1.34%) |
| 1.6 Executive CVT | RM46,000 | -RM700 (-1.5%) |
| 1.6 Premium CVT | RM49,900 | -RM800 (-1.58%) |
Persona
| Variant | New Price | Price Difference |
| 1.6 Standard MT | RM42,100 | -RM500 (-1.17%) |
| 1.6 Standard CVT | RM44,000 | -RM600 (-1.35%) |
| 1.6 Executive CVT | RM48,900 | -RM700 (-1.41%) |
| 1.6 Premium CVT | RM53,700 | -RM900 (-1.65%) |
X70
| Variant | New Price | Price Difference |
| 1.8 TGDI Standard 2WD | RM89,900 | -RM4,900 (-5.17%) |
| 1.8 TGDI Executive 2WD | RM101,000 | -RM5,800 (-5.43%) |
| 1.8 TGDI Premium 2WD | RM113,100 | -RM6,700 (-5.59%) |
| 1.8 TGDI Premium X 2WD | RM115,800 | -RM7,000 (-5.70%) |
Exora
| Variant | New Price | Price Difference |
| 1.6 Executive CVT | RM57,300 | -RM2,500 (-4.18%) |
| 1.6 Premium CVT | RM64,800 | -RM2,000 (-2.99%) |
Here’s the press release with more.
Press Release
Following the government’s recent announcement of zero sales tax for cars sold in Malaysia for a six month period beginning 15 June 2020, PROTON will reduce its car prices by 1.2% – 5.7%. These prices will be effective for the duration of the incentive period, a measure designed to boost the economy as the country emerges from its COVID-19 induced lockdown.
The Company is deploying several strategies to spur growth in sales while keeping in mind buyer sentiment will err on the side of caution for the rest of 2020. These include deploying strict social distancing and disinfection measures at its showrooms and service centres while promoting the use of online bookings for contactless transactions.
About the Author
Subhash Nair Written work on dsf.my. @subhashtag on instagram. Autophiles Malaysia on Youtube.
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