Now we can see car prices coming down in Malaysia monthly
Car prices are falling in Malaysia due to a fierce price war, especially from Chinese automakers offering significant discounts, which has pressured other brands to do the same to remain competitive.
This price war is fuelled by slowing auto sales, a market shift where consumers are waiting for deals, and Chinese brands’ ability to offer lower prices due to minimal investment in local assembly compared to local manufacturers.
Just this week there is a significant selling price drop on the Honda e:N1 in Malaysia due to a new RM34,000 rebate for units registered in October 2025, reducing its price from RM149,900 to RM115,900.
Then you have the e.MAS 5 being promoted at between RM60,000 and RM80,000 which is already giving rivals goosebumps.
This price adjustment makes the Honda e:N1 cheaper than some popular Chinese electric SUVs, such as the Proton e.MAS 7 Premium and BYD Atto 3 Ultra, and is part of Honda’s 25th-anniversary celebration.
We even had Tesla Malaysia slashing the price of the popular Model 3 by RM13,000 and offering better driving range. The Model 3 Long Range Rear-Wheel Drive, a new variant introduced to Malaysia, can now travel up to 750km (WLTP) on a single charge, boasting the longest range amongst all Tesla vehicles offered with price starts at RM185,000.
Using the Supercharging network at peak charging rate at 250kW, this Model 3 Long Range Rear-Wheel Drive can charge up to 311km in just 15 minutes. Also, this latest version of the Model 3 features a traditional turn signal stalk for the ease and convenience of driving.
Will it stop? Well, not anytime soon as the much anticipated Proton e.MAS 5 has just been teased at an estimated price of RM60,000 to RM 80,000 earning the title of Malaysia’s most affordable EV.
This will definitely have BYD Malaysia looking to ‘fight back’ as its Atto 2 is a direct rival which was launched just months ago RM84k.
Then just days ago, MG Motor Malaysia announced new competitive pricing to counter price attacks from rivals of their MGS5 EV. Not selling the best, it is now offered with savings of up to RM10,000, including a complimentary 7kW AC wallbox charger or the option to choose charging credits. This brings its price down to RM105k only.
So, you might be thinking, well all the above are electric cars and thats expected, but let us share this information.
Even Mazda in Malaysia is making the move for lower prices. Four Mazda models have seen a price adjustments.
Mazda CX-80: The newly launched CX-80 saw the most significant cut, with prices dropping by around RM37,000 after its initial launch.
Mazda CX-5: This popular SUV saw its price reduced by RM10,000 across its petrol variants.
Mazda CX-8: This model received the largest price cut among the other affected locally assembled (CKD) SUV models, dropping by RM20,000.
Mazda CX-30: The entry-level variants of the CX-30 were cut by RM3,000, with other variants seeing a RM5,000 reduction.
Then you have Honda Malaysia, who has also reduced the selling prices of its popular hybrid and petrol models.
Honda City: from RM9,000 to RM10,000 discount based on variant.
Honda HR-V: from RM6,000 to RM8,000 discount based on variant.
Honda WR-V Crossover: from RM8,000 to RM10,000 discount based on variant.
Honda City Hatchback: from RM4,500 to RM6,000 discount base on variant.
Honda CR-V: even this very popular SUV is not spared with a price reduction from RM15,000 to RM17,000 discount based on variant.
Honda Civic: even this popular sedan gets a reduction from RM9,000 to RM10,000 base on variant.
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