Following the government’s sales tax exemptions on vehicles as part of the Penjana Economic Recovery Plan, Honda Malaysia today announces reduction of prices for its vehicles.
As a boost to the automotive sector, the government has given a 100 per cent sales tax exemption on Completely Knocked Down (CKD) vehicles and 50 per cent sales tax exemption on Completely Built Unit (CBU) models. This is effective from 15 June until 31 December 2020.
For CKD vehicles, this effectively means the current sales and services tax (SST) of 10 per cent is zero-rated. This tax holiday is similar to when the six per cent goods and services tax (GST) was abolished in 2018.
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. Prices listed are OTR without insurance.
In addition to the new pricing, customers can enjoy on-going special treats with their new cars under the “Kita Bersama Deals” campaign (applicable for vehicles registered from 1 June 2020 to 30 June 2020).
Refer to the lists below for full pricing details.
For more information about Honda vehicles, visit www.honda.com.my or call Honda Malaysia’s toll-free number at 1-800-88-2020.
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