BMW Group Malaysia has released new prices for it’s cars according to the new tax structure that comes with the National Automotive Policy. BMW says prices have dropped across the whole model range, but from the price list I can see prices of models like the BMW M5 have actually gone up, although by only RM10,000 a small fraction of the car’s near million ringgit price tag. Other models which have gone up are cars like the 6-series.
Update: I’ve added another column with CIF prices excluding tax if available. Please read if you’re a masochist and somehow want to feel the pain of being ripped off. Also note that some CBU models being sold by BMW are not present on the CBU Gazetted Pricelist. What does the Customs do in such situations?
|Model||Assembly||Old Price||New Price||CIF without tax|
|BMW X3 2.0d||CBU||RM308,188||RM288,000|
|BMW X3 2.5i||CBU||RM378,480||RM308,000||RM129,483|
|BMW X3 3.0i||CBU||RM441,638||RM368,000||RM138,098|
|BMW X5 3.0i||CBU||RM518,868||RM488,000||RM161,499|
|BMW X5 3.0d||CBU||RM534,528||RM498,000||RM166,096|
|BMW X5 4.4i||CBU||RM788,018||RM618,000||RM265,644|
|BMW Z4 2.5i||CBU||RM439,748||RM388,000||RM131,686|
Some models were missing from the new pricelist, like the BMW Z3 3.0i and the BMW X5 4.8si. And even though some models have had very small price hikes, the price drops are HUGE for the other models.
Most of us can continue selling our souls and toiling to pay close to RM1000 each month for a Proton Gen2 or Waja when we earn just above RM2000 ringgit. National Automotive Policy? Cheaper cars? What cheaper cars? *looks around* If you combine the effects of the the insignificant price cuts and the higher interest rates for National makes, the average rakyat who can only afford a National make is actually going to have to fork out more for a decent car.
P/S: Don’t know what CBU and CKD means? Check out the Car Jargon page.