GST zero-rated: Mitsubishi Motors Malaysia’s vehicle prices reduced by up to RM8.7k effective June 1

GST zero-rated: Mitsubishi Motors Malaysia’s vehicle prices reduced by up to RM8.7k effective June 1

Mitsubishi Motors Malaysia (MMM) has announced a new price list for its Mitsubishi model line-up, and this will come into effect from June 1, when the 6% goods and services tax (GST) that is in place will go to 0% as per the announcement made by the new Pakatan Harapan government last week.

The new on-the-road (OTR) – excluding insurance – prices will remain in place until the sales and services tax (SST) returns to replace GST. The date of SST’s implementation has not been confirmed, but Tun Daim Zainuddin, head of the government’s Council of Eminent Persons, has said that it will be back in place within a two to three month timeframe.

With GST removed, savings range from RM4,314 for the Triton Quest to RM8,712 for the Outlander 2.4L. The Triton Quest, currently priced at RM77,390, will officially go for RM73,076 from June 1. As for the Outlander, which is now priced at RM154,988, will have its price adjusted to RM146,276 at the start of next month.

GST zero-rated: Mitsubishi Motors Malaysia’s vehicle prices reduced by up to RM8.7k effective June 1

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The differences as listed are never directly a flat 6% when based on an OTR price comparison with and without GST. This is because GST is only applied on the selling price of a car (and in the case of CBU models, a Puspakom inspection fee), with road tax, registration fee as well as an ownership endorsement fee then added on top of that (without GST) to form an OTR price without insurance.

On top of the removal of GST, MMM’s ongoing Hari Raya promotion promises even more savings to be had from June 1. The company is offering a Raya bonus on all the models in its line-up, with discounts starting from RM4,000 for the Outlander 2.4L and 2.0L as well as four Triton models (Athlete, VGT Adventure X, VGT AT GL and VGT MT).

The Triton MT and Quest, meanwhile, as well as the ASX 2WD and 4WD, will see a RM8,000 reduction in pricing during the promotion period, and the Triton VGT AT Premium will see an additional RM12,000 being lopped off, giving it a RM97,782 OTR price (or RM18,518 less than that now).

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Anthony Lim

Anthony Lim believes that nothing is better than a good smoke and a car with character, with good handling aspects being top of the prize heap. Having spent more than a decade and a half with an English tabloid daily never being able to grasp the meaning of brevity or being succinct, he wags his tail furiously at the idea of waffling - in greater detail - about cars and all their intrinsic peculiarities here.

 

Comments

  • No announcement from Mazda? Wonder how they always keep their prices higher. People still buy them because of the design factor both inside and out. IMHO none of the others in the class can beat Mazda in this respect so far. They keep it simple, elegant and sexy.

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  • Hmm….ad bought with gst charge

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