We all know the Toyota Yaris is coming soon to our shores. There have been sightings of the little hatchback on trailers being delivered somewhere, and UMW Toyota has even registered the domain name yaris.com.my. But what’s important is how much will it cost?
I had a look at the CBU gazetted price list released by the Customs a while ago and decided to try calculating the price of a Toyota Yaris with Malaysia’s awesome best in the world ever taxes slapped on.
Toyota Yaris – RM41,000
+ import duty (RM2,050) = RM43,050
+ excise duty (RM32,287.50) = RM75,337.50
+ sales tax (RM7,533.75) = RM82,871.25
Toyota Yaris High-grade – RM42,500
+ import duty (RM2,125) = RM44,625
+ excise duty (RM33,468.75) = RM78,093.75
+ sales tax (RM7,809.38) = RM85,903.13
I’ve done the calculations assuming the Toyota Yaris will be a CBU from Thailand, not Japan. Of course, this does not include whatever profit UMW Toyota has to make from the sale of the car. So, how much do you think UMW Toyota will sell it for? And do you think our Toyota Yaris will have a Super-CVT transmission?
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Toyota Yaris Hatchback Spyshots
Toyota Vitz (Yaris)
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AI-generated Summary ✨
Comments expressed frustration over the high pricing of the Toyota Yaris in Malaysia, with many deeming it overpriced due to exorbitant taxes and import duties. Several commenters suggest that the expected retail price should be around RM60,000 to RM70,000, but actual prices are predicted to be much higher, often exceeding RM90,000 or even RM100,000. The high taxes and policies like the NAP are viewed as unfair and a primary reason for the inflated prices, leading to sentiments of dissatisfaction and belief that Malaysians are unfairly taxed. Some comments also mention that despite the price, there is a desire for more affordable, quality vehicles, but the current economic and political environment hampers that. Overall, the tone is largely negative, highlighting frustration with government policies affecting car prices.