Hybrid cars are becoming very attractive propositions thanks to the Government’s decision to fully waive excise and import duty, as announced in the 2011 Budget. UMW Toyota has already slashed the Toyota Prius’ price tag to RM139,900 from the previous RM175,000, and it’s Honda’s turn to reveal the new price of its Civic Hybrid. The green Civic is now priced at RM108,980 OTR with insurance, which is RM21,000 cheaper than before.
This means that the imported from Japan Civic Hybrid will be the most affordable Civic variant in Malaysia, undercutting the RM114,980 1.8S model, which is locally assembled by the way. The new price for East Malaysia is RM1,000 more than on the Peninsular, while Langkawi and Labuan buyers can have the car at RM100,980. It’s still cheaper in those duty free islands as they are exempted from a 10% sales tax.
“As the pioneer in introducing the hybrid technology to the Malaysian market, we are pleased with the government’s decision to allow full exemption of import duty and excise duty as announced in the recent Budget 2011. The move will make hybrid vehicles more accessible for environmentally conscious Malaysians. These exemptions are certainly timely as Honda is looking into expanding its hybrid vehicle line-up in Malaysia,” said Honda Malaysia President and COO, Rohime Shafie.
There you have it! Should be the Honda Insight, or perhaps even the CR-Z at a later date!