Wonder how car pricelists are going to look like after the implementation of GST on April 1 2015? This pricelist for the yet to be launched 2015 Peugeot 308 has found its way onto social media under the P2CM Facebook group. Please note the ‘Est’ (estimated) disclaimer on the document as the car is not launched yet.
Basically you have the Nett Selling Price which includes inspection, handling and an RM50 number plate cost. The government’s 6% GST is then added to the Nett Selling Price. Then insurance costs are added on, of which the amount is already inclusive of 6% GST. If you have NCB, this amount will be different for you.
Finally, registration fee, road tax and ownership endorsement fees are added on. These three charges are not subject to GST as they are charged by the government so GST isn’t applicable.
The new estimated price of just under RM140k might seem like quite a hike compared to the outgoing model’s RM119k list price, but this is not because of GST. The new 308 has significantly equipment levels including a class-first Dynamic Cruise Control feature, which uses a radar sensor to allow the 308 to automatically keep a pre-set distance from the car in front of it.
Other revealed kit include six airbags, ABS, ESP stability control, Hill Start Assist, Emergency Collision Alert, Emergency Collision Braking, 18-inch “Saphir” alloy wheels, LED headlights and fog lights, keyless entry, push-button start, reverse camera, Alcantara seats with electric lumbar and massage function, panoramic roof, six-speaker Arkamys sound system and an enormous 9.7-inch touchscreen that controls everything from multimedia, telephony, vehicle settings and even the dual-zone auto climate control.
Under the hood is a new engine which produces 150 PS at 5,000 rpm as well as 240 Nm from 1,450-4,000 rpm, all sent through a six-speed Tiptronic automatic transmission to the front wheels. The engine features a new turbocharger and piston designs, as well as an ECU that has been fine-tuned to suit our fuel quality.
GALLERY: Peugeot 308 at Glenmarie showroom
so this is call turun harga right?!
pls don’t lie to us
OMG…Wah the new P 308 so damn cheap…Walau, after GST, lagi super damn cheap…(sarcastic)
Already high car price, now somemore tax 6%. This 6% might be increased to 7-8% if they said not enough money. Brace malaysian
U forget they swap the 10% sales tax to 6% GST
10% sale tax is imposed on CIF (importer’s cost). 6% gst is imposed on selling price. so final price up or down depends so much on distributor’s profit margin. plz correct me, if needed. thx
You are correct.
So by looking at the distributors’ margin, I doubt there is any price down after GST implementation.
The question is why charge GST on Excise duty? That is tax upon tax or double taxation already. Bloody greedy bastards!!
There is no way this kit makes up for the proportionately bigger increase in price. The author is attempting to hoodwink us. This website is no longer objective, and impartial. It is simply a mouthpiece of the retailers ripping off the rakyat
Ministers still willing emphasize that car price will go down…
Well, there you have it! Price cheaper? MAA mata buka cakap bohong.
kan betul…mana ada turun.
kenaikan harga sudah diTURUNkan…sape kate xde turun?
kan betul mana ada turun.
im confuse
Wasnt it RM118,500 for the non face lift model? 9K increase for the new car on Selling price?
Prices aren’t coming down anytime soon
Even BLR also increase. Monthly payment for housing loan already increased by more than 4%.
To the joker who gave a thumbs down….please explain!
For downpayment 10%
On top of 127k = 12.7k + 7.66k = around 20k..for the down payment instead of 12.7k..
bank loan will base on the selling price without GST..
Like this sure P & P close shop.. how rakyat to come out additional money for the GST ??
Exactly bro, I wonder how does it works? What if some give 100% loan, then the buyer finance the 6% as well? Plus interest will be more than 6%. Just saying!!
Why no price drop after GST?
Bare in mind, our ringgit is weakening
1USD to 3.69MYR today
Guess who has to foot the bill for currency losses
7.6k GST on top of excise duty which is, how much again?
Clever government taxing on everything and double taxing and pretending everything is alright
The 6% GST is on top of the existing 200-300% mark up on excise duty and tax duty.
So ya, it is double taxing
Bullshit 200% tax. For CKD cars below 1.8L the tax is 10% import + 75% excise duty + 6% GST = 91%
I go to proton dealership couple day ago and they said better booking now before 1/4….. tima kasih la minister
Then how can the minister keep on saying car prices will drop 1-3% after GST??
Anyway , minus 1-3 % of out 300% is still 297% mark up from original car price.
Go figure
car price will go down exactly 1 month before election… kerajaan mana ada mungkir janji
Thats quite painful to see. Imagine an RM200k car would cost an additional RM12k after GST (assuming no changes to selling price). But is there any reduction in the selling price due to GST (perhaps some taxes previously charged pre-GST but since it will be replaced by GST, it has been abolished or reduced), or is the selling price the same, with or without GST?
Actually, the old 10% sales tax are not mentioned in the brochure, they are put together with the selling price…so you don’t actually know how much is the tax…but GST demands that the value of tax to be printed..so now you know how much you are taxed…but like some article in the site has cover before..reduction of tax from 10% to 6% doesn’t guarantee price drop..since many things that doesn’t have tax before GST will get taxed…and then there is the depreciation of RM..
buy used car better
From The Star
“Buyers (of used cars) will not be affected by the prices as the GST will be imposed only on the dealers based on the profit from a sale.
“For example, if a used car dealer buys a car from a individual for RM30,000 and sells it to another for RM60,000, the GST will be imposed on the RM30,000 profit,” he explained. – Bernama
Incorrect.
The governemnt wont care what sort of profit the dealers make. Just tax and tax. I wont put to much weight what these ministers say.
They are just going to tag on 6% on the final selling price. You think Kastam so stupid and let the dealers and consumers get off so easy ah…
Thats why I just bought a used car, picking car up tomorrow. Even the dealers are trying to offload thier inventories….I have never had so good followup and service from the used car dealers in my life before.
But you are only right to buy a used car BEFORE they implement GST. Its going to be 6% more expensive after.
Change your last sentence to “Its going to be AT LEAST 6% more expensive after.”…
You’ll be lucky if it’s just 6.
If buyers are lazy to find out this info, its the buyers’ fault for getting conned.
Looking at the GST price and you can estimate how much the dealer is making.
If they bulat bulat charge GST on total price, REPORT la..
Dont need rocket science to calculate that
one menteri said GST will make car price cheaper because only charge 6% compare to 10%.
but car sellers are hiking up the price to compensate the sale tax 10% imposed pre-GST
this menteri said the 4% (sales tax 10% – GST 6%) can be reimbursed from government if the car seller can prove the car was made pre-GST
even the car sellers are confused, let alone the rakyat..
of course they are ‘confuse’, especially anything that can give more margin profit
i though that GST will replace the sales tax. so it that mean that now each of vehicle have 4 type of tax? excise, import, sales, GST?
I just need some clarification here.
Our Malaysian cars will incur excise duty which can be up to 50-300% of original car price.
So will the GST be included into this 50-300% excise duty?
If it is, It is double tax already. Tax on tax.
I think Sales Tax was original already on top of excise duty (tax on tax)
Apple to Apple wise, I think the calculation is correct
Its even worst that that.
First layer – Excise Duties/Import Duties
2nd layer – sales Tax
3rd layer – Bank loan (and Govn’t tax of banks profit), stamp duty, etc etc.
4th layer – Insurance (and again, the Govn’t tax on the insurance companies profit), and again, stamp duty…etc etc.
All these are coumpounded “taxes”.
I have been saying this all along…. go buy a used car…. 5 year old car and let depreciation eat 50% of the value….or even better, buy a Kimchi, Sam Loo says after 5 years the car only worth 20%….but the best satisfaction as not having to pay more tax to the government which doesn’t put it to good use anyway.
If that is the case, there is no point buying a brand new car with that sort of financial burden.
I should refurbish and repair my 12 years old car by this week.
Your car spare parts also got GST tax la. There is no escape.
Kemiskinan Rakyat Malaysia
All these high prices is because of Dr M Proton policy.
u buy car also kena GST,u make loan from bank also kena GST.hahaha. #fml.
“Kerajaan tak pandai nak tipu rakyat.”
Lol how irony
Not like this liau?
Rm127K -10%(sales tax) = rm115k
New price rm115k +6%(GST)= 122k!!
New price shud be around rm122k incl 6% GST!
Look back at the previous Paul Tan article and you will get a clearer picture
http://paultan.org/2015/03/14/gst-impact-car-industry-malaysia/
this is totally %^#@&%$
Stupid GST charge….Idiot government!!!!
Haha, this car is seriously costly now…
Who said price will go down?! Liars!
Drop the excise duty, I dont mind paying the GST after that.
Excise duty that makes the car price up!!!!
last time said sales tax (10%) will be replace by gst (6%)…plus minus we will get 4% decrease from selling price, now top up handsomely 6% somemore?…esok boleh pergi mengundi ke?
I thought 160hp… Only 150hp?? So sad
I wonder if they exclude sales tax previous from the net selling price, what amount would that be? As predicted, all new car prices are up, so go and argue with your minister now.
At the end of the day, we are still paying 306% tax. So there is no way the price will fall unless we make the Ministers fall from their seats.
see…i told you already b4 about cars buyer must pay more for GST..but you all thumb down my fact…
The govemment can pusing pusing cakap ma…”Oh, it not GST…it because the car have more technology”…DA… Orang atas makan daging,orang bawah makan ikan masin.
sorry no ikan masin for you… please go eat KANGKUNG
Got my 408T with huge discount (20K), with almost all the new 308 tech- 6 speed, new turbo, THP 165, ESC,7 airbag ,ABS…
i think is worth more then this New 308, except the design, touch screen and the lane assist extra 40k not worth it.
paultan pls pls pls help us to educate our minister on the double tax they force car buyers to pay. this is really out of this world, really ‘cekik darah’..
Konek je yang turun
Malaysia government!! Malaysia government!!! bullshit!!
they see it turun.. we saw it naik… hahahaha
I don’t mind the GST but only when our car prices aren’t insanely high…
penipu besar.
Let BN supporters be proud to themself… so they can suffer more for blindly support.
Love your cronies Father DrM and his rubbish protection policy.
Can’t afford ? Jalan kaki lorhhhh…
( said one of those idiots)
Looks like Datum Aishah was not pulling a fast one saying that prices were indeed going up.
Customs, as usual taking us for a ride. And it looks like this formula is gonna be applied to all existing cars. Fantastic!
this french car even rm70k i will neverbuy. Useless. reliabilty tarak and no rv
Buy new car kena GST…
Sell car oso kena GST…
Buy lottery kena GST…
When win a lottery, will oso kena GST…
Next time mati…..sure kena GST.
Thank you, BN. You make the living and the dead really hard.
Those who vote in last election for them, your should blame yourself and nobody else. . Been given a chance to change for better but throw away….. even we manage to change if they don’t do what the rakyat want.. We do change back to them… show the rakyat the power to CHOOSE.. same as our live..who give the best benefit to rakyat .. They will get the ppl vote
kimak… 1 car 4,5 type of tax n duty.. really damn cut throat price..
when gov says:
1) price of cars will go down = bullshit
2) gst will help the country = bullshit
3) rakyat will not be burdened = bullshit
4) malaysia economy is going strong = bullshit
5) petrol price go up and they subsidise a lot = bullshit
6) petrol price go down and they don’t make money = bullshit
only real thing government say = none.
RM127,963 for the 308THP includes excise duty & import duty, the rm7,677 GST is taxed on both the excise duty & import duty.
which means double tax?
If hisham buddy would purchase a nice audi cash purchace, hence its simple assumption we all should avoid the price post GST. Well kudos
waiting answer from minister :
1. “jangan beli kereta kalau harga kereta mahal.”
2. “u tak suka harga kereta mahal, u keluar dari Malaysia.”
#sarcasm
Not very sure but did they exclude the sales tax from the before GST price?
I got a feeling demand for second hand cars are going to increase. Hence increasing the second hand value to cars. Demand for new cars will reduce followed by lower production/ import of new cars. There is only limited disposable income that regular working class ppl have.
I thought the net selling price already has gst since this is ckd car ? All the raw material used to build the car is gst charged ?
Now they gst again the nett selling price means tax on tax? Last time I mention also many people say I ignorant so how does this work ?
it is unfair to compare this new price with gst…to be fair PT must come out with the actual nett selling price for this model since the there are a lot of additional features in this model…for example if the new price for this car (without gst) RM120,000.00 , we have to minus 10%(SST) to know the actual price without tax…. RM 120,000.00 – 10% = RM 108,000…so the nett selling price include GST 6% must be RM 108,000.00 + 6% (gst) = RM 114,480, tq
just same spec and different outlook , price up more than 20k….., GST benefit to citizen?????
This is a completely new model so we cannot compare its price against the previous model’s price. Let’s compare car prices being sold now and the prices after April 1. Those without any change in specs.
Why no show the amount of import tax and excise duty for this car so we can hentam gst better. If gst just gst lah why continue with old tax.
They should also itemise the excise duty paid on the car.
Tuu laaa Siapa Suruh kamu bodoh undi BN… Now sendiri suffer bcoz semua barang naik + gst lagi… Bodoh !!!
Malaysia went bankruptcy already.
thought government say car price will drop instead
Pm menyusahkan rakyat Sahaja
Rakyat didahulukan, pencapaian diutamakan.
Sekarang dah x main kereta.. Ada jet baru….
I think the comparation should be made with cars that are already on the market. Comparing new models won’t show clearly the difference between the SST and GST.
tak yah gdh2,tgu je pru14,tau kan apa pth buat..bising skrg x de guna nya
tgu je pru14,tau kan apa pth buat