TC Subaru has released a new price list that will come into effect from June 1, when the goods and services tax (GST) will be rolled back to 0% from the current 6%. The effective removal of GST was announced by the new Pakatan Harapan government two days ago, fulfilling a major campaign promise.
These new prices – which, typically for TC Subaru, are on-the-road excluding insurance but inclusive or standard discounts – will remain in effect until the sales and services tax (SST) comes back in to replace GST. The return of SST was not mentioned in the 0% GST announcement two days ago, but the finance ministry confirmed yesterday that SST will be back, although no date was given.
Without GST, savings range from RM6,681 for the locally assembled XV 2.0i to RM17,460 for the CBU Japan WRX STI. There are slight variations in the percentage of reduction, which is typically slightly less than 6% flat. This is because 6% GST is only applied on the selling price of a car (and in the case of CBU models, a Puspakom inspection fee), before GST-free registration essentials (road tax, registration fee, ownership endorsement fee) are added on.
You might recall that Subaru was the first car company to respond to potential impact of price changes following Pakatan Harapan’s shock election win, due to the coalition’s promise to abolish GST. The Price Protection Scheme‘s aim was to shield customers from price fluctuations that were not on their side, and to counter the “wait and see” sentiment.
The scheme spelled out that in the event of a price increase of any booked vehicle that is not yet registered due to tax regime changes, TC Subaru will honour the original (lower) price. If a car had been registered, and the new price is lower, the customer will receive service vouchers equal in value to the price difference (up to a limit of RM3,000).
We now know for sure that prices will come down on June 1, so most potential customers will wait for next month to make a purchase. But if for some reason a customer wants to purchase a Subaru this month, he will be charged 6% GST before receiving service vouchers to make up the difference in return.
In any case, the Price Protection Scheme will be in effect till August 18. We know that it’s a matter of when, not if SST will be back, and when it does, prices will surely be higher than in the June price list. So, the coming months will be a great time to buy a Subaru if you have been eyeing one.
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Another gift from Pakatan Government besides lower or no tolls.
I guess we all made the right choice choosing a clean and honest Government
I wonder where is the fake news guy who said now Pakatan is Government, all non national car makes go up 300% in price.
I thought cybertrooper will leave this site after losing badly recently. But he is back again spreading malicious lies.
Time to reject this fake cybertrooper totally like the rakyat recently rejected a fake and corrupted regime zalim
Such great efficiency merely 8days since May 10. Simply astonishing even by any first world standards.
I was in London as I watched Tun being sworn in. Then I saw him tremble as he lifted his hands in prayer. It reminded me of my own trembling hands as I marked my ballot paper, of those who beat the odds to deliver that paper to the ballot box, and the millions of Malaysians who moved mountains to make miracles happen.
I lifted my hands in prayer with him, and for the first time since the results were announced, tears fell down my cheeks.
Malaysians have broken a six-decade stranglehold on our lives, and we did it with determination, with unity. Kita anak Malaysia !
BN cybertrolls prefer cheaper Birkins. Huk3
Sapot Harapan, sapot Bapak P1, sapot P1, buy P1.
Already the rakyat of Malaysia rejected your party for corruption, you dare come here and still spewn venom?
Now we see prices dropping. Goes to show one thing. Last time, we had to pay high prices because the previous corrupted Government had to buy many Birkins.
Forester now RM112k
Boyue expected to be RM100k
Which car to buy?
Subaru is sold in over 200 countries worldwide and have won so many rallies and championships for their Boxer engines
Boyue mainly sold only in China and have no real International market.
forester from 165k till 122k…..lol
Wow so much Savings! Rakyat paid so much GST since 2013
Government needed the GST money to pay for Birkins and Rolex watches and gold bars.
what abt BRZ?? Discontinued?? Not listed
Few days ago I though tan chong group (read Nissan and Subaru) said without GST car prices night go up. What happened.