GST zero-rated: Nissan prices drop by up to RM9.4k

GST zero-rated: Nissan prices drop by up to RM9.4k

Edaran Tan Chong Motor (ETCM) has a new price list for its Nissan vehicle line-up, and this should officially come into effect from June 1, when the 6% goods and services tax (GST) that is in place will be zero-rated as per the announcement made by the new Pakatan Harapan government on May 16.

The new on-the-road (OTR) excluding insurance prices will remain in effect until GST is eventually replaced by the sales and services tax (SST). The exact return of SST has not been revealed, but according to Tun Daim Zainuddin, head of the government’s Council of Eminent Persons, SST should be back in place within a two to three month timeframe.

With the removal of GST, savings range from RM3,861 for an Almera 1.5E manual transmission to RM9,420 for an X-Trail 2.5L Premium Impul. The Almera 1.5E manual, which is priced at RM68,500, will be RM64,639 once GST becomes zero-rated. The X-Trail 2.5L Premium Impul, meanwhile, will see its OTR price being adjusted from RM167,600 to RM158,180 from the start of next month.

GST zero-rated: Nissan prices drop by up to RM9.4k

Click to enlarge.

As is the case everywhere else, the differences as listed are never directly six percent, based on an OTR price comparison with and without GST. As mentioned in earlier reports, the 6% 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 (these with no GST applied) to form an OTR price without insurance.

During the launch of the C27 Serena S-Hybrid, ETCM had stated that a price protection scheme similar to what Motor Image announced for Subaru vehicles – would be introduced to protect customers against impending price movements.

Under the programme, customers who purchased their cars starting this month will get the difference refunded to them should prices go up with the move from GST to SST, although exactly what form the refund will take has yet to be decided.

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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

  • this is manyak baguss news! only in malaYsia this trend right now!!,,but p1 better kot deswai people will not buy boring as h__ nisSang cars…ooo wai!

    Like or Dislike: Thumb up 1 Thumb down 1
  • Shareyzal on May 21, 2018 at 10:37 am

    Syabass ETCM! Salam Pakatan, rakyat cemerlang!

    Like or Dislike: Thumb up 12 Thumb down 1
  • mabuketum on May 21, 2018 at 10:47 am

    Bayar GST 9Ribu, dapat balik Br1m 1.5ribu

    Like or Dislike: Thumb up 7 Thumb down 2
  • Kujgtgjjfd on May 21, 2018 at 10:47 am

    I thought etcm going to increase the price after gst abolished…

    Like or Dislike: Thumb up 3 Thumb down 4
    • Singh on May 21, 2018 at 1:16 pm

      Yes I read same news last week, what a U turn. Director of TC clearly mentioned it. Pelik

      Like or Dislike: Thumb up 0 Thumb down 0
    • gobackread on May 22, 2018 at 2:19 pm

      it’s the implementation of SST la mangkuk!

      Like or Dislike: Thumb up 0 Thumb down 0
  • Casper on May 21, 2018 at 10:51 am

    Just go to Nissan Thailand website you can see the kind of cars they offer there:
    GTR
    Note
    March
    Sylphy
    Pulsar
    Juke

    Plus the cars that we already sell here:
    Almera
    Livina
    X-Trail
    Teana
    Navara

    Only thing is they don’t sell the Serena

    Seriously, Nissan Asia Pacific or Japan should let Tan Chong family to run as dealers. Not competitive in terms of new model offerings, specs, pricing and brand image

    Like or Dislike: Thumb up 12 Thumb down 2
  • Ben Yap on May 21, 2018 at 10:59 am

    cheaper nissan cars also cannot take number 1 spot in malaysia.

    Like or Dislike: Thumb up 2 Thumb down 2
  • CarBuyer on May 21, 2018 at 11:42 am

    Someone needs to investigate that Puspakon inspection fee applied to each new CBU unit as I believe it may be duplicate to approval (eg steering wheel position and headlamps for driving on left of road) that vehicles already have satisfied to be imported.

    Like or Dislike: Thumb up 2 Thumb down 0
  • meanwhile…nissan malaysia is still stuck with the ancient model… still no news on new nissan sylphy as facelifted nissan sentra in US..heard that the all new sentra is coming next year in US..

    Like or Dislike: Thumb up 3 Thumb down 0
  • Any news from mazda? Got price drop?

    Like or Dislike: Thumb up 1 Thumb down 1
  • Leafable on May 21, 2018 at 1:55 pm

    Still have people buying their car? Very old tech vehicles apart for the new Leaf.

    Like or Dislike: Thumb up 1 Thumb down 2
 

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