UMW Toyota (UMWT) has updated the pricing for its models following the implementation of the sales and services tax (SST) on September 1. It’s a mixed bag here, with the new prices of some models now lower than previous prices with 6% goods and services tax (GST), and vice versa.
In terms of price reductions, models like the Vios, Fortuner and Innova are now up to 1.04% less than GST-inclusive prices. Meanwhile, other models such as the Corolla Altis, Harrier, Hilux and C-HR receive a hike of up to 3.7%.
Among all the models, the Alphard 3.5 sees the largest increase in price by RM13,200 compared to the GST-inclusive price. The Vellfire 2.5 comes in second with RM11,200 added on top of its previous GST-inclusive figure. On the other hand, two variants of the Vios are now RM800 cheaper – the largest figure when it comes to reductions.
Interestingly enough, SST-inclusive pricing for the entire Sienta, Avanza and Camry line-ups (including the Camry Hybrid) isn’t on Toyota Malaysia’s website at the time of posting but we will update this space when/should it be made available.
Several car companies have already released prices with SST in place, with more on the way. For now, it’s clear that not all prices are going upwards with the introduction of the SST, as suggested by Malaysian Automotive Association (MAA).
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AI-generated Summary ✨
Comments mostly express disappointment with Toyota's recent price increase, noting that the increase is around 2-3%, which some find unfair given the minimal discounts offered. Several users compare Toyota's pricing unfavorably to Honda and other brands, criticizing Toyota's prices as overpriced in Malaysia. There is concern that the price hikes could lead to a decline in Toyota sales and speculation about future models like the Sienta and Camry. Some commenters also mention that despite the price increases, certain models like the Hiace and Hilux saw price hikes, while others like Fortuner and Innova saw reductions. The overall sentiment is critical of Toyota's pricing strategies, with some expressing hopes for the decline of Toyota sales and skepticism about the fairness of the adjustments.