2020 SST exemption: Lexus Malaysia reveals new price list – CBU cars up to RM47k less, till Jan 31, 2021

2020 SST exemption: Lexus Malaysia reveals new price list – CBU cars up to RM47k less, till Jan 31, 2021

Lexus Malaysia has revealed new prices for all of its fully imported vehicles, following prime minister Tan Sri Muhyiddin Yassin’s announcement on the sales tax exemption for cars. The revised pricing structure will commence on June 15 and remains valid until January 31, 2021.

Now, prices have dropped between RM8,416 to RM10,524 for the UX 200 range, representing an average of -3.5% reduction from before. Prices for the NX 300 line-up are down by nearly RM14k (-3.96%), while customers of the RX 300 can enjoy up to RM15,701 off (-3.57%) for the top F Sport variant.

As for the sedan range, the ES 250 Premium and Luxury, which previously retailed at RM299,888 and RM332,888, will carry a new price tag of RM288,663 (-RM11,225 or -3.74%) and RM320,510 (-RM12,378 or -3.72%) respectively.

2020 SST exemption: Lexus Malaysia reveals new price list – CBU cars up to RM47k less, till Jan 31, 2021

Click to enlarge.

High-end million-ringgit models like the flagship LS 500 Luxury is -RM38,008 (-3.62%) cheaper from before, while the Executive model with Kiriko Glass gets a -RM47,292 (-3.48%) reduction. From June 15, the LS 500 Luxury will retail for a cool RM1,012,692, and the Executive will set you back at RM1,311,508.

Last but not least, the starting price for the newly launched 2020 LC 500 is at RM1,205,217, or about -RM44,783 (3.58%) less than before. The LX 570 is no longer in the line-up.

UMW Toyota Motor president Ravindran K said: “All relief from the new tax structure have been factored into the new pricing, considered in the best interest of our customers.”

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Matthew H Tong

An ardent believer that fun cars need not be fast and fast cars may not always be fun. Matt advocates the purity and simplicity of manually swapping cogs while coping in silence of its impending doom. Matt's not hot. Never hot.

 

Comments

  • Ben Yap on Jun 12, 2020 at 2:51 pm

    the cheapest lexus is RM235K better buy than RAV4.

    Like or Dislike: Thumb up 1 Thumb down 5
  • S. Mong on Jun 12, 2020 at 4:01 pm

    Most powerful push is to offer 0% interest for 1st 3yrs installment payment plan. The effect is far more profound than just removing Sales Tax alone.

    Like or Dislike: Thumb up 2 Thumb down 1
  • S. Mong on Jun 12, 2020 at 4:02 pm

    Most powerful push is to offer interest free installment payment plan. The effect is far more profound than just removing Sales Tax alone.

    Like or Dislike: Thumb up 0 Thumb down 1
  • Frozen on Jun 12, 2020 at 4:21 pm

    Lexus which are CBU (only 50% SST reduction) but have higher percent reduction compared to Toyota CKD (which gets 100% SST reduction)????
    Something smells fishy between Toyota & Lexus here.

    Like or Dislike: Thumb up 7 Thumb down 0
  • vivizurianti on Jun 12, 2020 at 6:29 pm

    With sst exemption, now uni grad can buy this car, drive to work. Stylish, powerful, comfy, handsome and full of prestige. Cant go wrong with Lexus. Colleagues surely tabik.

    Like or Dislike: Thumb up 2 Thumb down 3
  • Dominic Teo on Jun 13, 2020 at 7:30 am

    SST is a flat 6%. Toyota/Lexus should be ashamed of themselves for insulting us with this gimmick. Either that or they are practically cheating us of the SST exemption by only refunding consumers only part thereof.

    Like or Dislike: Thumb up 2 Thumb down 1
  • heybadigol (Member) on Jun 13, 2020 at 2:54 pm

    Just realises that there’s no IS and GS listed. Has Lexus Malaysia stopped selling them? What a pity.

    Like or Dislike: Thumb up 0 Thumb down 0
    • Yes, they’ve pulled it off their models list from their official website some time ago…

      Like or Dislike: Thumb up 0 Thumb down 0
 

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