Under MM2H..... Mitsubishi ASX 4WD @ approx MYR138000 [ without car loan ] ...... how much Tax Exempt can expect ?

Went to see Mitsubishi today for the CKD ASX.
VERY WELL spec'ed car for its price. The REP price is around 94k OTR for 4WD and 83k OTR for the 2WD.
Go for the 4WD since it is far superior with push start, moon roof, traction control and more.

And the best thing is, they already have a division that handles tax-free cars, which makes car delivery super fast.

Hi Bros,

Anyone knows how long does the MoF approval usually takes?

Cheers.

Yup.. the SPMC system is down for quite a while now and they have asked me to submit the documents to them for them to manually approve it   

Finally got the approval letter last Friday and also the car number

hi everyone,

Need advice urgently...

Bought my Toyota CKD car 2 years ago under REP, & after 2 year, I'm relocating again, thus need to sell my car.

I called my toyota agent last week, he told me that I'm have to pay for the tax when I sell my car. And I hv to go to the custom office to get this car tax calculated.
Now, this got me confused because all these while from the REP official website, this is the answer given:

Extracted from REP - FAQ
"If I use my car for more than 2 years, I can sell it after that and will not have to pay any taxes. If this is the case, will the buyer have to pay the taxes? Is it true that no tax and duty will be imposed if the car is old after 5 years?

Once you have purchased your two (2) CKD vehicles tax-free, you must have them in possession for a minimum period of two (2) years before you are allowed to sell them off to a third party. The third party will be responsible to pay to the Government any taxes payable incurred on the CKD vehicles based on tax-written- down-value/market value. Vehicles cannot be sold or its ownership transferred (penukaran hak milik) without paying excise duty and sales tax calculated by the Royal Malaysian Customs during the sale or ownership transfer. There will be taxes paid at any time the car is sold."
Isn't this contradicting with the FAQ from REP? Or is my misinterpreation of their FAQ statement?

Any sharing?

Or recommendation to any experienced car dealer in KL who can handle "so called tax-free" CKD car?

Thanks in advance.

Thanks, where do we inquire about the complete list of ckd cars for returning expats? anybody knows?

Thank you for the info! It's really helpful as I am also doing a survey now.
Anyway, do you guys know the price for HONDA Accord?

chizzu, TQVM!

I think most of us having problem of finding retailers/sales agents who have experienced in dealing with PAKAR/REP/MM2H. Just my suggestion. If there is a list of experienced retailers/sales agents for reference, it would be easy for all of us! Just my suggestion.

Well you can't really compare both cars as it is a different genre type of cars in my opinion. Volkswagen Passat has a edge in their designs and its appearance suit a younger ownership whereas Volvo has a slightly older design which suit older people. I also know that Volkswagen Passat has a better fuel efficiency to compared to Volvo s60 T4 or BMW 316i.

I am also doing a survey on Volvo cars too based on my budget:) Apparently, Volvo's tax exemption rate is higher compared to other car makers ( which sounds really good to REP or MM2H buyers ). However, besides the 5+5+5 promotion, I found almost nothing about cash rebates + free gifts offer upon Volvo car purchase. Kindly share should you guys have related info on cash rebates or other offers.

Today I am going to a Volvo showroom in Penang. Hopefully I would get good deal there. Will update if there is something interesting or worth sharing. Good day guys!

Hi there, anyone of you has experience on selling your tax free car? Says if we owned it for 5yrs and resale it, will be need to repay back anything? How's the resale value compare market price? Very confuse now as no SA can provide me any info. Called mof and never get answer on phone. Appreciate some sharing. TIA

hi there. please enlighten me the purchase process. what is Hasil Tax account? is it income tax reference number? if not, how to get it?
what if i do not have income tax reference number yet as i have just started to work?

hi chizzu,

so in summary, you just provided the surat akuan and approval letter to the sales agent? not any other document is required? thanks.

Need help urgently.

I have recently booked my second cars (I am entitled to 2 CKD cars) under REP.
I have been given the engine # and chasis #. Now, what do I do?
I was told to apply from MOF. But how? Can anyone guide me?
Thanks a million in advance.

-- James

Thanks for your reply.
To be honest, I don't remember how I did it the first time. It's been almost 18 months ago.
I think I did it myself the first time because my computer saved the login info to smpc site and hasil site. But for some reason, the saved passwords are no longer valid. Does it mean I need to get the digital cert before I can log in?

is epf statement or pay slip a must to be submitted to obtain approval from mof?

Hello guys,

This is what I understand from the Talentcorp programme :

Work at least 3 years overseas

Then can qualify to bring whatever car he/she been using during the time?

But is there a requirement for how long is the ownership of the car overseas?

And how the programme make sure the applicant won't ciao after come back?

PhD takes about 4-5 years, and in Europe it's considered as working for the govt as we are paid our salaries by them! If you are contributing to the NKEA fields, then you should apply even if you're not making RM20k or have the minimum work experience as they told us they consider you on an individual case basis, and if you can show them that you will contribute to the country, then they might approve you. It's free to apply anyway, just a small pain to organize all the paperwork they ask for (they asked me for all the salary statement and contracts in English, but my uni in Geneva was only giving me French documents!).

Re question about how long the car must be owned - it's 9 months if i'm not mistaken. Bad luck for me, by the time I got my act together to apply, it was April and they JUST changed the bloody rules AGAIN. In 2011 I was already planning to buy a car in Europe, but then they changed the rules to only 2 CKDs. Now 1 CBU or 1 CKD, but CBU already too late to buy, so left with 1 CKD

I was considering the Volvo V40 CC, it's an impressive car, but parents advised not to go for that because of resale value (I'm hoping to hold on to 1 car for 8 years at least, I guess it will be worth nothing by the time I sell). So now I'm considering the Mini Cooper Countryman as it's my dream car    and I won't get a discount ever again! For reference of others googling about REP/MM2H prices, Auto Bavaria quoted me RM168,676.91 for the Mini Cooper S Countryman LCI (2015 facelift model, normally RM243,888). Non-turbo Mini Cooper Countryman is RM149,096.44 (normally RM149,096.44). These are the only CKD units by MINI...

Happy Chinese New Year everyone!

when downpayment is made? before or after the approval from mof?

i believe that should be the way but the SA asked me to pay the downpayment before getting the approval (booking fee paid), saying due to GST will be applicable soon. not sure how true but i am very reluctant.

according to the SA, they are ready. back to the concept and principle, why payment is required before mof approval?

sure. i will share the A to Z process after the whole transaction completed. thanks for your info again.