The upcoming Bajet 2013 is just around the corner, will there be any new policy implemented with regard to automotive in Malaysia? Let's share what you want (wishful thinking) and what you think will happen in the Bajet announcement.

What I want: Duties on all cars reduced to bare minimum.
What I think will happen: Gradual car price reduction but only applies to EEV (energy efficient vehicles).

This post has been edited by alg7_munif: Sep 24 2012, 11:21 PM

I hope excise duty is reduced further. Pronto. On the spot just like that. And life will be beautiful again.

No more car tax on overseas car plz

income tax reduce pls

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Added on September 25, 2012, 12:20 pmthere may be some reduction on excise duty, however, they may tax us back with GST soon

This post has been edited by bearbearhong: Sep 25 2012, 12:20 PM

import tax is 30 percent only. And most popular non-local cars have no import tax.

just a question... since bujet coming and many speculations revolve around it.. lets just say one of the items in the bujet says "waive/reduction of eksais duty"

would it impact the price of car (if im in the midst of buying one)

Yes, unless you are planning to buy hybrid vehicles or commercial vehicles.

what i want : reduction or "excise" duty for car (step by step tax reduction so it will be little bit fair for current car owner)

what i think : reduction on p1 or p2 only. ><

This post has been edited by Varia: Sep 25 2012, 05:05 PM

why people still stressing on import duty? import duty is not the main contributor of the car price. It is excise duty.

+ dealer margin

increase import duty and excise duty,and soon i can sell my car with higher price..hahahaha.
in serious note...erm..nothing to hope.

Lower Import & Excise duty. 75% - 105% is too much.
We dont know what is the actual margin of profit at this moment.
Make the public transportation better!!!

This post has been edited by linkin182: Sep 25 2012, 05:06 PM

not urgency getting car, so i can wait until next mid year.. after that if there's no hope then just buy ler..

those dreaming of getting foreign cars at a cheaper price can just forget it.

Proton/Perodua will die with their current car prices at their incompetency level.
Jobs will be lost, and majority are BN's loyal servants who holds the precious votes.

it just won't make sense. An extension of green car exemptions will all there is to it.

I want duties to go up in preparation to get people to get on to public transport. Otherwise there will be more cars, billions spent on public transport with no ridership leading to bailout again with our money.

Thats why we want some drop in excise duty, not the import duty. As almost all car(exclude commercial and hybrid vehicle<2000cc) in Malaysia have almost 70% of excise duty, including local car.

Ps. correct if im wrong

So nothing?

so ..what next? PR want to reduce 20% tax

So disappointing.. all the menteris and their cronies manage to drive those fancy cars while average joes like us are stuck with Proton. Buy proton, pay back to them or buy imported cars, pay excessive excise duty to government. Either way rakyat is screwed.

We rakyat can't even afford to pay the duties with our own money so we need to take a loan to pay the government duties. I mean if the majority of the cost are duties, we are actually taking a loan not to buy a car but to pay the tax instead.

-deleted-

This post has been edited by jepakazoid_82: Sep 28 2012, 11:51 PM

no mention of car tax is announced in budget. So let continue to use our old cars.....

Automotive industry gets telur...

well look at the bright side. your car value stays intact and second hand dealers remain their rice bowl.

Buy proton also pay excise duty.

damn disappointing...at least PR budget promises 20% reduction in taxes...I hope more wise people are voting this time round...people are saying that PR would be as bad...well...never try never know...I'd rather try something new than to hold on to something old that we know does not work....but if PR wins and screws up...out I go...

Yes true. This Budget was crap. BN is more concerned in handing out short term goodies for the 'feel good factor' just before polls. And i think this is the first time a Budget speech in Malaysia is used to attack the Opposition and beg for another term. And they have the cheek to actually say they have done a good job in Malaysia all these years. Pathetic.

Will the tax exemption for hybrid cars remain?

Since nothing has been mentioned . It will end at 31st Dec 2013. However, who knows they might extend it during the 2014 Budget

unlikely to continue the exemption due to proton rolling out their new 'hybrid' models (lol > 9999) unless they cater to the lower income by producing cheap hybrids at 60-70k

Huhu no new announcement on reduced car price

Was hoping to by myvi @ 10% cheaper huhuhu

Better bajet for middle class my arse! Bajet for their election more like it.. Us middle class are ones paying taxes. Mentris are f*** wits useless corrupted bastards.

Only 1.7 mil of the 12 mil workforce pays taxes. So u can imagine who's the main contributers. The middle income group.

When you buy a car, you also pay a lot of tax as well. Some even need to take a loan due to the tax burden. Not paying the income tax doesn't mean that they are not paying tax, go to McD also they pay tax, some a cigarette also they pay tax. Giving away tax payers' money like there is no tomorrow in the budget.

Yea but he was refering to those paying tax from their taxable income. So its basically 1.7 mil ppl supporting the remaining 10.3 mil. The question here would be how many of that 10.3 mil ppl are really below the taxable income bracket? I would really like to know how much taxes ppl like the Sarawak CM and his family members who sit on board of various companies pay.

Pointless to dwell over the announced budget and the current state of malaysias politics/economy in this section la....

just do the right thing in the next election, and lets get back to the fast n furious topics!

This post has been edited by tunasandwich: Sep 29 2012, 10:10 AM

dengki la tuh

After the Budget 2013

Now is the time to see Annual Parliament Audit report to see how "smart" are the Government manage our people's money.

RM251.6 billion is allocated in budget 2013. Out of 251.6 billion, 201.9 is used for 'administration' fee and the remaining is for 'development' fee. <--pardon my poor translation.

If this was a business, such allocation would definitely makes you bankcrupt.

sos from Hew Kuan Yau if you know who is him

fingers crossed, hoping for a good news on the revised NAP

can only hoping...

looking at the new budget... middle class in urban areas will become the new 'miskin bandar'... not eligible for any incentive, programs, even tax reduction, etc... one thing for sure had to pay more taxes and ready for less subsidized sugar and cooking oil, lol

there goes my superbike dream........

i wan to get a car soon, stil no news for car tax

maybe more news will come with NAP announcement...if still no reduction...then really...they will lose ALOT of votes

BN vs Pakatan:

http://www.themalaysianinsider.com/malaysi...-bn-vs-pakatan/

when will that happen?

my car stolen last month, nw use mom car, but nw susah, no enough car use

nobody knows....maybe end of year? PR promised 20% reduction...let's see what current gov comes up with...but then...they are already losing plenty of votes for other reasons

Any exact date for the NAP Announcement?

RM30.2bn car excise duty collected from 2007 to 2011
PM Datuk Seri Najib Tun Razak has told the Dewan Rakyat that a total of RM30.2 billion was collected in car excise duty between 2007 and 2011, Bernama reports.

RM4.7 billion was collected in 2007; in subsequent years RM6.2 billion, RM5.7 billion, RM7.1 billion and finally RM6.5 billion in 2011, said Najib in a written reply to Hee Loy Sian (DAP-Petaling Jaya Selatan) during question time.

Hee wanted to know the total car excise duty collected between 2007 and last year and whether the Finance Ministry intends to lower car excise duty with a view to reduce car prices for the people’s benefit.

Najib said car prices are determined by several factors such as production, transportation, advertisement and distribution costs, as well as carmakers’ and distributors’ profits, and not merely based on the tax rate.

“These elements are beyond government control. Hence, any proposal to lower car prices has to be studied thoroughly so that the outcome can really benefit the people besides helping to bolster competition in the local automotive sector in the long-term,” he added.

http://paultan.org/2012/10/02/najib-car-ex...rm30-2-billion/

This post has been edited by fishmango: Oct 2 2012, 04:40 PM

najib wont use other makes to kill off own makes car... I'm sure no big diff even if there is any adjustment...

Our neighbour do encourage diesel

http://paultan.org/2012/02/20/singapore-to...-cars/#comments