Jul 30 2013, 09:14 PM
QUOTE(MGM @ Jul 24 2013, 06:53 AM)
Taken from LLD, read this:
With its 1,997cc MR20DD petrol engine under the hood, the Serena S-Hybrid is eligible for import and excise duty exemption for hybrid vehicles below 2,000cc (which expires on 31-December 2013).
http://www.livelifedrive.com/malaysia/news...sia---rm149-500
I just feel that TCM is greedy and didn't pass this tax benefits to consumer becos there is no competition. I believe the govt will extend this duty exemption for hybrid vehicle to only CKD next year and hopefully by then price should come down and there wii be more competition from other brands. Just look at JazzHybrid and AudiA6 Hybrid.
Let me quote some facts here as example to gauge whether this new Serena hybrid is overpriced?With its 1,997cc MR20DD petrol engine under the hood, the Serena S-Hybrid is eligible for import and excise duty exemption for hybrid vehicles below 2,000cc (which expires on 31-December 2013).
http://www.livelifedrive.com/malaysia/news...sia---rm149-500
I just feel that TCM is greedy and didn't pass this tax benefits to consumer becos there is no competition. I believe the govt will extend this duty exemption for hybrid vehicle to only CKD next year and hopefully by then price should come down and there wii be more competition from other brands. Just look at JazzHybrid and AudiA6 Hybrid.
1) Civic Hybrid selling RM119k in Peninsular and 116k in Langkawi ... The 3k different perhaps is because of the 10% sales tax? It mean if excise duty and imports duty are waived, the Hybrid car selling in Peninsular should be not much different compared to the car sold in Langkawi
2) Premium mpv like S-max (2.0 turbo engine) is selling for RM199k in peninsular while in Langkawi is selling for RM109k. The huge different of 90k is because s-max is not an hybrid car thus excise duty and import duty are applicable for Peninsular
My doubt is :
1) Is the manufacturing cost of Serena MPV simple hybrid higher than S-Max 2.0 turbo / ecoboost? If not why Serena hybrid is selling @ RM149k? If yes it mean this simple hybrid systems is much more costly to build compared to turbo powered engine s-max which also come with much more accessories like 9 airbags, better sound systems, sun roof etc ... Not sure about this
2) If Serena Hybrid is not exempted from excise duty / import tax, it should be selling at around 250k or slightly below ... Is this Serena Hybrid really worth for RM250k if it is not tax exempted ?
Anybody has better view / explanation on this?
I'm keen to see if government not to continue the excise duty exemption and import tax after Dec 2013, what would be the selling price of this Serena Hybrid ...
By the way, I'm having a NGL and very keen to upgrade to this new Serena Hybrid but is this RM149k a fair price in view government is giving full exemption on excise duty and import tax ?
This post has been edited by ls71: Jul 30 2013, 09:22 PM
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