Tuesday, May 22, 2018

Zero GST - Volvo Car Malaysia's Car Prices & Vehicle Service Agreement Package Prices 1st June 2018 Onwards


My smartphone has been pretty busy the whole of this morning. It has been receiving lots of emails. Lots of car price adjustment emails coming in due to the Government's announcement of the zero rated (0%) GST. Now Volvo Car Malaysia has updated its model range price list in light of this issue. 



 Models
With 6% GST
With 0% GST
Savings
V40 T4
RM163,888.00
RM154,648.93
RM9,239.07
V40 T5 Inscription
RM180,888.00
RM170,686.67
RM10,201.33
S60 T6
RM238,888.00
RM225,403.65
RM13,484.35
XC60 T5
RM298,888.00
RM282,011.00
RM16,877.00
XC60 T8 Twin Engine Inscription
RM333,888.00
RM315,029.86
RM18,858.14
XC60 T8 Twin Engine Inscription Plus
RM343,888.00
RM324,463.83
RM19,424.17
S90 T8 Twin Engine Inscription
RM368,888.00
RM348,045.16
RM20,842.84
S90 T8 Twin Engine Inscription Plus
RM388,888.00
RM366,913.08
RM21,974.92
XC90 T8 Twin Engine Inscription
RM403,888.00
RM381,067.60
RM22,820.40
XC90 T8 Twin Engine Inscription Plus
RM413,888.00
RM390,501.56
RM23,386.44

* Please note that the prices quoted above are on-the-road (private registration for Peninsular Malaysia) without insurance.



This revised pricing will take into effect starting 1 June 2018 and will remain until further notice by the Ministry of Finance Malaysia on when they would apply their revision to the older Sales & Services Tax (SST).


Volvo Service Agreement (VSA) packages
This is what you will need when you purchase a Volvo. A lump sum service program so that everything is covered for a fixed sum over and above the warranty. This is also now Zero GST rated for the moment. 

Standard-rated 0% will also be applicable for parts and servicing prices at all of Volvo Car Malaysia’s authorised dealers, this includes purchases of all Volvo Service Agreement (VSA) packages as outlined below:


VSA Packages
With 6% GST
With 0% GST
Savings
VSA 3+:
Scheduled Maintenance and
Wear & Tear Parts
RM6,254.00
RM5,900.00
RM354.00
VSA 5+:
Scheduled Maintenance and Wear & Tear Parts
RM9,752.00
RM9,200.00
RM552.00

You may find more information about VSA in the attached brochure below.

Like the others, it is also a good time to think of buying a Volvo. So many cars with so much discount...and so little cash. Sigh.




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