In line with the government’s implementation of the sales tax exemption on new cars from 15 June to 31 December 2020, TC Euro Cars (TCEC), who are the authorised distributor and importer of Renault here in Malaysia has revised the retail prices for its Renault models. Customers can also take advantage of additional online exclusives offered across the Renault line-up as there are many offers and rebates too. So it is a good time to take advantage of this current situation. If it is possible for you, that is.
The savings from the sales tax exemption will be fully passed on to customers for all registrations from 15 June 2020 onwards.
A 100% sales tax exemption on the locally-assembled (CKD) Captur crossover offers savings of RM2,691. Meanwhile, with the 50% sales tax exemption on fully-imported (CBU) models, savings range from RM6,687 for the Koleos to RM11,670 for the Megane R.S. 280 CUP EDC.
The initiative by the government is to boost or try to bolster sales of the automotive industry. So like the recent GST free offer of a couple of months which happened a couple of years ago, this is another one of those situations that warrant those who have been saving up for a new car to buy one. Of course, this is what the government wants, but we don't know the situation of the citizens of Malaysia post COVID-19 lockdowns.
But if you have the means, there are some great savings to be made.
All prices stated are on-the-road, without insurance, for Peninsular Malaysia and private individual Malaysian registration only. However, prices for Langkawi remain unchanged as the sales tax is not applicable there.
Renault Models
|
Current Price with sales tax
|
Sales Tax
|
New Price (CKD) less 100% sales tax
|
New Price (CBU) less 50% sales tax
|
Captur
|
RM107,980
|
RM2,691.21
|
RM105,288.79
| |
Koleos
|
RM179,888
|
RM13,373.16
|
RM173,201.42
| |
Koleos Signature
|
RM189,888
|
RM14,041.82
|
RM182,867.09
| |
Koleos Signature Plus
|
RM194,888
|
RM14,041.82
|
RM187,867.09
| |
Megane R.S. MT
|
RM279,888
|
RM19,598.22
|
RM270,088.89
| |
Megane R.S. EDC
|
RM299,888
|
RM23,339.91
|
RM288,218.05
|
Ongoing Offers and Rebates
On top of the sales tax savings, TCEC is continuing with the online exclusive offers available through the Renault E-Store in the form of six-month instalment waivers with savings ranging from RM6,600 for the Captur to RM17,000 for the Megane R.S. Customers who trade-in their vehicles will enjoy further rewards of up to RM8,400. Additionally, Captur and Koleos customers also get a free five-year/100,000km service package worth RM6,278 and RM7,837 respectively.
Renault Models
|
Online Exclusives
|
Captur (all variants)
|
· 6 months instalment waiver worth RM6,600
· Trade-in rewards of up to RM8,400 (available with trade-in vehicles)
· Free 5-year / 100,000km service package worth RM6,278
|
Koleos (all variants)
|
· 6 months instalment waiver worth RM11,000
· Trade-in rewards of up to RM4,000 (available with trade-in vehicles)
· Free 5-year / 100,000km service package worth RM7,837
|
Megane R.S. (all variants)
|
· 6 months instalment waiver worth RM17,000
· Trade-in rewards of up to RM8,000 (available with trade-in vehicles)
|
“This is a great time to buy a Renault. We strongly encourage those looking for a stylish vehicle with continental quality and safety standards to take advantage of this tax-holiday plus our attractive online offers,” said Wong Hoe Mun, CEO, TC Euro Cars.
With the on-going COVID-19 threat, customers who purchase a Renault can rest assured that their vehicle will be fully sanitised before delivery.
To visit the Renault E-Store or for information about Renault in Malaysia, visit www.renault.com.my or call 1800-18-8663 (Monday – Sunday, 8am – 8pm).
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