Following the Malaysian government's announcement with regard to the Short-Term Economic Recovery plan post Movement Control Order, Volvo Car Malaysia has released its new price list for all Volvo CKD (Completely Knocked Down) models to exclude sales tax, effective 15 June to 31 December 2020. So if you have been looking for a Volvo car now could be the time. The last time this tax rebate was given was when the change of government happened back in 2018. Now you have another chance.
Nalin Jain, Managing Director of Volvo Car Malaysia, said: “We fully welcome the introduction of
the sales tax holiday and are grateful for the opportunity to pass on the full benefits to our customers. The incentive comes at an opportune time especially as the nation and the auto sector look towards recovery, onward from challenges brought on by the pause in business operations. We are hopeful that the reduced-price tags will encourage car buyers to invest in a car built with safety in mind and in the short-term period, recharge the automotive industry in Malaysia.”
The full range of Volvo CKD line-up in Malaysia will receive a discount and the revised retail price listed for all models are on-the-road, without insurance, inclusive of excise duty and exclusive of sales tax.
New retail prices for XC40, XC60, and XC90 CKD models
Available only in its T5 R-Design, the XC40 now costs RM241,450.
The line-up for the XC60 starts at RM279,410 for the T5 Momentum; RM316,390 for the T8 Inscription; and RM326,120 for the T8 Inscription Plus.
Meanwhile, the new retail price of the XC90 T5 Momentum is now at RM350,810; followed by the T8 Inscription at RM381,520; and the T8 Inscription Plus at RM391,150.
New retail prices for S90 and S60 CKD models
The S90 CKD model is available in three variants, to which their new respective retail prices are
RM319,630 for the T5 Momentum; RM349,670 for the T8 Inscription; and RM368,920 for the T8
Inscription Plus.
The very recently launched, in May 2020, Volvo S60 T8 CKD R-Design variant, now retails for RM282,540.
With a full offering of Volvo’s iconic models as CKD units, Volvo continues to uphold the standard of luxury, safety and performance globally and in Malaysia. Locally assembled in Malaysia’s oldest and longest-running vehicle assembly plant in Shah Alam, all Volvo CKD models are fitted with Volvo Genuine Parts and the latest safety technology to deliver same dynamic performance as its CBU variant, promising Malaysians a comfortable and safe driving experience without compromising on values.
“We have always appreciated the initiative of the government responding to the needs of the people and the nation. The attention and support for the automotive sector in Malaysia has always been progressive and we believe that this decision will not only boost the economy but also provide relief and hope for Malaysians as we transition out of a challenging period to better times ahead together,” said Nalin.
Offers and Promotions Aside from the Price Adjustments
To help customers to kickstart their new Volvo journey, Volvo Car Malaysia is currently offering a complimentary Recharge Package worth up to RM30,888, a Hager Wallbox worth RM8,000 and 5 years maintenance service package (VSA 5+). This offer is applicable on selected models and subject to stock availability. In addition to that, all bookings done online will receive a complimentary Polestar Optimization package worth RM5,250.
The current Volvo car owners need not worry about missing out on the extra benefits as Volvo Car Malaysia is extending its aftersales offers for them to travel safely with a peace of mind.
Special discounts worth up to 30% on selected Service Parts, 20% on selected Wheelset Accessories, 15% on Polestar Software Optimisation, up to 50% on selected Accessories and complimentary Health Check & Carwash. Both sales and after sales offers are available exclusively until 30 June 2020.
New retail prices for Volvo CKD models
Model Previous Retail Price (RM) Revised Retail Price (RM)
XC40 T5 R-Design 255,888 241,450
XC60 T5 Momentum 298,888 279,410
XC60 T8 Inscription 333,888 316,390
XC60 T8 Inscription Plus 343,888 326,120
XC90 T5 Momentum 373,888 350,810
XC90 T8 Inscription 399,888 381,520
XC90 T8 Inscription Plus 409,888 391,150
S60 T8 R-Design 295,888 282,540
S90 T5 Momentum 338,888 319,630
S90 T8 Inscription 366,888 349,670
S90 T8 Inscription Plus 386,888 368,920
For the full price list of all Volvo CKD models and additional offerings, head over to www.volvocars.com/my.
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