Now is the best time for Malaysians to own a Perodua car without worrying about prices during COVID-19 pandemic.
Perodua decided to reduce its model prices (on-the-road excluding insurance) between 3% and 6% via cash rebates and will incorporate the new prices throughout the tax reduction period.
This means people will be able to own the current model range comprising the Myvi, Axia, Bezza, Aruz and Alza, but with lower prices.
This comes after Prime Minister Tan Sri Muhyiddin Yassin announced the 100% sales tax exemption on new completely-knocked-down (CKD) vehicles and a 50% exemption for completely-built-up (CBU) vehicles until the end of the year.
Perodua President and Chief Executive Officer, Datuk Zainal Abidin Ahmad said the government’s move will stimulate the domestic economy and will help people to own a car even during the time of crisis.
“We want everyone to take this opportunity to own a Perodua without worrying about being left out.
“The Malaysian public are understandably spending more cautiously due to COVID-19 and the Movement Control Order, although personal vehicles are still very much needed in these trying times,” he said.
Zainal also believes Perodua will be able to lift the confidence and morale in the automotive industry during the crisis.
“This move to fully exempt CKD cars from sales tax is a confidence boost for the automotive industry – not just for car buyers but the entire ecosystem of manufacturers, suppliers and dealers. Along with low financing rates at this difficult time, we are cautiously optimistic that this will spur new car sales.
“As Malaysia’s biggest carmaker by volume, we reiterate our commitment to the government to contribute wherever and whenever we can to ensure the industry can get through this difficult time,” he said.
Perodua has sold 52,920 vehicles as of the first five months of 2020, giving it a 41% market share against an estimated year-to-date total industry volume of 129,401 units.
All current Perodua models have over 90% local content, and last year, the carmaker purchased RM5.4 billion worth of components from Malaysian suppliers.
For more info, please visit any Perodua sales outlet and speak to authorised sales advisors for the total cash rebate amounts and the full price list.