Buying a Mazda? Do it fast or pay more after SST-exemption ends in June
Sanjay · May 1, 2021 10:00 AM
Pending any last-minute U-turns, the current sales and service tax (SST) exemption/discount in Malaysia under the PENJANA scheme ends on 30-June 2021. That's only a little more than a month away.
Under this scheme, fully-imported (CBU) cars enjoy 50% SST discount, while locally-assembled (CKD) models enjoy 100% SST exemption.
Which means that car prices are expected to go up again come 1-July 2021. This article is about Mazda, but we'll also be writing about other brands and attach the links for those at the end of this piece.
Please note that upon SST reinstatement, prices may not necessarily match exactly to their pre-SST-exemption list. This is because the price list needs to be reapproved by the government, hence our emphasis on estimated pricing.
To get the SST-exempt/discounted price, your car needs to be registered before 30-June 2021. But the global chip shortage has caused supply for some models to be tight, so do keep an eye on that and check with your dealers on availability.
What about other brands?
The same rules still apply, and you can find their articles linked below:
With humble beginnings collecting diecast models and spending hours virtually tuning dream cars on the computer, his love of cars has delightfully transformed into a career. Sanjay enjoys how the same passion for cars transcends boundaries and brings people together.