Indo tax office hints to Perodua D55L’s price in Malaysia – RM 62k to RM 75k

Hans · Feb 16, 2021 09:37 PM

Indo tax office hints to Perodua D55L’s price in Malaysia – RM 62k to RM 75k 01

Japanese market model shown, with optional accessories

While we wait for Perodua to announce details on prices and specifications of its upcoming Perodua D55L compact SUV, Indonesia’s tax office’s website has uploaded its latest Motor Vehicle Sales Value (NJKB, Nilai Jual Kenderaan Bermotor), which includes the Toyota Raize and Daihatsu Rocky, both are donor cars to the Perodua D55L.

Indo tax office hints to Perodua D55L’s price in Malaysia – RM 62k to RM 75k 02

NJKB is basically a car’s gazetted before tax value used by their Customs. It is not a car’s selling price but it does provide a rough indication of what’s the Perodua D55L’s price will be in Malaysian.

Indo tax office hints to Perodua D55L’s price in Malaysia – RM 62k to RM 75k 03

Indonesia’s Daihatsu Rocky/Toyota Raize will be produced by Astra Daihatsu Motor, while Daihatsu’s Malaysian outpost Perodua will produce the Perodua D55L, which is rumoured to use either the Perodua Ativa name or Perodua Axeda, both names have been registered as trademarks with MyIPO.

Indo tax office hints to Perodua D55L’s price in Malaysia – RM 62k to RM 75k 04

A250 and A251 are model codes for the Raize/Rocky. D55L is the development code

The Indonesian NJKB lists the Daihatsu Rocky/Toyota Raize’s value from IDR 146,000,000 to IDR 198,000,000.

Indo tax office hints to Perodua D55L’s price in Malaysia – RM 62k to RM 75k 05

Digital instrument cluster will most likely be limited only to the highest spec variant

Between the two brands, the Rocky/Raize twins will span 12 variants, with two engine options; 1.2-litre naturally aspirated 4-cylinder and 1.0-litre turbocharged 3-cylinder; and two transmission options; 6-speed manual and CVT-type automatic.

Indo tax office hints to Perodua D55L’s price in Malaysia – RM 62k to RM 75k 06

Of relevance to us are only the 1.0-litre turbocharged, automatic transmission (CVT) variants, which limits the NJKB value’s range to IDR 168,000,000 and IDR 198,000,000.

Indo tax office hints to Perodua D55L’s price in Malaysia – RM 62k to RM 75k 07

It would be tempting to simply convert these prices to Malaysian Ringgit but that’s overly simplistic as it ignores the differences in tax structures of both countries.

Indo tax office hints to Perodua D55L’s price in Malaysia – RM 62k to RM 75k 08

The best way to estimate the Perodua D55L’s price in Malaysia is to reference it against a similar locally-assembled model that’s also assembled in Indonesia.

Indo tax office hints to Perodua D55L’s price in Malaysia – RM 62k to RM 75k 09

Indonesia's Daihatsu Terios is a Perodua Aruz with a different face

That would of course be the Daihatsu Terios, which is a donor car for the Perodua Aruz (from RM 68,526).

Indo tax office hints to Perodua D55L’s price in Malaysia – RM 62k to RM 75k 10

Terios' gazetted value

Let’s start with a Terios variant whose specifications matches closest to our Perodua Aruz, and that would be the Terios 1.5 R AT, which is equipped with LED headlamps and electronic stability control (VSC) and has an NJKB valued of IDR 197,000,000.

Indo tax office hints to Perodua D55L’s price in Malaysia – RM 62k to RM 75k 11

Remember that unlike the 6 airbags Perodua Aruz, Indonesia’s Daihatsu Terios and Toyota Rush twins are offered with no more than 2 airbags, even on the most expensive variant, so its actual equivalent value should be adjusted to be higher than IDR 197,000,000.

Indo tax office hints to Perodua D55L’s price in Malaysia – RM 62k to RM 75k 12

In Indonesia, Toyota-badged models are typically better equipped than Daihatsu-badged ones. So the Toyota Raize makes for better comparison than the Daihatsu Rocky. Surely the Perodua D55L cannot be any poorer equipped than a Perodua Myvi, which already boasts of equipment levels on par with a Honda Jazz.

Indo tax office hints to Perodua D55L’s price in Malaysia – RM 62k to RM 75k 13

Automatic transmission turbocharged variants of the Toyota Raize have their NJKB value ranging from IDR 172,000,000 to IDR 198,000,000 – that’s about 5 to 10 percent cheaper than an automatic transmission Terios.

After factoring simple the mandatory ISOFIX and VSC (for Malaysia), a starting price of circa RM 62k for the Perodua D55L is not too farfetched.

Indo tax office hints to Perodua D55L’s price in Malaysia – RM 62k to RM 75k 14

This puts it below the Perodua Aruz’s starting price of RM 68,526, but above the Perodua Myvi’s ceiling price of RM 52,697.

The Myvi is Perodua’s best-selling model and we are pretty certain that Perodua wants to avoid the D55L from cannibalizing sales of its golden goose Myvi so a circa RM 10k gap gives the Myvi some reasonable breathing space.

Indo tax office hints to Perodua D55L’s price in Malaysia – RM 62k to RM 75k 15

Since the most expensive TSS-equipped Toyota Raize’s NJKB value is already higher than the top specs R AT Terios, the highest specifications Perodua D55L equipped with ASA 3.0 (rumoured to come to adaptive cruise control) should be priced at around RM 75k.

For reference, the Perodua Aruz 1.5 AV, which comes with ASA 2.0 is priced at RM 73,226.

Indo tax office hints to Perodua D55L’s price in Malaysia – RM 62k to RM 75k 16

If the estimates are correct, it would also mean that the top specs Perodua D55L will be priced just slightly below the Proton X50’s starting price of RM 79,200.

Indo tax office hints to Perodua D55L’s price in Malaysia – RM 62k to RM 75k 17

A recent report by automachi say that the Perodua D55L will be offered in 3 variants – 1.0X, 1.0H, and 1.0 AV. The estimated price range of RM 62k to RM 75k is reasonably wide enough to accommodate 3 variants. Expect a circa RM 5k difference between each variant.

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Up to 20% higher than average trade-in price

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