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SST exemption 2021: Honda prices in Malaysia - 2 months left for cheaper Hondas

Shaun · Apr 28, 2021 10:00 AM

SST exemption 2021: Honda prices in Malaysia - 2 months left for cheaper Hondas 01

The sales tax (SST) exemption/discount for new and reconditioned cars under the Penjana stimulus package will expire by 30 June 2021. This gives potential buyers a little over 2 months to seize the opportunity to buy a new car with SST exemption/discount in place.

To recap, locally-assembled (CKD) cars are exempted from the 10 percent sales tax, while fully-imported (CBU) cars get 50 percent discount (5 percent sales tax).

SST exemption 2021: Honda prices in Malaysia - 2 months left for cheaper Hondas 02

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If you’re interested in a Honda, we’ve compiled a list of Honda models to compare the prices with and without the SST exemption/discount. 

Honda prices in Malaysia w/ w/o SST
Model Price until 30-June Price w/ SST*
City 1.5 S RM 74,191 +4.08% (est.)
City 1.5 E RM 81,664 +4.28% (est.)
City 1.5 V RM 86,561 +4.37% (est.)
City 1.5 RS RM 105,950 TBC
Jazz 1.5 S RM 72,511 RM 75,300
Jazz 1.5 E RM 78,161 RM 81,400
Jazz 1.5 V RM 84,955 RM 88,700
BR-V 1.5 E RM 86,726 RM 89,900
BR-V 1.5 V RM 93,420 RM 96,900
HR-V 1.8 E RM 104,000 RM 108,800
HR-V 1.8 V RM 113,421 RM 118,800
HR-V 1.8 RS RM 118,581 RM 124,800
Civic 1.8 S RM 109,326 RM 113,600
Civic 1.5 TC RM 125,081 RM 129,600
Civic 1.5 TC-P RM 134,661 RM 139,600
CR-V 2.0 2WD RM 139,912 RM 145,400
CR-V 1.5 TC-P 2WD RM 157,615 RM 164,300
CR-V 1.5 TC-P 4WD RM 162,910 RM 169,900
Accord 1.5 TC RM 178,203 RM 185,900
Accord 1.5 TC-P RM 187,390 RM 195,900
Odyssey 2.4 EXV RM 249,393 RM 258,896

*Prices shown are estimates.

On 1 July 2021, car prices are expected to increase following the inclusion of sales tax. Do note that upon SST reinstatement, prices may not necessarily revert to pre-SST-exemption era as the price list needs to be approved by the government once more, hence the emphasis on estimated pricing.

SST exemption 2021: Honda prices in Malaysia - 2 months left for cheaper Hondas 01

For buyers to get the SST exempted price, the car needs to be registered before 30 June 2021. However, the global chip shortage has caused supply for some models to be tight, so do check with your dealers on availability.

Also read: After MCO, chip supply shortage is slowing car production in Malaysia

Shaun

Senior Writer

The quest for automotive knowledge began as soon as the earliest memories. Various sources information, even questionable ones, have been explored including video games, television, magazines, or even internet forums. Still stuck in that rabbit hole.

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