Retail prices for Renault vehicles have been reduced following the sales tax exemption that will take effect from 15 June until 31 December 2020.
The Renault model range for the Malaysian market consists of the Captur, which is the only locally-assembled (CKD) model, as well as the Koleos and Megane R.S., both fully imported (CBU).
With a 100% sales tax exemption on CKD models, the Captur enjoys a reduction of RM2,691.21 from RM107,980 to RM105,288.79. Meanwhile, savings for the Koleos and Megane R.S. range from RM6,687 for the former to RM11,670 for the latter, thanks to the 50 percent sales tax exemption on CBU models.
See the press release below for more information:
PRESS RELEASE
In line with the government’s implementation of the sales tax exemption on new cars from 15 June to 31 December 2020, TC Euro Cars (TCEC), the sole franchise holder for Renault vehicles in Malaysia, has revised the retail prices for its Renault models. For more savings, customers can also take advantage of additional online exclusives offered across the Renault line-up.
The savings from the sales tax exemption will be fully passed on to customers for all registrations from 15 June 2020 onwards.
A 100 percent sales tax exemption on the locally-assembled (CKD) Captur crossover offers savings of RM2,691. Meanwhile, with the 50 percent sales tax exemption on fully-imported (CBU) models, savings range from RM6,687 for the Koleos to RM11,670 for the Megane R.S. 280 CUP EDC.
Full details of the revised retail pricing are as below. All prices stated are on-the-road, without insurance, for Peninsular Malaysia and private individual Malaysian registration only. Prices for Langkawi remain unchanged as the sales tax is not applicable there.
| Renault Models | Current Price with sales tax | Sales Tax | New Price (CKD) less 100% sales tax | New Price (CBU) less 50% sales tax |
| Captur | RM107,980 | RM2,691.21 | RM105,288.79 | |
| Koleos | RM179,888 | RM13,373.16 | RM173,201.42 | |
| Koleos Signature | RM189,888 | RM14,041.82 | RM182,867.09 | |
| Koleos Signature Plus | RM194,888 | RM14,041.82 | RM187,867.09 | |
| Megane R.S. MT | RM279,888 | RM19,598.22 | RM270,088.89 | |
| Megane R.S. EDC | RM299,888 | RM23,339.91 | RM288,218.05 |
On top of the sales tax savings, TCEC is continuing with the online exclusive offers available through the Renault E-Store in the form of six-month instalment waivers with savings ranging from RM6,600 for the Captur to RM17,000 for the Megane R.S. Customers who trade-in their vehicles will enjoy further rewards of up to RM8,400. Additionally, Captur and Koleos customers also get a free five-year/100,000km service package worth RM6,278 and RM7,837 respectively.
| Renault Models | Online Exclusives |
| Captur (all variants) | 6 months instalment waiver worth RM6,600Trade-in rewards of up to RM8,400 (available with trade-in vehicles)Free 5-year / 100,000km service package worth RM6,278 |
| Koleos (all variants) | 6 months instalment waiver worth RM11,000Trade-in rewards of up to RM4,000 (available with trade-in vehicles)Free 5-year / 100,000km service package worth RM7,837 |
| Megane R.S. (all variants) | 6 months instalment waiver worth RM17,000Trade-in rewards of up to RM8,000 (available with trade-in vehicles) |
“This is a great time to buy a Renault. We strongly encourage those looking for a stylish vehicle with continental quality and safety standards to take advantage of this tax-holiday plus our attractive online offers,” said Wong Hoe Mun, CEO, TC Euro Cars.
With the on-going COVID-19 threat, customers who purchase a Renault can rest assured that their vehicle will be fully sanitised before delivery.
To visit the Renault E-Store or for information about Renault in Malaysia, visit www.renault.com.my or call 1800-18-8663 (Monday – Sunday, 8am – 8pm)
