The tax savings on the Mini SE lowered its selling price, it is not a hefty product discount.
BMW Mini has been doing well in Malaysia and now comes news that their electric version, the SE has been given a huge price drop in Malaysia which will spur sales with the rich and elite Malaysians who are little affected by Covid-19 and our low currency exchange.
The Mini Cooper SE electric was launched in August 26th last year and in just one month all 26 units were taken up. At a selling price of RM218,381 (with the previous sales tax discount provided) this latest Mini arrived with 8 years or 100,000 HV Battery Warranty from the manufacturer.
Meanwhile, the petrol driven Mini Cooper S which was launched much earlier in July 2018 for RM226,888 started seeing a slight drop in sales as demand in coming months moved towards the SE. Now it will start reducing even more with the drop in price for the full electric Mini, the SE.
Cabin features are almost identical and driving performance seem to lean better towards the new battery powered Mini SE.
This Mini Cooper SE EV can get a quick 30-minute charge using a DC quick charger where the drive will get about 80 percent of battery capacity, and when fully charged, the MINI Cooper SE will return a range of 234km to a possible best 270km (depending on which standards are used to measure range). Charging with a MINI Wallbox Plus from 0 power to 80 percent takes about 2.5 hours.
This means, as a city commuter, this battery powered Mini should be an easy ownership experience and its ‘rich’ owner can use his petrol powered car for inter-state journeys until the charging infrastructure gets better along our highways and smaller towns.
Well, news just came in that the latest version of the Mini EV has seen a price drop and its new selling prices is just RM178,000 which is RM40,000 discount thanks to the latest government tax incentives on electric vehicles.
Plus, the road tax fee is now FREE. This lower price has made some early adopters a little upset as they paid the earlier launch price (before 2022 government incentives were announced).
Well, this is what happens when you want to be an early adopter and it could also go the other way when and if EV battery prices rise due to the rising costs of lithium and also the reduced availability of electric vehicles across developed nations as demand rises and petrol powered cars get set aside by developed nations.