Volkswagen: new SST tax structure allows for more competitive prices

KUCHING: Volkswagen Passenger Cars Malaysia (VPCM) has revealed that the new Sales and Service Tax ( SST) tax structure allows it to be more competitive with prices, compared with the previous tax structure with Goods and Services Tax (GST).

VPCM recently announced the revised prices of all Volkswagen models with the implementation of the SST on September 1, 2018.

With the exception of completely built up ( CBU) models, the new prices of Volkswagen cars are now lower than previous prices with six per cent GST.

Additionally, the VPCM Price Protection Scheme ( PPS) is still applicable for all models registered by the November 15, 2018 and while stocks last.

Since the introduction of the PPS, VPCM has seen a rise in demand for Volkswagen models. While VPCM is doing its best to meet the demand, stocks are very limited and customers are urged to not delay placing their bookings.

“In line with the Government’s initiative, we are very pleased that the new tax structure has allowed us to be more competitive with our prices,” VPCM managing director Erik Winter said.

“With the new tax structure, the reduction of Volkswagen prices ranges from 1.5 per cent (for the Tiguan Comfortline) to 2.6 per cent (for the Vento Highline) compared against the previous tax structure with GST.

“We believe that the new prices, as well as our recently-introduced Price Protection Scheme makes owning a Volkswagen even more attractive to Malaysians.”

“As for aftersales service, the prices are determined by the service tax rate, and customers can download the revised service pricing guide on the Volkswagen website.”

All Volkswagen models come with three-years free maintenance, five-years manufacturer’s warranty and five-years roadside assistance.