Volvo Car Malaysia today released its new price list for all Volvo CKD (Completely Knocked Down) models to exclude sales tax, effective June 15 to Dec 31 2020.
Nalin Jain, Managing Director of Volvo Car Malaysia, said, “We fully welcome the introduction of the sales tax holiday and are grateful for the opportunity to pass on the full benefits to our customers. The incentive comes at an opportune time especially as the nation and the auto sector look towards recovery, onward from challenges brought on by the pause in business operations. We are hopeful that the reduced-price tags will encourage car buyers to invest in a car built with safety in mind and in the short-term period, recharge the automotive industry in Malaysia.”
The full range of Volvo CKD line-up in Malaysia will receive a discount and the revised retail
price listed for all models are on-the-road, without insurance, inclusive of excise duty and
exclusive of sales tax.
Available only in its T5 R-Design, the XC40 now costs RM241,450. The line-up for the XC60
starts at RM279,410 for the T5 Momentum; RM316,390 for the T8 Inscription; and RM326,120 for the T8 Inscription Plus.
Meanwhile, the new retail price of the XC90 T5 Momentum is now at RM350,810; followed by the T8 Inscription at RM381,520; and the T8 Inscription Plus at RM391,150.
The S90 CKD model is available in three variants, to which their new respective retail prices are RM319,630 for the T5 Momentum; RM349,670 for the T8 Inscription; and RM368,920 for the T8
The sales tax holiday came off the heels of the recent launch of the Volvo S60 T8 CKD in May 2020. Offered in its R-Design variant, the S60 T8 CKD now retails for RM282,540.
With a full offering of Volvo’s iconic models as CKD units, Volvo continues to uphold the
standard of luxury, safety and performance globally and in Malaysia.
Locally assembled in Malaysia’s oldest and longest-running vehicle assembly plant in Shah Alam, all Volvo CKD models are fitted with Volvo Genuine Parts and the latest safety technology to deliver same dynamic performance as its CBU variant, promising Malaysians a comfortable and safe driving experience without compromising on values.
“We have always appreciated the initiative of the government responding to the needs of the people and the nation. The attention and support for the automotive sector in Malaysia has always been progressive and we believe that this decision will not only boost the economy but also provide relief and hope for Malaysians as we transition out of a challenging period to better times ahead together,” said Nalin.
To help customers to kickstart their new Volvo journey, Volvo Car Malaysia is currently offering a complimentary Recharge Package worth up to RM30,888, a Hager Wallbox worth RM8,000 and 5 years maintenance service package (VSA 5+).
This offer is applicable on selected models and subject to stock availability. In addition to that, all bookings done online will receive a complimentary Polestar Optimization package worth RM5,250. The current Volvo car owners need not worry about missing out on the extra benefits as Volvo Car Malaysia is extending its aftersales offers for them to travel safely with a peace of mind. Special discounts worth up to 30 percent on selected Service Parts, 20 percent on selected Wheelset Accessories, 15% on Polestar SoftwarevOptimisation, up to 50 percent on selected Accessories and complimentary Health Check & Carwash. Both sales and after sales offers are available exclusively until June 30.