Sales Tax Exemption: Naza Kia Malaysia releases revised price list



Naza Kia Malaysia has revealed the revised price list of its models, following the announcement of sales tax exemption for private cars sold in Malaysia by Prime Minister Tan Sri Muhyiddin Yassin as part of the government’s short term economy recovery plan post COVID-19.

The updated price is effective starting 15th June to the 31st December 2020.

The cheap and cheerful Picanto is now priced up to 4.1%, or RM2,356.20 less than before. Its larger brother Rio‘s retail price is reduced by 3.3% (RM2.656.45) following the reduction in sales tax.

The Kia Cerato gets a 4% (RM4,133.94) reduction, which sees its retail price dropping below the RM100K mark. The Optima gets the largest reduction in terms of percentage differences, coming in at 6.7% (RM9,370.19).

Meanwhile, the brand’s halo performance grand tourer, Kia Stinger, gets the largest reduction in terms of price difference with a price drop of RM14,767.30 (3.8%).

As for SUVs and people movers, the Sportage is now up to 3.3% (RM4,658.48) cheaper than before on the 2.0D GT Line, while the Sorento is priced up to 2.8% lower than before, depending on variant.

The recently-updated Grand Carnival 2.2D LX 11-seater variant does not see a price change, though the older 8-seater 2.2D KX and SX variants sees reductions of 2.4% (RM3,850.48) and 3.2% (RM6,121.09) respectively.

For the latest updates on the revised price lists from all other car brands in Malaysia, do check out our round-up, available here.