"Cintai-lah" Malaysia...

Was googling up some stuff and I came accross something that really pisses me off, and really makes me hate my country even more. Check this out..

Below are the new National Automotive Policy tax rates, as of 22nd March 2006.

For Completely Knocked Down (CKD) Cars


For Completely Built Up (CBU) Cars



Then I dig a little more, and got lucky. Guess what I found..the Malaysian Customs (Values of Imported Completely Built-Up Motor Vehicles) (New) Order 2006 Pricelist! This is like their cost price-list of all the imported cars in Malaysia.

Take a look and see, I can guarantee you'll feel quite pissed off too, knowing that a supposedly luxurious Audi A8 4.2 Tiptronic Quattro MPV that retails for RM850,000.00 in our Malaysian market, only cost RM196,240!!!

OR, the famous Suzuki Swift 1.5 (A) CBU version, which cost RM89,802.50 in our local market, only cost RM29,057!!

This is shit up right?

So how do they count it? Let's take the Suzukit Swift 1.5 (A) CBU as an example.

Cost price = RM29,057
So according to the tax rate, a passenger car below 1800cc will get:
30% import duty = RM29,057 + 30% = RM37,774.10
then another
75% for excess duty = RM37,774.10 + 75% = RM66,104.675
and then another
10% for sales tax = RM66,104.675 + 10% = RM72,715.14

And remember, this RM72,715.14 is ONLY the local cost price for the distributers!! Distributers will mark up a little, then pass on to the dealers. The dealers will also earn abit, before passing on to the showroom, where they will also earn a little bit more. That's how you end up cars that supposedly worth only RM29,057, cost all the way up to RM89,802.50!!!

This was why Datuk Rafidah was in so much trouble after the PM found out she has been giving away so many Approved Permit (AP). The government easily lose anywhere from RM40k to RM500k, or more for luxury cars - per car! Take a look at Naza showroom..how much money they save on their cars..that is why they can afford to bring in so many insanely expensive cars like Ferrari, Prosche, Maserati, Lexus and even Mitsubishi, because if you have AP, the cars are actually dirt cheap!!

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If you're lazy to check out the price-list, here are some comparison of a few hot, popular cars in Malaysia, their cost price and On The Road price.
*OTR price is base on "On The Road" magazine, Issue 45, car price guide section.
**"Cost after government tax" is Cost + respective tax for that car category.

1) Audi TT 1.8
Cost = RM85,105
Cost after government tax = RM219,975.26
OTR price = RM350,029.00

2) BMW 645Ci Convertible
Cost = RM85,105
Cost after government tax = RM219,975.26
OTR price = RM350,029.00

3) Mini Cooper S Cabrio
Cost = RM87,866
Cost after government tax = RM219,884.67
OTR price = RM223,800.00

4) Mazda 5 2.0L
Cost = RM50,984
Cost after government tax = RM131,232.82
OTR price = RM159,000.00

5) Mercedes-Benz CLS 55 AMG (5.4L)
Cost = RM340,092
Cost after government tax = RM1,094,246.01
OTR price = RM1,291,888.00

6) Mercedes-Benz S 350 L (S) (3.7L)
Cost = RM247,500
Cost after government tax = RM796,331.25
OTR price = RM938,888.00

7) Mitsubishi Evo IX 2.0L
Cost = RM89,132 ARGHHHHHHH!!!!!!!!#@$%
Cost after government tax = RM229,425.77
OTR price = RM284,913.90

8) Porsche Cayenne S FL
Cost = RM208,380
Cost after government tax = RM670,462.65
OTR price = RM765,000.00

9) Chevrolet Aveo 1.5 SOHC (A) (STD)
Cost = RM24,961
Cost after government tax = RM62,389.83
OTR price = RM77,047.50

10) Nissan Fairlady 350z 3.5L (A)
Cost = RM105,000
Cost after government tax = RM337,837.50
OTR price = RM557,185.24

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Don't you just "Cintai-lah Malaysia"...??

#@$#%#%@#$%^#@(*&$^#^$*&#%&*#^@*#$

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