As many other brands have done over the course of the past week and a half, Sime Darby Auto Performance has announced that Porsche models will also be subject to a price reduction following the zero-rate GST implementation, from June 1st, 2018. Of course, it is unsure as to what the prices will be once SST is reimplemented in September, but for now it is said that up to RM 88,000 reductions will be implemented among Porsche products in Malaysia.
For example, the 718 Cayman with a new base price of RM 509,434 has a price adjustment of RM 30,566, while the flagship Panamera Turbo with a new base price of RM 1,462,264 has a price adjustment of RM 87,736. All of these prices are exclusive of options, which as we know can easily raise the price of a Porsche model once outfitted with all the bells and whistles. As for why a full model price list can't be provided, it is likely due to some models being Price On Application.
The revised prices include SDAP’s four-year warranty and free maintenance package that includes complimentary service, parts and labour. The stated prices include all applicable duties, except registration fees, road tax and insurance. Standard zero-rate GST implementation will also be applicable for parts and service at all SDAP authorised dealers.