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Published: Tuesday December 24, 2013 MYT 1:36:00 PM
Updated: Tuesday December 24, 2013 MYT 1:59:50 PM

Why buy a hybrid car - participate in The Star Online survey

PETALING JAYA: Why would you buy a hybrid car? Is it because of its eco-friendliness and better fuel economy or because it comes with a tax exemption?

The Star Online is conducting a poll on the reasons people buy hybrid cars as the tax exemptions on these cars ends on Jan 1.

The Government has said it will decide on Jan 15 if this exemption will be extended.

The Malaysian Automotive Association (MAA) was reported to have said that only 322 hybrid units were sold in 2010.

In the 2011 budget, the Government introduced full import and excise duty exemptions for hybrid and electric cars and motorcycles.

The incentive applied to both completely-knocked-down (CKD) and completely-built-up (CBU) units.

This resulted in a massive growth of hybrid car sales in Malaysia, soaring to 8,403 units in 2011 and almost doubling to 15,355 units last year.

Last year, hybrid car sales came from four marques, namely Honda (8,712 units), Toyota (5,653), Lexus (979) and Porsche (11).

If there is no tax exemption, will you still consider buying a hybrid car? We want to hear from you.

Continue to the poll.


Tags / Keywords: Motoring, hybrid cars, tax exemption, Malaysia, Toyota, Honda, Lexus, Porsche

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