With the rising cost of petrol and fuel, hybrid vehicles are steadily rising in popularity what with the waiver of the duties provided by the government. Malaysia’s Toyota distributor, UMW Toyota announced that their internationally popular Toyota Prius has been re-priced to RM139,900. It was previously sold for RM175,000. Following suit in this exercise is their competitor Honda who announced that they have also reduced the price of the Civic Hybrid.
Sold currently for RM129,980, Honda Malaysia announced that they are slashing RM21,000 from the retail price where you can now purchase a Civic Hybrid for only RM109,980. This is good news for those who are considering to own a hybrid vehicle as it is now cheaper than the Prius. On top of that, it is also the cheapest Civic variant on sale.
The Civic Hybrid sold in Malaysia are fully CBU (Completely Built Unit) models shipped in from Japan and with the new price, it is the cheapest Civic around. The entry level model, which is assembled in Malaysia is the 1.8S Civic which is sold for RM114,980. If you are in East Malaysia, you will have to pay RM119,980 for the Hybrid while tax free zones like Langkawi and Labuan would enjoy further reductions and buy it at RM100,980.
According to Rohime Shafie, the President and Chief Operating Officer of Honda Malaysia, the latest incentive by the government of Malaysia is timely because having been the first to introduce hybrid vehicles in the market, their expansion in this segment would surely be boosted once the Civic hybrid becomes more affordable. Surely they are looking to expand further and keep your fingers crossed as we might just see the Insight or the CR-Z hybrid coming our way.
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