Toyota Prius now cheaper by RM35,000

Woot! Woot! Abstracted from today's The Star paper, my dream car (for now) which is the Toyota Prius Hybrid is RM35,000 cheaper effective 1st January 2011!! Woohoo!!!......I hope prices for smart green cars remain reasonable so that we can produce less green gas emission and lend a hand in combating global warming!  And not to mention enjoy a luxurious SMART car! :)

Toyota Prius hybrid now cheaper by RM35,000

PETALING JAYA: The price of the Toyota Prius hybrid car has been reduced by RM35,000 to RM139,900.

UMW Toyota Motor Thursday announced the new on-the-road price for the Prius, following a tax incentive for hybrid cars in Budget 2011 from Jan 1 to Dec 31 next year.

The Prius will cost RM141,500 in Sabah and Sarawak due to higher logistic costs, said UMW president Kuah Kock Heng.

Prime Minister Datuk Seri Najib Tun Razak in tabling Budget 2011 on Oct 15, announced that hybrid cars were fully exempted from import duties, with a 50% reduction in excise duty.

"UMW Toyota Motor welcomes the recent national budget announcement by the Government on the extension and enhancement of tax incentives for hybrid cars," Kuah said in a statement.

"With this, Malaysians can enjoy our most popular hybrid car at a more affordable price.

"They can also benefit from the high fuel efficiency and contribute to lowering carbon dioxide emissions," Kuah added.

According to Kuah, the Toyota Prius is the most popular hybrid car in the world with sales exceeding two million units worldwide.