Camry Hybrid price 2016 Malaysia

Hi everyone

Today is Monday  (28/12.2015) and Malaysians are still celebrating the Xmas holidays and some are finishing up their well deserved end of the year holidays. Some of the workshops are still closed taking advantage of the long holidays.

Toyota Camry 2016

Come next year year-2016 - the price of Toyota Camry Hybrid will be raised to nearly RM 200,000. I dont have the specific details but I've heard from some of the members in the group (Chocom) that the price will hover around RM 190,000. The reason given is that the the value of the Malaysian currency has gone down. Hence, the need to increase the price of the car by RM 10,000.

Pearl white Camry Hybrid 2016

 Furthermore the discount that is given to prospective customers has been withdrawn and new customers would have to fork out  the full  amount for the car. Toyota Malaysia does not like to give discounts for cars like Toyota Camry Hybrid because of the high demand of the hybrid cars in the country. I've received lot of inquiries from people that I do not know  via the club asking if they can still get the TCH based on the old price

Another possibility is that the price of the Camry will be around RM 220,00 - 230,000 if the government decided to do away with the tax break that hybrid cars are enjoying in 2015. They might do it in 2016 and if that happens there will be a drastic price increase of the vehicle to the same price as in Thailand. The drastic price increase will definitely stifle the growth of hybrid cars in the country. At the moment less that 5 % of the cars sold in Malaysia of hybrid in nature. But I doubt the government will withdraw the incentive  because of their unpopularity.