BMW Group Malaysia Corporate Fleet Discount
Fleet Discount Structure
BMW / MINI Corporate Programme
Purchased Units / Models | Fleet Discount Recommended Retails Price Off The Road before GST |
1 unit & above | 7% |
BMW 1 Series | 4% |
BMW X5 xDrive 40e, BMW M2, BMW i8, Mini Clubman & Mini Countryman | Fleet Discount is not applicable for these models |
TERMS & CONDITIONS:
- The Fleet Discount Structure above is applicable to purchases of new BMW or MINI cars from BMW / MINI Authorized Dealer under the BMW Group Corporate Programme made by KLSCCCI members, employees as well as by their respective spouses during the year 2019/2021.
- In order to qualify under the BMW Group Corporate Programme, KLSCCCI members and employees must have been registered or employed by KLSCCCI for a minimum of six (6) months prior to purchasing their new BMW or MINI vehicle. The aforesaid members and employees are only eligible for the fleet discount level stated above provided they fulfil the aforesaid six (6) months employment criteria.
- The discount as stated in the Fleet Discount Structure above is applicable to the published Recommended Retail Price OFF-THE-ROAD before GST of the NEW car, excluding registration and insurance (“Purchase Price”).
- For Malaysia Returning Expert Program customers, the discount as stated in the Fleet Discount Structure above is applicable to the Government Approved Nett Selling Price before GST of the NEW car, excluding registration and insurance.
- All cars sold by BMW / MINI Authorized Dealer under any other promotional offers are NOT entitled to the discount as stated in the Fleet Discount Structure. This includes but is not limited to cars purchased / sold during any promotional offers i.e. Demo/Registered car, and Promotional Campaign discount (kindly refer to below):
- Demo / Registered cars – a new car which had been registered under BMW Malaysia Sdn. Bhd. or the respective authorized BMW dealer’s name, which has been used and is subsequently sold to customer under the BMW Group Corporate Programme.
- Promotional Campaign – a discount which is offered to the customer in the form of rebate and special interest rate.
- All cars purchased/sold under the Government initiative “Malaysia My Second Home” programme by/to eligible and qualified “MM2H” and Duty Free customers are also NOT entitled to the discount as stated in the Fleet Discount Structure.
- If a car to be purchased by KLSCCCI members and employees as well as their respective spouses under the BMW Group Corporate Programme is included under other promotional offer(s) or is a demo / pre-registered car, this fact and the non-applicability of the discount as stated in the Fleet Discount Structure above, will be communicated by the respective BMW / MINI Authorized Dealer to the purchaser prior to any confirmation of purchase.
- Any purchases made by KLSCCCI members and employees as well as their spouses, irrespective of whether it consists of new or demo/registered car, will be accumulated towards the total volume of purchases (Purchased Units) made under the BMW Group Corporate Programme during the validity of the prevailing BMW Group Corporate Programme. This is for the purpose of ascertaining the percentage of discount applicable under the Fleet Discount Structure for each Purchased Unit eligible for discount under the Fleet Discount Structure and terms and conditions herein contained. BMW Malaysia Sdn Bhd shall provide a half yearly report to KLSCCCI on the number of units purchased by KLSCCCI members, employees and spouses.
- All new cars purchased by KLSCCCI members and employees and their respective spouses within the validity of the prevailing BMW Group Corporate Programme shall be computed collectively to determine entitlement to the percentage discount as stated in the Fleet Discount Structure. If the applicable discount is greater than the percentage of discount that was actually given by a BMW / MINI Authorized Dealer in respect of any purchase under the BMW Group Corporate Programme, the value of the balance discount shall be paid directly to the purchaser by that respective BMW / MINI Authorized Dealer.
- The above Fleet Discount Structure is also applicable to all related companies (within the meaning of Section 7 of the Companies Act 2016) of KLSCCCI members upon proof of the company’s relationship to KLSCCCI being furnished to the BMW / MINI Authorized Dealer.
- Where a Corporation –
- Is the holding company of another corporation;
- Is a subsidiary of another corporation; or
- Is a subsidiary of the holding company of another corporation, that first-mentioned corporation and that other corporation shall for the purposes of this Act be deemed to be related to each other.
- Where a Corporation –
- Please provide BMW Malaysia Sdn. Bhd. with a “To Whom It May Concern” letter (sample copy as enclosed herewith) to be signed by an authorized personnel from KLSCCCI, for purchases made by KLSCCCI members or employees under the BMW Group Corporate programme. KLSCCCI members or employees shall be solely responsible to submit their respective (i) name card; (ii) latest payslip or commission statement, as the case may be, to BMW Malaysia Sdn. Bhd.
- For spouses of KLSCCCI members or employees to benefit from the above Fleet Discount Structure, kindly provide BMW Malaysia Sdn. Bhd. with a “To Whom It May Concern” letter to be signed by an authorized personnel from KLSCCCI member or employees shall be solely responsible to submit their respective (i) name card; (ii) latest payslip or commission statement, as the case may be and (iii) marriage certificate if KLSCCCI member or employee wishes to register the car under his/her spouse’s name.
- Each eligible member and employee of the KLSCCCI shall only be entitled for the discount under the Fleet Discount Structure for the purchase of one (1) unit per year irrespective whether the purchase is in the employee’s own name or in the spouse’s name. In addition, please take note that all cars purchased under the BMW Group Corporate Programme shall not be sold within a period of twelve (12) months from the date of registration of the car unless otherwise agreed in writing by BMW Malaysia Sdn. Bhd.
- BMW Credit (Malaysia) Sdn Bhd, a related company of BMW Malaysia Sdn Bhd., will be offering a 3% discount off its normal offer rate to KLSCCCI members and employees in respect of any purchase under the BMW Group Corporate Programme. Example: 3.25% (normal offer rate) – 0.1% = 3.15%. This 3% discount will NOT be applicable if the market rate falls below 2.50%. Please note that the aforesaid offer is subject to the applicable terms and conditions and BMW Credit (Malaysia) Sdn Bhd reserves the right to reject any application without assigning any reason.
- KLSCCCI members and employees as well as their respective spouses, who wish to attend the BMW Driver Training Program will enjoy a special corporate price of only 00 per person as opposed to the Regular Retail Price of RM1,888.00.
- All new BMW cars purchased from BMW Authorized Dealer include 5 Years Unlimited Mileage Warranty + Free Scheduled Service program (Terms and Conditions apply).
- All new MINI cars purchased from MINI Authorized Dealer include 4 Years Unlimited Mileage Warranty + Free Scheduled Service program (Terms and Conditions apply).
- All purchases made by KLSCCCI members, employees and their respective spouses under this BMW Group Corporate Programme, must be made through BMW / MINI Authorized Dealers, in order to qualify for the discount as stated in the above Fleet Discount Structure. This will also facilitate the tracking of the volume of cars purchased under the BMW Group Corporate Programme.
- The applicability, computation and allowances of the discount percentage in each purchase shall be subject to approval by BMW Malaysia Sdn Bhd at its absolute discretion.
- BMW Malaysia Sdn. Bhd. and BMW Credit (Malaysia) Sdn. Bhd. reserve the right to, at any time and from time to time, vary, add, delete or amend any part of the BMW Group Corporate Programme terms and conditions without prior notice. BMW Malaysia Sdn. Bhd. reserves the right to, at any time discontinue or terminate the BMW Group Corporate Programme with seven (7) days prior written notice without assigning any reason therefore.
- BMW Credit (Malaysia) Sdn. Bhd. or its authorized dealers shall be solely responsible to collect the proceed of sale directly from KLSCCCI members or employees. KLSCCCI’s liability in respect of the same is hereby expressly excluded.
- Miscellaneous
- Neither party shall be liable to the other party for any loss, damages or claims relating to this Agreement, regardless of the nature of the claim, including, without limitation incidental, consequential, indirect or punitive damages.
- These terms and conditions shall commence from the date of KLSCCCI acceptance of the terms and conditions of this agreement and shall continue to be valid unless terminated accordance with paragraph 2(t) of this agreement.
- These terms and conditions shall be governed by the laws of Malaysia and the parties submit to the exclusive jurisdiction of the Malaysian courts
- Neither party shall disclose any information (whether in writing, orally or any other means, directly or indirectly) relating to the products, operations, processes, plans, intentions, trade secrets, customer data (all of which shall be referred to as the “Confidential Information”) of the disclosing party to any third party/ies during the performance on this Agreement without first obtaining the disclosing party’s written consent. Such restriction shall not apply if: (a) disclosure is required by laws, (b) such Confidential Information comes into public domain other than through the breach of this Agreement; or (c) such Confidential Information is disclosed to the receiving party by a third party without similar restrictions on that third party’s right of disclosure; and (d) is approved for release by written authorization of the disclosing party.
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