Shopping for a used Proton or Perodua? You probably want to read this first
Eric · Oct 14, 2022 10:21 AM
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With the waiting period for some new cars is stretching past the 6-month mark, many buyers have become rather impatient, and justifiably so.
Take for example the 2022 Perodua Myvi. Book one today and youâll be waiting up to 9.5 months before you can get the keys to your brand-new hatchback. If you thought that was bad, the waiting period for a Perodua Bezza stretches more than a year (13.5 months)!
Likewise for a brand-new Proton Saga, as you could be waiting up to 2 months or more before getting the keys to your shiny new car.
This is where used cars come in.
Skip the wait with a used Perodua or Proton as the waiting period for a brand-new one is just too long. Why bother waiting up to 13 months for a brand-new Bezza when a used one can be had without the waiting period?
If you need an entry-level sedan, should you look at a Proton Saga or Perodua Bezza?
If you're in the market for an entry-level sedan, your top choice is either a used Proton Saga or Perodua Bezza.
A used, top-spec Perodua Bezza 1.3 AV from 2016 has an asking price of RM 40,000, a rather impressive amount, considering that a Proton Saga 1.3 Premium from the same year goes for just RM 29,000.
Used car price for Bezza and Saga
Year / Model
Saga (RM)
Bezza (RM)
2016
29,000
40,000
2017
31,000
42,000
2018
35,000
43,000
2019
36,000
46,000
2020
38,000
49,000
Between a used Saga and used Bezza, the Saga is a better value-for-money option as it has depreciated considerably more than the Bezza.
While one could argue that the Bezza offers a far superior fuel economy, but with price gap between a used Saga and Bezza hovering between RM 8,000 to RM 11,000, it makes more financial sense to get the Saga, as the difference in price is enough for refuelling the Saga many times over (current RON95 price at RM 2.05/litre).
âWith that said, we would advise against going for Saga models made before 2019, as models made before that year was fitted with the god-awful Punch-sourced CVT-type automatic transmission, whereas models introduced after 2019 were fitted with a Hyundai-sourced 4-speed torque converter automatic instead.
As such, Proton Saga units manufactured after 2019 gets our recommendation over a used Perodua Bezza, owing to the Sagaâs superior sound system, ride comfort, and affordable prices.
But what if you need to transport more than 5 passengers?
In this case, if you need to transport more people frequently, your two choices are between a used Perodua Alza or Proton Exora.
For those who needs the extra space and power, itâs hard to argue against the value proposition brought by a used Proton Exora.
But if you just want 7 seats and cheaper running costs (refuelling and servicing), then a used Perodua Alza is definitely the way to go.
A used Perodua Myvi still makes for a very good argument, but you might want an Iriz instead
Letâs face it, the updated 2022 Perodua Myvi isnât exactly worlds apart from the model it replaces. Granted, it offers some improved features like blind spot monitoring and rear cross traffic alert, but at the heart of the model, itâs largely unchanged from the model that was introduced in late-2017.
Which leads us to a used Perodua Myvi. For all intends and purposes, a used Myvi serves its purpose as well as a new Myvi would, down to its mostly-identical safety equipment.
After all, a top-spec Myvi 1.5 AV from 2017 to 2021 would still offer the ASA AEB suite and 6 airbags; while the most recent update introduced quality-of-life improvements like blind spot monitoring, rear cross traffic alert, and auto high beam.
But, with used Peroduas and their strong residual value, a used Myvi is typically more expensive than its core rival, the Proton Iriz.
Used Myvi vs Iriz
Year / Model
Iriz (RM)
Myvi (RM)
2017
35,000
49,000
2018
37,000
51,000
2019
44,000
53,000
2020
48,000
55,000
2021
50,000
56,000
Take for example a 2017 Perodua Myvi, which commands a massive price difference compared to an Iriz of the equivalent model year, averaging between RM 6,000 to RM 14,000 depending on model year.
Thus, if youâre shopping for a used B-segment hatchback, a used Proton Iriz makes for a better value-for-money option, as depreciation has hit the Iriz harder than the Myvi.
Despite being a 5-year-old car, a used, top-spec Myvi 1.5 AV has an average price of RM 49,000, proving that Perodua's resale value is among the strongest in its segment.
If youâre looking for a used Myvi, youâre better off getting a brand-new car, as interest rates for a used car is considerably higher than a new car and it makes more financial sense to get a new car instead.
Generally speaking, it's not worth buying a used Perodua due to its strong residuals. If you want to buy a used Perodua, you might as well get a brand new Perodua, as interest rates are considerably lower for a brand-new car.
A used Proton, on the other hand, is a better value-for-money proposition owing to its more substantial depreciation compared to a used Perodua.
Started from the IT industry but somehow managed to find his way into the automotive industry. If heâs not gaming, heâs constantly tinkering with his daily/weekend car.