car depreciation calculator malaysia

Some say that our road tax structure is archaic and demand an emissions-based system. One way to pay less road tax in Malaysia is to opt for a smaller engine, which usually means opting for turbocharged cars or hybrid cars. The road tax of a car can be a deal-breaker to some, and it is one of the reasons we don’t see that many V8 engines around. Used cars with big engines are a big turn off, since the annual road tax is almost half their value. So, just how expensive can the road tax be? Well, h

Arif

Jan 5, 2021

No depreciation cost, maintenance or insurance cost – all covered Return the car after 1 or 2 years Switch between a 5-seater Captur or a 7-seater Koleos at no extra charge Mileage cap applies - 20,000 km per annum, but extended mileage can be purchased TC Euro Cars, the official distributor of Renault vehicles in vehicles in Malaysia have announced a novel alternative to the traditional car financing model. Dubbed ‘Renault Subscription,’ the plan allows customers to drive away with a Renault Ca

Robert

Jul 30, 2019

Renault has been named Malaysia Car Subscription Company of the Year at the 2020 Frost & Sullivan Asia Pacific Best Practices Awards for its Renault Subscription programme, a year after the programme celebrates its first anniversary. Launched in August last year, the programme was designed to offer an alternative to vehicle ownership beyond the traditional hire-purchase model as well as car sharing and rental options available. “We are delighted to have received this prestigious accolade from Fr

Sanjay

Aug 24, 2020

In 1949, the loan tenure for a VW Beetle was 12 months with an interest rate of 9 % per annum. Things have changed. In Malaysia today, car loan tenures are usually of 5,7, or even 9 years with interest rates hovering around 3% per annum (calculated on principal). Cars are getting more expensive and are almost impossible to purchase without using a loan. But is taking a car loan a bad financial decision? Well, it depends on your financial circumstances (mainly your income), how much you benefit f

Arif

Jan 28, 2021

The actual cost of owning a car is a lot higher than just your monthly instalments, and we’re not talking about insurance or maintenance, itself already a big chunk of a car’s total ownership cost. Beyond maintenance, depreciation is the biggest ‘cost’ for a car owner. However, very few see it that way because it’s not something that you feel until you have to sell your car. It’s like losing money on stocks; it’s paper loss until you actually sell it, which you have to at some point. Remember th

Hans

Sep 12, 2020

Flux subscription service announces a new service that allows subscribers the chance to purchase their subscribed car after their subscription plan has ended. Think of the Subscribe to Own service as a long-term test drive for you to determine the car that will best fit you. The service works similar to Flux’s usual subscription plan with the addition that the monthly subscription payments also contribute towards the option to purchase the car. Interested subscribers are required to choose their

Jerrica

May 18, 2020

Sesetengah pihak berpendapat bahawa struktur cukai jalan (road tax) di negara kita agak melampau. Malah mereka menggesa industri untuk guna sistem yang berasaskan kadar pelepasan (emission-based). Salah satu cara untuk membayar road tax dengan murah ialah dengan enjin yang berkapasiti lebih kecil. Dalam erti kata lain, pembeli harus memiliki kereta yang menggunakan enjin turbo ataupun hibrid. Harga road tax yang mahal mungkin menjadi penghalang buat pembeli. Sebab inilah kereta dengan enjin V8 j

Faisal

Jan 8, 2021

Buying a used car can net you quite a fair bit in savings, as depreciation is a painful reality for new car buyers. But ask anyone who has recently purchased a used car and the general consensus is the same – the listed price isn’t always the same as the price they paid. The main reason is very simple; used car dealers have a nasty habit of excluding hidden 'processing fees' from the listed price of their cars. As such, one can expect to pay an extra RM 4,000 to RM 5,000 more when buying from a

Eric

Jul 5, 2020

The SUV market is growing larger in Malaysia and it is not hard to see why since they provide more room and a taller height than traditional hatchbacks and sedans. Just like every car, however, prices of SUVs will depreciate the moment they are driven off the showroom floor. Trade in User's Car Form Just like our previous articles comparing the resale values of B-segment sedans and C-segment sedans, we’ll be taking a look at the resale value of C-segment SUVs. Though this market is becoming more

CY Foong

Apr 10, 2021

We previously reported that used car sales are hitting an all-time high and the favourite choice among second-hand car buyers is the Perodua Myvi. If you’re looking to buy a used Myvi as well, then here’s what you need to know before you purchase one. It is understandable why the Myvi is still a crowd favourite even in the used car market. Whether it is the first generation or the second-generation car, the little hatch offers an interesting package with its spacious cabin, small vehicle size, a

Jerrica

Oct 17, 2020

** This article is the personal experience of a 1990 Mercedes-Benz W124 260E owner and does not necessarily reflect the views of WapCar. Facebook: Allan Woodworth Why did I buy this Mercedes-Benz 260E? My previous car was a Mercedes-Benz W123 230E, pictured below; the older generation predecessor of this W124 E-Class. I bought my current W124 in 2013, 7 years ago. The car was owned by a family friend who had it since new. It had 90k original kilometers on the meter and was in pristine condition,

Owner Review

Jul 22, 2020

When it comes to shopping for a car, terms like reconditioned cars and certified pre-owned (CPO) cars get tossed around a fair bit. On paper, both CPO and reconditioned (recond) cars are very similar – both are cheaper than a new car, allowing the buyer to save some money. But that’s where the similarities end, as they are world’s apart once you look closer. Recond cars – good on paper, but buyers beware While it may seem tempting to save RM 40k to RM 50k on a recond car versus a brand-new car,

Eric

Apr 23, 2020

What are the biggest factors that are holding you back from purchasing that dream Subaru BRZ or the Subaru WRX? If it’s long-term loans and depreciation costs then here’s a solution to your concerns. GoCar Subs has introduced a new Sports category to their subscription programme so Subaru lovers in Malaysia have an alternative solution for consideration. For a start, the new category offers 2 popular sports models – the 203 PS Subaru BRZ with a top speed of 210 km/h and century sprint of 8.2 sec

Jerrica

Feb 27, 2021

As Malaysians, we like to squeeze as much money out of everything we own as possible. Cars generally depreciate 20 percent of its value in the first year of ownership. After that, the value of the car would drop 15 percent every subsequent year until the 10th year. By the 10th year, the car would be worth 10 percent of what it originally cost when you bought it. But depreciation value also varies according to car brands and models, as well as the geographical location, i.e, if you’re living in S

Jerrica

Apr 2, 2021

Flagship sedans, they are the pride and torchbearers for luxury brands. They display the swankiest interiors, the latest technology, and nothing is left on the table. Captains of industry are regularly seen schlepping around in such luxobarges. They want to be seen in nothing less than the latest and greatest. The Mercedes-Benz S-Class and BMW 7 Series (replete with gargantuan, unsightly nostrils) are perennial favourites for those seeking an opulent and luxuriant motoring experience, and as suc

Jason

Apr 7, 2021

So, you've just taken delivery of your brand-new car. You're excited (understandably so), and have already made plans on how to spruce it up and make it your own. The last thing on your mind at this point of time is depreciation, which occurs the moment your new car hits the tarmac (typically, it loses 15 percent of its value). While inevitable, are there ways one can mitigate a car's depreciation? Actually, yes. Value User's Car Scour through the classifieds list and will see a wide range in pr

Jason

Mar 29, 2021

If you’re a fresh grad looking for your first car, chances are you’re looking at the Perodua Myvi. It offers great value for money and is packed with features, some of which aren’t even offered in cars twice its price. But then someone said you could buy a used Honda City for about the same price. So how should you decide? Before we continue, we'd like to note that this isn't strictly limited to the Honda City. Other options can include the Toyota Vios, Honda Jazz, Volkswagen Polo, etc. Likewise

Shaun

Apr 30, 2020

Want that dream car of yours but can’t afford to buy new? The used car market is one solution. If you are shopping for a used car, here are the list of things that you should look out for. 1. Check paintwork, body panels, engine bay, and underneath of the car First impression matters. The outlook of the car is what makes you attracted to it in the first place, so naturally, this will be the first thing you should look at. Always inspect the car in daylight, because the sun's reflection can tell

Zamil Syaheer

May 15, 2020

The Proton X70 was first launched in December 2018, as a fully imported (CBU) model from China. Slightly more than one year later, the locally-assembled (CKD) model was launched in February 2020, with a new transmission but hardly any change in price. The range topping Premium X model is priced at RM 122,800. Barely two years on the market, it’s still too early to gauge the resale value of a Proton X70. Yes there are quite a number of units listed on used car classifieds, but it’s still too smal

Hans

Aug 7, 2020

有不少人认为，我国的路税政策已经过时了，应该改换为基于排放量的制度。目前在马来西亚，想要少交路税，方法之一就是选择小排量引擎，而这基本上意味着，你需要选购一辆涡轮车或混动车。 对一部分人来说，车子的路税是影响消费的重要因素，这也是我们看不到多少V8引擎的原因之一。而搭载大排量引擎的二手车，更是让人望而却步，因为它们每年的路税几乎达到了车子价格的一半之多。 那么，路税到底能贵到什么程度呢？下面，我们就来为大家盘点一下马来西亚路税最贵的5款车，排序从低到高。 #5: Bentley Continental GT (6.0L) – RM 15,630 #4: Lamborghini Aventador (6.5L); Ferrari 812 (6.5L) – RM 17,880 #3: BMW 7-series V12 (6.6 L); Rolls Royce Ghost (6.6L) - RM 18,330 #2: Rolls Royce Phantom/ Bentley Mulsanne (6.75 L) - RM 19,005 #1 Bugatti Chiron (8.0L) – RM

Rax

Jan 10, 2021

The facelifted Renault Koleos is now open for booking and subscription. With the 4WD dropped, the lineup has been revised to two variants - Koleos and Koleos Signature priced at RM 179,888 and RM 189,888 respectively. Buyers who are concerned with depreciation or long-term loan tenure may opt for the subscription method for either a one-year or two-year period. Changes on the exterior include revised front and rear bumpers as well as new wheels, top spec Koleos Signature gets 19-inch alloys whil

Shaun

Oct 31, 2019

Volvo Car Malaysia today paved a new path for customers with the launch of its 360 total-care used car programme known as Volvo SELEKT. The programme is created for the discerning customers in mind, who want the same uncompromising excellence and quality of a new Volvo car but at a price point they desire. Each pre-owned Volvo car under the Volvo SELEKT programme is guaranteed to be under five years old and has less than 100,000 km in mileage. Once it qualifies under the programme, the car will

Brian

Jun 24, 2020

Volvo Car Malaysia has revised its warranty programme to a factory five-years/unlimited mileage for all privately owned Volvo cars registered from 1 January 2021 onwards. This comes after the announcement of the hybrid battery warranty extension. In previous years, Volvo car owners were entitled to the standard three-year/100,000km factory warranty with a combined two-years/20,000km Extended Warranty Programme (EWP) provided by an external insurance partner. Now with the introduction of the exte

Shaun

Feb 4, 2021

Following its earlier announcement in August, Pekin Auto Sdn. Bhd.’s Volvo Car 3S Centre in Skudai is now open for business. Located in the outskirts of Johor Bahru, dealership is the latest to be built in accordance to the Volvo Retail Experience (VRE) – a dealer guide that best communicates the brand’s Scandinavian-inspired values – and has five service bays. This will be Volvo Car Malaysia's second dealer in Johor. The other dealer is located in Batu Pahat, operated by AJ Premium. In total, V

Hans

Sep 9, 2019

Buying a used car can be great value for money. The initial depreciation has to took place and you have more choices with a smaller budget. It sounds like a no brainer, but buying a used car can also be a nightmare. Take for instance, the case of tampered mileage and “erased” warning lights. Careta and Malaysian Modders have recently highlighted the issue of a used car dealer guilty of this misconduct. Lower-mileage used cars are valued higher, hence the motivation to tamper with the mileage is

Arif

Dec 14, 2020

As car fanatics, we love to indulge in a little bit of car window shopping. You know, looking through the online classifieds hoping to add a dream car to your imaginary garage. Sometimes, you do come across a deal that sounds way too good to be true and on rare occasions, it really is a good deal. Unfortunately for a contractor, he fell victim to a scam. According to local reports, the 53-year old man from Pekan, Pahang stumbled across an ad for a Ford Ranger Raptor that was for sale on Facebook

CY Foong

Oct 21, 2020

There’s a new Volvo 3S centre in Malaysia and this time it is located in Kota Kinabalu, Sabah. The latest 3S centre will add to their list of 14 dealerships nationwide and will be run by their new dealer partner Sebangga Mitsinbo Sdn Bhd. The new 2-storey 3S centre spans 5,432 square-foot and is built to adhere to Volvo Car’s retail standard known as the Volvo Retail Experience (VRE). The facility is prepared to put the Volvo Car Lifestyle Collection and Accessories on show and ready to facilita

Jerrica

Jul 30, 2020

Volvo Car Malaysia, the premium car maker, has appointed Pekin Auto Sdn Bhd (“Pekin Auto”) as its latest dealer representative in Johor Bahru, in line with its expansive transformation plan which aims to improve overall customer experience. The new 3S Centre (Sales, Service, and Spare Parts) located near Skudai, will adhere to Volvo Cars’ latest VRE (Volvo Retail Experience) requirement – a standard that delivers a holistic brand experience for customers at any of Volvo Cars’ authorised location

Robert

Aug 1, 2019

Established on 15-November 2000, Honda Malaysia will soon be celebrating its 20th year anniversary in Malaysia. As of 2019, Honda Malaysia had sold a cumulative total of 928,271 cars since 2001. The majority of the sales were contributed by locally-assembled (CKD) models. We can expect the Pegoh plant to hit its cumulative 1 millionth CKD car milestone within the first half of 2021, nearly four years after the company hit its 600,000th car milestone in March 2017. Honda Malaysia sells very littl

Hans

Oct 7, 2020

Looks like car manufacturers are not the only ones that are currently enjoying a surge in sales. Used-car dealers are also reporting record-high sales in the few months since the Recovery Movement Control Order was put into effect. According to the Federation of Motor and Credit Companies Association of Malaysia (FMCCAM) president Datuk Tony Khor, the surge in demand for used cars is so good that the scenario is “simply too good to believe”. The surge in vehicle sales is believed to be spurred b

Jerrica

Aug 3, 2020