epf account 2 withdrawal for car

Though launched in 2019, GoCar’s subscription programme is relatively low-key next to the brand’s on-demand car-sharing service. But one year later, GoCar has not only revamped their entire subscription programme but expanded it and rebranded it as GoCar Subs. GoCar Subs now offers an extended fleet of vehicle options from sedans, SUVs, MPVs and even a pick-up truck. The fleet consists of cars made up of various brands including Perodua, Proton, Nissan, Toyota, Honda and even continental cars li

Jerrica

Jul 30, 2020

So, you've found the used car of your dreams, sent it to your trusted mechanic and even got the green light from Puspakom to transfer to name over to you. But wait, have you checked if the car has any unpaid traffic summons attached to it? Surprisingly, this is a step that most used car buyers would miss on. Excited car buyers will find themselves facing a roadblock when they realise that JPJ will not transfer the car to them as the previous owner has outstanding traffic summons that has yet to

Jerrica

Nov 4, 2020

The Malaysian Automotive Association (MAA) has confirmed that new car prices are set to increase after December 31, 2020. Its president, Datuk Aishah Ahmad has confirmed that the updated Open Market Value (OMV) calculations will bump car prices up, between 0-20%, depending on model. She told reporters, “Any increase in OTR prices would be fully absorbed or exempted by the MoF for this year and the difference in duties for past years will also be exempted.” She also said that the increase in car

Eric

Jan 22, 2020

You’ve often heard the term 3-door and 5-door used when describing a car. For example, MINI literally names their famous hatch MINI 3-Door and MINI 5-Door. But why does MINI name their cars a 3-Door or a 5-Door when there are only either 2 doors and 4 doors for ingress and egress on the cars? Put simply, any door like structure which includes window on a car large enough for an adult to climb in and out of is considered a “door”. So, the terms 3-door and 5-door are reserved mostly for hatchbacks

Jerrica

Apr 10, 2020

It seems that Xiaomi could be hinting the launch of a new car based on a now-deleted image on Xiaomi’s Weibo account. But wait, there’s a twist! The photo of this Suzuki Jimny resembling-car was uploaded on Xiaomi’s social media account. Speculations have been going around on social media that Xiaomi will be producing yet another new car. This isn't the first car Xiaomi has ever launched. Back in 2019, they collaborated with Bestune to produce the Bestune T77 SUV. Earlier this year, they also wo

Brian

Jun 29, 2020

There are plenty of choices in the B-segment hatchback market, for Mazda, the model that represents the brand in this segment is the Mazda 2 hatchback. How much is Mazda 2 Hatchback? Bermaz Motors currently has 2 variants in their line-up. Both variants share the same 1.5-litre engine and are equipped with G-Vectoring Control. The only difference between the 2 variants are on the appearance - LED projector headlamps, keyless operation and the infotainment system in the top spec variant versus ha

Jerrica

Oct 2, 2019

Six months ago, WapCar.my broke the news that locally-assembled (CKD) cars may cost more due to updated Open Market Value (OMV) calculations. According to a report by Paultan.org, the Malaysia Automotive Association (MAA) president Datuk Aishah Ahmad said that MAA has written an appeal to the new government regarding the OMV. “They said that they’re looking at it, reviewing it, to make it more acceptable to the automotive industry, and we’re waiting for the outcome,” she said. Datuk Aishah added

Eric

Jul 27, 2020

The Thailand government and car companies will meet in January 2021 to discuss a proposal to increase the tax on combustion engine vehicles. Bangkok Post reports that the proposal is part of the effort to promote electric vehicles and reduce air pollution in Thailand. The current excise tax structure is due to end in 2025, hence the proposal for the tax hike for combustion engine vehicles. Electric cars in Thailand are currently enjoying a 3-year tax holiday, and the proposed tax hike (for combu

Arif

Dec 18, 2020

Despite the existing incentives for electric vehicles in Thailand, Finance Minister Arkhom Termpittayapaisith wants the Excise Department to reconsider which components of EVs deserve improved tax reductions to make them more enticing to consumers. Electric cars in Thailand are already on a three-year tax holiday under the current excise tax structure in Thailand. (Jan 1 2020 to Dec 31 2022). This applies to car makers granted with Board of Investment (BoI) privileges*. * Manufacturers that did

Arif

Nov 17, 2020

Would you be surprised with the headline? Of course not. It’s just the way things are these days, whether you like it or not. Two out of five (or 40 percent) of Mercedes-Benz cars sold globally are SUV models. Mercedes-Benz sold 2,164,187 cars in 2020 (down 10.3 percent). The figure includes 38,391 units of Smart models, but excluding commercial vans (325,771 units) and trucks. The commercial trucks division has since been spun off as a separate company, Daimler Truck AG, but it is still parked

Hans

Jan 13, 2021

At today’s opening of the 2019 Thailand International Motor Expo, the new 2020 Mazda 2 facelift made its debut in the Thai kingdom. As our Malaysian market Mazda 2 is imported from Thailand, we can also expect the new Mazda 2 facelift to be introduced here within the next few months. First launched in Malaysia in January 2015, the Mazda 2 is due for a mid-life update - a second one for Malaysia. The first was done in 2016, which saw the previous car’s halogen headlamps being replaced with the cu

Hans

Nov 28, 2019

Ever since Honda Malaysia introduced the tenth-generation Honda Civic a few years ago, it proved to be a very popular model. The facelifted Civic was introduced earlier this year, keeping it fresh for a couple more years. It's an aspirational car for a lot of young buyers, attracting many who can barely afford the car. So in this article, we will take a look and see how much you need to earn before you can afford to buy and maintain a Honda Civic. Taking the entry-level Civic 1.8 S (RM 109,326,

Eric

Oct 6, 2020

Though some people find it entertaining, the usage of musical horns or more commonly known as ‘hon tenonet’ can be a bit of a nuisance to road users. As such, the Selangor Road Transport Department (JPJ) has enforced an operation called “Ops Hon Melebihi Satu Nada” throughout the state, and those found guilty could be fined or sentenced to jail. This operation was conducted after the department received numerous complaints from the public on these musical horns. The horns were mainly operated by

CY Foong

Mar 8, 2021

The Deutsche Tourenwagen Masters (DTM) is a premier GT racing series based in Germany, racing a silhouette race car that's based on a mass-produced road car since the year 2000. The series used to consists mainly of the big-3 premium German manufacturers, namely Audi, BMW and Mercedes-Benz. However, the DTM series has seen a steady decline, evident by a shock withdrawal from Mercedes-Benz in 2017, leaving only BMW and Audi to carry the torch forward. Few other manufacturers such as Nissan, Opel,

Zamil Syaheer

May 6, 2020

Proton has announced today that the Proton X50 will have a claimed fuel consumption of 6.4-litre/100 km for the 1.5 TGDI (177 PS/255 Nm) engine variant and 6.5-litre/100 km for the 1.5T MPI (150 PS/226 Nm) variant. The tests are done using the NEDC (New European Driving Cycle) method. Yes you read that right. The more powerful engine is more fuel efficient. Why? Because the 1.5 TGDI engine uses direct injection while the 1.5T MPI engine uses port injection. We also know that the Proton X50 has a

Hans

Sep 30, 2020

Mercedes-Benz is counting down the minutes to the world premier of the all-new Mercedes-Benz GLA with a teaser video on the brand’s official Twitter account. A teaser sketch of the facelift GLA, released a few days ago shows that the compact SUV will feature even more rounded edges than the pre-facelift. The rounded edges prove that the all-new GLA is staying true to Mercedes’s wish to create a greater point of difference from the larger cars and the compact car range. The teaser video on Twitte

Jerrica

Dec 11, 2019

The Penang Chief Minister has a brand-new ride for his official use and it’s not a Honda Accord or a Toyota Camry but a Mercedes-Benz S-Class. The model in question is a 2019 Mercedes-Benz S560e in Selenite Grey and it cost the Penang government RM 458,000. In a statement, the state secretary’s office has said that this flagship German luxobarge was purchased to replace the previous official car, a Mercedes-Benz S300L bought in 2013 for RM 298,263. In spite of a price that is 1.5 times higher th

CY Foong

Jan 7, 2021

Earlier this week, The Star published an article “Locally assembled cars may cost more.” The article claims that prices of locally-assembled (CKD) cars will cost more due to potential restructuring in tax structures. Yes, the claim mentioned by the English daily is true. WapCar’s own sources within the automotive industry have also confirmed the claim. The reason behind the increase in prices is due to two factors: Withdrawal of EEV incentives and changes in Open Market Value (OMV) calculation –

Hans

Jan 15, 2020

A car has on average, about 30,000 to 50,000 parts, depending on vehicle type. Despite a manufacturer's best effort, every now and then, some defective parts will inevitably slip through. As cars get more complicated and consumer rights protection are strengthened in many parts of the world, it’s only natural for recalls to become increasingly common. As much as manufacturers try their best, there’s no such thing as a zero-defect manufacturer. The nature of how mass production work and increasin

Hans

Aug 16, 2020

UMW Toyota Motor (UMWT) has a few new financing schemes to offer all car buyers who are taking advantage of the recent SST exemption to buy cars. The new financing schemes are a collaboration with Bank Rakyat and will offer attractive financing packages to all Malaysians aged between 18 to 65 years old. The new financing packages are arranged to follow Islamic financing principle and consist of 2 types of financing options; An-Naqlu 1 and An-Naqlu 2. An-Naqlu 1 offers 90 percent financing and fo

Jerrica

Aug 12, 2020

** This article is the personal experience of a 2005 Subaru Impreza WRX STI owner and does not necessarily reflect the views of WapCar. Timothy Tam ↓↓↓ Press Here To Share Your Story ↓↓↓ I first fell in love with JDMs back in 2003, fuelled by 2 Fast 2 Furious and Need For Speed: Underground. I used to spend hours on end customizing my cars on NFS:U and always wanted to own one of them one day, with the Skyline R34, Evo and Impreza being my favourites. Fast forward 15 years later, I finally decid

Owner Review

Jul 21, 2020

Car manufacturers are bracing for an increase in manufacturing cost for at least the next 6 months as chronic shortage in semiconductor chips for cars drive up prices. The matter is serious enough that manufacturers from USA, European Union, Japan have reportedly escalated the matter to their respective countries’ diplomatic channels to secure for more supply from Taiwan, according a report from Reuters. Taiwan is one of the world’s biggest supplier of semiconductors and the global shortage in t

Hans

Jan 26, 2021

Peugeots, unfortunately, are plagued by bad reputation. Low resale value being one of the worst rep it has, but these French babies are actually very comfortable and fun cars to drive. Probably the most popular model from Peugeot in Malaysia is the Peugeot 308, which is now on sale in the used car market for RM 20,000. Should you buy one? For this used car guide, we will focus on the Peugeot 308 T7 generation. The 308 is classified as a C-segment hatchback, but Nasim, the distributor for Peugeot

Jerrica

Feb 21, 2021

The most popular Subaru in Malaysia is none other than the Subaru XV. It is the smallest car Subaru Malaysia has on sale and considered the entry-level car to enjoy the balance of a boxer engine and the famed Symmetrical AWD. The first generation XV is now on sale in the used car market for around RM 50,000 but what are the issues you should look out for before buying one used? Common problems To find out more about the common issues owners usually face on the first-generation Subaru XV, we refe

Jerrica

Feb 14, 2021

Today, you can pick up a used or reconditioned Toyota 86 or Subaru BRZ for around RM 90-150k and there are plenty of choices. As you can still buy an unregistered unit from grey importers, you can still get financing at affordable rates. By now, most of the common problems have been identified and fixes are available. Even then, what should you look out for? History of the Toyobaru Twins When these 2 models made its world debut back in 2012, the automotive world lost its collective minds. Here w

Jason

Dec 26, 2020

The Mazda 2 may be an ageing car but it’s definitely one that is catered to enthusiasts. With that being said, after 7 years on the market, the Mazda 2 is definitely due for a new generation that could debut in 2021. As we had reported before, the team over at Best Car Web has produced some interesting renders of what the next-gen Mazda 2 could look like. Judging by the renders, the Mazda 2 could retain the same Kodo design philosophy of the fantastically gorgeous Mazda 3 Hatchback. Even the rea

CY Foong

Jan 5, 2021

While most of us suffer from empty fuel tank anxiety the moment the fuel gauge drops to 2 bars, some risk-takers tend to push their cars to the very last drop of the fuel before refuelling. Did you know that this is not good for your car’s health? Honda Malaysia recently uploaded a simple PSA on its Facebook page explaining that this is a rather common practice among car owners. Continuing to drive your car until the fuel gauge starts blinking red will cause problems in the longer term, the most

Jerrica

Oct 21, 2020

In the light of Covid-19 pandemic, it is not a surprise at all that Jaguar Land Rover has decided to delay the planned UK media drive of the all-important 2020 Land Rover Defender. But what surprised everyone was their decision to redeploy the media fleet to the Red Cross’ international to aid in their fight against the coronavirus. Land Rover announced their decision to hand over the fleet to the Red Cross on their official Twitter account. LR’s communications director, Richard Agnew, also foll

Jerrica

Mar 31, 2020

Car mats are one of the first few accessories Malaysians will buy upon collecting their brand-new car. The most common type of car mats that you find in accessory stores are rubber and coil. While they provide better protection compared to the standard carpet type, rubber and coil mats are not the best option for long term hygiene, safety, and protection. Trapo Classic Mark II Mats gives you the ultimate protection with none of the safety risk. Trapo mats are designed and tailored to each specif

Adrian Chia

Nov 13, 2020

Mitsubishi Motors Corporation (MMC) is accelerating its push into electrified vehicles with 5 models planned in the future. One of those models planned is the hybrid version of the Mitsubishi Xpander. The hybrid version of the eccentric-looking SUV is planned for launch in 2023 as part of Mitsubishi’s plan to have electrified vehicles account for half of its global sale by 2030. But before that, Mitsubishi is expected to launch the Eclipse Cross PHEV in Japan in December 2020. This is followed b

CY Foong

Nov 3, 2020