Tag

second hand car prices

Record high sales for used cars continues! Malaysians social distancing in second-hand cars?

We previously reported that second-hand car dealers are experiencing record-high sales in July 2020. It seems the success followed through to the third half of 2020 as well.According to the president of Federation of Motor and Credit Companies Association of Malaysia (FMCCAM), Datuk Tony Khor, the year-on-year sales in July spiked over 25 percent to 37,800 units while both August and September registered over 17 percent year-on-year growth.He attributed the spike in sales to the incentives like

Jerrica

Jerrica

Oct 12, 2020

Car prices to go up by 15 to 25 percent after Chinese New Year.

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

Hans

Hans

Jan 15, 2020

Mercedes-Benz C-Class W204 – kini serendah RM62k, baloi angkat ‘second hand’?

Minggu lalu, kami menceritakan tentang sebuah kereta mewah eksekutif iaitu Mercedes-Benz E-Class. Namun begitu, sesetengah pihak berpendapat bahawa ia terlalu besar. Maka itu, mari kita lihat versi kompak pula iaitu Mercedes-Benz C-Class W204.Untuk maklumat anda, kereta mewah kompak sering dianggap lebih menarik kerana ia lebih mudah untuk dikendalikan. Ditambah pula dengan kualiti yang premium, kereta eksekutif kompak seperti C-Class mempunyai pakej yang cukup diminati ramai tidak mengira golon

Faisal

Faisal

Nov 17, 2020

BMW 5 Series F10 – kini serendah RM 114k, baloi angkat ‘second hand’?

Pada tempoh hari, kami menceritakan tentang sebuah kereta mewah eksekutif iaitu Mercedes-Benz E-Class. Namun begitu, sesetengah daripada anda mungkin berpendapat bahawa rekaannya bukan untuk citarasa ramai. Oleh itu, mari kita kupas mengenai saingannya di dalam generasi yang sama iaitu BMW 5 Series F10.Untuk maklumat anda, BMW 5 Series adalah antara kereta yang cukup disegani di dalam industri automotif. Malah sesetengah pihak berpendapat bahawa ia adalah sedan yang terbaik kerana ia tidak mempu

Faisal

Faisal

Nov 28, 2020

MAA: Car prices confirmed to increase after December 31, 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 increas

Eric

Eric

Jan 22, 2020

Used pasar malam vehicles are the most popular second-hand cars! Which should you get?

The Covid-19 pandemic has left many struggling financially in its wake, it doesnt help that our country has once again reinstated the Conditional Movement Control Order (CMCO) thanks to the third wave of the pandemic. With no light at the tunnel just yet. many are turning towards a different method of earning. The most common business that many has turned to is the car boot sale concept. So, here’s a guide of the best 4-wheeled companion to set up that stall of your dreams.We understand th

Jerrica

Jerrica

Nov 21, 2020

Panduan membeli Toyota Estima terpakai, MPV second hand kegemaran rakyat Malaysia!

Toyota Estima telah ditamatkan pengeluaran oleh Toyota pada tahun 2019. Model MPV popular tersebut melalui penjualan generasi akhir yang sukar kerana dibayangi oleh model Toyota Alphard dan Toyota Vellfire yang lebih premium.Walaubagaimanapun, MPV dengan pelbagai konfigurasi penumpang ini masih popular di Malaysia. Ia masih boleh dibeli oleh penjual kereta recond dan terpakai.Toyota Estima merupakan MPV yang boleh dinaiki dengan selesa pada tempat duduk baris ketiga dengan harga yang lebih mesra

Haris

Haris

Jan 5, 2021

How much will car prices go up after 31-Dec 2020 – SST returns, don’t forget new OMV

Despite Covid-19, the Malaysian car industry is expected to end 2020 on a reasonably OK note thanks to the temporary suspension/discount on sales tax. After 31-December 2020 however, the 10 percent sales tax will return and this time, it will return with a new Open Market Value (OMV) calculation, which could see car prices increasing by up to 20 percent, more on that later.Malaysia’s Total Industry Volume (TIV) – the industry’s lingo for new car sales – is projected to re

Hans

Hans

Dec 21, 2020

Toyota Sienta 'second hand' – serendah RM 54k, baloi beli untuk elak Perodua Alza dan Proton Exora?

Perodua seringkali dikaitkan dengan jenama Toyota. Untuk pembelian baru, MPV kompak yang tahan lama dan berharga dibawah RM 100k hanyalah Perodua Alza, Proton Exora, dan Toyota Avanza. Tetapi bagaimana jika anda inginkan sesuatu yang berlainan?Bagi anda yang tidak tahu, Toyota Sienta ialah sebuah MPV yang unik dimana ia hadir dengan rekaan eksterior dan interior yang jauh lebih funky - sinonim dengan kereta JDM. Malah pintu penumpang belakang juga menggunakan jenis gelangsar dimana ia lebih prak

Faisal

Faisal

Jan 20, 2021

Germany: It would be a mistake for Malaysia to raise prices of locally produced cars

The German government has expressed concerns that a revision in the pricing structure of locally-assembled cars will affect not just the investments made by German car companies operating here in Malaysia, but also Malaysia’s competitiveness against its neighbours.A locally-assembled Mercedes-Benz C-ClassSpeaking at an interview with BFM radio yesterday, the German Ambassador to Malaysia His Excellency Nikolaus Graf Lambsdorff told BFM:“German car companies have invested in Malaysia

Hans

Hans

Jan 31, 2020

No further increase in 2021 car prices, government cancels plan to revise OMV

Malaysia Automotive Association (MAA) has confirmed that the earlier announced plan by the (previous) government to revise existing Open Market Value (OMV) calculations for new cars, which could raise new car prices by up to 20 percent, has been shelved for good.Car buyers, dealers and manufacturers can now take a breather, as there won’t be any increase in new car prices for 2021, apart from re-instatement of 10 percent Sales tax starting 1-Jan 2021, which has always been the plan anyway

Hans

Hans

Dec 28, 2020

Ringgit forecasted to weaken further in 2020, higher car prices ahead?

2019 hasn’t been a good year for the Malaysian Ringgit as it is now among the poorest performing currencies in the Asian region. The Ringgit is currently trading at around RM4.15 to 1 US Dollar. Five years ago, it was trading around RM 3.20 for most of 2014, before depreciating rapidly towards the end of 2015, and it has never recovered since.Forecasts by Fitch Solutions Macro Research group say that the Ringgit is expected to weaken further to RM4.25 to 1 US Dollar in 2020, before rebound

Hans

Hans

Dec 20, 2019

5 car tips that will help you score that second date with the girls

Despite the call for gender equality across the world, we really should not leave the word ‘chivalry’ behind. Believe me when I say that while women are perfectly fine with paying for their meals, we do appreciate the hint of chivalry on the guy’s part. So, if you’re looking to ask the girl you like on a second date, here are 5 tips for all the car-loving guys out there.Always gauge her comfort level in the carOne of the most important things on a date is to make sure the

Jerrica

Jerrica

Mar 7, 2021

All-new 2020 Hyundai Sonata previewed in Malaysia, first right-hand drive market?

After being absent from the Malaysian market for about two years, Hyundai's D-segment model is set to return to Malaysia as Hyundai-Sime Darby Motors (HSDM) has just previewed the all-new 2020 Hyundai Sonata in Malaysia.This isn’t the first time that we’ve been up close and personal with the all-new Hyundai Sonata, as we’ve seen the car before at Hyundai Motor Company’s (HMC) regional training centre. It’s worth mentioning that the unit we first saw wa

Eric

Eric

Oct 3, 2020

No 10% drop in car prices despite 10% Sales Tax exemption, here’s why

As you already know, the government has announced that all new locally-assembled (CKD) passenger cars will be exempted from paying the 10 percent sales tax starting 15-June until 31-December. Imported new cars will be given a 50 percent discount on sales tax, meaning that sales tax is still applicable, but at a lower 5 percent rate.However, this doesn’t mean that the prices of new CKD cars will drop by 10 percent.Most cars only saw a reduction of between 3 to 6 percent. Why is that so?The

Hans

Hans

Jun 17, 2020

BMW Z4, prices confirmed for Malaysia, RM 479,800

Following its earlier preview, BMW Malaysia has now confirmed that the Z4 is now available for purchase at all BMW dealerships nationwide, with a starting price of RM 479,800. That’s slightly higher than the previous estimated price of RM 456,800.Available in just a one sDrive30i variant, the 2.0-litre turbocharged inline four-cylinder engine Z4 produces 258 hp/400 Nm. Drive is sent to the rear wheels via an 8-speed torque converter automatic transmission. The chassis comes with M Sport Su

Robert

Robert

Jul 23, 2019

Carsome's new used-car buying process has a 5-day money-back guarantee

Carsome introduces a new process that will change the second-hand car buying procedure entirely. The new process will not only make second-hand car buying simpler but also offer car buyers a peace of mind.The process is known as the New Way of Buying Cars, it is a whole new digitalised process that offers a one-year warranty, a Carsome Certified car, and a five-day money back guarantee under the Carsome Promise package.It is specifically designed to give car-buyers a peace of mind as not only wi

Jerrica

Jerrica

Aug 25, 2020

Used Honda CR-Z for RM 43k: Is it safe to buy the sport hybrid second-hand?

The Honda CR-Z needs no introduction. The sporty hybrid was an instant hit when it was first introduced to the world as the spiritual successor of the Honda CR-X. Though it was well-favoured by car lovers Honda decided to discontinue the car worldwide so you can only find the sport hybrid coupe on sale in the used car market. For RM 43,000, should you invest in the CR-Z?Common issuesWell, this is a Honda after all, even though it is a hybrid it still bears the same bullet-proof reliability that

Jerrica

Jerrica

Jan 22, 2021

LGE denies car prices going up, but also said changes (if any) will be gradual – wait…what?

More than a week after The Star reported that prices of locally-assembled cars will be going up, Minister of Finance Lim Guan Eng have finally gave a reply on the matter, but unfortunately it only served to confuse more than inform.Speaking at yesterday's press conference of the Budget 2020: Government Guarantee Schemes for SMEs, Lim was asked by reporters from the mainstream media (no automotive media were present, as it was a non-automotive related event) to comment on the matter, Lim aske

Hans

Hans

Jan 22, 2020

Perodua: We were not consulted on excise duty change, still studying impact of increase in car prices

Perodua has confirmed that the Malaysian government has revised the excise duty structure for cars in Malaysia, but added that the impact for Perodua will likely be minimal and the company will try its best to not pass any additional cost to buyers.Speaking at a press conference earlier today, President and CEO Datuk Zainal Abidin Ahmad said, “For Perodua, we have been following all the requirements given by the government, as far as declaration is concerned. At the moment, we are still ev

Hans

Hans

Jan 21, 2020

Toyota Alphard – MPV mewah serendah RM 40k, baloi untuk angkat ‘second hand’?

Sekali pandang, Toyota Alphard dan Vellfire nampak seperti sebuah kotak besar yang mempunyai tayar. Hakikatnya, MPV mewah ini cukup laris dalam kalangan kereta terpakai dan recond.Perkara ini jelas di laman jualan kereta dimana terdapat pelbagai unit Alphard dan Vellfire yang dijual beli.MPV sebesar ini menjadi begitu laris kerana faktor ruang yang diberi dan kemudahan keluar masuk dimana ia sukar untuk ditandingi sama sekali. Kemudahan ini dibantu oleh pintu gelangsar yang membolehkan anda kelu

Faisal

Faisal

Nov 12, 2020

Used Perodua Myvi: What do you need to know before buying Malaysia’s favourite car?

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.First generation Perodua Myvi interiorIt 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 packa

Jerrica

Jerrica

Oct 17, 2020

New car prices are going up not just in Malaysia, but also in the US, why so?

You are not the only one who think that cars are getting a little bit too expensive. Malaysians have long complained about high car prices due to our lopsided tax structure but actually, this is a question asked by consumers from all over the world.Data from USA’s Edmunds.com show that the average transaction price for a new car has gone up from USD 23,900 in year 2008 to almost USD 39,000 in 2019, the last available pre-pandemic level data.This flies against conventional logic. You would

Hans

Hans

Jan 20, 2021

Scored a used child car seat? Have you checked the expiry date?

With the Road and Transport Department (JPJ) waiting for the official green light to start issuing fines for not using a child car seat, many parents are rushing to purchase a seat to avoid needing to pay the expensive fine. But unfortunately, many are looking to second-hand child seats or hand-me-downs from friends and families. Did you know that these child car seats have an expiry date?Yes, all child car seats have an expiry date or shelf life as we call it. There are many factors contributin

Jerrica

Jerrica

Aug 8, 2020

Right-hand drive Mazda 3 Turbo possible, if enthusiasts pay up

Mazda currently sells an all-wheel drive 253 PS / 434 Nm turbocharged variant of the Mazda 3 hatchback in USA, Canada, and Mexico. The Mazda 3 Turbo a successor to the Mazda 3 MPS in all but name.Unfortunately for the rest of the world, this model is only available in North America. Even fans in Mazda’s home market in Japan don’t get this option.The reason? Poor demand and strict exhaust emission regulations.In the right-hand drive sphere of the motoring world, Mazda Australia, which

Hans

Hans

Apr 12, 2021

Carsome and CIMB partner up to create new financing solution for used car dealers

Carsome, an online used car trading platform, has announced a special partnership with CIMB Bank Berhad (CIMB). The partnership will see a new inventory financing solution developed specifically to make acquiring second-hand cars by used car dealers easier and faster.The new solution is the first of its kind co-developed by a bank and a used car trading platform. It is expected to help drive inventory volume for dealers and subsequently increasing market demand within the used car indu

Jerrica

Jerrica

Jul 21, 2020

Right-hand drive Proton X50 leaked? Not really..

Images purporting to be a right-hand drive unit of the upcoming Proton X50 have surfaced on social media sites, but are they real?This photo has been circulating on social mediaWell, a closer look reveals that these images are actually flipped, as not only are the buttons positioned wrongly, some of the text are also unreadable. Just see the Trip button.Almost had us. AlmostIf that does not convince you, take a look at the gear lever – the P, R, N, D are all inverted. Heck, the Parking but

Eric

Eric

Jun 23, 2020

Car owners can't afford to sell their cars due to outstanding car loan balance

It turns out that it wasn’t just used car sales that saw an increase throughout the past few months, used car dealers in Johor Bahru are reporting an increase in car owners trying to sell their vehicles after the Movement Control Order (MCO) ended in June.One second-hand car shop manager Chang Keng Keong told The Star that there has been a 30 percent increase in the number of people who came to his shop enquiring for information about the disposal of their cars.This was especially apparent

Jerrica

Jerrica

Nov 25, 2020

Global shortage of semiconductor chips for cars will drive prices up

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 sho

Hans

Hans

Jan 26, 2021

BMW 3 Series E46 – kini serendah RM13k, baloi angkat ‘second hand’?

Pada tempoh hari, kami berkongsikan tentang sejarah BMW 3 Series E46. Menariknya, ramai yang masih berminat untuk memilikinya. Dengan usia kini yang melebihi 15 tahun, mungkin ini masa yang sesuai untuk anda dapatkan.Mengimbau kembali ke dalam arena automotif, BMW E46 adalah 3 Series pertama yang menggunakan rekaan yang berlekuk dimana ia memberikan imej yang sangat moden. Malah sehingga kini, ia masih kelihatan cukup bergaya.Antara faktor lain yang menjadikannya kegilaan ramai ialah maklum bala

Faisal

Faisal

Dec 1, 2020