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 2012 Hyundai Elantra, Hello Impossible!

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MeToo
post Jan 4 2012, 06:59 PM

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Suree Elantra migth be an awesome car... infact I'm very impressed with Hyuundai quality so far after clocking over 150,000km on mine.

However... a Toyota that cost about 15k more then my hyundai when i bougth it new... now... 2nd hand value is worth 30k more then my car. So I lost quite abit...

I dont forsee this changing since Malaysian mindset is still T&H = Godly

This is REALLY making reconsider getting another Hyundai cause I'm not goign to hug and drive that car for 20 years... and I dont like losing 15~20k when I wanna trade in my car in the next 4~5 years..
MeToo
post Jan 4 2012, 07:30 PM

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QUOTE(squareballs @ Jan 4 2012, 07:07 PM)
I think proton second handvalue higher than koreans..
If u like thecar.. just buy it.. fark the resale value..
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Heh.. I also like Evo X.. should I just fark the price/bank loan and just buy it?

Maybe it's just me... but I dont liek throwing away hard earned cash biggrin.gif
MeToo
post Jan 5 2012, 10:47 AM

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QUOTE(cybermaster98 @ Jan 5 2012, 09:21 AM)
Why do ppl keep slamming the so called 'Malaysian Mindset'? Ask yourselves this: HOW WAS THIS MINDSET CREATED IN THE FIRST PLACE?

» Click to show Spoiler - click again to hide... «
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Sorry tldr

But talk is cheap, action speaks louder then words. I had never bought a T or H car in my life so far. Have you?
MeToo
post Jan 5 2012, 12:00 PM

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QUOTE(turbocharged @ Jan 5 2012, 11:57 AM)
see, even you(who has both civic and forte)  cannot accept 110k for 1.8 elantra.

but how come many ppl can accept 120k for 1.8 civic?(yours should be 115k when you bought)

can you share why do you think elantra cannot be 10k cheaper? must be much much more cheaper?

can you give a review on the handling of both civic and fote?
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Cause u pay 10k more for Civic but your resale value is 30k more then Korean cars. Overall gain 20k.

So you need Korean cars to be EVEN cheaper to make up for the 2nd hand value loss whistling.gif
MeToo
post Jan 5 2012, 12:06 PM

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QUOTE(cybermaster98 @ Jan 5 2012, 12:03 PM)
Resale values are determined by demand which is always a reflection of original sales. Its not just the Civic which has good resale values. Take a look at the Toyota Vios. A 2003 model (1st gen) Vios 1.5E sells for about 40K now. Thats a depreciation of only 46% over 8 yrs which roughly works out to be 5.75% per year. Why? Because of demand plus original sales are the best among the non national cars.
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While a Hyundai Accent 1.5 2004 is what? 17k RM? So... Hyundai cars have to be 20k+ lower then Toyota before its value for money laugh.gif
MeToo
post Jan 5 2012, 12:13 PM

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QUOTE(cybermaster98 @ Jan 5 2012, 12:11 PM)
Do u know anything bout taxation on motor vehicles in Malaysia? People dont THINK cars here are expensive. They ARE expensive. Resale value is more important here because of the initial high prices ure paying for cars.

A new BMW 328i costs only US$40K in America. (Dont do a currency exchange as u are not a tourist). So with such low prices would anybody bother about resale value? Surely not. But we can't say the same about Malaysia can we? Our cars cost approx 6X more than many other countries.
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Even with currency exchange I'll gladly pay RM120k today for a BM328i new car tongue.gif
MeToo
post Jan 5 2012, 12:36 PM

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QUOTE(jai2005 @ Jan 5 2012, 12:16 PM)
totally agreed with ur bro, or else get Forte.
I also think same thing during place the elantra's booking. dont want to show a demand. But at the end book jugak lah rclxms.gif
Lets make simple calculation
US40k = 120k
after 5 years you lost 120k. Not including expensive insurance.
malaysia you bought it let say 280k
after 5 years you can sell it at least 140k
you lost 140k  hmm.gif
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1) I didnt know US scrap their car to zero value after 5 years.
2) Fresh grad with their 3K USD/mth salary can afford a BMW328i, your KL fresh grad can?
MeToo
post Jan 5 2012, 02:20 PM

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QUOTE(gregy @ Jan 5 2012, 02:10 PM)
Well, look on the bright side. At least you don't have to pay SGD105k to drive an Elantra in SG smile.gif

The average Joe Singapore earns around 2-4k per month, just like your average Joe Malaysia.
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Bad comparison. COE is at a VERY high point now. COE is also a FIXED cost, unlike car tax here, hence high end cars in SG is more competitivelky priced then Msia. Oh and Singapore you dont NEED a car, their public transport is such that owning a car is a luxury and not a necessity. Can u say the same about Msia?


Also dollar for dollar cost of living in SG is lower then Msia, even their Kopi O is cheaper then what I paid for in KL without conversion.

QUOTE(turbocharged @ Jan 5 2012, 01:59 PM)
oh, if you post this statement in forte thread, forte owner will be  rclxm9.gif  rclxm9.gif

biggrin.gif and civic owner gonna be  vmad.gif  mad.gif
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That's the problem with asking for comment in F&F. All the fan bois (who probably have never owned any other car in their life) will come and die die defend their current ride.
MeToo
post Jan 5 2012, 02:54 PM

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QUOTE(khusyairi @ Jan 5 2012, 02:29 PM)
If we didnt do any conversion. It still not cheap to own a car in USA, Australia, Japan or Singapore.
Unlike Malaysia; most of the time cost of the car, itself is cheap.
However their govt impose regulation that make cost of ownership is high.
For example COE, high insurance, compulsory car park fee, compulsory inspection yearly (twice yearly in Japan), high interest, GST etc.
Somemore, in USA; the cost of gasoline is high & they use lower RON than us here in Malaysia. RON95 & 97 consider premium there.
Not to mention money to money (wtout conversion), cost of toll & parking still high in those country.
Since new car price is low; customer tend to buy brand new car, resale value of 2nd hand car also very very low. Sometimes, almost no value.

Actually they are many thing to say when U had live or study/work in those country.
Bak pepatah.
Hujan Batu di Negeri Sendiri, Hujan Emas di Negeri Orang.
Namun lebih baik di Negeri Sendiri.

There are a lot hidden cost of ownership in those countries.
that's why cheap car & low maintenance car from japanese & korean more are appeling to customer.
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I've live in a few other country and I have to humbly disagree with your calculation on affordability of cars. As for Lebih Baik di Negeri Sendiri"... well... I would agree with u if the country treat me as its citizen... right now seems our southern neighbour is making me feel more welcome then my own "negeri Sendiri"... But I digress...


MeToo
post Jan 5 2012, 03:10 PM

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QUOTE(jai2005 @ Jan 5 2012, 03:01 PM)
ok at least Elantra price is EQUAL to all malaysian.
Come on SD, give us a good news  brows.gif
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What? Same price meh... no 7% discoutn to special category? Like that I dun wan buy le!
MeToo
post Jan 5 2012, 03:12 PM

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QUOTE(turbocharged @ Jan 5 2012, 03:12 PM)
test drive show room car want a? biggrin.gif
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Free test drive I sure go geh.... cheapskate ma
MeToo
post Jan 5 2012, 03:33 PM

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QUOTE(dvinez @ Jan 5 2012, 03:18 PM)
anyway for those who are so concerned about the resale value, i have a piece of advice, dont buy if you are so worried about the value.
if u stretched yourself to 9 yrs loan, you cant talk about resell value, probably a lol.
if you have enough bullet to change car in 2 years, you dont care about those, you only buy what you like.korean car are cheaper but it come with more tech and gadget inside which will cost you quite a lot if you are going to install it outside.
tiny difference of resale value doesn't matter to me because I am already using those "overall gain 10k-20k" the first day when i bought my car cheaper 10k-20k.
a japanese badge sure cost a lot  notworthy.gif
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Bro... just because I have extra 20k in my pocket.. does that mean I have to take it out, go to the river, and throw it in? U think those rich people get rich by spending as they like without proper planing/judgement?

Anyway, buy whatever u like mate, I have korean, jap, local cars... u dont see me rushing to defend hyundai's pricing policy just because I own one.
MeToo
post Jan 5 2012, 03:43 PM

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QUOTE(gregy @ Jan 5 2012, 03:39 PM)
SGD1 > RM1, dollar to dollar, SGD100,000 > RM100,000, dollar to dollar too, yes?
No. Wrong.

Dollar to dollar... 100k SGD = 100k RM

That's the whole definition of "Dollar to Dollar".

Why are you converting?! Unless you are working in singapore and while your colleague is getting paid SGD4000, you are getting paid RM4000, then you convert.

Oh and the nice bit about COE is... your car can actually APPRECIATE in value due to the COE.... last 2 years COE went from 20k to 60k+? So your car actually appreciated in value DUE to the COE.

This post has been edited by MeToo: Jan 5 2012, 03:44 PM
MeToo
post Jan 5 2012, 05:41 PM

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QUOTE(gregy @ Jan 5 2012, 05:38 PM)
Are you for real? Dollar to dollar means we don't convert. But it doesn't mean equal purchasing power. SG's purchasing power is higher than Msia as we both agree. Hence, you can do a lot more with SGD100,000 than you can with RM100,000, WITHOUT CONVERTING JACK. So someone paying SGD100,000 for an Elantra means he is paying more than someone in Msia paying RM100,000. Get it?  doh.gif
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O RLY?!

And you arrive at that conclusion based on dollar to dollar calculation and what benchmark again?
MeToo
post Jan 5 2012, 06:00 PM

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QUOTE(gregy @ Jan 5 2012, 05:51 PM)
You said it yourself, sunnyboy. A kopi-o in SG costs less than in Msia, without conversion. And I do know a McValue meal costs around SGD5-7, among other things. And here:

http://www.xpatxperience.com/makinghome/si...of_living.shtml

http://www.livinginsingapore.org/costofliving  

http://www.contactsingapore.sg/interactive...ing_calculator/
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Oh ya man! U are so right! Price of car in Singapore is indeed more expensive then Malaysia without converting!

S500L = SGD479,888
S500L = RM1,000,000

Damn.. I must have missed a zero somewhere.... whistling.gif

This post has been edited by MeToo: Jan 5 2012, 06:05 PM
MeToo
post Jan 5 2012, 06:12 PM

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QUOTE(gregy @ Jan 5 2012, 06:05 PM)
Now you're being silly, sunnyboy. I was talking about the Elantra all along. I don't care and have never started talking about ALL CARS in SG. Yes, luxury autos are relatively cheap to own in SG, but you must be able to reach that level to talk about it. And based on your understanding on things, I don't think you're there yet. This is an Elantra thread, unnerstan?
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Oh backtracking now are we? If you bother to read, you woudl have seen I mentioned COE is a FIXED cost, compared to the variable cost that is the lovely Malaysian car TAX. Sorry if you only look at ONE SINGLE car, the elantra, to form your opinion, unfortunately not everyone is liek you limited to that lovely car.

Also, I do appreciate how you bring up whether who can afford better car etc... cause this is the trend in F&F, when someone lose an argument based on fact, they will revert to "My car is more expensive then yours, my engine bigger then yours, I'm richer then you" and I can tell u if you compare that way, you will lose big time... many here will attest to that smile.gif

But, no worries, you go on living with your own beliefs its your life anyway! I'm not going to join you in this paralympic.

Cheers! biggrin.gif

ps : You can refute this and have the last word if it makes u feel better. I'm ok with it nod.gif

This post has been edited by MeToo: Jan 5 2012, 06:22 PM
MeToo
post Jan 5 2012, 06:39 PM

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QUOTE(gregy @ Jan 5 2012, 06:36 PM)
Go back a few pages and read your own comments. I started out by saying an Elantra costs about SGD105,000 so the poster that I was replying to wouldn't feel that above RM100k was too much, i.e., in comparison, we are not the only country with high car prices.

Then you waltz in with your stupid retort saying COE this that and the other, how it was fixed la and all that BS. So what if it was fixed? Will it change the fact that someone who wants to buy a brand new Elantra in SG would have to pay SGD105k? COE is money you that have to pay anyhow. Btw how is COE fixed? It floats on an open bidding market. Msian tax rates are fixed and tiered, relative to the book price of the car.

Then you, pea brain, stupidly had to go and say that a cup of black Joe in SG is cheaper than in Msia, without conversion. Great, shoot yourself in the foot. I merely took the opportunity to use that shot foot of yours to reiterate relative purchasing power between these two countries to conclude that at current prices, all in, we will get the Elantra with less money than in SG.

So why bring in luxury car prices? So out of context. Say la paralympic next time, if I had known you were an OKU I would have spared you. Or perhaps you're just an Otak Kepala Udang who can't debate with proper facts but with mere conjecture.
P.S.- I challenge you NOT to reply as you've said. LOL...
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Sorry tldr

But.. congratulation.. you won the paralympic rclxms.gif
MeToo
post Jan 6 2012, 02:07 PM

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QUOTE(khusyairi @ Jan 6 2012, 08:33 AM)
When U dont like what others say in this forum, U just undervalue their opinion & say they won paralympic.
But true truth is U are not really understand about ur post especially about COE and Singapore policy.
COE is not fixed as it's an open tender and more variable compare to Malaysian tax.
Generally their car price higher than Malaysia except for luxury car bcoz any car above 1.6cc can apply for COE category B or open.
Mean that Elantra 1.8cc or Forte 2.0cc will get same COE like Merz S500L or a Ferrari. However still most Singaporean buy normal like us such as Civic, Altis, Vios, Accord etc rather than buy luxury car.
That's why also Hyundai Singapore decided not to bring 1.8cc Elantra coz it will sell around SD 130K-150K which will be too high based on current COE.
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Actually.. if you bother to read abit then you would know your assumption that I do not know how COE works is wrong.

BTW the new LYN Beta function on people "replying" to me is awesome.

Back on thread, i'll conveniently quote it for u

QUOTE(MeToo @ Jan 5 2012, 03:43 PM)
No. Wrong.

Dollar to dollar... 100k SGD = 100k RM

That's the whole definition of "Dollar to Dollar".

Why are you converting?! Unless you are working in singapore and while your colleague is getting paid SGD4000, you are getting paid RM4000, then you convert.

Oh and the nice bit about COE is... your car can actually APPRECIATE in value due to the COE.... last 2 years COE went from 20k to 60k+? So your car actually appreciated in value DUE to the COE.
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MeToo
post Jan 6 2012, 06:30 PM

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QUOTE(khusyairi @ Jan 6 2012, 02:31 PM)
COE also less than SD 10K few yrs ago (b4 2008).
Do U think my family can sell our 2nd hand car much higher than we buy as our car appreciate as U said?
No my friend. Car still depreciate no matter what.

PS: Most of my family live in Johore and singapore for generations.
I dont think Singapore's car policy much better than Msia. It still pricey.
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Takign things abit OT here :
It depends on your target market, if you are buying cars like Evo X, Subaru's etc, its so much cheaper in Singapore its not even funny. But if you are buying a regular 1.8 sedan, then depending on the current COE price, u might or migth not be able to afford the car. You also have the option to try your luck and bid SGD1 for the COE every year, u might get lucky.

As for car appreciating... it happened to a friend who bought his Legacy GT aroudn 2 years back.

That being said, if you are really cash strapped, go renew it for 5 yrs and then scrap it lor. I did that for one of my bike (but I managed to sell it to some Msian who is riding aroudn without insurance....)

ps : If you live/work in both Msia/Singapore you will know car is much more affordable in Singapore. if I get paid 15k per month in RM here.. if I go down to SG I will get the same 15k but in SGD! Case in point.. a fellow trader is driving a new Z4 in SG.. she bought it for around SGD240k, i get paid around the same but since I'm in Msia.. no way in hell I can afford the RM550k price tag sweat.gif

This post has been edited by MeToo: Jan 6 2012, 06:38 PM
MeToo
post Jan 6 2012, 08:40 PM

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QUOTE(LLH @ Jan 6 2012, 08:08 PM)
Just a thought, why must car prices here be compared to SG's? Why not compared to Thailand's
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YOu much rather Msia develop into SG standard or Thailand standard?

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