QUOTE(cybermaster98 @ Mar 26 2013, 08:06 AM)
Yeah at first i was a bit disappointed that the K5 was priced at 143,888 (OTR). But after really giving it some thought, i realised that its actually reasonable for what's on offer. Yes the K5 still lacks in refinement and handling, but can u really expect so much when ure only paying RM 143K? I paid only approx RM 105K after trading in my Vios. Imagine that.
But yes, as you mentioned, car prices seem to be experiencing an uptrend in all segments. Much like property in some ways but unlike property, its a loss right from Day 1. And ull see that many of the ppl opting for cars are actually spending above their means. Many financial experts would tell you that your car monthly installments should generally not be more than 20% of your take home salary (give and take depending on your NAV). Yet we still have many ppl (especially younger professionals) who end up spending like 40-50% of their take home salary on their car loans. And quite a number of these ppl dont even have proper medical insurance or even their own property.
And you see car manufacturers and dealers capitalising on this. Like you clearly mentioned, the Gov has a big hand to play in these pricing and for some selfish reason, the Gov seems content on increasing car prices merely to allow P1 & P2 to continue to increase profits.
Its about time the Malaysian public starts to shun over-priced cars. Its already begun in the property market. The new launches are being snapped up (mostly by unsuspecting buyers) but the investors in the subsale market are becoming more selective and refusing to pay for overpriced properties.
The power lies in the hands of the consumer and we Malaysians needs to understand that. Till then, we'll continue to see rising prices everywhere.
i tot u say u can corner hard in K5 and the 18-inch wheel gives it good handling?But yes, as you mentioned, car prices seem to be experiencing an uptrend in all segments. Much like property in some ways but unlike property, its a loss right from Day 1. And ull see that many of the ppl opting for cars are actually spending above their means. Many financial experts would tell you that your car monthly installments should generally not be more than 20% of your take home salary (give and take depending on your NAV). Yet we still have many ppl (especially younger professionals) who end up spending like 40-50% of their take home salary on their car loans. And quite a number of these ppl dont even have proper medical insurance or even their own property.
And you see car manufacturers and dealers capitalising on this. Like you clearly mentioned, the Gov has a big hand to play in these pricing and for some selfish reason, the Gov seems content on increasing car prices merely to allow P1 & P2 to continue to increase profits.
Its about time the Malaysian public starts to shun over-priced cars. Its already begun in the property market. The new launches are being snapped up (mostly by unsuspecting buyers) but the investors in the subsale market are becoming more selective and refusing to pay for overpriced properties.
The power lies in the hands of the consumer and we Malaysians needs to understand that. Till then, we'll continue to see rising prices everywhere.
aiks....
Mar 26 2013, 10:23 PM

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