I would not hold my breath, but gradual reduction is the right way to do, not drastic drop.
Car price reduction, what can we expect?
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 May 7 2013, 02:44 PM
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May 8 2013, 05:08 PM
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QUOTE(stix @ May 8 2013, 04:52 PM) ... I agree with this! Can lower the car prices a bit but make it more difficult to get huge loans for such very long periods! Make the laon periods much shorter (say max 5yrs) and the minimum initial cash payment higher (say 35-50%), not like 5-10% only like now.As for traffic jams, why is it so hard to comprehend by some people. Lower down the car prices and at the same time, cap the maximum amount of years that you can extend on your car loan. If you can afford to get a Myvi within 5 years, perhaps you'll be able to get a civic maybe(?) when taxes are removed. If one dreams of extending their loan to 9 years and finally being able to get their dream mercedes, i'd say  . With this implemented, people can buy better cars at current current prices and not having the flexibility to splurge on 2 or 3 extra cars. |
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May 11 2013, 12:44 AM
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QUOTE(stix @ May 10 2013, 12:34 PM) Clearly you don't know the living cost in Aussie. The after service? You think it will be the usual RM200 service that you have here? And also insurance, it costs the bomb over there especially for guys at certain age bracket and for more powerful cars. |
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