Reduced taxes = cheaper car prices?

Can some one explain why the Prius costs RM140k here?

no.
car prices been reduced in 2006 or 2007.
but not significant enough.
this is a fact.

pakatan version of reducing car prices hinged on reducing the tax.well, we can understand that, but they havent explain how they would replace the lost revenue. mind u running a nation isnt like minding ur piggy bank. i need to know how they would replace that. but then since they lost i guess no one will know. BN version of reducing car prices based on the talk they will be having with dealers/ manufacturers, asking them to reduce the selling price.

BN version is pretty much not clear and in ideal world, not quite cut the mustard. because u cant interfere with business people and if u do so then business people will run away. of course every tom d*** and harry knows business people like big profit margin. since 2006 tax reduction, after momentary dip, the prices been going up.

Forgot to mention that the current RM pegged value now is the best. If too low, like after first economic crisis, normal people can't afford stuff. If too high people will not buy Malaysian stuff on the international market.

Also, this malay proverb is very true. "Bukan senang nak hidup senang".

I see this BBC documentary. Chinese citizens don't like taking loans to buy car/house. <5% of the population take loans. The BBC documentary followed this farmer, wanting to buy a car. Saved money for more than 10 years to buy a car. When the documentary followed this family, they were 3 months reaching their goal to buy car outright. If you buy a car/house with loan, the first few years of the ownership is used to pay loan. You take loan at RM90k for RM 75k car for 9 years. The first 5 years is used to payback the loan difference of RM15k. So you happily pay that RM700 not knowing that the car is not at all yours. Same with property. Let's say that within 9 years you get better salary, then want to pay off full amount hutang to bank. Bank will allow you to do so, but will have penalty. This penalty is because they no longer can get that RM700 from you monthly.

So if possible don't take loan, buy outright. You will be richer in the process.

Wow. And I thought my postings were long.

As for traffic jams... As long as there are not more people there to drive the cars there won't be more traffic jams, only newer cars as old cars are finally scrapped (some really need to be removed from the roads...).

Taxes only need to go down for sensible cars. You want luxury, fun etc. please pay for it. No need to make a big BMW cheaper. Even powerful versions of a car (say B segment over 100 HP) should be taxed higher.

One problem right now in Malaysia is the crappy cars in awful condition on our roads.

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.

Iskandar is a disaster for locals. Before Iskandar, Singaporeans already buying up houses at JB so price goes up. Locals cannot buy houses down south. Iskandar only accelerates the problem. Aside from houses, food also goes up in that area. Friends in JB say SG is taking over JB. Their money is big. So over here they can live like millionaires, drive on PLUS highway at 180km and get cheaper fuel as well.

That is why I do not agree with Najib and what he is doing. He is trying to Londonise KL with that Tun Razak commercial centre thing, also trying to Monaco Johor with Iskandar.

GST takes from everyone, but the poor will feel the most. Actually, the rich pay less than the poor for their food. People who are rich can afford bulk. If rich and in management sector, you will be invited to dinner, kenduri here there, rasmi this and that. Also get saguhati while doing it. If don't like that saguhati, wrap it up, give it as wedding gift to someone else.

I hate GST. Hated it when it was 17.5% and hate it even more when it is 20% (in UK). 2 years ago, just before the VAT goes from 17.5 to 20% beginning 2012, the Christmas sale was "Beat the VAT". So that time you see people make huge purchases to beat it like household items to get it cheaper. Used to it, yes-nothing you can do.

Haizz, went to Sydney for holiday and saw cars there really damn cheap

Toyota Camry cost AUD 30k

Honda Civic  AUD 21k

Come back see malaysia price really want to cry 

Need to be high earner then only can buy a AUD 30k Camry? 

Work as part time waiter there also earns AUD 15 per hour. 

Do you see any waiter in Malaysia driving a Camry?

just for share

http://ielanguages.com/blog/cost-of-living-in-australia/