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 Car price reduction, what can we expect?

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TSsudha
post May 7 2013, 01:50 PM, updated 13y ago

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Hello folks smile.gif

Pretty interesting days are ahead for all of us car owners and buyers. *Please, lets have a civil discussion. no rants and govt bashing replies. Thank you in advance.

Prior to elections, both Barisan and Pakatan pushed their manifesto of cheaper cars to the people. While BN took a more gradual approach PR had more drastic and immediate approach to the topic.

But now, the new government has been formed and we can definitely look forward to something. Paul Tan wrote an interesting article on car price reductions - pretty interesting look at how car pricing are structured, expecially for CKDs and how the taxes come into play. Read it here - http://paultan.org/2013/05/05/ge13-poll-da...-cars/#comments

After reading this, my thoughts would be the govt might start by reducing some of the taxes (excise or sales) and maybe push the brands to reduce their price as well. Even with a 20% reduction, it may make a lot of difference for some of us. I guess we will have to wait until Budget 2014 in the next 5 months to see what direction the govt will take.

I am also keen to see reduction in intra-city tolls - I dont know where and when this would be effected but in some serious hotspots like the LDP coming out of Puchong could use some toll reduction.

I sure would like to hear your thoughts especially some members here from and those who keep a close watch on the auto industry.

Cheers!




TSsudha
post May 7 2013, 02:03 PM

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LOL.

But I am still optimistic. I know for a fact that fuel price will not go down as the govt is trying to reduce subsidies.

Their gradual reduction seems like a well thought out plan. what remains to be seen is what klind of price reduction can we expect smile.gif



 

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