2016 round-up of used carsSo 2016 is going to end soon so all those yummy 2006 cars are going to be CASH PURCHASE ONLY.
So what are the good stuff to grab now before it is too late?
E.g. you see a car worth RM35k now it isn't very expensive but take note that even when it rolls over to 2017 it isn't going to drop in price alot because it is a year older and people cannot loan it anymore, even at RM30k would be out of reach for most people and a personal loan is going to be expensive so better grab it now with a cheaper car loan before the year ends.
A-Segment2006 Smart ForTwo @ RM35k - if you're reading this first you'll be shocked to find out that this car isn't the cheapest of the lot eventhough everything in this review is 2006 make/made. This has to do with the badge, it is afterall a Mercedes so of course there would be prestige attached to that which bumps up the price a little bit. There is still demand for this car because some parents wanna buy a small car for their kids but don't wanna buy a death trap like a kancil so they opt for cars like this which are small and compact which is easier for newbie drivers yet safe like a C-Class (almost).
B-Segment2006 Fiat Punto 1.4 @ RM34k - you don't really hear people driving around in this model anymore or even this brand much in Malaysia, yeah? The brand has pretty much died here and getting a car like this can be said to be something special and slightly rare. Rare enough for parts to be not so easy to get (outside of normal maintenance) but not rare enough to gain lots of street cred.
2006 Toyota Yaris 1.5 - so finally something for the cheapsters, basically it is a hatchback version of the Vios so if you don't get into a serious accident that requires front/back body parts then you're good to go in terms of maintenance, it is same as a Vios. Even if a motorbike bang your door, you can fit a Vios door onto it.
Hot hatch2006 Alfa Romeo 147 2.0 @ RM27k - it is quite common knowledge that Alfa's are beautiful and powerful but require alot of TLC from their owners, much like dating that smoking hot air stewardess whom is a mess when she isn't on duty. Unless you're familiar with the car and know it's temperament just driving to the nearest workshop to get things fixed is going to be costly, there are things that you should just leave alone and it won't cause harm, there are things that can be resolved with some DIY, then there are somethings which are must replace you've gotta replace it and don't think "mehhh can wait lah". So getting it with a car loan then spreading the repayments far enough so it isn't a burden so you've got cash flow to do up a fixer upper.
2006 Chevy Optra5 1.8 @ RM16k - i'm guessing RM16k is still doable for cash buy but why do that when you can have better cash flow by doing up a loan even for shorter 3-5 years instead of 9 years. Technically, if you save RM1k you'd need 16 months to buy this car but with a car loan you can get it today. Whatever the bank offers take it then pump in RM1k every month for 10 months then by year end with your bonus ask the bank for a settlement discount, it should be more than RM16k price you paid in total but at least you don't have to suffer one shot paying RM16k, right? So this is car any good? Well for this price/age range imho this is a very sexy car, Korean tech and engines back then weren't great so don't expect powerful engine or great fuel economy but at least maintenance wise you'll be better off than owning a 147 but still higher than if you've chosen an Altis.
2006 BMW 120i @ RM36k - if you think an Alfa is pushing you too much into the deep end then this would be a better option. It shares almost all the underpinnings and body with the regular 3-series yet it comes in a sportier looking hatchback form. This is a good/bad thing. If you like the sporty hatchback looks with some M-power bodykits it should look great but usually 1-series lose out to 3-series in terms of prestige so although maintenance wise you're paying the same a 3-series owner you don't get that prestige of driving one -- you know that boss look. Interior is also equally match in size.
C-segment2006 Mitsubishi GLX 1.6 @ RM25k - last chance to get the Lancer which you can add bodykits up to look like an evo. Sales for this model wasn't too good thus it is quite rare but the parts need to maintain it are common enough either from Proton/Mitsubishi plus it was a popular car overseas so getting compatible/oem parts from stockist isn't an issue either. This is a good car and if you kit it up nicely (not too ah beng) to Evo looks you might make a few people believe you, Inspira-Evo is too common and cheap, if you want an auto car which is cheap to maintain but maybe can look sporty with bodykit this would be it.
2006 Ford Focus Sedan/Hatch 2.0 @ RM23k - either in hatch or sedan form you'll get food value from buying a Focus. Although it is quite crude for conti standards it is still head and shoulders above it's Japanese/Korean rivals in terms of technology, looks and performance. Only issue is the maintenance isn't always going to be cheap, expect on average 20-30% more expensive parts compared to say an Altis/Civic/Sentra but would be around the price you'd pay for a Mazda3.
Wagon or estate2006 Peugeot 407 Evente 2.0 @ RM20k - the sedan and wagon are about the same price but I'll talk about this one since I've always loved how beautiful this car is, again don't talk maintenance as it has many merits if you take that out of the consideration. It is stunning, was one of the first cars in Malaysia to have such a glass roof, performance isn't too shabby either for a wagon. Parts wise you're pretty much stuck to getting stuff from the sole authorised distributor in Malaysia for anything more serious than stuff you'd need for a regular service interval.
D-Segment2006 MG Rover 75 2.0 Diesel - this would be another semi-collectors car like the Punto and Evente, it is not super rare but it isn't common enough to make parts cheaper or easier to obtain. If you're got some spare pocket change to make a 3-4 year loan for this car and some extra cash on hand to do it up then you would have a very nice British car on your hands which would be rare in Malaysia but not much else where. And I can pretty much guarantee you that hotel valets would think you're some VVIP driving in this car as it has that really prestigious and regal look.
2006 Saab 9-3 - while Saab the company is still around making planes and engines for planes the division making cars is no longer with us, iinm the rights to the brand and technology were sold to some chinese car maker. So for now this isn't anything special and people would think it is crazy to get one as the company is no more so where to get parts. This is the beauty of modern auto-making as OEM suppliers for parts will continue to produce parts while there is still demand and Saab already guaranteed there would at least be 20 years of guaranteed parts for all their models after it went bust so there is still time -- who knows this car might be a collectors item someday because it is the grand daddy of all the so called "turbo" cars nowadays. Saab has always used a smaller turbo in their cars to give their cars better pickup and fuel economy because small turbo's don't have turbo lag so it helps the car's performance out where there would be dips in performance from a regular N/A engine.
Luxury2006 Skoda Superb 1.8T @ RM22k - if you're looking for something above D-segment which is like BMW 5-series or Merc E-class territory then you can consider this car, it shares the body with the VW PAssat of the same generation, so like-for-like it is exactly the same and eventhough Skoda is a dead brand but since VW is strong here you don't have to worry about getting parts as you can get them from VW as compatible parts, Bermaz the defunct Skoda importer but still can help you out getting parts, or a few specialist stockist. It is a great car for highway cruising and enjoying that German technology and comfort.
2006 Lexus LS460 4.6 @ RM138k - so maybe you're thinking the Superb looks abit too plain, old and low on prestige. So how about this then? After this you might not be able to get a loan for this beast and it is a beast when you see something which is 10 years old but still worth over RM100k. It is going to win the Superb hands down because this model is actually competing against the likes of BMW 7-seroes and Merc S-class. Just look at it you know this is one beautiful yet posh babe. Not going to be cheap to upkeep the roadtax alone is 5 figures. But if you got that kinda money and looking for something like 7series/Sclass level on the cheap then this is it.
Performance2006 Mazda RX8 1.3 @ RM49k - if you ever thought about buying one then this is the time because after 2016 this bunch of 2006 makes are going to be cash only, and usually performance cars don't really drop below RM40k and sometimes even go back up in value. So now is a good time to buy as it is probably the lowest for a loanable price. Maintenance/upkeep is always going to be a nightmare if you treat it like a regular car, get to know how to TLC a rotary and you shouldn't have much issues.
2006 Subaru Impreza STI ver9 2.0T @ RM66k - just to clarify it is a manual if you're expecting an auto it would be ver10 onwards. This is a car that can do it all. It has the power and handling to sink the RX8 and give the Cayman a run for it's money, yet has 4 doors and would be okay for family duty but remember don't feed your kids until they're too full as they might puke because of the hard suspension. It is Japanese so maintenance should be cheap right but it is a performance model so what is the expectations? Well, it is as much as keeping a BMW 3-series or Merc C-class, it is expensive but not achievable for salary earners.
2006 VW Golf GTI 2.0T @ RM64k - okay so let's say for the same price as the Impreza but you want an auto but don't mind a hatchback instead of a sedan then you might be thinking of the Golf GTI. GTI's are abit more common on our roads and thus would be slightly cheaper to maintain due to parts being more common becoming cheaper but don't expect Altis level of cheapness, ok? It also doesn't have AWD so it's handling while good isn't on par with the Impreza so although you can bully most cars with this, once you see a the Impreza highlighting you from behind at the highway better just give way.
Coupe2006 Merc SLK200 @ RM92k - similarly like the RX8 this is probably the lowest loanable price you're ever going to find for this car so if you're interested better hurry up there are many listed for sale. And don't ask about maintenance cost because you're buying a Mercedes sports coupe, it is never going to be cheap to upkeep.
2006 Mini Cooper 1.6T @ RM50k - this is practically the first generation of the "BMW Mini" and it was so popular there are lots of 2006 models going to be cash only in a few weeks time. Go and shop around the dealers would be desperate to ship them out as it is harder to sell without loan for anything above RM20k unless it is really special or rare, and since this is quite common you can squeeze their balls abit. Definitely cheaper to maintain that the SLK but still a coupe!
2006 Nissan 350Z 3.5 @ 77k - this is a great car if you can handle that RM4000 yearly roadtax fee. It is more exotic than the Mini thus even at this age it has demand a higher price and I don't see why not this was the car that started Nissan's foray into this design language after it was successful the Murano, 370Z, and Skyline all followed suit with a similar bulbous design. Of course the street cred isn't as good as the SLK but still would wet the panties of any blind date when you roll up to her hosue with this car, and remember sports cars don't age unlike normal cars so she can't tell you're driving an "old car" look-up Waja 2006....damn it's old right but not this car.
2006 Porsche Boxster 2.7 @ 128k - it might seem expensive but there is a cheaper Porsche to buy which is the
2006 Porsche Cayman 3.5 @ RM60k but seeing that engine displacement alone you know it is going to cost you RM3xxx for roadtax compared to the Boxster with a 2700cc engine which would have a roadtax price of around RM13xx which is a huge difference for most people unless you've got money. Realistically, the Boxster would be the most realistic supercar brand sports car a normal salary earner can dream of buying. Boxsters are common enough for their parts not to be hard to find or exotic in price (would still be in the ballpark of the SLK), being a Porsche you'd still get massive street cred and prestige, and roadtax isn't so bad if you think about it as an entry level exotic. The Cayman being a true entry level for supercars is always going to cost 2x or 3x as much to keep.
MPV2006 Toyota ISIS @ RM36k - The advantage of this car is that it uses the underpinnings of the Wish but it has an auto sliding door like the more expensive Estima. Maintenance wise same as a Wish only issue is getting body parts during a major accident (I'd suggest you get a write-off and buy another car).
2006 Honda Edix 1.7 @ RM36k - if you're someone that prefers not to be driving around in a "van" but sometimes do carry extra people but mostly just a single driver and don't mind if it gets cramp during short trips on full load carrying 6 people but want to be on the safe side with 6 seatbelts then this car is for you. Basically, it is a wider version of the Civic's body so it can seat 3 abreast in 2 rows for a maximum capacity of 6 people. Though in reality unless you're fetching small size ladies you'll only go full load with mostly kids. Uses the underpinnings similar to the 7th generation Civic.
SUV2006 Porsche Cayenne 4.5T @ RM75k - similar situation like the Lexus it is probably not for everyone but a businessman which has money but looking for a bang for his buck because eventhough the purchase price might be low don't expect the maintenance and upkeep to be low. That 4500cc roadtax alone is going to turn off 90% of prospective buyers. But if you have the money and means driving this vs something like Lexus/Toyota Harrier is like the difference between heaven and earth. Cayenne has it all in terms of space, looks, comfort, power, agility, handling, etc. except maintaining the bugger.
buying a 2006 car just before it falls into the over-10-nonloanable category.... seems like a really good idea.....