Hey guys,


I know this may sounds funny when people around you talking about getting Car AP (Approved Permit). For some reason, there is a high chance I might be able to obtain it, and the question here is, I was in the finance/banking/property/accounting background and know no shit about car industry business, does anyone here managed a business like this before? Anything I need to be aware of?


In addition, I have gone thru all the MITI guideline requirements, and also have ''nego'' with the partners. My partner is 100% Bumiputera and Im a chinese

Umno cable

You need big pocket to setup showroom, bring d cars from Japan, pay import tax etc

be careful

you hold nothing even if you come out with 100% capital

u know pekema ?

A fool and his money will soon be parted

Assuming you have the 10s of millions required to properly run the business, you will be fronting 100% of the capital and own nothing of the business legally, everything will be base on trust

So many peoples at the promise of lucrative profits puts logic common sense behind them

This is also why scamming/money game/pyramid scheme are evergreen industry

We are using our own land and capital, this part should be no problem for us




Yes, fully trust only, well we have abnormal relationship between us, been decades



Sort of, not my part of show

How much is the profit margin at current market condition? I know from selling car itself is not that much profitable, but we are adding some lines into this business too.


From what I heard, the big boys are also doing third party loan (In-House Loan) with legit license (18%p.a Max)

This post has been edited by junz95: Jun 30 2022, 06:58 PM

When it comes to money, decades of relationship can mean nothing. Your bumi partners can kick you out when the business is established and there's nothing you can do about it.

Are you Malay or Bumiputera???
Got some Ruling party cable???
If yes, can join.

Paultan got some atricle regarding with these? Please read it.

This post has been edited by MaybachS600: Jun 30 2022, 07:17 PM

From my point of view, although they have the license and etc, business will run by my side from A-Z, so its like give and take, what do you think?


Noted with thanks, will read it through later

cable ? u just wish politic don't flip ..... this is current condition

Most second hand car profit margin is 8%, yes, it's profitable, but if you carry lemmings brand, then it might cause you downfall if you got big stocks of it. Just bring in the sellable cars which can bring in your profit quickly, and you don't want your car to be still there after 1 year

why not direct import ?

Ada jln buat bonded warehouse ka

Yes we are doing direct import, ofcourse with AP

With a 8% margin is very attractive, also, we are thinking other lines to drive up the %

This post has been edited by junz95: Jul 1 2022, 01:17 AM

You are playing with tiger ts. Anytime will kena ngap with them. Dont play2 with anything related to politician. They will spin spin you up side down. anyway good luck ts.

Business run by your side as in the business registration under your name?

If yes, no problem

you are very daring

no experience in the trade

no direct connection

yet want to put in capital (i assume your only value is capital in this case).

You want to put your money and energy in but you will legally own no part of the business. Your partners can kick you aside if there is a fallout or if they have bad intentions and you can end up with nothing. Don't imagine it can never happen. Even husband and wife with decades of relationship can get divorced. Based on trust is not good enough.