0% deposit? Is that allowed?

More like ICE used car value will increase…instead of EV

If HP loan, the max long periods is 5 years cos most of the cars value depreciate the most.
5 years repayment will almost always above resell value.

If buying those cars with high resell value, you might breakeven if using 7 years repayment if want to sell the car after 5th year.

Anything more than 7 years repayment especially those low resell value cars, then be prepared to bring cash to banks when want to sell the car during the first 5 years repayment period

eg of people just buy without extensive research

battery warranty about 7 years.

This post has been edited by hoonanoo: Jun 15 2025, 09:40 PM

Buy Hyundai getz 2nd hand. RM 9k can get liao. Very good car. Parts plenty. Mekanik bawah pokok can fix.

Smart ppl dont buy cars with poor RV

Already said will predict many house soon have one EV parked inside not worth to repair and butthurt dont want to sell as besi buruk.

EV conlan7firm zero resale value.

The one that is complaining about the resale value, is not even the owner themselves, not even a potential owner lol. See how the post mentions "ambil contoh"

Its always the others busybody one

Sums it up

This post has been edited by Boy96: Jun 15 2025, 10:20 PM

.
Because many entities are trying to push the busybodies to buy new EV cars without informing them of the cons, eg low RV, higher and more dangerous fire risk like self-combustion, high insurance costs, more costly than comparable ICE-V cars, etc, ... ,
.... eg - pushy government subsidies, tax exemptions, tax credits, exemptions on license plate fees or registration fees;
- carmakers' promo price rebates, price cuts for latest model versions, 8-years warranties, exaggerated or lying ads, self-driving features;
- EV news media hype of less polluting, kuat pecut, low maintenance costs, save on petrol costs, etc.

Some of the busybodies learned from Covid-19's herd mentality and government mandates, eg MCO, Covid vaccination, etc, ie by pushing back. Eg many businesses closed shop, workers lost their jobs, a few even committed suicide, the people suffered hyper-inflation, etc.
.

as long as can save on tax, die2 must buy before 2025 ends
kek

1. who is buying the EV? mostly is T20.
2. will T20 buy 2nd hand car? no way, why want to buy 2nd hand?
3. if T20 will not buy 2nd hand EV, who will buy? only M40.
4. so when M40, they will not able to pay high price, so where is the demand for 2nd hand EV?

why non able to understand this logic now?

whats the fuss about, if the car is good, keep it la, why want to sell it?
and thats why some car have good resale value, they keep using it, hence got aftermarket/oem to support it, got workshop to repair it. car manufacturer only going to support the car up to 10 years only, so good luck if need to keep depend on official service center.

My takeaway from that video is:

EV is subsidy from gomen for T20 & upper M40
Petrol is subsidy from gomen for M40 & B40

Hence EV pushback for NOW is class problem

So to push for EV adoption gomen must abolish petrol subsidy. Gomen cannot abolish EV free tax & duties, may extend the deadline

So moral of story is to WAIT instead of buy EV now

This post has been edited by knwong: Jun 15 2025, 10:59 PM

Actually for me the current policy is the best. No need to push2 or force buyers. Later got protest like mat saleh country bcoz limiting muh freedomz.

EV got no tax, home charging is cheap, but public charging cost twice of petrol. So for those wanting for cheap <rm60k EV, later they will be in a rude shock when they realise public charging so damn expensive.

For regular car, if u buy CKD car, the price is similar to other country now. Its only if u want a CBU car that it is taxed heavily. Petrol also cheap for long distance travel.


If petrol subsidy is abolished, even EV user will feel it as almost all still have another 2-3 petrol car in the household

So balance balance no need to force to choose one over another

This post has been edited by Boy96: Jun 15 2025, 11:18 PM

Not all ICE car will have positive equity also la.

I forgot got one doctor claim insurance saving plan is a good idea . Not u another guy . My friend put in 48k now left only around 36k , lose 4 year interest and still paper lost 12k

This post has been edited by MrBaba: Jun 15 2025, 11:22 PM

Yihs is all screwed up why are we subsidising the rich with ev car prices? Without tax exemption, ev will be even more expensive than they are now. Nobody will except really rich people. So market will be even smaller than now.

That's the stupidest way of investing money. My as well give the agent a chunk of money and call it a day

They forgot about electricity rate readjustment coming soon too.

If the gov really want EV to grow, they should abolished the 100k limit pricing.
Let there be price war among EV beside ICE.
The problem is Gov still protecting P1 and P2.

In order EV to find a footprint how much their 2nd value, they need to sell a lot EV like those standard P2 models and certain Toyota models to build up a health 2nd hand spare parts market.

Those current EV models surely got bad reselling value cos of 2 major problem
1. Lack of available of knowledgeable mechanics cos there is no incentive, nor market for this service as at now. Almost all goes back to their respective service centre as the owner scare of losing their long term battery warranty if repairs outside
2. Spare parts too expensive or not easily available.

Everyone know EV major replacement $ is the battery and inverter which have a lifespan.
If this items are easily available at much affordable level, me surely will buy at higher price in 2nd hand market.

Examples, if a normal ICE selling 150k, 5 years later can sell 70k
Similar 150k EV surely will see lower resell price, due to the risk of replacement plus other risk, maybe can only command selling price 50k or lower due to smaller pools of 2nd hand buyers

This post has been edited by Iceman74: Jun 15 2025, 11:35 PM

Which EV 5th year value went down to Rm30k? I want buy.