buying car with low interest rates for 9 years effectively equivalent to negative interest rates with inflation rates so high

the 2k installment u pay per month probably equivalent t0 1k in term of purchasing power 9 years later

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But why buy a new EV car when comparable ICE-V car is so much cheaper, esp after 1 Jan 2026 and 1 Jan 2028 when no more EV tax exemption in Malaysia for new CBU and CKD EV cars respectively.?

Compared to new EV cars, new ICE-V cars are value for money and have good resale value when needed.

On top of that, most new CCP China EV cars are junk = poor quality, and may go bankrupt at any time within those 9 years.
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People say buy car dont look at resale value. Buy that damn car, use it until it's old enough for you to just abandon it at the roadside.

Ya another way of seeing it but no la won't be so low , probably around equal worth 2.5k+ 9yrs later

i think the recent tesla interest rate 0/0/48/0.88% promo is too good. take for 9 years and inflation itself will mean ur monthly payment value goes down, hence cheaper car.

Resale value blablabla

Ppl go vacation overseas to enjoy yearly spending 20k each time u got ask them why go lah see photos videos enough lah save the money

I spend 20k for installment yearly and i can enjoy the car everyday. Mine is a Tesla, btw

Poorfaq worry about rv better buy 20 years old junk Kancil sure won't rugi

You mean 1.5k?

Future 2.5k same value as current 2k

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Promo for CKD Wuling Bingo EV is even better - it will be coming to Malaysia in Q4 2025. Price in CCP China is 60,000 Yuan = RM36k only. Price in Malaysia should be about RM50k, but only until 1 Jan 2028.

RM50k car loan at 3% > RM181k car loan at 0%, .......

https://theedgemalaysia.com/node/754005 - Tan Chong introduces China’s Wuling EVs, gets nod for local semi-assembly - 5 May 2025

But still can't beat the "promo" for Perodua Axia 1.0l = RM24k.
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I'm deciding btw tesla, beemer or just go for the sealion.

I'm just saying 2k installment 9 years later equivalent to today 1k in term of value, just the quantum, you get my point

That is why our road is full of cars, landed prop cars parking roadside, apartments never have enough parking lots, park on public road side. Old junk >10 yrs on the road, Mekanik bawah pokok all over.

From late 90s dy said 9yrs HP is dumb, ad instalment big big cuma rm499 per month in billboard was a joke then

25+ years today, the treand is not instalment its how much you willing to pay (rent) a car use per month. Net negative

This post has been edited by jojolicia: Jun 19 2025, 10:05 PM

All good. My neighbour bought 2 biji ix2 after install solar for him and his waifu. They are BMW fansie as the previous 2 cars are 320 and X something.

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Kecian, you couldn't go on annual RM20k vacation overseas for 9 years after buying your Tesla M3 (= RM181k).

If you had bought the comparable Proton S70 ICE-V car (= RM74k) instead, you could have gone on RM20k vacation overseas on alternate years.
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This post has been edited by lurkingaround: Jun 19 2025, 10:04 PM

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So, you and 'ifourtos' are solar panel installers = EV lovers.?
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This post has been edited by lurkingaround: Jun 19 2025, 10:14 PM

Poorfaq mentality thinking other just like u can only have money to do 1 thing. Owai u can do neither

Actually leasing EV is a better approach since the car depreciate so much.

At the end of lease just return or sign a new lease for newer model (CCP release new models every few months)

beli dulu, pay later with months of late payment, repo guy come kasi bakar

TS...

After I sell my non-EV.... I also still owe bank alot....

apa mahu logik sangat....

Orang kaya raya . . . no problemo every 6 months vacation pun boleh.