Lowering car prices.
Another one of Anwar and Pakatan's hollow propaganda to fool the people.
After I posted my article "Reducing Oil Prices: Anwar On The Stump, Stumping The Idiots", a regular commentator of this blog by pseudonym SM challenged me to not only expose our fuel prices being one of the lowest in the world and lowest in the region, but to also provide analysis and comparison of car prices with other countries in the region.
SM, is also a diehard supporter of Anwar Ibrahim and Pakatan Rakyat. Like most Malaysians he thinks our car prices are highest in the world.
Well, SM, you are in for a big surprise, I will lay down facts and figures to show that was not the case. Our car prices are one of the lowest in the region.
I am talking about cars for the working class, not luxury cars craved by the wealthy, which in spite of the high prices are selling very well in this country.
The streets of Kuala Lumpur, other towns and cities are littered with posh cars of all luxury brands. A clear sign that there are more than enough people with more than enough money to buy them.
In Malaysia cars are still seen as status symbol, particularly, among the Chinese community, a reflection of their success in business or in their profession. Though considered expensive by Western standard these luxury cars are selling very well in Malaysia and more often than not they be owned by Chinese business people.
It is not surprising that Anwar and other PKR leaders the likes of Rafizi Ramli and Azmin Ali tried to delude the people by blaming wrong government policy for the high prices of cars, which is completely untrue, pure fiction and propaganda to fool unthinking Malaysians.
Below is the price of a popular Japanese model in the Asean region.
Price of Toyota Vios 1.5 c.c
Malaysia - RM71,105. = US$23,389.00
Indonesia - Rp221,950,000. = US$22,833.00
Philippine - P869,000. = US$21,003.00
Thailand - THB559,000. = US$19,302.00
Singapore - $109,988. = US$88,864.00
Looking at the prices above are we much more expensive than our neighbours?
Malaysian made cars are even cheaper than the above foreign made model.
The cheapest in the market of a compact 4-door sedan is the Proton Saga 1.3 c.c. costing around US$11,479.00. Another popular model the Perodua MYVI is selling around US$14,456.00.
Unless, you want to bring the "one-lakh" car from India to this country which is just a basic body with an engine and four wheels, which is not likely to fit the Malaysian more sophisticated taste, the current prices for the type of cars available here are already almost floor level.
Ask Anwar and Rafizi how much lower can they go?
You probably can reduce by another 20% by removing all standard accessories that comes with it, which means no power windows, no power steering, no CD player, no sporty wheels, no cruise control, no electronically controlled side view mirrors and many more nonessentials.
Can you sell such basic cars in this market?
The current government policy of keeping car prices cheap for the proletariat and higher prices for luxury cars is the correct policy. It's a caring policy for the economically disadvantaged.
Our car prices are already lowest in the region.
Unfortunately, most Malaysians do not bother to check the facts and prefer to eat the opposition's wholesome lies, hook, line and sinker.
Another one of Anwar and Pakatan's hollow propaganda to fool the people.
After I posted my article "Reducing Oil Prices: Anwar On The Stump, Stumping The Idiots", a regular commentator of this blog by pseudonym SM challenged me to not only expose our fuel prices being one of the lowest in the world and lowest in the region, but to also provide analysis and comparison of car prices with other countries in the region.
SM, is also a diehard supporter of Anwar Ibrahim and Pakatan Rakyat. Like most Malaysians he thinks our car prices are highest in the world.
Well, SM, you are in for a big surprise, I will lay down facts and figures to show that was not the case. Our car prices are one of the lowest in the region.
I am talking about cars for the working class, not luxury cars craved by the wealthy, which in spite of the high prices are selling very well in this country.
The streets of Kuala Lumpur, other towns and cities are littered with posh cars of all luxury brands. A clear sign that there are more than enough people with more than enough money to buy them.
In Malaysia cars are still seen as status symbol, particularly, among the Chinese community, a reflection of their success in business or in their profession. Though considered expensive by Western standard these luxury cars are selling very well in Malaysia and more often than not they be owned by Chinese business people.
Below is the price of a popular Japanese model in the Asean region.
Price of Toyota Vios 1.5 c.c
Malaysia - RM71,105. = US$23,389.00
Indonesia - Rp221,950,000. = US$22,833.00
Philippine - P869,000. = US$21,003.00
Thailand - THB559,000. = US$19,302.00
Singapore - $109,988. = US$88,864.00
Looking at the prices above are we much more expensive than our neighbours?
Malaysian made cars are even cheaper than the above foreign made model.
The cheapest in the market of a compact 4-door sedan is the Proton Saga 1.3 c.c. costing around US$11,479.00. Another popular model the Perodua MYVI is selling around US$14,456.00.
Unless, you want to bring the "one-lakh" car from India to this country which is just a basic body with an engine and four wheels, which is not likely to fit the Malaysian more sophisticated taste, the current prices for the type of cars available here are already almost floor level.
Ask Anwar and Rafizi how much lower can they go?
You probably can reduce by another 20% by removing all standard accessories that comes with it, which means no power windows, no power steering, no CD player, no sporty wheels, no cruise control, no electronically controlled side view mirrors and many more nonessentials.
Can you sell such basic cars in this market?
The current government policy of keeping car prices cheap for the proletariat and higher prices for luxury cars is the correct policy. It's a caring policy for the economically disadvantaged.
Our car prices are already lowest in the region.
Unfortunately, most Malaysians do not bother to check the facts and prefer to eat the opposition's wholesome lies, hook, line and sinker.
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