It's been a while since I updated this blog. Recently I sold off my Satria Neo (1.3 MT) at RM27,000. The car has served me loyally for two years. Here's how consider my losses.
Purchased Market Price : RM43,500
(-) Cash Discount From Proton : RM500
(-) Additional Discount : RM3,500 (In the form of Toshiba Laptop)
(-) Sold At : RM27,000
If you do the maths, I made a loss of RM12,500 in that 2 years period, in which annually I would have lost RM6250. That's quite a high depreciation, which is not surprising for a Proton. All I could do is consider myself renting the car in that 2 years period.
Word of advice, getting a brand new Proton means that you suffer high depreciation on the first 2-3 years. On a usual case, driving your car back home on the first day from a Proton showroom would have made you suffer a lost of up to RM5000.
Foreign cars such as Kia, Hyundai, Volvo, Audi has a low resale value. This would mean that you suffer high losses. To make the best out of owning these cars is to keep it for a duration of 5 to 7 years. Everyone knows in Malaysia that cars with low resale value has high maintenance cost whilst cars with high resale value has lower maintenance cost. Take Honda, it has one of the best resale value in Malaysia with affordable maintenance cost. So if you're planning to get a brand new car, don't forget to think of its resale value. It does matter when you're planning to get rid of it.
Purchased Market Price : RM43,500
(-) Cash Discount From Proton : RM500
(-) Additional Discount : RM3,500 (In the form of Toshiba Laptop)
(-) Sold At : RM27,000
If you do the maths, I made a loss of RM12,500 in that 2 years period, in which annually I would have lost RM6250. That's quite a high depreciation, which is not surprising for a Proton. All I could do is consider myself renting the car in that 2 years period.
Word of advice, getting a brand new Proton means that you suffer high depreciation on the first 2-3 years. On a usual case, driving your car back home on the first day from a Proton showroom would have made you suffer a lost of up to RM5000.
Foreign cars such as Kia, Hyundai, Volvo, Audi has a low resale value. This would mean that you suffer high losses. To make the best out of owning these cars is to keep it for a duration of 5 to 7 years. Everyone knows in Malaysia that cars with low resale value has high maintenance cost whilst cars with high resale value has lower maintenance cost. Take Honda, it has one of the best resale value in Malaysia with affordable maintenance cost. So if you're planning to get a brand new car, don't forget to think of its resale value. It does matter when you're planning to get rid of it.
0 comments:
Post a Comment