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Mainstream car prices
In USA ------------------- In MALAYSIA
Honda Accord RM64,440 -------------------RM150,000
Honda CRV RM67,485 ------------------- RM150,000
Honda Civic RM47,865 ------------------- RM115,000
Toyota Altis RM48,390 ------------------- RM112,000
Toyota Camry RM66,165 ------------------- RM180,000
Kia Sorento RM69,450 ------------------- RM160,000
Hyundai Tucson RM57,735 ------------------- RM140,000
Hyundai Sonata RM62,685 ------------------- RM150,000
Hyundai Elantra RM50,085 ------------------- RM98,000
Luxury car prices
BMW 328i RM109,500 ------------------- RM300,000
BMW 528i RM149,000 ------------------- RM400,000
BMW 535i RM157,000 ------------------- RM600,000
BMW X5 RM142,500 ------------------- RM580,000
Mercedes E350 RM153,000 ------------------- RM400,000 (M'sia for CKD E250)
Jaguar XF RM159,000 ------------------- RM500,000
Jaguar XJ RM221,000 ------------------- RM1,000,000
Porsche Cayenne RM 146,000 ------------------- RM570,000
For RM150,000 you get a Honda Accord in Malaysia. For the same price you get a Mercedes Benz E350 in the US. A bigger, better and safer car. So all of you who are driving Honda Accords, you should be driving a Mercedes Benz.
Americans earn about four to five times more than Malaysians. Yet they pay 40% or less for the same car. This means their monthly instalments will also be only 40% of what Malaysians pay. They earn much more than us but they pay much much less than us for the same car.
Malaysians pay 2.34 times what Americans have to pay for the same car. Most Malaysians pay close to 50% of their salary for their monthly payments for their cars. Not only do the banks get an easy ride ('cause everybody is "forced" to take loans), we have to live in debt for over seven years, depriving our family of better food and clothes.
We are making our own people poorer. Entry level graduates earn about RM2,000+ per month. Even if they buy a Proton or Perodua (four tyres, airbags, engine, four doors) they are going to be paying RM400 - RM600 per month in instalments alone. That is about 20% to 25% of their monthly income.
If they buy a slightly better car the monthly instalments may be closer to RM1,000 or 50% of their monthly income. What about non graduates? They can buy motorbikes or used cars.
Kenapalah kita bodoh sangat !?
***Please forward this to every Malaysian you know so that they may realise how we are being cheated in car prices and have been cheated for the past 30 years or more.
Syed Akbar Ali
In USA ------------------- In MALAYSIA
Honda Accord RM64,440 -------------------RM150,000
Honda CRV RM67,485 ------------------- RM150,000
Honda Civic RM47,865 ------------------- RM115,000
Toyota Altis RM48,390 ------------------- RM112,000
Toyota Camry RM66,165 ------------------- RM180,000
Kia Sorento RM69,450 ------------------- RM160,000
Hyundai Tucson RM57,735 ------------------- RM140,000
Hyundai Sonata RM62,685 ------------------- RM150,000
Hyundai Elantra RM50,085 ------------------- RM98,000
Luxury car prices
BMW 328i RM109,500 ------------------- RM300,000
BMW 528i RM149,000 ------------------- RM400,000
BMW 535i RM157,000 ------------------- RM600,000
BMW X5 RM142,500 ------------------- RM580,000
Mercedes E350 RM153,000 ------------------- RM400,000 (M'sia for CKD E250)
Jaguar XF RM159,000 ------------------- RM500,000
Jaguar XJ RM221,000 ------------------- RM1,000,000
Porsche Cayenne RM 146,000 ------------------- RM570,000
For RM150,000 you get a Honda Accord in Malaysia. For the same price you get a Mercedes Benz E350 in the US. A bigger, better and safer car. So all of you who are driving Honda Accords, you should be driving a Mercedes Benz.
Americans earn about four to five times more than Malaysians. Yet they pay 40% or less for the same car. This means their monthly instalments will also be only 40% of what Malaysians pay. They earn much more than us but they pay much much less than us for the same car.
Malaysians pay 2.34 times what Americans have to pay for the same car. Most Malaysians pay close to 50% of their salary for their monthly payments for their cars. Not only do the banks get an easy ride ('cause everybody is "forced" to take loans), we have to live in debt for over seven years, depriving our family of better food and clothes.
We are making our own people poorer. Entry level graduates earn about RM2,000+ per month. Even if they buy a Proton or Perodua (four tyres, airbags, engine, four doors) they are going to be paying RM400 - RM600 per month in instalments alone. That is about 20% to 25% of their monthly income.
If they buy a slightly better car the monthly instalments may be closer to RM1,000 or 50% of their monthly income. What about non graduates? They can buy motorbikes or used cars.
Kenapalah kita bodoh sangat !?
***Please forward this to every Malaysian you know so that they may realise how we are being cheated in car prices and have been cheated for the past 30 years or more.
Syed Akbar Ali