Alliance/BN federal governments taking Malaysians for a ride in car taxes since Merdeka
This retail price comparison between Malaysia and the United States of America is nothing new.
But since someone has taken the trouble to share it on Facebook, we in No News Is Bad News is sharing it with our visitors and regular readers.
There is absolutely no reason whatsoever why the rich in the US are paying much more lower for their cars than the poor Malaysians.
Cars are no more a luxury but a necessity in life today.
In Malaysia, the ordinary folk can only afford a Proton or Perodua but struggle to pay through their nose, so to speak. But for lower than the prices of the local cars, one can get a Honda Accord in the US.
And the Americans are much richer than Malaysians in terms of per capita income.
The Alliance/Barisan Nasional federal governments have been short changing or taking Malaysians for a ride in car taxes since Merdeka (Independence) 1957.
Here’s the share in Facebook and a letter published by online news portal Free Malaysia Today:
"*Mainstream Car Prices*
*Honda Accord*
In USA RM64,440
*In M'sia. RM150,000*
*Honda CRV*
ln USA RM67,485
*In M'sia. RM150,000*
*Honda Civic*
In USA RM47,865
*In M'sia. RM115,000*
*Toyota Altis*
In USA RM48,390
*In M'sia. RM112,000*
*Toyota Camry*
In USA . RM66,165
*In M'sia. RM180,000*
*Kia Sorento* Usa RM69,450
*Msia RM160,000*
*Hyundai Tucson* USA RM57,735
*M'sia RM140,000*
*Hyundai Sonata*
Usa RM62,685
*Msis. RM150,000*
*Hyundai Elantra*
USA RM50,085
*Msia. RM98,000*
*Luxury car prices*
*BMW 328i*
USA RM109,500
*M'sia RM300,000*
*BMW 528i*
USA RM149,000
*M'sia RM400,000*
*BMW 535i*
Usa RM157,000
*Msia. RM600,000*
*BMW X5*
Usa RM142,500
*Msia. RM580,000*
*Mercedes E350*
USA. RM153,000
*M'sia. RM400,000*
*Jaguar XF*
USA RM159,000
*M'sia. RM500,000*
*Jaguar XJ*
USA . RM221,000
*M'sia. RM1,000,000*
*Porsche Cayenne*
USA . RM 146,000
*M'sia. 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 Malaysian's. Yet they pay 40% or less for the same car. This means their monthly installments will also be only 40% of what Malaysian's 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 Malaysian's 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.
***Please forward this to every Malaysian now so that they may realise how we are being cheated in car prices and have been cheated for the past 30 years or more."
"Why are Malaysian car prices so expensive?
August 16, 2012
FMT LETTER: From Michael Kwai, via e-mail
The recent car prices issue made me curious. Having been totally unaware of such huge discrepancies between Malaysian and world prices, I surfed the Internet to see what real world car prices were. I was shocked.
These are US car prices with US duty and import tax paid, which are just like Malaysian car prices with duty and tax also paid, but here, you will see, they are much lower and less exorbitant than in Malaysia.
Bear in mind all cars are CBU (complete built up) Japan, CBU South Korea or CBU Germany.
The following cars we get here are CKD (complete knocked down) cars with more than 50% Malaysian content and “supposedly” are cheaper due to their being CKD and supporting Malaysian manufacturers.
I cannot understand, we support our own Malaysian manufacturers and beli barang buatan (buy local) Malaysia too, and yet the prices can be higher than barang buatan (made in) Japan or German, which is usually higher in quality.
And yet, to make matters worse, US people’s GDP per capita is higher than Malaysia’s and the average American earns five times more than the average Malaysian.
Mainstream car prices
Honda Accord 2.4 US$21,480 (RM64,440) RM175,000
Honda CRV US$22,495 (RM67,485) RM150,000
Honda Civic US$15,955 (RM47,865) RM115,000
Toyota Altis US$16,130 (RM48,390) RM112,000
Toyota Camry US$22,055 (RM66,165) RM180,000
Kia Sorento US$23,150 (RM69,450) RM160,000
Hyundai Tucson US$19,245 (RM57,735) RM140,000
Hyundai Sonata US$20,895 (RM62,685) RM150,000
Hyundai Elantra 1.8 US$16,695 (RM50,085) RM118,000
Luxury car prices
BMW 328i US$36,500 (RM109,500) RM300,000
BMW 528i US$46,900 (RM149,000) RM400,000
BMW 535i US$52,500 (RM157,000) RM600,000
BMW X5 US$47,500 (RM142,500) RM580,000
Mercedes E350 US$51,000 (RM153,000) RM400,000 (In M’sia for only CKD E250)
Jaguar XF US$53,000 (RM159,000) RM500,000
Jaguar XJ US$73,700 (RM221,000) RM1,000,000
Porsche Cayenne US$48,850 (RM146,000) RM570,000
Every Malaysian must realise they are being cheated on car prices and have been cheated for the past 30 years.
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."
In Malaysia, the ordinary folk can only afford a Proton or Perodua but struggle to pay through their nose, so to speak. But for lower than the prices of the local cars, one can get a Honda Accord in the US.
And the Americans are much richer than Malaysians in terms of per capita income.
The Alliance/Barisan Nasional federal governments have been short changing or taking Malaysians for a ride in car taxes since Merdeka (Independence) 1957.
Here’s the share in Facebook and a letter published by online news portal Free Malaysia Today:
"*Mainstream Car Prices*
*Honda Accord*
In USA RM64,440
*In M'sia. RM150,000*
*Honda CRV*
ln USA RM67,485
*In M'sia. RM150,000*
*Honda Civic*
In USA RM47,865
*In M'sia. RM115,000*
*Toyota Altis*
In USA RM48,390
*In M'sia. RM112,000*
*Toyota Camry*
In USA . RM66,165
*In M'sia. RM180,000*
*Kia Sorento* Usa RM69,450
*Msia RM160,000*
*Hyundai Tucson* USA RM57,735
*M'sia RM140,000*
*Hyundai Sonata*
Usa RM62,685
*Msis. RM150,000*
*Hyundai Elantra*
USA RM50,085
*Msia. RM98,000*
*Luxury car prices*
*BMW 328i*
USA RM109,500
*M'sia RM300,000*
*BMW 528i*
USA RM149,000
*M'sia RM400,000*
*BMW 535i*
Usa RM157,000
*Msia. RM600,000*
*BMW X5*
Usa RM142,500
*Msia. RM580,000*
*Mercedes E350*
USA. RM153,000
*M'sia. RM400,000*
*Jaguar XF*
USA RM159,000
*M'sia. RM500,000*
*Jaguar XJ*
USA . RM221,000
*M'sia. RM1,000,000*
*Porsche Cayenne*
USA . RM 146,000
*M'sia. 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 Malaysian's. Yet they pay 40% or less for the same car. This means their monthly installments will also be only 40% of what Malaysian's 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 Malaysian's 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.
***Please forward this to every Malaysian now so that they may realise how we are being cheated in car prices and have been cheated for the past 30 years or more."
"Why are Malaysian car prices so expensive?August 16, 2012
FMT LETTER: From Michael Kwai, via e-mail
The recent car prices issue made me curious. Having been totally unaware of such huge discrepancies between Malaysian and world prices, I surfed the Internet to see what real world car prices were. I was shocked.
These are US car prices with US duty and import tax paid, which are just like Malaysian car prices with duty and tax also paid, but here, you will see, they are much lower and less exorbitant than in Malaysia.
Bear in mind all cars are CBU (complete built up) Japan, CBU South Korea or CBU Germany.
The following cars we get here are CKD (complete knocked down) cars with more than 50% Malaysian content and “supposedly” are cheaper due to their being CKD and supporting Malaysian manufacturers.
I cannot understand, we support our own Malaysian manufacturers and beli barang buatan (buy local) Malaysia too, and yet the prices can be higher than barang buatan (made in) Japan or German, which is usually higher in quality.
And yet, to make matters worse, US people’s GDP per capita is higher than Malaysia’s and the average American earns five times more than the average Malaysian.
Mainstream car prices
Honda Accord 2.4 US$21,480 (RM64,440) RM175,000
Honda CRV US$22,495 (RM67,485) RM150,000
Honda Civic US$15,955 (RM47,865) RM115,000
Toyota Altis US$16,130 (RM48,390) RM112,000
Toyota Camry US$22,055 (RM66,165) RM180,000
Kia Sorento US$23,150 (RM69,450) RM160,000
Hyundai Tucson US$19,245 (RM57,735) RM140,000
Hyundai Sonata US$20,895 (RM62,685) RM150,000
Hyundai Elantra 1.8 US$16,695 (RM50,085) RM118,000
Luxury car prices
BMW 328i US$36,500 (RM109,500) RM300,000
BMW 528i US$46,900 (RM149,000) RM400,000
BMW 535i US$52,500 (RM157,000) RM600,000
BMW X5 US$47,500 (RM142,500) RM580,000
Mercedes E350 US$51,000 (RM153,000) RM400,000 (In M’sia for only CKD E250)
Jaguar XF US$53,000 (RM159,000) RM500,000
Jaguar XJ US$73,700 (RM221,000) RM1,000,000
Porsche Cayenne US$48,850 (RM146,000) RM570,000
Every Malaysian must realise they are being cheated on car prices and have been cheated for the past 30 years.
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."
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