Saturday, October 23, 2010

Affordable Rides

Are car prices getting cheaper in Malaysia? Maybe but one thing for sure is we have more choices now compared to 10 years ago when the only choice of affordable cars available to middle class Malaysians were Protons, Perodua and a few Korean makes trying to break into the Malaysian market.


Cars sold in Malaysia are considered cheap if they are priced below RM100k. The cheapest decent sized family car, the Proton Persona, cost only RM47k. That is if you don't mind a Proton. If you can afford a little bit more, say RM52k, you can choose the Gen2, another Proton. If Protons are not your cup of tea and you want to be seen in a Honda or Toyota, be prepared to fork out at least 72k for the entry level Vios or 83k for the City. At 70+k to 80k, these cars cost as much as a middle manager's annual salary. A middle manager salary for an entry level car doesn't sound right. The middle manager has no choice but to settle for the Protons. Or if they want to drive anything other than a Proton, they would have to live beyond their means. 


Enough of depressing stuff. Let's look at some of the 'cheap' cars flooding our market in the past year or so. 

The best cheap car introduced this year would be the beautiful Peugeot 308 1.6VTI. At RM94k, a mid sized European model is finally affordable to some (middle managers working in reasonably large companies) Malaysians.
The 2 litre Naza Forte, at RM95k, will get you more toys than a RM110k Toyota Altis or Honda Civic, plus 200 additional cc.
Then we have the Mazda 2, priced between RM77-83k, it joins the City-Vios- (maybe)Latio groupie. The hatch looks good but the sedan is a bit wierd looking.
A few days ago, Ford Malaysia introduced the Fiesta. Identical twin of the Mazda 2 but cheaper, top of the line hatch is 'only' RM86k on the road. Sadly, the sedan is ugly.
At slightly above RM100k, the turbocharged Polo represents good value for money, for Malaysian standards that is. A car the same class as the Fiesta however should not cost more than 90k let alone 100k. Compared to the other 'cheap' cars in the Malaysian market, other than the turbo and the Volkswagen perceived quality, the Polo doesn't warrant it's six figure price tag.



Volkswagen introduced two entry level models; the 1.4TSI Golf and Scirocco. We'll talk about that next time. 

1 comment:

  1. need more info pls... :) liking this ;) finally... another posting that i can understand.. hehehe :D

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