Civil servants get 100% financing for Perodua Viva
Perodua is currently having a promotion for civil servants which will allow them to buy a Viva through Bank Rakyat hire purchase financing and enjoy 100% financing for a 10 year loan period. It also signed a memorandum of understanding with Takaful Ikhlas Sdn Bhd to provide personal insurance protection coverage for civil servants. Perodua expects to sell 10,000 units of the Perodua Viva through this scheme.
July 31, 2007 @ 9:03 am
OMG 10 years!!!!!!! We must be proud of being Malaysians!!!
July 31, 2007 @ 9:08 am
Interesting. What your comment Paul?
July 31, 2007 @ 9:25 am
mmm…. it seems Perodua is having problem selling their Viva, not Myvi, even still now, there is no news on how many quantity have they sold
July 31, 2007 @ 9:32 am
10 years to pay this tiny car……. Bank rakyat is similiar to proton .. sucking our blood…
July 31, 2007 @ 10:12 am
10 years to cater the need of commission to various type and level of people involve in this scheme.
July 31, 2007 @ 10:42 am
im not surprised at this at all. the ‘kakitangan sokongan’ in msia are grossly underpaid, with salaries for Grade 1 (like an office boy/helper) starting at a mere 459 bucks a month. my indon maid makes more than that, and she gets free food and lodging. even with the recent salary hike, dont expect to see ur typical civil servants upgrading their protons to BMWs anytime soon.
so, u need to sell a car, with financing restricted to monthly payments as low as 250-300 ringgit, viola! u get the 9-10 year loans. i think its a good opportunity for people just starting out working or families with low incomes, but the long term effects could be questioned. in a few years time u might see some after effects, when buyers have to top up money to sell a car, or just end up keeping it longer (less sales on new cars).
July 31, 2007 @ 10:44 am
I m proud to be malaysian… hehe
July 31, 2007 @ 11:03 am
Just read the latest Top Gear on the market. There is a page on this Viva not so viva in term of sales.
July 31, 2007 @ 11:05 am
10yrs… what can i say is GOOD LUCK bro…. hehehe
July 31, 2007 @ 11:06 am
Recently the govt threatened retailers that severe action will be taken against them should they take advantage of the recent salary hike of govt staff. The govt even said that 1000 enforcement officers will be deployed to monitor prices.
They all got their new salary last Friday (did’nt you notice the massive traffic jam on Saturday?)
It’s very clear that Perodua is taking advantage of the situation as the timing of the offer and it’s exclusive nature, points to that. Are they being cautioned by the govt? Definitely NO. It’s only the small guys that get whacked by our govt.
July 31, 2007 @ 11:11 am
Good idea as long they get rid of Mat Rempits off the streets since it will the same cost of owning a bike.
July 31, 2007 @ 12:06 pm
10 years loan? i think that really ok if u buy Mercedes or BMW…
if price 40k below…better 5 or 6 years…pening maaa hutang lama lama…
July 31, 2007 @ 12:07 pm
Interest free?
Even with minimal interest, 10 years add up big time.
July 31, 2007 @ 12:37 pm
now i think perodua is facing the same fate as proton… problem selling viva eh…
10 years for car loan… safe some money and get a proton instead… if don’t like proton than go for myvi. i think (my personal opinion) viva is way too overpriced
July 31, 2007 @ 1:35 pm
All because of Viva price..quite high.P2 should revise their prices..
July 31, 2007 @ 1:38 pm
9 years is already damn ridiculous… now they make it 10 years!!!
and to make matter worse… 10 years for a Perodua Viva!
Viva la Malaysia! Viva la Perodua! Viva la Bank Rakyat!
just to quote simon cowell, “joke of the century.”
July 31, 2007 @ 2:08 pm
joke of the year! why not make it 100% financing period for 50yrs loan period in conjunction with 50th National Day celebration?
hahahaa…
July 31, 2007 @ 2:39 pm
actually its a sign that viva is not selling so wel…ppl stil opt to go for the saga instead….
July 31, 2007 @ 3:00 pm
This is like trying to help but not helping situation..10 years will burden the buyers more..what about wear and tear? most inexperince buyers are not aware of this and now being taken advantage…and i thought Perodua already make alot of money..more money wont hurt but the lower income civil servants will…
July 31, 2007 @ 3:07 pm
Bagus Bank Rakyat..saya misti pilih..but 10 years loan for Viva..saya tak mau pilih…..
July 31, 2007 @ 4:51 pm
Since Proton announced their new sedan, I hear a lot of praise for Proton. It’s like time Perodua basher is slowly emerging now.
Proton basher already gone?
July 31, 2007 @ 5:21 pm
Its not about the car,but the but the 10 yrs bank loan…after agreements sign…thats it…
July 31, 2007 @ 6:31 pm
azrai said,
Since Proton announced their new sedan, I hear a lot of praise for Proton. It’s like time Perodua basher is slowly emerging now.
Proton basher already gone?
____________________________________________________
I guess I’ll give the new CEO benefit of the doubt.
July 31, 2007 @ 6:34 pm
Take into account that current automotive market is in sluggish mode, i think Viva sales is pretty reasonable at average 3K units/month but still could not outperform and beat it’s brother , the hottest cake in the market now.
Perodua expected that Viva sales will be more impressive than Myvi but it turns out differently. I think it’s time for Perodua to do their analysis and study against the market feedback before it becomes too late.
Regarding the scheme offered by the above mentioned parties, well no objection on that. I believe Malaysian consumers nowadays are wiser…so it’s up to you..
Proton is going to launch their latest Sedan soon. This is a very good and interesting indication . Perodua….you better wake up now…so that you won’t be whacked up later on.
July 31, 2007 @ 8:23 pm
perodua can’t sell viva d…
July 31, 2007 @ 8:46 pm
10 years finance then p2 better give 10 years warranty also. Also if 10 years don’t think second hand dealers want to take it even though if the loan is still not finished yet
July 31, 2007 @ 8:47 pm
Hrmm.. im ex perodua owner… well p2 has advantages in term of models & technology, but quality?? come onlah.. still poorlah… no much improvement i can see from vivas, price memang tak patutlah… i still remember they used plastic screws in some parts of my last kancil, i wudnt be suprise if they use it in viva too… come onlah many motorist r not stupid anymore nowdays.. i wudnt mind to spend RM40k for vivas but please la, give more value for money…. besi pun nipis aje… macam tin…worst than my late 2001 ex850.. p2, dont be too greedy la…
July 31, 2007 @ 9:26 pm
If sales still “Lembabbbbbb”, provide loan up to 15 years and introduce scrap policy. The moment finish the loan, then scrap the car?
July 31, 2007 @ 9:48 pm
it proves that myvi is still the best selling perodua model.
July 31, 2007 @ 10:23 pm
10 yrs loan ? how bout the interest?
10 yrs x interest = 40k?
who know?
bank rakyat making a fortune here.
July 31, 2007 @ 10:38 pm
Only malaysia can see the 10 years loan….man, it is just too long…
July 31, 2007 @ 11:31 pm
Say most of the car is 1.0L and the average price is RM 40K with full loan x 10 years.
Say the interest is 4.5%
Interest for 10 years = RM 40,000 x 4.5% x 10 years = RM 18,000
Total cost = RM 40K + RM 18K = RM 38K
Monthly installment for 100% financing is RM 38,000/120 month
= RM 316.67 per month.
With this arrangement, it is good strategy to attract low income group from civil servants since there is zero entry cost and low monthly installment! Ha, ha, ha, ……. see whether this marketing strategy will attract the civil servants??????? But nowaday consumers is well informed and looking for value for monies! Viva is way over price small compact car.
July 31, 2007 @ 11:56 pm
I’m sure there are people out there who are grateful about this.
For those who are in dire need of a car, your 3 kids don’t fit on a kapcai anymore, you feel so sad riding with your pregnant wife in the rain, but you don’t have much to spend, this could be a good news to you…
August 1, 2007 @ 12:07 am
Copy n paste
yaa.. mungkin jualan viva lebih baik dari sutera/savvy/suria tetapi mungkin tidak bolh menyaingi kelisa lama dan juga myvi dan diperakui oleh P2 salseman.. jualan tak seperti diharapkan/jangkakan
perodua meramalkan jualan 7000~8000 unit sebulan
1. Marketing strategy yg silap dari perodua…
Seperti mana kita tahu management perodua byk dipengaruhi oleh jepun ..
Di jepun mmg menjadi kebiasaan sesebuah pengeluar kereta mengeluarkan kereta baru setiap tahun atau 2 thn sekali.. malah dalam satu segment yg sama (Kei car) misalnya terdapat 2-3 model yg dikeluarkan dari pengeluar yg sama pada masa yg sama
Jadi perodua cuba menggunakan formula yg sama mengeluarkan rebadge car mereka dlm masa hanya beza 2 thn (myvi dan viva)
Tapi harus diingat, pasaran jepun terlalu besar.. mereka ada 120 juta penduduk
tapi diMalaysia kita ada 25juta… org tu la yg tengok bola.. org tu la yg tgk badminton.. org tu la yg tgk hoki
kebayankan pembeli sudah memiliki myvi , dgn harga dan segmen yg hampir sama… myvi adalah pencabar utama viva.
Viva lebih ditargetkan pada pemandu baru (budak baru kerja) atau 2nd car utk family atau org yg nak upgrade kelisa/kancil pada viva…tetapi kepadakan family ..kebanyakanmereka sudah memiliki myvi.. maka target utama hanya pada budak baru nak beli kereta… tetapi ekonomi negara tak elok sekarang.. pengangguran merata2.. agak sukar bagi budak2 baru nak beli viva yg dikata overprice…. pada org yg merancang nak upgrade kancil/kelisa ke viva.. mereka menghadapi masalah 2nd value yg terlalu rendah .. dan terpaksa memakai kereta lama mereka sampai langsai hutang.
2. persaingan dari pengeluar lain..
Dulu bila kenari 1.0cc dijual dgn harga lebih RM40k.. tiada sama yg komplen ttg harga mahal.. sebab ketika itu (10 thn lepas) tidak byk pesaing utk segmet kei/small car… tetapi sekarang.. bila viva dijual dgn hargaRM44k atau 660cc viva RM29k… ia dianggap mahal bagi sebuah kereta compat seperti viva…
dgn harga RM25~30k . pembeli boleh memiliki 2nd car yg lebih berkuasa seperti kelisa/savvy/sutera atau kenari…atau kereta baru seperti saga
dan dgn harga viva RM44k… pembeli lebih cenderung memiliki myvi /atos/picanto/savvy hi lineyg mempunyai cc dan rang cabin yg lebih luas..
3. kemampuan engine DVVt yg tak seperti diharapkan (over rated)
semasa Myvi dikeluarkan.. kebanyakan pembeli myvi membelinya kerana kepercayaan mana engine dvvt yg dianggap moden .penjualan myvi tinggi walaupun sebelum mereka pandu uji kereta … pendekata expectation mereka terlalu tinggi…. tetapi setelah 2 thn berada dipasaran.. komplen utama pengguna myi adala FC yg tinggi and performance yg tidak seperti diharapkan..
jadi bila kali ini viva dilengkapi dvvt /dohc atau apa pon engine yg dianggap moden… mereka lebih berhati2 dan expectation mereka tidaklah setinggi seperti mana bila myvi dilancarkan
August 1, 2007 @ 6:41 am
Why perodua interest so expensive, last time i bought was 3.7, people 1 or 2 percent only?
I will never buy perodua car anymore.
August 1, 2007 @ 6:47 am
Interest for 10 years = RM 40,000 x 4.5% x 10 years = RM 18,000
Total cost = RM 40K + RM 18K = RM 38K
Monthly installment for 100% financing is RM 38,000/120 month
= RM 316.67 per month.
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Shall be read as,
Total cost = RM 40K + RM 18K = RM 58K
Monthly installment for 100% financing is RM 58,000/120 month
= RM 483.33 per month.
Still consider “high” for low income group, especially those earn below RM 2K per month when factor in the fuel, maintenance, etc!
August 1, 2007 @ 7:43 am
480 per month (as hypothesized by BigFish) is still prohibitive for low income groups. After road tax, insurance and fuel, (and maybe maintenance in the later years) you could easily be looking at 700-800 per month.
The root of the problem is that cars are overpriced in this country.
Having long term loans are just band aid solutions. Its like tying to mend a gunshot wound with a “handyplast”. You are still probably going to die or suffer for a long long time.
Consumers have also got to wake up a bit and have some financial education. Do you really NEED a new car when a used car will still take you to and fro work?
August 1, 2007 @ 8:07 am
after 10 year paid … how much car value ?? 10k ~ 15k ?? no more loan ?? can’t sell anymore , buy with cash ??… suffer also ~ maybe Perodua got 5 new model already …. lol …
August 1, 2007 @ 8:33 am
anyone know how many vivas sold till today?
August 1, 2007 @ 10:01 am
obviously perodua having hard time to sell viva. although interest is low 3.3% but longer loan period will not benefit buyer. i guess it is not the right strategy. we all agree that viva is overpriced, perodua should revise the price. Now perodua being boycot by consumer instead of proton as ‘urged’ by bashers here some time ago.
the car is not bad.so, perodua!revise ur price asap. wake up now before you become protong episode 2
August 1, 2007 @ 10:07 am
perodua should learn their lesson. for their upcoming kembara replacement, it should be priced reasonably. below 60K. u guys agree?
August 1, 2007 @ 1:32 pm
Myvi did very well, but if Viva cant keep up the momentum..the bank says”I’m here to help u buy a car..even 10 years installment,no downpayment!..they never say anything like ‘I’ll hire gangsters to tarek your car if u dont pay..”
August 1, 2007 @ 5:49 pm
moto_moto said,
August 1, 2007 @ 10:07 am
perodua should learn their lesson. for their upcoming kembara replacement, it should be priced reasonably. below 60K. u guys agree?
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Kembara replacement shld be RM40K max
Viva shld be RM25k max
August 1, 2007 @ 6:55 pm
hm.. p2 sudah habis modal…
they did bring us their toughest challenger..which is MyVi..
sekarang, sudah ramai yang beli MyVi..semua orang sudah tau apa
keburukan , kudis2 dan panau pada MyVi.. tak kurang juga kelebihan yang ada pada MyVi..
Sekarang ni, P2 sudah keluarkan model Viva untuk replace Kancil..
Pada masa yang sama, Viva taklah murah sangat..
Proton juga ada segmen kereta bajet, iaitu SAGA LMST, RM27k only…
Now, P2 mungkin sudah habih modal, mereka keluarkan “keris” terlalu awal, sampaikan keris tu dah nak tumpul dah sekarang ni…
Tambahan pula, Proton is going to bring us their new born sedan.. Sedan is always a man’s car..P2 tak boleh keluarkan kereta sedan..itu sebab saya kata mereka sudah habis modal..
Kalaupun mereka akan ganti balik model Kembara, berapa ramai sangat rakyat Malaysia ni sukakan 4WD offroad??
Saya rasa, mereka sepatutnya ganti balik model perodua rusa..
Sudah tak banyak van baru yang dikeluarkan sekarang.. (atau P2 disekat supaya tidak produce van? takut kacau itu abang besar avanza sama innova? saya pun tak pasti)
Ura2 mengatakan Proton akan keluarkan MPV tidak lama lagi..
Saya rasa kalau kualitinya setaraf Honda/ Toyota, maybe rakyat Malaysia tidak kisah sekalipun harga cecah RM80k~100k…janji ada kualiti..
Tambahan pula dengan kewujudan Proton i-Care..surely proton akan improve banyak..
hm, agaknya P2 nak jual apa ya selepas Viva?
August 2, 2007 @ 1:08 am
quote
“hm, agaknya P2 nak jual apa ya selepas Viva?”
what i heard is they gonna make kenari replacement model, otherwise will be kembara replacement model.
August 2, 2007 @ 8:48 am
Most probably a Kembara replacement model
August 2, 2007 @ 8:54 am
BTW I think the Gov. should educate people how an engine works, instead of relying on DOHC is better than SOHC, bla bla bla….. before bashers comeout like grass on a lawn
August 2, 2007 @ 11:04 am
dzat46 said,
August 1, 2007 @ 5:49 pm
Kembara replacement shld be RM40K max
Viva shld be RM25k max
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Looks like you are still dreaming.. We are not like other country. unless the price that u are stated above is base on Langkawi/labuan price(no tax).
Even the current kembara with 1.3cc priced at 50K+. the replacement is said to be 1.5cc and bigger. 40K for the kembara replacement?naaa…..
September 13, 2007 @ 5:03 pm
viva not selling? mmg la.. design wise boring, no new things to excite us. kesian p2.. i pity them
kesian p1 psl slalu kena kutuk.. ahaha
but in this scenario i dun think p2 is losing out, i mean just assemble the car is not as costly as designing+manufacturing a car from scratch like p1 did. all they have to do is ask big bro (toyota/daihatsu) for another model to assemble je laa.. no problemo