It’s T-minus one day to the tabling of Budget 2015. The Malaysian Automotive Association (MAA) has expressed their wishes; now it’s Perodua’s turn. The Rawang-based carmaker hopes car financing will be made easier for buyers, reports The Malaysian Insider.
“The average (car loan) rejection rate is 28%. At one stage it was at 35%,” TMI quoted Perodua president and CEO Datuk Aminar Rashid Salleh as saying.
“On the one hand, the government encourages people to use quality affordable vehicles, and while we respect the policy of the central bank, we hope it does not get too strict on those who meet the requirements.”
Aminar hopes the government will make things easier for first-car buyers, particularly those who live in areas where efficient public transport is not available. “They need to have their own transport… we hope to provide a solution to that,” he told the publication.
Apart from that, Aminar also expressed his concerns about rising living costs amidst the dawn of the implementation of the Goods and Services Tax (GST). GST is scheduled to take effect next April.
Last week, Malaysia Automotive Institute (MAI) CEO Madani Sahari said that Budget 2015’s auto-related matters are likely to align themselves with NAP 2014’s aspirations. Budget 2015 is also expected to yield a list of zero-rated or tax-exempted items with respect to the upcoming GST – will our petrol and diesel be GST-ed?
Perodua Traz
from RM76,100 
Perodua QV-E
from RM69,999 
Perodua Axia
from RM38,600 
Perodua Alza
from RM62,500 
Perodua Myvi
from RM46,500 
Perodua Ativa
from RM62,500 
Perodua Bezza
from RM34,580 
Perodua Aruz
from RM72,900 
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AI-generated Summary ✨
Comments reflect strong opinions on easier car financing, with some supporting it for aiding low-income buyers, while others criticize it for promoting unnecessary debt and sacrificing safety for profit. Many express frustration about high car prices, taxes, and perceived corporate greed, especially concerning Perodua’s focus on profit and limited safety features. Concerns about long loan tenures, household debt, and government taxes are prevalent, alongside skepticism about true affordability and the impact on traffic congestion.