As revealed earlier this week, Perodua’s Pre-Owned Vehicles (POV) retail business is now up and running with the opening of the first POV showroom along Jalan Pahang in Kuala Lumpur. The RM1.7 million outlet, officially called Perodua KL, sells both new and pre-owned cars.

Like Toyota Topmark and BMW Premium Selection, Perodua POV’s cars come with assurances that one does not get from a regular used car dealer. Peace of mind is the main selling point here, and the cars sold come with up to 18 months of extended warranty (for the engine and transmission). The cars have been refurbished and given a 165-point check by Perodua, also to ensure the car is “free from body cut and join”.

Perodua says that there are no hidden charges involved, and Perodua Total Protect comprehensive insurance coverage and auto assist is available.

We paid the showroom a visit yesterday (gallery below) and saw Myvis, Axias and Vivas on sale. Two units of the Myvi 1.3X from 2015 were advertised for RM36,500, and there were some base spec cars for basic motoring – a 2014 Viva 660 EX manual for RM15,500 and a “driving school spec” 2014 Axia 1.0E for RM19,000.

Those looking for refurbished kei cars such as the Kelisa and Kenari will have to look elsewhere – POV absorbs cars that are up to seven years old, as vehicles older than are harder to refurbish for resale.

Only Perodua cars will flow back into the POV business – other makes traded in will continue to be wholesaled to used car dealers, as practised since 2013. Perodua president and CEO Datuk Aminar Rashid Salleh previously told that the establishment of POV will help Perodua have some form of control over resale values. It will also serve as an alternative to new car customers in challenging economic times.

“We understand that cars are still needed to get around yet many are unable to own one. Our pre-owned vehicle business offers affordable cars with extended warranty for selected vehicles,” said Perodua Sales MD Datuk Dr Zahari Husin.

The Malaysian auto market leader has been planning this for quite some time now. The original plan was for POV to kick off in the final quarter of 2015, before the launch was delayed to 2016. Perodua bosses have cited the challenges of securing an appropriate location as the reason for the delay.

GALLERY: Perodua POV showroom at Jalan Pahang, KL