Budi Madani – luxury diesel vehicles 10 years or older will be considered for assistance: finance minister II

Budi Madani – luxury diesel vehicles 10 years or older will be considered for assistance: finance minister II

Diesel-powered luxury vehicles which are 10 years of age or older will be considered for the Budi Madani subsidy assistance programme, finance minister II Datuk Seri Amir Hamzah Azizan has said. The ministry of finance will soon issue the list of vehicles classified as luxury vehicles under the Budi Madani programme, Bernama reported.

“Even though [they are] classified as luxury vehicles, if these vehicles are ‘sick’ after more than 10 years, they may be considered [for subsidy], Amir Hamzah said, adding that the announcement on whether the price of diesel will be floated will be made at an appropriate time.

“Give us time because we don’t want speculation that will cause ‘hoarding’ activities or misappropriation of diesel, the minister said.

Budi Madani was announced on May 27 for private owners of diesel-powered vehicles and agriculture smallholders in Peninsular Malaysia, with applications opened on May 28.

However, applicants will need to apply for either Budi Madani or the subsidised diesel control system 2.0 (SKDS 2.0) programme, which is intended for companies, but not both, according to minister of domestic trade and cost of living Datuk Armizan Mohd Ali.

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Mick Chan

Open roads and closed circuits hold great allure for Mick Chan. Driving heaven to him is exercising a playful chassis on twisty paths; prizes ergonomics and involvement over gadgetry. Spent three years at a motoring newspaper and short stint with a magazine prior to joining this website.

 

Comments

  • Maha kaya on Jun 05, 2024 at 10:39 am

    My old f30 320d msport qualifies!

    Like or Dislike: Thumb up 2 Thumb down 0
  • ahbeng on Jun 05, 2024 at 10:39 am

    People who can afford such luxury vehicles dont need subsidised fuel lar.

    Like or Dislike: Thumb up 2 Thumb down 1
  • Ben Yap on Jun 05, 2024 at 10:45 am

    just end the life of cars above 10 years old.

    Like or Dislike: Thumb up 0 Thumb down 5
  • Nurul Izzah on Jun 05, 2024 at 11:02 am

    Anwar menang rakyat senang

    Like or Dislike: Thumb up 2 Thumb down 1
  • Based on the previous article, some logistic companies are entitle to have this budi madani. Does this count as per vehicle or per company? If it is per vehicle, then definitely the logistic companies that are entitle sure untung. They can buy more fleet, and rotate to get the most out of the subsidy. HUGE loophole.

    Like or Dislike: Thumb up 2 Thumb down 0
    • I don’t think this can exceed the money spend on other things like fuel, car depreciation, and etc. For RM200/month, you can only have 200L of subsidise fuel, they deplete the quota in 1 week.

      Like or Dislike: Thumb up 1 Thumb down 0
    • math genius on Jun 08, 2024 at 2:46 pm

      purchase 50k per vehicle to get rm200 monthly subsidy.

      Like or Dislike: Thumb up 0 Thumb down 0
  • Kalau kereta mewah dah dlm senarai, apatah lagi pickup truck yg lain berumur? Kerajaan Memang suka buat cadangan yg tak pragmatic, buat rakyat tak yakin langsung.

    Like or Dislike: Thumb up 5 Thumb down 0
  • Honga on Jun 05, 2024 at 3:21 pm

    Please do not speculate seems to be the trendy word nowadays. Having a thought is not healthy it’s seems ..

    Like or Dislike: Thumb up 1 Thumb down 0
  • Oldhorse on Jun 05, 2024 at 8:20 pm

    Terbaik kjaan perpaduan. my old diesel powered Mercedes E300 BlueTEC qualifies :))

    Like or Dislike: Thumb up 1 Thumb down 0
  • hazri on Jun 06, 2024 at 12:56 am

    this show gov is considerate. if you buy or have 10 years and older car, the market price is like you buy new myvi or ativa. the man who have dream to own a conti car but just afford to buy 10 years and older car, we just embrace. no hate feeling. not just buying for the badge, some of 10 years and older car have better technology and safety than new car.

    Like or Dislike: Thumb up 1 Thumb down 0
  • RM1.50/L petrol mana? on Jun 06, 2024 at 9:24 am

    As above.
    PH Gomen continue to troll millions of Msians

    Like or Dislike: Thumb up 2 Thumb down 0
  • pengayuhbasikal on Jun 06, 2024 at 11:04 am

    rasa mcm kena scam jer… pengguna petrol juga yang sengsara…

    Like or Dislike: Thumb up 1 Thumb down 0
 

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