[V406198]

saying is one thing..doing is another...still not sure how the govt going to implement this and at the same time to protect the national car industry.. reducing the price means reducing the profit margin to manufacturer of car parts, assembler, logistics, the whole damm supply chain.. (and govt as well due to the tax system).. just wait and see..

so stop buying new car from now on...until after 5 years down the road then enjoy the benefit of lower price car...but by then most likely the petrol price might not be benefit with goverm subsidize anymore..

[Breadman]

The main culprits for high car prices are:

1) Excise duty
You know the @#$% rates.

2) Gomen approved net selling price
Wtf is this? Can I not sell at a lower price? Shouldn't car prices be dictated by market forces? Why must some civil servant decide at what price distributors should sell their cars? Imported car distributors are not complaining. It only enable them to make a higher profit. You can see from their year end sales offers. Some of the discounts are as high as five figures. Do you think they sell at a loss?

Import duty is already low in compliance with the various free trade agreements. So, for car prices to go down excise duty must be lowered. And car distributors' profit margin too. They are having a bloody good time at consumers' expense all these years.

[hmckl]

Has anyone got any insider news on whether prices will drop after GST implementation? Logically speaking, prices should drop right?

[flee]

Now they will give the excuse that RM is 3.50 to the USD and there is no room for price cuts. Costs are very challenging!