Impact of fuel hike on Car Value/Car Price?

[devilsadvocate]

With the huge increase in petrol price + electricity tariff and the after effect of the two i.e increased cost of transportation resulting in increased cost of fod and other goods etc with the net effect of a much higher cost of living - do you reckon we are going to see a plunge in the >2000cc car market?

 

[3CI]

I think mostly effected will be 2500cc above .. SIgh ..

 

[3CI]

I think mostly effected will be 2500cc above .. SIgh ..

oopss.. i saw another tread for the subsidy ..i think mostly effected are 2000> above..

p/s: If this is true, means that our car become value liao ... < i mean below 2000- 319/318/316 >

 

[KennyG]

There will be a drop in second hand car prices. Those above 2000cc will definitly be affected as these buyers are looking at 3 to 4 years old car and are sensitive to pricing.

 

[mafia]

ouch ouch ouch.. shud have jus bot a 520 la!..

 

[Ramoura]

There will be a drop in second hand car prices. Those above 2000cc will definitly be affected as these buyers are looking at 3 to 4 years old car and are sensitive to pricing.

..Yep. Talk to good friend from used car business line. He said car above 3000cc is now ..."DEAD!!" Can't sell!! Price drop like hell. So by a quarter or half from now....recent Nissan Fairlady cost will meet the price of E46 318 ci!!!
But Nissan is Nissan la & BMW is sheer driving pleasure.:top:

 

[astroboy]

I don't think so. The current price spread is pretty justifiable with all the added features.

I would guess now the 2L car would move up to match the higher end price, of course with added features la.

 

[ALBundy]

There was a good program on CNN-Lifestyle (I think) which highlighted this phenomenon in the states. Prices for used cars and trucks with high capacity engines were plummeting more than 50% (less than 2 years old) and people opted to trade in these cars for fuel efficient ones.

However, from the economics of it, current car owners will be better off sticking with whatever they have (instead of trading in the current ride and buying a smaller capacity car) and should instead try to improve their driving habits and drive sensibly, whenever possible.

Cheers

 

[meanguy]

Not only the car sector will slow down. Infact everything will be on a stand still at the moment....everyone or every industry will think of the best possible way "welcome" this fuel price hike. It will just be temporary....soon the ppl will forget/overcome and everything will back to normal. Human being hate changes but then again................ Life must go on ma!!!!!

 

[anaksarawak]

Guess.. the change has started.

I see myself on the LRT today as I'll be in the office the whole day today.

 

[planta]

tire prices is expected to increase.... soon
I am buying 1 set of 17 inch and 2 pc of 18 inch today before it goes up.
Was planning to buy it next month...had to pull in.

What else to buy?

planta

 

[Jerman]

Despite the increasing fuel price since 2004 but the vehicles sales are still growing.

 

[QD250]

tire prices is expected to increase.... soon
I am buying 1 set of 17 inch and 2 pc of 18 inch today before it goes up.
Was planning to buy it next month...had to pull in.

What else to buy?

planta

Bro,

I got a set of 15's.....

heheheheheheh :wink::wink:

 

[JoeYazid]

tire prices is expected to increase.... soon
I am buying 1 set of 17 inch and 2 pc of 18 inch today before it goes up.
Was planning to buy it next month...had to pull in.

What else to buy?

planta

Bro, 'sabar itu separuh dari Iman' ..... don't buy the tyre now ... WAIT ... the price is going to decrease .... soon .... :top:

 

[flash]

Yup, guess which car I will be using for work from now on?

Guess.. the change has started.

I see myself on the LRT today as I'll be in the office the whole day today.

 

[anaksarawak]

Use your "Citi - City 1.5EZi" most economy among all your cars

Yup, guess which car I will be using for work from now on?

 

[davidtch]

Tis is a crazy idea!!

Kaya ppl can buy tis ka Tesla Motor. It cost US$102k. 0 - 100km in 3.9 sec. 248hp & 271nm torque (0 - 6k RPM). It is an Electric Vehicle. 220 miles btw charge. :top:no road tax.

Bad news is YOM 2008 is sold out.

 

[hamann18]

Yup, guess which car I will be using for work from now on?

EX-5 is the best answer. Hidup rempit. :thefinger:

 

[ramsing]

met the owner of Tesla. to book car, all u need is USD5k for booking fee. but for 2008 models, its USd50k and only limited left, and some lucky owners might be given chance to buy shares in d co.

i wonder if any m'sian bought one yet. saw the car, its like a comfy elise on electricity. but i'd still take a m3 over it

Tis is a crazy idea!!

Kaya ppl can buy tis ka Tesla Motor. It cost US$102k. 0 - 100km in 3.9 sec. 248hp & 271nm torque (0 - 6k RPM). It is an Electric Vehicle. 220 miles btw charge. :top:no road tax.

Bad news is YOM 2008 is sold out.

 

[Traveler]

met the owner of Tesla. to book car, all u need is USD5k for booking fee. but for 2008 models, its USd50k and only limited left, and some lucky owners might be given chance to buy shares in d co.

i wonder if any m'sian bought one yet. saw the car, its like a comfy elise on electricity. but i'd still take a m3 over it

Was just reading the Tesla website. It seems that the Tesla is assembled by Lotus in the UK, and Lotus Engineering provides some design/engineering services to Tesla. How I wish we can get to see such cars here in Malaysia without our exorbitant taxes. At USD109k for the base model, it's around the price of a heavily-taxed Malaysian 325i Sports. Our government should reward owners of fuel-efficient and "green" vehicles and not punish them (Civic Hybrid at around RM168k vs "regular" Civic around RM100-120k :stupid.