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Message: <blockquote data-quote="tombstone" data-source="post: 487658" data-attributes="member: 3056">they wont be able to drastically reduce new car taxes as what will happen to the present cars already on the road?..everybody will suffer a significant hit where by loans will be way way higher than the "market value"..probably what they will do would be exactly like what was done in 2006 where they reduced the tariff for passenger cars which in matter of fact caused a lot of used cars companies losses of million$ till many went bust. but its a step forward to reduce car prices...only in malaysia a car cost more than an average house. How crazy is that???</blockquote>