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Pakatan to table radical solution to reduce car taxes?
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<blockquote data-quote="fabianyee" data-source="post: 487669" data-attributes="member: 6"><p>Yes. Any drastic reduction in new car prices will have drastic effects on the car market... </p><p>Used car prices will tumble in accordance to the new car prices... when that happened, u're stuck with the current car bcos to sell it, u have to lose a big chunk or even top up the remainder loan amount to sell the car... So when nobody can sell their cars, how to buy new cars???? Only those without a car will benefit from lower new car prices... </p><p></p><p>It's not as easy as ABC to simply reduce prices for new cars... sigh....</p><p></p><p>I supposed the next best thing is to revamp the road tax structure.....</p></blockquote><p></p>
[QUOTE="fabianyee, post: 487669, member: 6"] Yes. Any drastic reduction in new car prices will have drastic effects on the car market... Used car prices will tumble in accordance to the new car prices... when that happened, u're stuck with the current car bcos to sell it, u have to lose a big chunk or even top up the remainder loan amount to sell the car... So when nobody can sell their cars, how to buy new cars???? Only those without a car will benefit from lower new car prices... It's not as easy as ABC to simply reduce prices for new cars... sigh.... I supposed the next best thing is to revamp the road tax structure..... [/QUOTE]
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