The car consumer environment has changed both from good to worse and worse to good. Tax exemptions on certain car models and waivers by various governments have characterized this year. Again, due to the decline in demand for new cars, the majority of auto manufacturers are offering huge discounts and manufacturing cheaper cars. It’s for these reasons everyone should include a car in this year’s shopping list.
To start with, the price of Mitsubishi Xpander with 0% SST will extend until 30th June 2021. The list of car models with similar tax exemptions and cash offers/ bonuses is endless. 2021 Hyundai Tucson, 2021 Toyota Venza and 2021 Toyota C-HR shouldn’t miss in your shopping list as there is a lot to benefit from.
Reasons You Should Buy a Car This Year:
If there is anything that would save you a coin, you should go for it. Besides monetary benefits, the extra features in limited editions already in the market are worth going for.
1. Seasonal Promotions:
Automotive companies are utilizing every car marketing technique to push up their sales. After a year of low car sales not only in Malaysia, Indonesia or the USA, the majority of auto dealers and manufacturers are using seasonal promotions in an attempt to increase sales.
This is usually happening during the launch of new variants or models. And as we wait for more new cars to be introduced into the market before the year ends, you should be prepared to grab any opportunity that comes with it. With some dealers and manufacturers offering cash rebates of up to RM 5,000 for a limited time, this should be your best period to buy a new car.
2. Friendly financing plans:
Other than low auto interest rates on initial offers, the period of loan repayment can save you a lot of money if well negotiated. To attract more buyers, auto dealers are more open than ever to negotiate loan payment options and the repayment period.
This is the year most car financiers have openly admitted to lowering their interest rates as opposed to before. Car dealers have simplified their loan financing process.
3. New car models and variants:
From January, almost every auto manufacturer has released either a new model or a variant. These new cars are equipped with the latest technologies and features. If you manage to find a new variant on limited edition, it shouldn’t miss in your shopping list.
By taking advantage of the low interest rates, you can buy the latest models in the market today or wait for the day they’ll be launched.
4. End-of the-year deals:
Just like any other festival period, auto dealers usually come up with many offers at the end of each year. This is the year we all expect the most amazing end-of-the-year deals. This would include bonuses, an extended warranty period and special discounts.
Auto manufacturers like General Motor, Ford, Hyundai, Honda and Nissan shall have as many offers as the dealers. And this is why everyone should include a car in this year’s shopping list.
