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Why are second hand cars in Malaysia so expensive?
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<blockquote data-quote="ixeo" data-source="post: 1063818442" data-attributes="member: 14889"><p>first off i would like to set the tone of my response. I do not mean to be hostile, and I apologize beforehand if my message would appear that way, as we are just here to state our own views.</p><p></p><p>Unless you have numbers to back the fact of R32 demand > supply, your argument does not hold water as I have already shown links of suppliers with stock of R32 GTR going for USD$7000 and up, with most averaging about USD$9000. That's equivalent of ~MYR$27000. How is that rare? Stocks are readily available parked in a warehouse somewhere begging for you to buy them. Try and find ready stock for the NEO R3 Racing Lotus! </p><p></p><p>I have defined RARE 3 times in this thread.</p><p>A car is either rare because it is limited production, e.g. NEO R3 Racing Lotus, GTR32 N1 etc. </p><p>-OR-</p><p>Rare in Malaysia because not many here, but that does not make it a rare car!</p><p></p><p>BNR32 is dime a dozen. Limited runs like the N1 series then yes, its a different story, similar to a NEO R3 Racing Lotus. To answer the original question, second hand cars are expensive because the purchase price is expensive, or its really a rare limited production unit. and all that is due to the APs.</p><p></p><p></p><p></p><p>Nobody is arguing, are you? Without AP, BNR32 is cheap as chips.</p><p></p><p>Since you say it takes one to appreciate rarity, tell me, what's so rare about a standard BNR32? Actually we both agree on the same point really, demand plays an important role, so assuming demand of BNR32 is more than supply of BNR32 in Malaysia, then yes it demands a high price. HOWEVER, supply for BNR32 in Malaysia is rare due to... ding ding ding.. the mighty AP!</p><p></p><p>N1 BNR32 is rare, bog standard BNR32 is not. What's your point? I found lots of BNR32 for cheap, averaging USD$9000. But we can't bring it in Malaysia due to AP, unless its for track and show duties.</p><p></p><p>Highly sought after rare cars do demand high prices, CORRECT.</p><p></p><p>But a BNR32 is not a highly sought after rare car -- stocks are readily available for export from Japan, and it is by no means rare, but it demands high prices simply because of the AP. Thrash the AP and the BNR32 would be so common, MYR$27000 + 100% tax = MYR$54000</p><p></p><p>For the ease of discussion, I shall summarize my points, feel free for rebuttals based on the following:</p><p></p><p>1. Second hand cars are expensive in Malaysia due to APs, as we are unable to import cars even if we pay the tax. e.g. UK RX-8 ~RM25,000 + 100% tax = RM50,000</p><p>2. Owners/Sellers are selling it at a premium because of point 1 -- you can't import one yourself and they try to position their cars as "Rare Cars in Malaysia" although the car is not rare at all, for example a standard BNR32, RX-7 etc.</p><p>3. The definition of RARE in the context of THIS discussion can either be (a) the car itself is limited production OR (b) the car is uncommon in Malaysia e.g. BNR32, Holden Monaro etc.</p><p>4. Some second hand cars are indeed rare limited production units and rare in Malaysia, one recent example is the Lamborghini LP 550-2 Balboni, 250 units only.</p><p></p><p>that's it! <img src="https://zerotohundred.com/forums/styles/default/xenforo/smilies/biggrin.gif" class="smilie" loading="lazy" alt=":biggrin:" title="Biggrin :biggrin:" data-shortname=":biggrin:" /><span style="color: Silver"></span></p><p><span style="color: Silver"></span></p><p><span style="color: Silver"><span style="font-size: 9px">---------- Post added at 05:09 PM ---------- 6 hour anti-bump limit - Previous post was at 05:06 PM ----------</span></span></p><p><span style="color: Silver"></span></p><p><span style="color: Silver"></span>Regarding the points about Governments & oppositions. I think its a moot point to debate it here. Go out and vote when the time comes and make it count.</p><p></p><p>No point discussing here because either G or opposition, we won't know how it will affect APs and the auto industry anyway, unless one of you guys is a high ranking member of the G or the opposition. Better to keep ZTH clear of anything political.</p></blockquote><p></p>
[QUOTE="ixeo, post: 1063818442, member: 14889"] first off i would like to set the tone of my response. I do not mean to be hostile, and I apologize beforehand if my message would appear that way, as we are just here to state our own views. Unless you have numbers to back the fact of R32 demand > supply, your argument does not hold water as I have already shown links of suppliers with stock of R32 GTR going for USD$7000 and up, with most averaging about USD$9000. That's equivalent of ~MYR$27000. How is that rare? Stocks are readily available parked in a warehouse somewhere begging for you to buy them. Try and find ready stock for the NEO R3 Racing Lotus! I have defined RARE 3 times in this thread. A car is either rare because it is limited production, e.g. NEO R3 Racing Lotus, GTR32 N1 etc. -OR- Rare in Malaysia because not many here, but that does not make it a rare car! BNR32 is dime a dozen. Limited runs like the N1 series then yes, its a different story, similar to a NEO R3 Racing Lotus. To answer the original question, second hand cars are expensive because the purchase price is expensive, or its really a rare limited production unit. and all that is due to the APs. Nobody is arguing, are you? Without AP, BNR32 is cheap as chips. Since you say it takes one to appreciate rarity, tell me, what's so rare about a standard BNR32? Actually we both agree on the same point really, demand plays an important role, so assuming demand of BNR32 is more than supply of BNR32 in Malaysia, then yes it demands a high price. HOWEVER, supply for BNR32 in Malaysia is rare due to... ding ding ding.. the mighty AP! N1 BNR32 is rare, bog standard BNR32 is not. What's your point? I found lots of BNR32 for cheap, averaging USD$9000. But we can't bring it in Malaysia due to AP, unless its for track and show duties. Highly sought after rare cars do demand high prices, CORRECT. But a BNR32 is not a highly sought after rare car -- stocks are readily available for export from Japan, and it is by no means rare, but it demands high prices simply because of the AP. Thrash the AP and the BNR32 would be so common, MYR$27000 + 100% tax = MYR$54000 For the ease of discussion, I shall summarize my points, feel free for rebuttals based on the following: 1. Second hand cars are expensive in Malaysia due to APs, as we are unable to import cars even if we pay the tax. e.g. UK RX-8 ~RM25,000 + 100% tax = RM50,000 2. Owners/Sellers are selling it at a premium because of point 1 -- you can't import one yourself and they try to position their cars as "Rare Cars in Malaysia" although the car is not rare at all, for example a standard BNR32, RX-7 etc. 3. The definition of RARE in the context of THIS discussion can either be (a) the car itself is limited production OR (b) the car is uncommon in Malaysia e.g. BNR32, Holden Monaro etc. 4. Some second hand cars are indeed rare limited production units and rare in Malaysia, one recent example is the Lamborghini LP 550-2 Balboni, 250 units only. that's it! :biggrin:[COLOR="Silver"] [SIZE=1]---------- Post added at 05:09 PM ---------- 6 hour anti-bump limit - Previous post was at 05:06 PM ----------[/SIZE] [/COLOR]Regarding the points about Governments & oppositions. I think its a moot point to debate it here. Go out and vote when the time comes and make it count. No point discussing here because either G or opposition, we won't know how it will affect APs and the auto industry anyway, unless one of you guys is a high ranking member of the G or the opposition. Better to keep ZTH clear of anything political. [/QUOTE]
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Why are second hand cars in Malaysia so expensive?