My 2016 Proton Persona lost RM20k RV in just a year -

[@yalahmedia]

looks like newer Personas not suffering from such a large amount of depreciation

[@KonWaiLuen]

Better car mah. Haha.

[@hazizilamsin]

I understand the market for Proton, the resale value for proton will drop more than 20% if im not mistake. Your bonus question it is really interesting. Im prefer Brand New Car (factory smell is important and Warranty from the factory). Even thow the market value will drop more than 20%. Im not prefer Pre Reg/Demo Car althought the company say it has warranty, but the car they had use it before. I like the way youre making videos because youre Remind and Telling. Anyway thanks for the video. All the best.

[@hazizilamsin]

Last question for you, are you proud too be one of Proton car owner and support proton?

[@KonWaiLuen]

I'm proud of my cars, yes, but I much prefer driving the Waja than the Persona la. Haha.

[@hazizilamsin]

Kon Wai Luen thanks for your respons.

[@KonWaiLuen]

Azizi Trend thanks for watching!

[@hazizilamsin]

Kon Wai Luen your most welcome bro.

[@ansonphan7060]

Nice video bro. I want to ask does persona premium 2016 have window auto down and up at the driver side?

[@KonWaiLuen]

Yes got

[@Qibai]

That's what i thought when i was about to purchase my first car.. Bought a 5 year old 1st gen proton persona at a bargain with good condition! It's as comfy as a vios, as spacious as any other sedan car and most importantly, not expensive to maintain so that i can save up for a house

[@KonWaiLuen]

Always good to see people happy with their purchases. Saving up for that house is a good thought.

[@gokusupersaiya8067]

yup, proton car sparepart cheap rather than Japan or German (hitler) car.

[@NokiaHumanForm]

And most importantly the persona drives better than the vios

[@nelsonZK]

Proton still has 2014, 2015, 2016 'new' cars at their stockyard, and giving heavy discount to potential buyers. Used cars dealers may have to factor in this and to have a marginal price cut from these cars, otherwise people will by 'new' cars than a used unit. Also, financial institution no doubt had removed once higher interest rates for national cars, somehow they still need to work out the similar profit margin for their investors, they will need some quota in place for loan facilities for this group of buyers, while allocating loan to high yield sector. These also directly affect potential used car buyers to get a loan easily. Be a smart consumers, buy car only if you can afford it cash or only take 50% loan on the car. If cant afford, stick to the current car. Except Sales, if the car is just a 9-5 tool for your work. Taking Grab/Uber/LRT is still much cheaper than average car monthly installment. No roadtax, no maintenance, no petrol. no insurance required.

[@KonWaiLuen]

Used car dealers themselves are feeling the heat too and they face the pressure of taking in stocks that rapidly lose value by the day.

[@zahemi914]

I totally agree with you.. I wish i watched yr video earlier. After owning a persona for 7 mnths, i wish i could sell it today, but again, like u said, rugi banyak... No complaints on the things u mentioned, just, it consumes petrol rather fast.... Giving the car is just for daily commute to work, rather buy pucanto or axia.

[@xiper86]

buying second hand car does make sense, the first owner definitely suffers the biggest depreciation. That is ofcuz if you are prepared with some spare money for some maintenance, and also make a thorough checking on the car condition before buying it. Buying a 1-2 year old car means you will still enjoy the factory warranty (if it is still intact).

[@KonWaiLuen]

Sparing money for some initial repairs is a given.

[@diongdavid1926]

Personal opinion, if i had to go for a new car, i would look for one that has a nice, steep discount. Yes it may be a car that has been sitting in the stockyard for a year or two, and yes, its an old model usually. But then again, you get the full warranty regime for the price of a pre-owned car. That said, pre-owned cars are also one alot of people should look at. During my uni days back in 2011, i got a 2009 Matrix for 45k, with just 9k miles on the clock from Sime Darby Hyundai, whilst theyre clearing their company fleets. A brand new one would set one back 70k list price, mind you. Despite some niggles that couldve been avoided, the car still runs like the day i got it. Totally no regrets, saving easily 30% off the list. As for used cars, without a doubt they can be a problem pit for the uninitiated, but, if done properly, one can score a bargain. And at the same time they should have a trusty mechanic who would know how to keep the car in tip-top condition without screwing up their bank accounts. That's what i did when i bought another cold-door car. Major parts, serviced outside at reputable third party workshops to avoid crazy part costs at official service centres, which is where i would still send my car for regular services. And like how one commentator said, if one is to buy certain Jap brands, buy them new. As a used one fetches ridiculous prices, to which makes me wonder, who in the right mind is foolish enough to part top dollar for a used Japanese B-segment thats easily 3 years old, when they could just get say, a Persona like Kon's, for almost the same price, box fresh, and with a full warranty as well? Does boggle me sometimes, but then again, there are takers for such things.

[@KonWaiLuen]

Well-considered opinion. Pre-owned channels like BMW Premium Selection, Mazda Anshin, Perodua POV are fertile hunting grounds for good low mileage bargains.

[@diongdavid1926]

Kon Wai Luen yes the ones you mention are good ones, but somewhat i feel at times, the prices on offer does not match the age of the car. Like, i saw some cars, used for about a year, only dropped like 10-20% max at most. Definitely not a value buy. Such is the example of some Civic FCs i saw on Mudah. A 1.5TC, the non premium, being sold for 110k, whereas brand new would be about 127k, and its less than a year old? I would literally tell that seller to chop it to 95k, give or take and its done deal. 110k, i would rather get a box fresh Civic 1.8S, and enjoy the new car smell, simply because the savings arent justified. As for BMW Premium Selection, a pre reg car would usually be 10% off list price, with a running plate, and 1000kms (used by BPS staff), but the age of the car depends.

[@dannyleogy]

I was close to getting a persona premium this year. And then beofre i placed the order for the persona, i browsed carlist for a similarly priced used car. Factoring in depreciation that i might incur for using the car for 5-7 years i ended up buying a 2014 Honda City E spec for the same price as a new persona

[@KonWaiLuen]

How are you liking the car?

[@dannyleogy]

Its good for the price (comfort, nvh) but it lacks the handaling chacatistcs of the persona. I need to add two bars to make the car more planted for high speed crusing. Maintenance wise it needs to be sent in every 5k (i only found this out after purchasing the car) so the persona would be better in this aspect as proton is offering free mantiance up to 100k kms

[@KonWaiLuen]

Good handling still matters to me, which is why I wasn't 100 percent keen on a Japanese B-segment sedan. I missed out on the free maintenance package though, bought the car at the wrong time. That being said, the City is perhaps the best-rounded B-segment car in the market. Question though, since you're already buying used, why not the top spec City?

[@dannyleogy]

Kon Wai Luen its one generation before the current city , the one with 5 speed tourqe converter. Im a manual driver before this so the paddle shifters caught my attention. Im not used to the feel of a cvt car (yet) 😂

[@ZephWong]

awesome topic, subscribed.

[@KonWaiLuen]

Thanks for watching and subscribing!

[@abdullahalhakiemzainuddin842]

agreed totally awesome topic

[@BobbyAngmalaysia]

This is the current market scenario not exclusive to Proton. Imagine you are a second hand car dealer. Your cars cant move, your lot is full. A car that's supposed to be RM55k in used aelling price was coming to you for a trade in. Instead of taking it in at rm45k, you already have trouble selling your current cars. So you lowball the seller thinking (if you're stupid you sell to me lo, i dont mind you walk off) and then say "RM30k". At that moment, if the owner agrees, he himself dropped his car's value. If he walks off and uploads it onto Carlist himself, it would still be RM55k.

[@benjaminmullan8853]

Bobby Ang yes bobby. I like ur comments. I follow ur channel ever since seing u review cars in Malaysia and also ur toughts about “buying a semi-D or a bentley?” in a forum by autobuzz. Well talking back on this topic, in Malaysia looks like there no standards of selling price set by an authority for a pre-owned cars. Everyone jz based on carlist or mudah to set their selling value of the cars. In addition, there is tons of used car in tge market with a low price and may affect the new cars in the market. Anyway, i still like bobby’s idea of concept owning a car. Treat is like using a shoes, it gives u comfort and takes u every where u wanna go.

[@KonWaiLuen]

Bobby Ang that's correct. Question for the seller is do it yourself and get more money, or settle for less in the name of offloading the hassle.

[@xiper86]

Bobby loves Panamera over a semi-D btw...

[@BobbyAngmalaysia]

Actually no one has better knowledge than the marketplace - or the creators of the marketplace themselves. Banks and insurance companies actually appoint agencies to provide them with book values. Guess where the prices came from? By aggregating Carlist and Mudah prices. I remember when i was planning asean car of the year with a depreciation scoring, i asked insurance companies and bankers where they got their data - they say "Carlist, Motortrader and Mudah lo" then i ask "you hire agencies right? they employ a bunch of people to aggregate and find a median value?" then they say yes. Then i told them "do you know that if you create an account with carlist as a car dealer, you can have all these data immediately when you wanna list a car?" they go "........ **wide eyed mouth gaping** LOL

[@KonWaiLuen]

Hahaha. Yes!

[@ngyc6294]

Just for sharing. My family starting from my dad has never bought a new car (6 till today), with one of the reasons being that the initial 5 year depreciation is a hard pill to swallow. Nonetheless when discussing with people around me that bought new vehicles, I noticed most came down to 2 main reasons for buying new, 1. They didn't have sufficient cash (to buy fully cash or as a deposit), 2. Very concerned about getting a faulty used car with loads of future repairs

[@KonWaiLuen]

ng yc good point on cash. That's funny isn't it? Our current financial system actually makes the poor pay more.

[@ngyc6294]

Financially you know something is wrong when one is still servicing the loan even though the vehicle has well past the warranty period and numerous major servicing. Or mabe we can take one of Bobby Ang's past advices and get the lowest depreciating car - a Honda Civic :)

[@KonWaiLuen]

He has a point there. A 10-year old Civic FD still fetches RM50k in the used car market easy.

[@theshadow7205]

All my vehicles are older than most of your children! with insurance savings and parts being cheaper to begin with They are still a better financial decision. And being honest Any brand should give you 15 years without major repairs as long as you maintain them properly. But this is an EXCELLENT VIDEO! great job!

[@KonWaiLuen]

The Shadow agreed. The important thing about old cars is not to skimp on maintenance. Keep the wear and tear parts refreshed and most will serve reliably.

[@Sea2121abuuba]

Recommend me a second hand car to buy

[@KonWaiLuen]

Hahaha.. I have a feeling you may know better than I do, but what is your budget and type of vehicle that you're looking for?

[@Sea2121abuuba]

Kon Wai Luen sedan. Below 60k That is why I've been following updates on the persona from both you and roda pusing. That will be my first sedan car after using 2 mpvs. But, like everyone else, I made a shocking discovery on its resale value :(

[@KonWaiLuen]

The Persona is still a decent car, so you definitely can consider a 1-year old used unit, and its way below RM60k at that. A few interesting choices here: www.carlist.my/used-cars-for-sale/malaysia?body_type=Sedan&max_price=60000&min_price=50000 Your choices start from 1-year Honda Citys to 9-year old Toyota Camrys. BMW E90 and E60 also got. Do you have an age or brand preference?

[@bryanthia4049]

I prefer the latter. Totally agree that 1st owner already absorb the huge depreciation cost for the 1st few year. BUT, must must must be patient and choose the most acceptable condition used car. I'm currently enjoying my newly bought 4 year old used car with more than 50% cheaper than the new car price. So far enjoy it very much.

[@KonWaiLuen]

Agreed. Used cars give better value for your money, but only with the caveat that you are thorough with your homework.

[@xavierlert]

I bought 2nd hand hyundai santafe 2014 top spec (2.2 crdi..etc) . Best decision ever. And i do have civic fd2 which i bought new 10 yrs ago. Another best decision.

[@KonWaiLuen]

Oh the Santa Fe is a good car!

[@cikman4950]

Proton sepatutnya buat kereta yg bentuknya disukai ramai dan boleh diubahsuai macam mula2 keluar dulu.

[@KonWaiLuen]

Sebenarnya Preve punya bentuk okay saja

[@azumkyo]

I agree with looking more harder in the second hand market

[@KonWaiLuen]

Just remember that looking harder in the second hand market also means looking sharper to spot dubious deals and walk away from them.

[@nikazmannikyaacob]

Definitely, your agent does not do a proper job... Go direct to insurance company, they have this official market value guide book, called "RED BOOK", that should be the actual market value of any car in Msia.... i.e. Persona standard year 2017, renewed after 3 yrs, market / insured value with RED Book, valued at RM35K

[@MrWhere2005]

To be honest, proton car is the best secondhand value for money right now. I was thinking buying Iriz cash since it is very cheap

[@Boroiboi]

Wan MS Zainudin that's what i thought too. with the budget of 40k you can get the top spec iriz 2nd hand. I'm in dilemma choosing between new 1.3 std iriz or 2nd 1.6 premium iriz

[@yukmun]

tmt1881 1.6 manual bro😍😍

[@HuHaHuHaHaHa]

buy 2nd lah for more cheaper price. thanks to 1st owner who absorb all the cost

[@gokusupersaiya8067]

buy wira aeroback , proton persona or proton saga cash, below RM 15k can get. no need headache for loan. car is tool transport from point A to point B. instead loan car, let buy property auction or land .

[@HuntaKiller91]

Currently owning a good used spectra for 6k..helps a lot in getting my firsthome and get married by newyear,haha..and yeah i would rather get a used 3-5years car,if its local made 1-2 year is good enough

[@KonWaiLuen]

Good financial sense!

[@HuntaKiller91]

Kon Wai Luen kena cri makan ma,haha zaman gst..love ur reviews man,keep up the goodwork envious of ur Persona anyway👍👍

[@KonWaiLuen]

thanks for watching!

[@naaszreenjasman2058]

i think after your reasoning, it makes sense to buy second hand car... 2-3 year old car usually are still in good condition at a cheaper price,but it also depend on your preferences on why you would own a car regardless it is cheap or expansive to own or maintain. Some people wanna buy new car just because they have some deep sentimental value on the purchasing itself.. whether it is for their parents, or a symbol of hard-work or etc,with these in mind, the thought of depreciation of the car value definitely wont cross their mind,a question back to you is,.would you sell your trusty old Waja having this in mind let say 7 years ago after having the waja after 3 years of ownership?

[@KonWaiLuen]

Interesting question. Would have been easier to sell it back then as value was better and the car had accumulated less sentimental value at the time. Also, couldn't think of what to upgrade to then that tickled my fancy and within my budget.

[@akt8985]

Agreed, I bought a persona premium, so much that I wish to buy a used Vios instead. New car.. I don't miss its smell

[@ngshinong9812]

Check out the Perdana 2.4. New 139k, a few 2016 units selling in mudah for 88k. 1 year dropped 50k. Jeez....

[@KonWaiLuen]

Percentage-wise, almost the same as my situation, actually. 35% depreciation.

[@zabidi69]

Its normal at current market not only for Proton, my BMW 320 depreciated more than 50K.

[@KonWaiLuen]

+Mohd Zabidi Mohd Yasir percentage-wise, you are slightly better off than I am though. I lost more than 30% of my car's value. Yours is about 20%

[@ahar5101]

forget about market value, buying a car just treat it as expense not investment. if you are happy with the car keep on driving don't sell. u won't lose anything. don't compare peruse cars coz u never know how the last owner was.

[@KonWaiLuen]

RM20k is a heavy expense though, but yes, with a new car, you have that assurance of its history, or lack thereof.

[@annuarrahman4199]

@ Kon Wai Luen.. you don't buy cash do you? Have you calculated the difference in the monthly loan commitments? Loan rates are higher and the price is not final. You should know if you've bought used. There are hidden charges.

[@dickkit4196]

Hi Kon, so since the resell value is dropping so fast, is it better to get a used car or recond car? For example 80k vios j spec and 80k recond 2013 wish, is it better to choose the wish? And is it better abit to go for recond car rather than used car?

[@KonWaiLuen]

With a recon car, I think you get the depreciation of a new car but the wear and tear of a used car. Recon is a good path to go if you're looking for specific models not officially available in the country, but bear in mind that these will be cars with questionable histories and some of them not properly acclimatized to our driving conditions. That being said, the Wish is as safe a bet as recon cars get.

[@limdavid8287]

To me, it's worth to consider a second hand car with the age of below 3 years as current New cars are mostly under warranty within 5 years. However, the interest rate of getting a used car from the bank would be higher and that should be taken into consideration.

[@KonWaiLuen]

I think depreciation makes the bigger difference, but good point on warranty.

[@joejoejambo2843]

Abg kon nak tanya mana lebih berbaloi myvi2018 atau persona baru..

[@KonWaiLuen]

Bagi saya, Persona lebih sedap dipandu, tapi ciri Myvi lebih canggih. Mana lebih berbaloi, apa keutamaan anda? Rasa pemanduan, atau ciri-ciri?

[@joejoejambo2843]

Kon Wai Luen saya bercadang utk buat grab car..hati lebih pada persona..ciri2 myvi menarik minat saya...pening..

[@joejoejambo2843]

Ramai pendapat kata persona byk masalah..

[@KonWaiLuen]

Bagi saya, Persona tiada masalah besar. Enjin dan transmisi ok, cuma benda kecil sini sana mungkin longgar sikit, dan kualiti cat luar kurang memuaskan.

[@joejoejambo2843]

Ok tq abg kon

[@MahinderSingh-sl4tr]

Kon just to ask I just saw the latest 2019 persona brochure and I saw the broucher says top spec ( premium) has voice command.I thought only Proton X70 has it.Ah?🤔

[@annuarrahman4199]

If I may add to Kon's comments. There are a few caveats which I think have been grossly overlooked. 1) If you were to pick up a one-year old car, the price would hv depreciated but your loan rates would have gone up! Yes, you might save but it won't be much on a monthly basis n you'd be taking a gamble on the history of the car. Massive floods recent yrs anyone? 2) prices on Mudah or Carlist.my AREN'T OTR.. They exclude the comms or reg. fees and insurance while your RM60k Persona price tag is all in plus free service for labour/parts.. 3) most ppl don't buy cars cash.. No point discussing on sticker prices but rather, look at the monthly commitments. How far does RM30/mth take you? Perhaps a month of fuel or toll fares but square it against the risk of getting a lemon or questionable history? Penny wise pound foolish or in this case, Sen wise Ringgit foolish. Lastly, if someone decides to sell the car after a yr, don't you think it could just be a lemon? We don't have lemon laws in Malaysia so what's the alternative for these owners to rid off the cars?

[@KonWaiLuen]

Fair and well-considered points, sir. There are many reasons people would sell off their cars within a year, could be a lemon, could be the chap got a job offer overseas, short of money, flood et al. Buying a used car is always a case-by-case basis with much homework involved including paying the services of a trusted mechanic to thoroughly inspect it, which is perhaps why many would opt for a new car to avoid all this hassle. Sadly though, my Persona didn't include the free service package.

[@madeyzue]

really i have 3 car since 30 years ago. dont sale it just upgrade your cars !!! stay kampung to build big garage for them..

[@KonWaiLuen]

and what cars would they be?

[@iskandarzulkarnain17]

Antara persona dan waja mana yang sedap dipandu?

[@KonWaiLuen]

Oh Waja. Tiada pertikaian

[@anonneymous9949]

Nowadays cars come standard with long warranty. Nissan even 7 years. Proton 5 years. Some even give free service labour and parts with long period,like mitsubishi 2 years and again proton 5 years. So under 3 year old car really a good bargain. 20k RV drop is normal to ALL brand in the first few years. I just got offered a BRV full spec with 5000km mileage for rm70k. Used car want to take it at rm62k. That is RM22K off for a matter of MONTHS for a rm92k car! A Serena is rm90k market price for 2015 car. That is rm50k RV drop for 2 years car! The key is dont be picky and buy the 'less hot' car. After all, only you perasan your car established your standard. My left and right neighbours use ferrari and porsche with like 5 other luxury cars, who do I want to impress with a Type R? Not my family for sure,they value people loader much much more. If i need bigger car for any occassion, it is more value for money if i just rent 2 or 3 vellfires for a few days in a year. Why maintain one if i only need it just few times a year like balik kampung?

[@selayg90]

En A Bloodde wow.. great opinion..!

[@afiq1183]

I’ve been contemplating about this for quite some time...my persona elegance is 6years old now, loan settle... I’m thinking of upgrading but still not sure, what is worth to for me to get a loan for... 2nd hand preve/suprima looks very attractive now that i saw this video

[@KonWaiLuen]

The new Persona offers better features and improved refinement the same way that the current Honda City is a newer car with better features than the Civic FD2, meaning, you won't consider it an upgrade from your present ride.

[@mohdazuan6836]

abg kon sy nk tanya pendapat abg sendiri la sy yg baru mula bekerja kereta apa yg berbaloi dri segi bulanan kos selenggaraan dll.antara persona saga dan bezza mna lagi berbaloi utk baru kerja utk kegunaan harian dan perjalanan jauh dan bakal mendirikan rumah tangga.harap dpt beri pendapat abg kon sendiri.

[@KonWaiLuen]

Ketiga-tiga ada baik buruk masing-masing. Penjimatan bahan api, Bezza paling best, saya rasa, dan kos penyelenggaraan pun cukup murah. Cuma, kalau pilih spec paling tinggi 1.3 Advance dengan auto start/stop, bateri gantian akan lebih mahal. Kalau banyak jalan outstation, Persona dan Saga memberi pengendalian yang lebih menyakinkan atas highway lah.

[@firdausrosli90]

Any details about range of interest rate for a 1-year-old second hand cars?

[@KonWaiLuen]

Varies between banks as well as make and model. Should be slightly higher than an equivalent new car la, for sure.

[@Daus3243]

Now i know why my father told me not to buy a new car...i almost buy Saga vvt but my father told me not to.. Its not that the car is bad but 9 years of bank loan and maybe you use that car for at least 5 years and then you decided to sell that car and you want to buy another car.. Some more you still have hutang and boom 9 more years bank loan and the resale value is a nightmare.. Better you buy a secondhand car la or wait 2 or 3 years then buy 2nd hand Saga vvt which is a lot cheaper.. Unless you want to use that car until forever then you can consider... Btw.. My father bought Naza Ria, Toyota Rush, and Proton Waja all of them are 2nd hand car and all of them are still in use today and yes.. zero hutang

[@KonWaiLuen]

+Firdaus Danial haha. I m sure he got a good deal out of the Naza Ria

[@NokiaHumanForm]

@@KonWaiLuen ria is below 10k now lol. Damn cheap

[@georgetan0401]

Hi Kon, That's was my dilemma before this whether to buy a new car or a used car(2 to 3 years). Currently I'm driving a 23 years old Proton Wira. But right now, I'm thinking of either to buy the new 2018 Myvi or Persona and again that strike my mind after I watch this video that you said it depreciated 20k in a year. Of course, other car brand will depreciate as well. I'm back in dilemma now, should I buy a new car or a used car ?

[@KonWaiLuen]

It depends on how long do you plan to use the car. If you're using it even half as long as your current 23-year-old Wira, then can definitely go for a new car.

[@TheZaman_]

Does this apply to all car currently? i mean high depreciation..

[@KonWaiLuen]

Generally yes, your new car loses a big chunk of its value in the first year.

[@andrewgan1197]

Bro Kon, say in the used car market what would be best for say 50-60k?

[@KonWaiLuen]

BMW E60 or E90?

[@faizafiq4159]

Andrew Gan better get civic, at least you got less headache in mantainance

[@neverthar]

I'd rather get a pre-owned car which I have been for the last 8 years. The depreciation rate curve from new is something too hard for me to digest and unless the said used car is a high miler (more than say, 30k km per annum), the maintenance cost still far outweighs the depreciation versus interest accrued

[@azahariahmad98]

poor bobby i already hv that thought 18 years ago which why i save my money and buy good secondhand car cash. no need to think about rv or monthly installments

[@tokmoh2000]

If buy car just saja2 wanna sell back 2, 3 years later, better don't buy at all. Put in FD with ciput interest also better than that. RV won't matter if wanna use the car long term, at least 7 years. By that time, no RV also tak sakit, cuz u used the car a lot, it's fair. Btw, any car nearing 10 years won't have good RV as harder to get loan, only cash or personal loan (expensive interest). Civic FD 2006/2007 now can get about rm30k++, far cry than brand new rm110k++ price back then. Still a great car even by today's standard, for less than new Persona (but cash only lel). That's why wanna buy new car, think properly u wanna hold the car long or not. If short, better just buy used car, let someone else absorb depreciation for you. 2, 3 years old still new enough, but much cheaper price.

[@KonWaiLuen]

Valid points. No right or wrong answer, but different solutions for different situations.

[@selayg90]

Same like my father always told me.. oh.. nak beli kereta baru? Sure ? Perlu ke.. ? Rumah mcm mana? Nak sewa lagi 10tahun ke?.. terima kasih ayah ajar saya maksud susut nilai..😄

[@KonWaiLuen]

Hahaha... Ayah kamu pengguna yang cukup bijaksana.

[@LLITA-cm8ru]

1 or 2～3 year car is my choose , but something pantang at something happened at that car

[@norshamishak6499]

pertama kali you beli kereta elok beli baru.tapi untuk kereta kedua atau seterusnya second car lebih baik.anda sudah ada pengalaman

[@krishanjally]

Its not u lose 20k in 1 yr. Ull lose 20k once u drive out of the showroom.

[@KonWaiLuen]

Haha. Oh yes.

[@tengkuhussein3715]

Very true

[@pijesz]

What about VW and other Conti RV?

[@KonWaiLuen]

VW is particularly bad, given the reputation of their reliability

[@VolvoMarkku]

Which car do you have as your own car?

[@KonWaiLuen]

+VolvoBussi98 Persona belongs to my wife. I drive a Waja

[@mikelam4666]

Already aware of rhe depreciation of new cars. The day it goes out the showroom, it has already depreciated in value compared to its purchase price. I would rather go for a 1 or 2 year old car, provided I can be certain that the car is in absolute tip top condition.

[@KonWaiLuen]

A seasoned and competent mechanic should be able to pick up most significant red flags.

[@foonghh8878]

The problem with proton cars are the high interest rates. Therefore, not worth getting it at least to me. Might as well go for other brand in the similar segment.

[@KonWaiLuen]

Yes, Perodua too. On average, banks charge one whole percent more on national makes

[@andyhui01]

Is this the first time you are buying a new car? This is what happens in any market when you buy a new car.

[@KonWaiLuen]

As a matter of fact, it is.

[@poblade63]

Standard la bro kete makin lama makin jatuh.better beli rumah setiap tahun makin naik harga.woohh..

[@KonWaiLuen]

Hahahaha.. redha jela.

[@DylanChng]

I would buy a new car and face depreciation if I had a family as the newest cars are typically the safest

[@KonWaiLuen]

Can't argue with that, and drive safe, of course.

[@khairulnazri4087]

buy secondhand car with loan, the intersest is highest ma

[@KonWaiLuen]

Correct, and it increases with age.

[@boy638]

are you uploading for the US audience timezone haha

[@KonWaiLuen]

uploading while changing diapers. haha

[@solah2897]

I think the title is slightly misleading

[@KonWaiLuen]

KZbin limits the length of my title, and I need something catchy.

[@joshuajosh6992]

jual di tempat sambung bayar je boss .....dia akan bagi kita duit......

[@KonWaiLuen]

Ini sangat tidak digalakkan; kereta kamu di tangan orang yang tidak dikenali.

[@joshuajosh6992]

ye betul

[@joshuajosh6992]

tapi di tangan saya ade cash......

[@ronroy5701]

my family had a 1990 toyota hilux & its still running in good condition untill now...we will not sell it ever😂

[@KonWaiLuen]

The Hilux is bomb-proof wei!

[@freedom_x5]

Same goes to HONDA

[@KonWaiLuen]

Correct. But the Civic holds its value better than others though.

[@johanramli61]

Itu sebab kena beli Rolls Royce...Porsche....

[@KonWaiLuen]

Itu kereta.... depreciation sudah lebih daripada harga kereta saya.

[@davidwang1502]

Buying proton thumb rule 101 . only buy the base spec

[@KonWaiLuen]

Why would you say so? Well, we paid the extra for the convenience of keyless entry and reverse camera.

[@syazzysaliman7887]

to answer your question, i would rather buy the pre-registered car / showroom car. lower price, the newness feel is guaranteed still, warranty reset, interest is lower just like new car. a good used car after 1/2 year shows drop in price but if we factor in interest cost is a little bit less than new. maybe less than 5k...

[@KonWaiLuen]

Good thinking. Yes, don't forget that used cars entail higher interest when financed.

[@kyewkan]

RV is the worst for first 2 years. Reason is that a buyer would only consider a reasonably new car with high discount.

[@lobeliakit]

premium got manual meh?

[@KonWaiLuen]

Nope. Manual only with Standard spec.

[@shakirrusli4271]

For saving my money i should go for second hand car...

[@KonWaiLuen]

Definitely worth considering, although buying second hand also means more thorough homework and upfront cost for some repairs.

[@lingv5452]

So, what car would you have bought for your wife in the used car market around a brand new Persona's price range, if you looked hard enough, instead of the new persona? @Konwailuen

[@KonWaiLuen]

A BMW E90 perhaps?

[@faizafiq4159]

Kon Wai Luen but the maintaining process is completely day and night

[@Ashween_Dev]

@@KonWaiLuen are you for real? With all the factors being discussed and considered in your video and the comments thread, how would you justify that selection?

[@adr3nz]

Second hand, for sure

[@cheryee3659]

You buy year end car sign the paper loss 10k....start on new year loss 10k again is normal.... next time buy new car on jan or Feb not year end

[@KonWaiLuen]

Fair enough point there.

[@kamalashraf4846]

This is normal. Try selling your bmw after 1 year..

[@KonWaiLuen]

Haha... Guess the smart money really is on pre-owned cars.

[@saraz7920]

if want amazing RV ,buy proton arena.haha.

[@KonWaiLuen]

sara z ohh.. those are appreciating!

[@saraz7920]

im booking iriz 1.6 premium 2016 at 25k...what a steal...half a price..

[@KonWaiLuen]

Wah! Good deal!

[@NokiaHumanForm]

Way better than buying a standard spec iriz. Standard spec iriz feels really dull inside.

[@Seramics]

Resale value is highly influenced by the market demand. If the demand is high, the resale value is high, and of course brand perception affects your demand. This is why Myvi commands much higher resale value than any Proton, due to major differences in market demand. Apple iPhones generally has better resale value than Android top end smartphones, for the same reason. This is why for me, I think Proton is an expensive car relative to Perodua. Toyota and Honda is relatively cheap car relative to Mazda, Ford and Hyundai car despite similar price tag. The reason is resale value and maintenance (less popular cars generally got more expensive parts due to lack of economies of scale). Conclusion is, dont think of Proton as a cheap car despite the brand perception being low. It is an expensive car to own relatively speaking.

[@KonWaiLuen]

Hahaha... parts pun bukan murah ya.

[@Seramics]

Thats why!

[@Seramics]

Thats why! Hahaha

[@sleevenick]

My opinion is if you're going to buy a car just for its resale value you are in a delusion, buy a car for your objective criteria your needs, an economy budget car with warranty that gives you that extra "peace" of mind.probably. But for more expensive cars eg sport that is not your daily driver second hand car is a good choice.

[@KonWaiLuen]

Agreed. I should have made this point clearer in my video, but didn't. Resale value is a point of consideration for motorists buying cars on financing. New cars inevitably lose 20-30% of their value in the first year. If you're planning to keep the car for long, that's not an issue; but you do need to keep in mind how long you plan to keep the car and pace your repayment tenure accordingly.

[@awigta4]

Buy second hand toyota vios. No problem. True story.

[@KonWaiLuen]

You have one serving you well, I presume?

[@e92coupe76]

Bro... If u dont wanna lost RV buy house la...

[@KonWaiLuen]

House prices in some areas also dropping bro.

[@brucelee-kd8yb]

Ppl sell off car within 1or 2 yrs sure got some reason behind.......

[@KonWaiLuen]

"Why are you selling?" is the most important question you can ask the seller.

[@TheProBush]

By an artwork done by an unknown poor mad dead artist..

[@KonWaiLuen]

Huh?

[@chaenaz1]

hrmm.. beli kereta.. lepas tu setahun jual.. masa beli pun dah tak bijak

[@KonWaiLuen]

Saya belum bercadang nak jual kereta ni, tapi kesian la mereka yang mungkin nak juga kereta depa sebab pasal-pasal yang kita tak tau seperti tiba-tiba ada masalah kewangan, atau ditukar tempat kerja, .... susah lah

[@MrLeo9988]

Most car are design for a 5 years in mind,we Malaysian are scam by the govt. n financial institution for a 9 year loan that goes beyong the design life of a car .If over at America or Japan the car are scrap before repaying the hire purchase over at Malaysia.

[@KonWaiLuen]

The life cycle management of a car is usually projected at 10 years by a manufacturer.

[@demirelhans2895]

yup..i will buy a new car and chosen 108 month loan if i plan to used this car until 'kiamat'....

[@KonWaiLuen]

Yeah, if you plan to keep it for long, then it's no issue.

[@kobir80]

for sure 2nd hand one much2 cheaper lots better if u can buy cash..bought 2002 waja in 2009 running pretty good and not much trouble somemore reliable and cheap to maintain..3 yrs free from car loan..new myvi im staring at u now hahaha

[@KonWaiLuen]

You planning to buy the new Myvi?

[@bcworld2413]

Ride bicycle lo

[@KonWaiLuen]

Tried that. Balls hurt.

[@proakkie942]

"No Kon no. P, T & H aaa has the best RV maaa". says someone. My 2013 brand new viva dropped "just" 10k after one year. Then what? Can get for free after 3 years? hahaha

[@KonWaiLuen]

pro akkie from a percentage point of view, that's still 20-30% down. But RM10k definitely less painful than RM20k la. Haha

[@Seramics]

What you mention about the 1st year high depreciation cost is true. However in reality, its not so simple. Many cars which is sold after just 1 year ownership, can be lemon unit. There is some problem with the car which the owners is highly unsatisfied of, thereby selling it early. You would have 1 year less warranty coverage on that car, and risking getting a lemon unit. So later on the repair cost would have caught up depending on the age of the car and the condition. Usually its rare to find good 1 year old car. Its at least 2-3 years old before they are sold. Unless its a rich man toy, who play for 1 year already, got bored want to find new toy, normal people are unlikely to buy a car and sell it after 1 year without a valid reason (ie, the car is lemon, or they strike lottery and wanna insta upgrade to SL63 AMG, or they are extra dumb ass people losing big money selling a good car after just a year). Chances are slim. And if you buy a 2-3 year old or older car, warranty is running out and repair cost is creeping up. Financially wise, its best to just buy a popular car and sell it off 3-4 years later while the value is still high. Just my 2 cents opinion.

[@KonWaiLuen]

Valid opinion. Bottom line is, when buying used, your homework is extremely important. The car needs to be thoroughly checked, and prepare a sum of money for restorative works.

[@Seramics]

True, need to bring a good mechanic friend with you along.

[@izuaff04]

booleow...lol