Many prefer to drive their own cars during the Covid-19 pandemic and buy used vehicles to save money in the uncertain economic climate.
“Incentives from the government during the movement control order , especially the tax exemption and moratorium, have been driving sales since June. Khor, who has been with the industry for over 30 years, now manages 4,325 dealers under the FMCCAM umbrella. “The number one sellable used car in the market is Perodua Myvi. It is the most sought after,” he said, adding that other popular variants include Vios , City , Saga and Persona .
In absolute value, a Perodua Myvi purchased new at RM56,518 without insurance in 2015 could fetch RM37,600 on average in 2019.
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