If you shop for a new cars like Toyota Vios, Honda Civic etc, you would immediately notice that we are paying highest car prices in the world due to our abnormally high import duties on foreign cars.Beside paying for higher price for car, soon we would also pay for higher Petrol price.
By 1st May 2010, Malaysians Not all Malaysians will get to enjoy subsidized petrol as it will follow the engine capacity and other factors such as socio-economy. It another word some Malaysians will pay for Petrol at Market Price.Read more about Petrol Hike|Two Price Structures for Petrol from May 1Car has become a necessity and no more a luxury due to the current public transport condition.There are a lot of proposal improve urban public transport and step done to further encourage the people to use public transportation. But there are still a lot of room of improvement.Therefore Most people have not much practical choice but to own cars!As a result, we are face with traffic congestion and horrendous air-pollution.Some car owners even take a nine-year loan just to pay off for a basic car.Car also has the highest depreciation value between the first and second year and one of the biggest liability for average wage earner.
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