Proton trade-in discount gets owners of old cars excited

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Proton trade-in discount gets owners of old cars excited

Postby admin » Thu Mar 12, 2009 11:11 am

PETALING JAYA: The mini-budget proposal to offer a RM5,000 discount for owners of cars more than 10 years old has people excited at the thought of exchanging their old cars for brand new vehicles.

Business management and marketing graduate Tong Whye Loon, met at a Proton Edar dealership in Mutiara Damansara here yesterday, said he was extremely keen to trade in his old car for a brand new Proton Gen-2.

“I think it is a brilliant idea. The scheme actually encourages ‘vintage’ cars owners like myself to change cars,” said the owner of a 15-year-old Citroen ZX.

The 22-year-old said he would not have considered buying a new car had the scheme not existed.

“It is safer and healthier for the people, too. Older cars have higher carbon emissions and tend to break down a lot,” he said.

In Johor Baru, clerk Zainal Latif, who had almost given up hope of selling the old Mazda 323 that had been in his family for the past 34 years, wasted no time taking up the offer.

“Dealers had told me the car was worth about RM1,000, but now I will get RM5,000 for it. That is wonderful!” he exclaimed.

Zainal, 45, said he had ordered a new Proton Persona and was praying his car loan application would be approved soon.

Hairi Nasiff, also a clerk, said the move would help boost the flagging economy as more people with old cars would consider buying new ones.

Hairi said he had also decided to trade in his 12-year-old Proton Tiara for a new Saga.

“I tried to sell my car before this, but was told it was worth only RM2,000. Now I’ll get extra money,” he said, adding that it was also a good move to get old cars off the road.

Contractor Ismail Abu, 41, said his family was extremely relieved he was finally changing his 27-year-old Ford Escort.

“My four children refuse to be dropped off at school in the old car because they are too embarrassed. They can’t wait for the new Proton Persona now,” he joked.

Proton dealer and Edaran Sri Sutera Otomobil Sdn Bhd manager Abu Bakar Ahmad said he expected the discount to boost car sales.

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http://thestar.com.my/news/story.asp?fi ... sec=nation
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RM5,000 discount for Protons in trade-in deal

Postby admin » Thu Mar 12, 2009 11:11 am

PETALING JAYA: All Proton models can now be bought at a RM5,000 discount under the national car-maker’s scrapping programme.

Proton said in a statement yesterday that the Proton Xchange programme now offered the Saga and Persona at a RM5,000 discount, in return for cars older than 10 years.

These models, and a RM1,000 free servicing voucher, were added following the announcement in the mini-budget on Tuesday.

The other Proton models customers can buy include the Savvy, Gen-2, Satria Neo, Perdana and Waja.

The cars to be traded in have to be registered in Malaysia with a valid road tax, in working condition and fully paid for.

Proton said there had been about 300 orders per month since they launched the programme in November 2007.

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http://thestar.com.my/news/story.asp?fi ... sec=nation
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Perodua to take orders from April 1

Postby admin » Fri Mar 13, 2009 10:45 am

PETALING JAYA: Owners of cars over 10 years old who want to take advantage of the RM5,000 discount to buy new Perodua cars can do so at any Perodua sales outlet starting April 1.

In a press statement yesterday, Perodua managing director Datuk Syed Abdul Hafiz Syed Abu Bakar said that they were in the midst of finalising the details that would be announced in the final week of this month.

He also said the incentive announced in the mini Budget on Tuesday would help boost the industry and Perodua sales.

“We want to thank the Government for this incentive and the RM200mil Automotive Development Fund as well, because this is the stimulus the industry needs,” Syed Abdul Hafiz said.

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http://thestar.com.my/news/story.asp?fi ... sec=nation
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Dealers doubtful over RM5,000 discount

Postby admin » Fri Mar 13, 2009 10:45 am

THE proposal in the mini-Budget offering a RM5,000 discount for owners of cars more than 10 years old is one of the most controversial policies announced on Tuesday, reported Sin Chew Daily.

In its editorial, the daily said when a similar proposal was made a few months back, many car industry players were hopeful that such a move would help alleviate the burden of new car owners and stimulate the market.

“However, many car dealers are disappointed that the move would only benefit those who own Proton and Perodua cars,” the daily said, adding that the second stimulus package was supposed to help the rakyat face the current financial crisis.

It stated that what concerns owners of cars more than 10 years old was whether they could keep their jobs.

The daily was also doubtful whether those who could afford to buy a new car during the current difficult time would settle for a national car just for the RM5,000 discount.

It said the Government also did not mention how it would manage old cars and if national car companies were selling off these cars at a cheaper price, adding that it would be like salt being rubbed into the wound for second-hand car dealers.

The Government, it said, had always been giving special attention to local car manufacturers to stimulate the sale of national cars and prevent their staff from losing their jobs.

Read the full article:
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