Should we wait for the new year for a new car with a new manufacturer year printed on its excise and vehicle registration card? or should we buy a car now and lost 1 year of depreciation value is amongst those dilemma faced by car buyer every year as the year coming to an end. Contrary to popular belief that many buyer would wait for the new year, this last quarter is actually the best period to buy!! Why? because of these three factor, year-end sale is an opportunity not to be missed.
1. Because car manufacturers/distributors want to secure their market share and the automotive Total Industry Volume (TIV) only records vehicle registered ending 31 December.
2. Because vehicle manufacturer/distributor would not want to carry forward vehicle with excise bearing a year old car because of factor no 3 below.
3. Because of the myth that car buyer would wait for the new year to avoid unnecessary depreciation value. In reality, the depreciation value is subjective and actually dependent on the financial credibility of the person buying the car. If his financial credibility is strong, the said car can fetch a higher margin of finance and vice-versa if the financial track record is not strong. This is what determines the value of the car (used car). Of course, it is also subjected to overall supply and demand but in a nutshell, new car buyer would usually hang on to a new car for at least five years before replacing the car (due to the longer period of finance). Majority would look for the best bargain now and is less concern with the value 5 years from today and the best bargain for the year is towards the year end!!... which is NOW!
So, what does PROTON has to offer coming to this calender year end? Yes!!! Kick @ss price!! Only for limited period and limited stocks. All discounts below is applicable for all registration up to NOVEMBER irrespective of booking dates.
1. Because car manufacturers/distributors want to secure their market share and the automotive Total Industry Volume (TIV) only records vehicle registered ending 31 December.
2. Because vehicle manufacturer/distributor would not want to carry forward vehicle with excise bearing a year old car because of factor no 3 below.
3. Because of the myth that car buyer would wait for the new year to avoid unnecessary depreciation value. In reality, the depreciation value is subjective and actually dependent on the financial credibility of the person buying the car. If his financial credibility is strong, the said car can fetch a higher margin of finance and vice-versa if the financial track record is not strong. This is what determines the value of the car (used car). Of course, it is also subjected to overall supply and demand but in a nutshell, new car buyer would usually hang on to a new car for at least five years before replacing the car (due to the longer period of finance). Majority would look for the best bargain now and is less concern with the value 5 years from today and the best bargain for the year is towards the year end!!... which is NOW!
So, what does PROTON has to offer coming to this calender year end? Yes!!! Kick @ss price!! Only for limited period and limited stocks. All discounts below is applicable for all registration up to NOVEMBER irrespective of booking dates.
