Published on July 28th, 2019 | by Daniel Sherman Fernandez7
MITI Confirms ‘End-Of-Vehicle-Life Policy will NOT Be Enforced
Good news folks, you can keep you old car and enjoy an instalment free driving life
With Malaysia being the 5th most expensive car market in the world, it is difficult for low income earners and retired Malaysians to purchase a new car and also to get a new car loan. This will have to be looked into before any end of life policy is put in force.
Earlier at this week’s automotive conference, the Deputy Minister from the Ministry Of International Trade & Industry (MITI) Dr. Ong Kian Ming confirmed that the government has no plans to enforce this and the role of Puspakom will remain for used car transfers and there will be no enforcement of yearly motor vehicle ‘health’ checks.
We agree with the reasons shared as the retied government employee in the city who drives a 32-year-old Toyota Corolla (pictured above) has no reason to upgrade his car which is not giving him any problems and he does not have spare income to cover new car loan repayments.
In the small town of Bidor, a 60 year old grandmother who drives a well looked after, slightly rusty and with sagging suspension 39-year old Toyota (pictured above) has no reason to buy a new Perodua as she does not have the money for the down-payment and the monthly installments even though in her heart she would like a bright yellow Axia.
But, if you drive a real rusty clunker, you might be forced to scarp it and get a replacement.