Guys,
Heard something shocking this morning. Apparently the govt is seriously considering to implement a rule whereby cars manufactured 15 years and above, to be cut!! Just like how in Singapore and the rest of the globe. If you decide to keep your car, then it has to go through road worthy testing and a higher roax tax will apply(possibly 4-5 times more).
Owners of the said vehicles would be compensated with mere few thousand ringgit as part of 'wrecking your car'.
This move is to further discourage the second-hand car market and Malaysia simply has got too many vehicles on the road.
Anyone of you have heard something similar?Please share your views.
Heard something shocking this morning. Apparently the govt is seriously considering to implement a rule whereby cars manufactured 15 years and above, to be cut!! Just like how in Singapore and the rest of the globe. If you decide to keep your car, then it has to go through road worthy testing and a higher roax tax will apply(possibly 4-5 times more).
Owners of the said vehicles would be compensated with mere few thousand ringgit as part of 'wrecking your car'.
This move is to further discourage the second-hand car market and Malaysia simply has got too many vehicles on the road.
Anyone of you have heard something similar?Please share your views.