MM2H - Civic or Accord - Reselling value

[NekoRacing]

Hi people,

Planning to purchase a Honda under the MM2H program, in dilemma between the Civic 2.0 (RM 84k) and Accord 2.0 (RM 95k).

1) Has anybody experienced purchasing Honda under MM2H, mind sharing?
2) Which one has a higher reselling value after 5 yrs? assuming depreciation and market demand
3) Seems like Honda is the better choice, would you recommend any other car considering the benefits of MM2H.

Cheers

 

[bien335]

Us Malaysians arent eligible to participate in the MM2H program.

for resale value, flip thru the used car mags such as motor trader.

you dont have to pay the duty imposed on the cars, hence the cheaper price. but I dont know the procedure, but what i do know is that the next buyer has to pay the duty upon purchase.

 

[NekoRacing]

I'm Malaysian but my father is a foreign :D

Thx for the advise on resale value.

 

[bien335]

I think in the MM2H program, he's eligible to bring in a foreign car as well. check back, Mr Black Racing :D

 

[amdfaisal]

if u can get a car imported directly from japan (or any other country for that matter) without paying taxes, i don't see why u should waste ur time with locally assembled cars :).

anyway if u ask me... a civic will retain much its value in the second hand market compared to an accord which is considered as an "uncle" car

 

[NekoRacing]

I don't quite understand on how to get a car imported directly from another country.

The scenario goes, my dad is a foreigner who has been living in Malaysia for 30 years, has just applied for MM2H.

If I understand correctly, are you saying my dad can import a Nissan Murano from Japan without paying duty tax, while he remain in Malaysia?

All I know is, under the MM2H program, foreigners are only allowed to bring in their previously owned car or purchase locally assembled car without pay duty tax.

 

[amdfaisal]

i don't know much about the MM2H scheme hence the hypothetical "if" in my previous post. if it is confirmed that ur dad is only elligible to buy CKD cars here then so be it... comparing an accord and a civic... a civic will be the better choice given ur condition of "good resale value"

 

[bien335]

All I know is, under the MM2H program, foreigners are only allowed to bring in their previously owned car or purchase locally assembled car without pay duty tax.

I presumed your father was just about to come to Malaysia.

my bad.

if like that, i think, he could buy a car here sans duty.

im, not too sure, check with the authority.

 

[NekoRacing]

Honda Accord 2.0 vs Civic 2.0

Here is my dilemma; I'm not sure if I should get a Civic 2.0 because the next generation should be out in 2 years, won't the resale value of the current Civic depreciate even more?

Are there any Accord 2.0 owners in this forums, please share your experience with the car. I did some Google on the Accord, and I'm worried if the car is underpowered, I also hear that Honda Malaysia does not provide the 2.0 for test drive, only the 2.4.

Cheers