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Frequently Asked Questions about Buying a Car
  1. Buying a Car on Carlist.my

    I’m looking for a car, how can I find them on carlist.my?

    You can search for the car by using the search box in the homepage. Just select the criteria of the car and click "Search" button to start seaching.

    I’m looking for a car and I have a budget, how do I find it?

    By using "Advanced Search" feature - Insert the keyword and then use the price option to suit the budget that you have.

    I see individual icon and also company icon, what do they represent?

    Individual Individual car owners who wants to sell off their cars, car brokers or used car dealers who are not registered under carlist.my Insert the keyword and then use the price option to suit the budget that you have.
    Company Used car dealers registered under carlist.my.

    The mileage is shown as N/A, what does that mean?

    The mileage information will be given upon request. You can contact the used car dealers or individual car sellers for the mileage information.

    I want to see the car, where is the address of the showroom?

    Individual Contact the individual car sellers to make arrangements to see the car. The contact details can be found in the car details page under "Seller Info".
    Company Click on "Company Details" in the car details page for the address of the showroom. Please contact the dealer to make an appointment with them before paying them a visit.

    I see a car that I want. How do I know if the car is still available?

    Cars will be deleted from carlist.my after 60 days. To prevent any disappointment, it is advisable to contact the individual sellers or used car dealers to check on the availability of the cars.

    Are the prices listed fixed/negotiable?

    The price is determined by the individual car seller or used car dealers. You will have to contact them for the final price.

  1. General Questions

    I’m looking to buy a second hand car, what do I need to consider?

    Since your choices may be limited by what you can afford, determine your monthly costs before you do anything. Make a list of expenses to own the car including insurance, maintenance, gas, and other associated costs. Does it fit into your monthly budget?
     
    Road tax rate

    Engine Capacity (cc) Road tax rate
    < 1,000 RM20.00
    1,001 – 1,200 RM55.00
    1,201 – 1,400 RM70.00
    1,401 - 1,600 RM90.00
    1,601 - 1,800 RM200.40 to RM280.00
    1,801 - 2,000 RM280.50 to RM380.00
    2,001 – 2,500 RM381.00 to RM880.00
    2,501 – 3,000 RM882.50 to RM2,130.00
    3,001 – 5,000 RM2134.50 to RM11,130.00
    Road tax for petrol vehicle
    Engine Capacity (cc) Road tax rate
    < 1,000 RM20.00
    1,001 – 1,200 RM110.00
    1,201 – 1,400 RM140.00
    1,401 - 1,600 RM180.00
    1,601 - 1,800 RM400.80 to RM560.00
    1,801 - 2,000 RM561.10 to RM780.00
    2,001 – 2,500 RM782.20 to RM1880.00
    2,501 – 3,000 RM1,886.00 to RM4,880.00
    3,001 – 5,000 RM4,890.80 to RM26,480.00
    Road tax for diesel vehicle

    How do I know if the car is still in good condition?

    • Test drive the car with your trustworthy mechanic, or let the mechanic test drives the car.
    • Get whatever service records you can on the car and have the car checked out by a reputable mechanic. A reputable dealer will have no problem with you bringing in your own mechanic to check out the car. They may not let you take it off the lot to do so but most will let you bring someone to the lot.
    • Send your car to PUSPAKOM for inspection.

    Can I get low downpayment for the used car?

    You can deal with the sales agent to have lowest downpayment by asking him to mark up the price of the car. The downside is you will have to pay a higher monthly payment.

    Can I trade-in my car to puchase the car?

    Some of our dealers accept trade-in with a new purchase from their dealership. You can contact respective dealer to discuss on this matter.

    What is the procedure to complete the purchase of a car?

    • Car owner must send the car to PUSPAKOM for a full check up.
    • Once passed, buyer needs to be at the bank with the car registration document in order to apply the loan.
    • Send your car to PUSPAKOM for inspection.
    • Get the forms ready for transfer of ownership. You can download the forms from JPJ website. Forms you need are as follow: JPJK3, TM-1, TM-AB (photocopy both buyer/seller IC).
    • Go to JPJ and submit all the forms together with car original registration card and also new buyer insurance cover note.
    • Wait for the process of transferring name to complete and collect back the transferred ownership of car registration card.

  1. Car Loan

    I need to apply for a car loan, what is required?

    You must have a salary of at least 3 times the monthly payment of the car. If not, you will need a guarantor.

    How much loan can I get?

    The deposit payment of any car purchase is usually 10% of the total car price. The bank only provides 90% loan unless you are a government staff and university graduate.

    What is the interest rate for car loan?

    The interest rate may vary depending on the years of the car and also the make and model of the car. It may vary from 3.75% to 5% or even higher.

    I am currently blacklisted in financial institutions, how do I apply for loan?

    Blacklisted person usually cannot apply for any car loan from any bank. However, some of the blacklisted government staff can apply the car loan.

    I don’t have a driving license, can I apply for car loan?

    Yes, you can still apply for the car loan.

    I’m under 21 years old, can I apply for loan?

    If you are under 21 years old, you will need a guarantor preferebly your parents or siblings. But if you have a very strong income more than 5 times the monthly payment as a permanent employee of a stable company, there should be no problem in applying a car loan if you are under 21 years old.

    I want to purchase a used car for my company, can I apply loan using my company?

    If you have a business or company, with all your side income from your business in your business current bank account, you must provide business owner document which state that you have steady income to apply a loan for car purchase.

    What documents (photostat copies) do I need when applying for a car purchase?

    Individual Buyers: Identity Card
    Driving License
    3 Month Latest Payslip
    KWSP/EPF Statement
    3 Months Bank Statement
    Appointing Letter Under Any Company
    Gurantor (if required by bank): Identity Card
    Driving License
    3 Months Latest Payslip
    3 Months Bank Statement
    Business Owner: Identity Card
    Driving License

  1. Malaysia My Second Home Programme (MM2H)

    I’m enrolled in the MM2H programme, am I entitled to buy a car?

    Participants are allowed to bring in his/her own personal car OR to purchase a locally-assembled car without the need to pay import duty, excise duty and sales tax. Further information can be found here.

    Can I import more than one car?

    Yes, you can. You can find the application to import the second car here.