Used car dealers enjoy record sales, spurred by govt incentives


Federation of Motor and Credit Companies Association of Malaysia (FMCCAM) president Datuk Tony Khor said the surge in demand for used cars at the moment is a scenario that is “simply too good to believe”.

PETALING JAYA: Used car dealers are reporting record-high sales, spurred by the government’s tax incentives and customers downgrading to cheaper vehicles in light of the economic uncertainty created by the Covid-19 pandemic.

Federation of Motor and Credit Companies Association of Malaysia (FMCCAM) president Datuk Tony Khor said the surge in demand for used cars at the moment is a scenario that is “simply too good to believe”.

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