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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