PETALING JAYA: As the sales of new cars are going up with the economic recovery, so is the growth of pre-owned car market in tandem.
A vast majority of car upgraders and first-time owners considered buying from the used car market, resulting in over 400,000 used cars sold in Malaysia in 2021.
However, it is believed that many pre-owned vehicles do not get a good rate due to many factors such as poor maintenance and vehicle care.
At a Bosch Automotive Aftermarket Malaysia (Bosch AA)’s virtual talk show today, the company's country manager Dillion Goh said many car owners neglected the use of proper and reputable automotive replacement parts and services only to find out later that this could further devalue their cars.
“A vehicle which has a good service record and uses parts by reputable brands such as Bosch, have a better resale value in the pre-owned vehicle industry.
“Bosch has about 65 authorised Bosch workshops in Malaysia, and all our mechanics and technicians are ever ready to offer service consultations and advices on any car issues owners may have,” he said.
(From left) Bernama TV senior television anchor Jessy Chahal with Chong, Goh and Khor at the show.
A panelist, ezAuto.my CEO Charlene Chong Chia Li, said the company practices transparency and openness to inspiring a higher level of trust from consumers.
ezAuto.my provides a live bidding platform that is cost saving, fast, secure and transparent for both buyers and sellers.
“We want to keep creating end-to-end trusted experience when it comes to buying used cars.
She said there were simple but important ways consumers could protect themselves from buying used cars with low-quality parts that are normally sourced from recalled batches or syndicated remakes.
“That’s why we have a 132-point inspection conducted on all cars that come to us before they are sold off. These checks can determine the value of the car based on any modifications done or even a bad maintenance record,” she said.
The company has a nationwide network of over 4,000 used car dealers throughout Malaysia including East Malaysia and buyers would place the highest offer through the live bidding sessions after completing the thorough car inspection.
ezAuto.my will offer a price to buy the car on the spot and upon agreement of both parties, the necessary paperwork and payment will be completed within 24 hours.
However, if car owners opt for the live bidding session, a reserve price will be discussed and agreed upon between ezAuto.my and the car owner prior to the bidding.
Another panel member, Federation of Motor and Credit Companies Association of Malaysia president Datuk Tony Khor Chong Boon, said many Malaysians have accepted the online method of buying and selling a used vehicle instead of going through a used car dealer.
“The truth of the matter is, online or offline, buyers are not excluded from bogus deals or back-handed purchases.
“While we stand strong in our part to promote and protect the interest of all our members in the industry including consumers and dealers, we are grateful to collaborate with Bosch and ezAuto.my to reach more Malaysians and enable them to make the right choice based on their needs," he said.
He also said no car is perfect and the federation always urge buyers to do their own research before making any purchase.
For more information on certified original Bosch car parts and authorised Bosch dealers, log on to Bosch Autoparts Facebook (https://www.facebook.com/BoschAA.MY/) or head on to Bosch Autoparts official store in Shopee and Lazada to purchase reliable car parts.
