You heard it here first, Yes new car prices will go down as discounts continue with Chinese auto manufacturers
We have seen a flurry of discounts in 2024, from almost all car manufacturers to stay compettitve in Malaysia and even legendary car brands who never gave discounts started offering marginal discounts on older models and even on once popular models.
All this started after new Chinese auto brands offered great new car prices on new models and the domino effect started.
We explain this better in a video shared below.
Meanwhile, a number of auto new portals shared news late last year (2024) that new car prices will rise in 2025 due to various factors. Well …… you heard and read it here first …….. we are confident that new car prices will fall in 2025 with continued discounts from new Chinese auto manufacturers and from legendary car manufacturers trying hard to maintain their sales positions.
It will be another ‘sterling’ year for the Malaysian auto industry and we will continue to see healthy car sales numbers.