With the economic sectors beginning to recover and regain momentum in the first quarter of 2022, we would see more introductions of newer car models coming our way by many automotive brands. This can only mean that more pre-owned cars will be ready to be sold off to the pre-owned car market to make room for that swanky new ride.
In the last quarter of 2021, the pre-owned industry began to see an increase of sales of pre-owned cars. But are these cars being sold fast enough? Many pre-owned vehicles do not get a good rate at the pre-owned car market, due to many factors, but poor maintenance and vehicle care could be a contributing factor. Adding to that, a vast majority of car upgraders and first-time owners considered purchasing from the used car market, resulting in over 400,000 used cars sold in Malaysia in 2021.
With this situation at hand, it has led to Bosch Automotive Aftermarket Malaysia (Bosch AA)’s virtual talk today with panelists from Federation of Motor and Credit Companies Association of Malaysia (FMCCAM) and its authorized technology partner, ezAuto.my, to educate car owners on proper maintenance as well as tips for a better resale value of pre-owned cars.
