Home / Cars & Motorcycles

Submitting… Bounty 5 points

Is it worth buying a new Myvi/Axia, or better to beli second hand?

First car. Torn between a brand new Myvi/Axia on loan, or a used car for cash/smaller loan. Which makes more sense for a fresh grad in Malaysia?
Anonymous asker ·Asked on 19 days ago ·746 views ·4 answers

4 contributors answered

Best Answer
Anonymous contributor Beginner First-hand experience
Bought both ways in my life, so here is the honest math for a fresh grad. A new Myvi or Axia is popular for very good reasons: strong resale value, cheap and everywhere-available parts, low fuel consumption, and warranty so no surprise repair bills for the first few years. The downside is you take a bigger loan and eat the depreciation of a brand new car. A used car means a smaller loan or cash, but you inherit someone else's wear, unknown accident history, and repair costs can bite anytime with no warranty. For a first car on a fresh grad budget, my honest lean is: a new Axia or a nearly-new Myvi is often the smarter buy in Malaysia specifically, because these two hold their value remarkably well and are dirt cheap to maintain, so the new car penalty is much smaller than with fancier brands. If you go used, buy a 2 to 3 year old Myvi or Axia, letting the first owner absorb the steepest depreciation, and always get an independent mechanic to inspect it before paying, never trust the seller's word. Whatever you pick, keep the total car cost, loan plus petrol plus insurance plus roadtax plus maintenance, under about 15 to 20 percent of your take-home, or the car will own you instead.
Anonymous contributor Beginner First-hand experience
The cheapest total cost of ownership for a fresh grad is usually a carefully chosen 2 to 3 year old Myvi bought from a genuine, careful previous owner. That way you skip the worst chunk of depreciation that hits a brand new car the moment it leaves the showroom, while still getting a famously reliable and dirt-cheap-to-maintain vehicle with parts available at every corner workshop. The critical rule though: bring a trusted independent mechanic to inspect it thoroughly before you pay a single sen, checking specifically for flood damage, accident repair history, and engine or gearbox issues that a quick test drive will not reveal. Brand new gives you comfort and total peace of mind with the warranty, used gives you clear value if and only if you do your homework properly. For a tight fresh grad budget, careful used usually wins on the numbers.
Auntie Confinement Poh Beginner First-hand experience Confinement lady 30 years, I know pantang, baby jaundice and new mum recovery betul-betul.
As a fresh grad, honestly the first question is whether you even need a car right now at all. If you happen to live and work near the LRT or MRT, seriously consider delaying the car purchase by a year or two and banking that entire monthly instalment instead, because it builds a real financial cushion frighteningly fast. When I finally did buy, I got a used Axia mostly with cash plus a tiny loan, and I never once felt the financial choke that so many of my car-loan-burdened friends complained about constantly. Those extra no-car-debt years early in my career quietly set me up with savings and an emergency fund that made everything afterwards easier. The smartest car decision for many fresh grads is postponing it, not optimising which model. Public transport a bit longer is a genuine power move.
Anonymous contributor Beginner First-hand experience
Go new for peace of mind if, and only if, you can comfortably afford the monthly instalment without stretching, because the warranty and the freedom from any breakdown worry are genuinely worth a lot when you are commuting to a brand new job and simply cannot afford to have your car die on you unexpectedly. Being late to work because your unreliable used car broke down is a real risk to a fresh career. But the crucial caveat: do NOT overstretch into a long 7 or 9 year loan on something fancier than a Myvi or Axia just to look successful in front of friends, because that is the classic trap that chokes your cash flow for your entire 20s. A boring, reliable, cheap-to-run new Perodua bought within your means is honestly the smart fresh grad power move. Reliability over flash.

Answer this

or Log in Answer with your account and build reputation.

Related questions

3
Cars & Motorcycles 6 answers Solved

Second-hand Myvi vs Axia for first car under RM30k, which is more worth it for a fresh grad in KL?

Just started my first job in KL, salary RM3,200, and I need a car because public transport…

699 views
0
Cars & Motorcycles 5 answers Solved

Perodua Myvi vs Proton Saga as a first car for a fresh grad earning RM2,800, what would you actually pick?

Just started my first job earning RM2,800 in Shah Alam, need a car because public transpor…

509 views
5
Cars & Motorcycles 5 answers Solved

What are the pitfalls of buying a second-hand car from a dealer versus direct owner in Malaysia

Looking to buy my first used car, budget around RM45,000 for maybe a Honda City or Myvi. E…

799 views
27
Cars & Motorcycles 4 answers Solved

First car, new Myvi or a second hand continental?

Fresh into working life, budget tight. New Perodua the safe choice, or a used continental …

327 views
0
Cars & Motorcycles 4 answers Bounty 5 points

Renew roadtax online MyEG vs JPJ counter, which better?

First time renewing roadtax myself. MyEG charges a service fee. Worth paying that or bette…

752 views
4
Cars & Motorcycles 4 answers Solved

First car - Myvi or Axia? Gaji RM3500 only.

Fresh in working life, need a car for commute in KL. Torn between Perodua Myvi and Axia. G…

7,100 views