To have a car or no car in KL

Old Sep 4th 2017, 9:36 am
  #1  
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Default To have a car or no car in KL

While recently in KL getting the visa we used Uber taxis/Grap taxis all the time and the MRT. It all worked very well and was very cheap! So I thought why buy a car...just hire when you want to go further afield.

Anyway any thoughts from KL dwellers...do you have a car?
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Old Sep 4th 2017, 11:47 am
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Default Re: To have a car or no car in KL

A lot of my KL based colleagues don't have a car
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Old Sep 4th 2017, 2:02 pm
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Default Re: To have a car or no car in KL

When I was in KL I did not have a car. Now I habe and need to come back there from time to time. I totally hate driving in KL, after one day I need some days break. Of cause if you do a lot of shopping in KL you need it.
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Old Sep 5th 2017, 1:32 am
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Default Re: To have a car or no car in KL

I live in KL without a car. No problems at all. Uber and Grab are trying to destoy each other and there are always promotions on offer.
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Old Sep 5th 2017, 9:53 pm
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Default Re: To have a car or no car in KL

As a spin off of not buying a car it seems if you are a MM2H visa holder that not taking the tax free opportunity on a new car purchase is potentially missing out on a deferred profit opportunity (plus a chance to reduce your FD holding).

Given the high cost of vehicles in Malaysia and even factoring in the duty you will pay when you sell surely you will be on the upside of this deal. Anyone have experience of this?
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Old Sep 6th 2017, 10:56 am
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Default Re: To have a car or no car in KL

Macsta, the system related to tax rebates for MM2H holders has changed. The MM2H approval letters have changed wordings compared to previous years. I am not sure whether there is still a tax benefit to be had.
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