by Charlie
Letter
An ad in UK says :
Toyota Estima Emina 2.4 Latest Edition.
5 Doors, Automatic, MPV, Petrol, 49,000 miles, Pearl White, 02 Reg year 2002, Air Conditioning, Anti-Lock Braking System, Central Locking, Compact Disc Player, 8 Seats, Electric Mirrors, Electric Windows, Adjustable Seat Height, Adjustable Steering Column, Air Bag, Alarm,
£8595
This car will sell for RM 160,000 in KL.
But £1 = RM 4.794
£ 8595 = RM 41,204.
So cheap? Cannot be!
OK. The pound took a dip. Lets use the old old rate of £1= RM 7
Then £ 8595 = RM 60,165
So cheap ? Really ? Why are we Malaysians paying RM 160,000?
The costing is :
Vehicle CIF — RM 60,000
Duty.Taxes/profit — RM 60,000
The other RM 40,000? Goes to the notorious AP.
If I sell 1 AP per month, my income is higher than the monthly salary of a CEO of a listed company. More than 1.5 times the annual salary of a fresh graduate.
If I sell 2 APs per month, I am a millionaire by definition : million dollar income.
Why do you want to go to U, struggle for 3-4 years, and get paid less than what they make with 1-AP?
Now I know why AP is extended again and again, and again …….