Malaysia’s used car industry saw significant growth in 2021 due to several contributing factors – from global supply chain disruptions and chip shortages which affected new car sales or contributed towards higher prices, to consumers leaning towards private car ownership over ride-hailing services and public transport during the pandemic.
With Malaysians continuing to see private car ownership as a necessity, Caresome are delighted to share Carsome Insights 2021 – a series of 12 infographics that reveals top trends and preferences among used car buyers, sellers, and dealers in Malaysia.
Key findings include:
- Insights among used car buyers
- Perodua (41%) leads the most popular car brands among consumers, followed by Honda (23%) and Proton (18%)
- Perodua Myvi (25%) is the preferred car model among consumers, followed by Proton Axia (17%) and Honda City (11%)
- White (28%) is the most popular car colour among consumers, followed closely by silver (24%) and gray (19%)
- Insights among used car sellers
- Perodua is the most popular car brand among cars sold to Carsome, accounting for 35% of all vehicles, followed by Proton (24%) and Toyota (20%)
- Perodua Myvi (25% of transactions) is the most popular car model, followed by Proton Axia (17%) and Honda City (11%)
- White (30%) is the most popular car color sold to Carsome followed by gray (27%) and black (19%)
- Insights among used car dealers
- Toyota (32%) is the preferred car brand among dealers, topping Perodua (22%), and Honda (20%)
- Perodua Myvi (21%) is the most popular car model among used car dealers. Toyota Vios (13%) is a distant second, followed by Honda City (11%).
- White (33%) is the most popular car color among used car dealers, followed by silver (24%) and black (21%)