"What's the catch?" Well the catch is that you will never actually own the car and even if you choose to buy the car in the end, you're paying way more than you actually would on a traditional hire purchase arrangement.
Like I said, it's ideal for those who change cars regularly. If you were to buy the car with a bank loan, you'd sell it after 3/4 years anyway. If you had taken a short loan, then cool, what you get when you sell the car can go into the next car. But, you'd have paid a much higher monthly instalment along the way. Or, if take a longer loan, the cash you get back when you sell the first car would be just about enough, or a little bit more to cover the outstanding amount in the loan. Point is, specifically for those who change cars every 3 years or so (and there are many of us), Agility makes a lot of sense.
Correct bro. For me max 15%. Normal b40 people buy saga also costly more than 40% of their salary. And this one not include maintenance, roadtax, fuel and etc.
Please be careful with the information provided by this video. It can be quite misleading. $8k vs $5k. After 3 years of paying $8k per month, you own the car. Yes you would have paid $108k more but can the 3 year old car resell for more than that amount? I would say yes! From my understanding, the Agility program has higher interest rates too. At the end of the day, you might be worse off if you are not careful witn the numbers.
Leasing will always be more expensive than buying. But it has it's own perks. For example once you're done with your lease, you can just get a new car without further downpayments.
Agility Financing is basically a lease program. It's hassle free and for people who like to change cars every now and then, this is the perfect way. Glad to see us Malaysians getting more options when it comes to financing.
Actually, Agility Financing in Malaysia can be customised to also include car insurance, tyre and rim insurance, Return to Invoice Insurance, servicing and even wear and tear parts
Wonder what is his salary.. just under 5k a month is not small money at all.. i myself earn 14k a month after deduction also struggling and barely enough to cover and save some monthly.. 1 kid and a wife.. 1 house.. i see the trend nowadays even with lower salary than mine drives way better car than what I'm driving now.. to each his own.. i do drive an 8 year old e class.. but not looking to buy new one yet.. congrats nonetheless..
Hafriz is single, and maybe he didnt buy the house yet, that alone allow him to buy any luxury car, its our choice btw, want a fun car to drive or buy a house
He is single bang...but i do agree at your point...same happens to me... But then i bump into one bobby ang video....most of this case is passion...no wonder how dire your financial is...just do tour best or anything possible to get the car... So i believe most of them are driven by the passion
Wow congratulations hafriz to get your c class coupe but this agility financing really helps people to get mercedes benz with flexible monthly payment and great deals.The best or nothing!
Agility Financing = "Godsend leasing", end of the day u "godsend" it back to Mercedes Benz Malaysia. Sob sob... anyway nice video intro such special financing from Harfiz!
Ong Teng Wai hahaha! Thanks buddy. Send it back, sure. But in the meantime you've saved on monthly instalments. And depending on your financial situation after that, you can get a nicer car 😁
180k spent in 3 years and the car still don't belong to you.... I could drive a Mazda 6 and own it and still make some money after selling it.. just wow
Why not convert to saga? You will be owning like 6 sagas after spending 180k and you get tue ultimate bragging rights by saying ‘ i own 6 cars’ but cant tell the brand la
I like the idea of agility financing. I believe Nissan has taken steps to implement this financial as well. I am a guy who is always bored after a few years of using the cars and someone who is chasing new cool tech. Having it finance, I have to use the car at least 3/4 yrs before need to pay the difference to the bank, waste of money since finance will sakau the interest for the first 3/4yrs loan tenure. Hafidz, can you give an example of Merc agility finance using an actual sample, say C200 or GLC200?
Oh is it mean leasing in other words? Borrow for 3 years by paying under 5k each month,after 3 years if u don't like it u can change to other new merc..waa then the 3 years money burn lo?
Upon reaching the end of tenure, how does trade-in work? Does it mean I return the car back without any money return to me regardless of the GFV/Balloon amount and I have to pay for downpayment out of my pocket again for a new car?
But if u choose to buy mercedes using normal financing and u have plan to sell it in future, is it easy to sell it? For example, is there anyone willing to buy a45s second hand? This is not Myvi / proton that anyone with 2k salary can buy.
Ahahahahahahaha " it's just that simple " never trust that, ever. Instead buy a 2nd hand car u don't need to worry about depreciation since the 1st owner has already deal with that bs and buying 2nd hand car is good for the environment since you're recycling it.
If there are not so much cheaters 2nd car dealership out there... Ppls choose to buy new car instead of 2nd, becoz a lot of 2nd dealership are dishonest... Ppls dont have faith in them.
normally i'd agree on the "2nd hand car is better" principle but not for premium cars like mercs or beemers. can you imagine the amount of cash you'd have to splurge just on spare parts and/or servicing/maintenance on top of the monthly installment you'd still have to pay for? jesus. bottom line is; agility is for people who intend to switch cars after a few years, and never get a 2d hand premium car (unless risk and affordability aint a big issue for you)
Hi Hafriz, Did you pay another downpayment for your second car? Did the trade in value enough to cover the downpayment? Don't quite understand the change to a new car after 3 years without any new down payment. Thanks.
No money don't jealous la bro. Every people got different level of income. As long as they don't touch your money, why bothered. If their income more than rm50k per month and don't know what to do. They will buy anything what the normal B40 people think they crazy.
Beautiful car hafriz! Dat color damn Also one issue with agility financing is that if u want to keep the car, u end up paying way more than the car's actual price
Hi Hafriz, just a courtesy question, how much the total cost for 3 years of the C300 you had driven and again what will be the total cost for the C300 coupe that you are driving now? Kindly share it with us. Thank you in anticipation. Just sincerely wanted to evaluate my personal affordability
I don't do a lot of mileage, so maybe my experience isn't an ideal reference for you. But anyway, servicing was around RM1,500 to RM3,000 every 12 months/12,000 km. Later on the scheduled maintenance would also include more and more replacement parts such as the brake discs, so do prep for that too. Tyres, it was around RM5,000 after the first 20,000 km.
Hafriz Shah thanks for the reply, could I say the total cost for the pleasure of ownership for 3 years is RM 60,000 x 3 = RM 180,000? Inclusive of maintenance and financing cost and depreciation?
Play the game within your own means man. If you can't afford it don't. No need to put yourself in financial strain just to look cool in front your relatives and friends.
Then why are u watching/following this page 😂 It's meant for car enthusiast. Different people hv different way to seek for happiness out of their money, some like expensive designers clothing, some like charity projects, some like cars some just like to see their money keep growing inside the bank/investment only to die without having chances to enjoy the money 😂
"What's the catch?" Well the catch is that you will never actually own the car and even if you choose to buy the car in the end, you're paying way more than you actually would on a traditional hire purchase arrangement.
Agree. And if u were to return the car to MBM, u have to standby cash to return the car in its tip top condition just like as u just gotten the car.
Like I said, it's ideal for those who change cars regularly. If you were to buy the car with a bank loan, you'd sell it after 3/4 years anyway.
If you had taken a short loan, then cool, what you get when you sell the car can go into the next car. But, you'd have paid a much higher monthly instalment along the way.
Or, if take a longer loan, the cash you get back when you sell the first car would be just about enough, or a little bit more to cover the outstanding amount in the loan.
Point is, specifically for those who change cars every 3 years or so (and there are many of us), Agility makes a lot of sense.
lone ranger in my experience, they were not all that particular on the car's condition upon return. As long as it's in reasonable condition.
@@hafrizshah4937 thanks for the clarification! Did u do any making good prior to returning your c300?
lone ranger nope, sent it in for inspection as it was. All ok.
No matter which method, just make sure your monthly commitment not more than 20% of your income la....
well said
My commitment is only to my cat. Coz I'm a slave to him.
Smart..
20% is still too much bro.
Correct bro. For me max 15%. Normal b40 people buy saga also costly more than 40% of their salary. And this one not include maintenance, roadtax, fuel and etc.
Please be careful with the information provided by this video. It can be quite misleading.
$8k vs $5k. After 3 years of paying $8k per month, you own the car. Yes you would have paid $108k more but can the 3 year old car resell for more than that amount? I would say yes!
From my understanding, the Agility program has higher interest rates too. At the end of the day, you might be worse off if you are not careful witn the numbers.
Leasing will always be more expensive than buying. But it has it's own perks. For example once you're done with your lease, you can just get a new car without further downpayments.
Hafriz is the only person that could make paying 5k per month for a car sounded like it's nothing😂👍
Agility Financing is basically a lease program. It's hassle free and for people who like to change cars every now and then, this is the perfect way. Glad to see us Malaysians getting more options when it comes to financing.
Just get the proton saga 2019 got Mercedes rim and diffuser
Hafriz going to ram through the glass door? 😂
I cant buy a merc.....i dont have a 3 piece suit
IMO, would have been better if they cover all insurance, road tax, and service cost.
Kind of like a leasing service.
Actually, Agility Financing in Malaysia can be customised to also include car insurance, tyre and rim insurance, Return to Invoice Insurance, servicing and even wear and tear parts
@@hafrizshah4937 this kind of financing works best if you're an expats living in Malaysia for few years and then move to another country
MBM, u hv anything to lease under rm500 a month? 🤭
Wonder what is his salary.. just under 5k a month is not small money at all.. i myself earn 14k a month after deduction also struggling and barely enough to cover and save some monthly.. 1 kid and a wife.. 1 house.. i see the trend nowadays even with lower salary than mine drives way better car than what I'm driving now.. to each his own.. i do drive an 8 year old e class.. but not looking to buy new one yet.. congrats nonetheless..
This video is clearly an advertisement.
he is single. yes agree,lots of ppl are driving cars beyond their means
Hafriz is single, and maybe he didnt buy the house yet, that alone allow him to buy any luxury car, its our choice btw, want a fun car to drive or buy a house
He is single bang...but i do agree at your point...same happens to me...
But then i bump into one bobby ang video....most of this case is passion...no wonder how dire your financial is...just do tour best or anything possible to get the car...
So i believe most of them are driven by the passion
You are the smart one, dont change your car until you need to, looks doesn't really matter as much as some people think it might matter.
Wow congratulations hafriz to get your c class coupe but this agility financing really helps people to get mercedes benz with flexible monthly payment and great deals.The best or nothing!
Yeah bmw and volvo has the same thing top btw
Peter Ambrose ..
Thanks!
is it only mercedes that makes this agility financing , or are there other companies that does this as well?
Agility Financing = "Godsend leasing", end of the day u "godsend" it back to Mercedes Benz Malaysia. Sob sob...
anyway nice video intro such special financing from Harfiz!
Ong Teng Wai hahaha! Thanks buddy.
Send it back, sure. But in the meantime you've saved on monthly instalments. And depending on your financial situation after that, you can get a nicer car 😁
hutanggg, gaya dulu..its leasing not hire purchase
180k spent in 3 years and the car still don't belong to you.... I could drive a Mazda 6 and own it and still make some money after selling it.. just wow
Great point!
That's the point, you'll be driving a Mazda whereas he will be driving a Benz.
Why not convert to saga? You will be owning like 6 sagas after spending 180k and you get tue ultimate bragging rights by saying ‘ i own 6 cars’ but cant tell the brand la
If only all car manufacturers offered such financing plans. I'm looking at you, Ferrari. Hello?
I like the idea of agility financing. I believe Nissan has taken steps to implement this financial as well. I am a guy who is always bored after a few years of using the cars and someone who is chasing new cool tech. Having it finance, I have to use the car at least 3/4 yrs before need to pay the difference to the bank, waste of money since finance will sakau the interest for the first 3/4yrs loan tenure. Hafidz, can you give an example of Merc agility finance using an actual sample, say C200 or GLC200?
Oh is it mean leasing in other words? Borrow for 3 years by paying under 5k each month,after 3 years if u don't like it u can change to other new merc..waa then the 3 years money burn lo?
Too much money to spend on a MB... Just get a Persona and spend your money on good food and travelling..
“Certain someone” hahaha!
Xie Yu Zheng hahaha have seen too many comments on it!
Question: so after the 3 year term, if you are going to get a new car, you will have to pay the 10% down payment for the new car? Or it’s zero down?
I shaked my head instinctively watching this video. Crazy Malaysian
Upon reaching the end of tenure, how does trade-in work? Does it mean I return the car back without any money return to me regardless of the GFV/Balloon amount and I have to pay for downpayment out of my pocket again for a new car?
Any answer to this?
But if u choose to buy mercedes using normal financing and u have plan to sell it in future, is it easy to sell it? For example, is there anyone willing to buy a45s second hand? This is not Myvi / proton that anyone with 2k salary can buy.
I read that we should only spend 10% of your salary for cars. Still can't imagine myself paying 5k/month even if I'm earning 50k/month...
Trust me, when you're earning 50k a month your whole mindset will definitely change.
@@LemtemPoktui Im earning rm45k month and no my mindset still dont change.
@@joharirahman9680 Your'e the rare breed.
Same here, i earn as much but i only have a 2010 vellfire, 2014 alza and 2010 hilux (for work). I’ve also kept my 2004 wira.
Ahahahahahahaha " it's just that simple " never trust that, ever. Instead buy a 2nd hand car u don't need to worry about depreciation since the 1st owner has already deal with that bs and buying 2nd hand car is good for the environment since you're recycling it.
If there are not so much cheaters 2nd car dealership out there... Ppls choose to buy new car instead of 2nd, becoz a lot of 2nd dealership are dishonest... Ppls dont have faith in them.
Wait untill u get problematic 2nd car..
Used cars, well, I rather not have to worry about reliability issues, especially if the car is out of warranty (yikes for premium cars)
normally i'd agree on the "2nd hand car is better" principle but not for premium cars like mercs or beemers. can you imagine the amount of cash you'd have to splurge just on spare parts and/or servicing/maintenance on top of the monthly installment you'd still have to pay for? jesus.
bottom line is; agility is for people who intend to switch cars after a few years, and never get a 2d hand premium car (unless risk and affordability aint a big issue for you)
Get a recond car or and unregistered car that would provide you with a good car with depreciation counted in.
Hi Hafriz, Did you pay another downpayment for your second car? Did the trade in value enough to cover the downpayment? Don't quite understand the change to a new car after 3 years without any new down payment. Thanks.
The guaranteed future value of the car can be used for down payment of the next car
No money don't jealous la bro. Every people got different level of income. As long as they don't touch your money, why bothered.
If their income more than rm50k per month and don't know what to do. They will buy anything what the normal B40 people think they crazy.
Omg I just realised. He does look like him
akmal faruzzi unfortunately, yes 🤣
he is him
If change to new car without downpayment then wow..
thank u for this video! very informative!
What about the interest ?
Can choose All kind of model?.
of course
Most models are available under Agility Financing, except for a few AMGs and such.
Beautiful car hafriz!
Dat color damn
Also one issue with agility financing is that if u want to keep the car, u end up paying way more than the car's actual price
Its all the same la bro u loan from bank also same one. If u wan to pay for the actual price u buy it cash.
If u want to get a new one then do u have to pay the guaranteed future value or what ?
Yes you will need to pay off the gfv for either trade in or return back to MB.
GLB200 can?
Superb Info bro.
inderjit varma thank you!
What happen to the car after returning it
irfan faris it will likely go into the Mercedes-Benz Certified Pre-owned showrooms.
Hafriz, ls there any mileage limitation? What happens if u above that limit upon returning your car?
If you exceed it, they will charge you extra money.
@@LemtemPoktui like,what is the limit?
"looks like a certain someone" tu jho low ke? hehehehe
Hi Hafriz, just a courtesy question, how much the total cost for 3 years of the C300 you had driven and again what will be the total cost for the C300 coupe that you are driving now? Kindly share it with us. Thank you in anticipation. Just sincerely wanted to evaluate my personal affordability
I don't do a lot of mileage, so maybe my experience isn't an ideal reference for you. But anyway, servicing was around RM1,500 to RM3,000 every 12 months/12,000 km. Later on the scheduled maintenance would also include more and more replacement parts such as the brake discs, so do prep for that too. Tyres, it was around RM5,000 after the first 20,000 km.
Hafriz Shah thanks for the reply, could I say the total cost for the pleasure of ownership for 3 years is RM 60,000 x 3 = RM 180,000? Inclusive of maintenance and financing cost and depreciation?
Rm3k a month
yeah... no
Why would anybody wear a full 3 piece suit in Malaysia is beyond any comprehensible logic lol
which is why he drives a benz and u korek hidung keyboard warrior
How we sacrifice comfort for style... Hafiz looks handsome and stylish.. Trying to impress his new found gf..
congrats!
Bankrap faster.. keep on paying instalment
Play the game within your own means man. If you can't afford it don't. No need to put yourself in financial strain just to look cool in front your relatives and friends.
I want a Mercedes
AmG nice ...
How about if I exceed the 20k - 30k KM/year? What will happen?
You get charged extra money.
still cant afford it mate :)
Whats the point of driving something that costly? It not going to help a dorky you get women hafriz
kazi789 well now. You'd be surprised 😉
It doesnt, coz Hafriz Shah scores women on his own merits.
This is not how you waste money..i know you are rich. Car is a depreciating object it is not worth it.
Then why are u watching/following this page 😂
It's meant for car enthusiast. Different people hv different way to seek for happiness out of their money, some like expensive designers clothing, some like charity projects, some like cars some just like to see their money keep growing inside the bank/investment only to die without having chances to enjoy the money 😂
Your TV, fridge and washing machine also depreciating object, so don’t buy any?
Bro.. your money goes to where your heart's treasure is.. so his is cars. Mine is family and Yours might be others hobbies... So it all depends
Lol!
Hope he gets a wife soon
Huawei Chan I don't 😏