The headline median edged up 0.3%, driven by a richer vehicle mix. Once model, year and specification were held comparable, asking prices eased 0.9%.
Carvaly
MONTHLY MARKET REPORT · ISSUE 07/26Malaysia · July 2026
The used-car market,
clearly valued.
An independent, evidence-led view of asking prices, inventory, depreciation and buyer opportunity across Malaysia.
133,767logic-consistent cars observed
−0.9%comparable-basket price movement
66%of market below RM 100,000
Prepared by Carvaly Market IntelligencePublished 12 August 2026
01 · Market pulse
July at a glance
Broad headline prices held near June levels, while a like-for-like view shows a mild softening beneath the surface.
Carvaly
Observed market133,767cars seen in July
Median asking priceRM 60,000headline median
Comparable price−0.9%versus June
Listings repriced14.2%of matched cars cut
What changed
Nearly one in four July listings were newly observed during the month, keeping buyer choice fresh even as availability shifted between nameplates.
Most sellers held firm. Among cars cut between June and July, the typical adjustment was RM 3,000 or 4.2%.
The market remains accessible: 43% of cars were below RM 50,000 and 66% below RM 100,000.
Buyer read-through
Market scope: editorial snapshot of Malaysian used-car asking prices observed 1–31 July 2026 (Malaysia time). June 2026 is the comparison period.
02 · Price architecture
Where the market sits
A broad lower-market base supports accessibility, while premium and luxury vehicles account for one third of observed supply.
Carvaly
Inventory by buyer budget
P90RM 263,000P75RM 143,000MEDIANRM 60,000P25RM 28,800P10RM 14,800
03 · Market leaders
The brands buyers saw most
Toyota alone represented roughly one in five observed cars; Japanese and national brands dominate the high-liquidity core.
Carvaly
20.4%Toyota share of observed inventory
6 of 10largest brands priced below RM 100k median
Its depth spans value saloons, pickups, SUVs and premium MPVs—creating a market with unusually broad price coverage.
6 of 10largest brands priced below RM 100k median
That keeps mainstream choice wide despite the premium tilt in newer supply.
| Brand | Observed | Median ask | Comparable vs Jun |
|---|---|---|---|
| Volkswagen | 2,843 | RM 38,800 | -1.30% |
| Mitsubishi | 2,758 | RM 48,894 | -1.07% |
| Kia | 2,108 | RM 27,800 | -0.82% |
| Ford | 1,901 | RM 57,800 | -1.04% |
| MINI | 1,521 | RM 115,000 | -0.75% |
04 · High-liquidity models
Malaysia’s most visible nameplates
The leading models provide the strongest comparison sets for buyers—and the clearest pricing signals.
Carvaly
| # | Make & model | Cars | Median | Yr | Mileage | vs Jun |
|---|---|---|---|---|---|---|
| 01 | Toyota Alphard | 5,437 | RM 197,000 | 2021 | 37k km | -0.86% |
| 02 | Perodua Myvi | 4,866 | RM 25,800 | 2016 | 104k km | -0.76% |
| 03 | Honda Civic | 3,399 | RM 65,999 | 2018 | 87k km | -1.03% |
| 04 | Honda City | 3,343 | RM 43,800 | 2019 | 90k km | -1.13% |
| 05 | Toyota Vios | 3,189 | RM 38,500 | 2016 | 97k km | -1.10% |
| 06 | Toyota Vellfire | 2,895 | RM 145,888 | 2018 | 67k km | -1.32% |
| 07 | Toyota Harrier | 2,496 | RM 150,000 | 2021 | 32k km | -0.84% |
| 08 | Proton Saga | 2,374 | RM 15,500 | 2018 | 87k km | -0.96% |
| 09 | Perodua Axia | 2,106 | RM 24,000 | 2019 | 72k km | -0.90% |
| 10 | Perodua Alza | 1,763 | RM 30,900 | 2018 | 90k km | -0.28% |
| 11 | Perodua Bezza | 1,759 | RM 31,000 | 2020 | 76k km | -1.09% |
| 12 | Honda CR-V | 1,589 | RM 66,808 | 2018 | 82k km | -1.57% |
| 13 | Honda HR-V | 1,559 | RM 55,800 | 2018 | 83k km | -1.32% |
| 14 | Proton Persona | 1,463 | RM 18,800 | 2018 | 88k km | -0.91% |
| 15 | Mitsubishi Triton | 1,414 | RM 56,800 | 2018 | 105k km | -1.07% |
| 16 | Proton X70 | 1,412 | RM 49,900 | 2020 | 65k km | -0.87% |
| 17 | Toyota Hilux | 1,369 | RM 72,800 | 2019 | 106k km | -1.01% |
| 18 | Proton X50 | 1,263 | RM 59,800 | 2022 | 43k km | -0.66% |
Liquidity lensThe top five models alone accounted for 15% of July’s logic-consistent inventory. That depth makes them easier to benchmark by year, trim and mileage.
05 · Price movement
Softness was selective
Comparable prices eased across much of the market, but the size of the move varied materially by model.
Carvaly
Headline median+0.3%mix-sensitive
Comparable basket−0.9%cleaner market signal
Stable cohorts4,926model-year-spec groups
Models under more pressure
Models closest to flat
06 · Seller repricing
Most cars held; targeted cuts mattered
Matched listing histories show where sellers adjusted, without interpreting dealer behaviour or ownership data.
Carvaly
Matched cars97,738
Unchanged84.5%
Reduced14.2%median RM 3,000
Increased1.3%
| Model | Matched | Cut share | Typical cut | Cut % |
|---|---|---|---|---|
| Toyota Supra | 117 | 32.5% | RM 5,750 | −1.92% |
| Mercedes CLA45 AMG | 137 | 28.5% | RM 5,000 | −3.79% |
| BMW 218i | 233 | 27.0% | RM 4,000 | −5.12% |
| Volvo XC90 | 172 | 26.7% | RM 6,000 | −5.99% |
| MINI Cooper | 573 | 26.5% | RM 4,000 | −3.34% |
| Porsche Macan | 562 | 25.3% | RM 10,000 | −3.63% |
| Mercedes A200 | 240 | 25.0% | RM 3,000 | −3.03% |
| Volkswagen Tiguan | 311 | 24.4% | RM 3,005 | −5.78% |
| Porsche Cayenne | 318 | 24.2% | RM 9,550 | −3.39% |
| Nissan Serena | 611 | 23.4% | RM 2,000 | −3.47% |
| Toyota Corolla Cross | 254 | 23.2% | RM 3,000 | −3.01% |
| Porsche Panamera | 168 | 23.2% | RM 16,000 | −4.64% |
07 · Inventory momentum
Choice rotated between nameplates
This view compares each model’s share of like-for-like marketplace coverage, avoiding false growth from coverage changes.
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Growing share
Contracting share
08 · Regional market
Supply clusters around Klang Valley
Known-location listings show a concentrated market, with substantial differences in the vehicle mix—and therefore headline price—between states.
Carvaly
72%of known-state inventory in Kuala Lumpur & Selangor
| State | Cars | Median ask |
|---|---|---|
| Pahang | 468 | RM 31,400 |
| Kelantan | 389 | RM 23,300 |
| Terengganu | 250 | RM 20,400 |
| Putrajaya | 152 | RM 44,150 |
09 · City-level opportunity
Local markets serve different budgets
City medians largely describe inventory mix. They are most useful for deciding where a wider search may add comparison choices.
Carvaly
Kuala Lumpur7,390 cars
median RM 183,000Cheras4,797 cars
median RM 64,800Johor Bahru4,413 cars
median RM 68,888Selangor3,348 cars
median RM 154,999Kajang2,059 cars
median RM 58,888Petaling Jaya1,907 cars
median RM 122,800Seri Kembangan1,564 cars
median RM 56,990Shah Alam1,412 cars
median RM 168,000Sungai Besi1,412 cars
median RM 38,900Klang1,162 cars
median RM 106,361Puchong829 cars
median RM 67,700Ampang788 cars
median RM 79,900Skudai726 · RM 67,844Ipoh687 · RM 45,000Chan Sow Lin628 · RM 178,444Serdang618 · RM 46,850Muar618 · RM 25,800
10 · Market mix
SUVs challenge sedans; petrol still dominates
Known attribute coverage reveals a diverse body-style market but a powertrain mix still centred on petrol.
Carvaly
Body style share
Fuel share
Petrol38,506 known cars
85.0%Diesel3,623 known cars
8.0%Hybrid1,600 known cars
3.5%Electric1,584 known cars
3.5%| Type | Observed | Median ask |
|---|---|---|
| Sedan | 15,803 | RM 49,700 |
| SUV | 14,580 | RM 100,800 |
| Hatchback | 7,677 | RM 35,800 |
| MPV | 7,423 | RM 89,999 |
| Coupe | 4,313 | RM 220,000 |
| Pickup | 1,948 | RM 60,650 |
Attribute analyses use known values only: body type 41.5% coverage; fuel type 33.9%.
11 · Vehicle age
The value curve steepens early
Age is one of the strongest price separators, but the spread within each band shows why model and mileage still matter.
Carvaly
| Age | Observed | Lower quartile | Median | Upper quartile |
|---|---|---|---|---|
| 0–2 years | 12,971 | RM 87,800 | RM 168,000 | RM 288,000 |
| 3–5 years | 34,448 | RM 71,800 | RM 145,800 | RM 224,000 |
| 6–10 years | 43,009 | RM 38,600 | RM 61,500 | RM 112,200 |
| 11–15 years | 26,345 | RM 17,999 | RM 28,800 | RM 45,500 |
| 16+ years | 16,994 | RM 8,000 | RM 14,800 | RM 26,800 |
12 · Mileage
Mileage discounts are not linear
Comparing within the same model and year isolates a clearer mileage effect than headline price differences.
Carvaly
Mileage analysis uses valid recorded odometer values only (41.0% of July observations).
13 · Depreciation outlook
Ownership cost varies sharply by model
Carvaly’s market value curves translate current listing evidence into an indicative annual depreciation rate and five-year retention view.
Carvaly
| Model | Indicative annual | 5-year retention | Signal |
|---|---|---|---|
| Perodua Myvi | 6.2% | 80.0% | Stronger |
| Honda Civic | 10.4% | 52.8% | Watch |
| Honda City | 9.6% | 75.3% | Stronger |
| Toyota Vios | 7.7% | 69.4% | Moderate |
| Toyota Harrier | 8.0% | 83.2% | Stronger |
| Proton Saga | 13.1% | 66.8% | Moderate |
| Perodua Alza | 8.2% | 80.8% | Stronger |
| Perodua Bezza | 7.9% | 88.6% | Stronger |
| Honda CR-V | 9.0% | 73.3% | Moderate |
| Honda HR-V | 10.3% | 69.2% | Moderate |
| Proton Persona | 9.3% | 56.0% | Watch |
| Mitsubishi Triton | 9.2% | 76.2% | Stronger |
| Proton X70 | 8.7% | 69.9% | Moderate |
| Proton X50 | 6.6% | 44.4% | Watch |
| Ford Ranger | 13.1% | 58.0% | Watch |
| Mercedes C200 | 14.7% | 58.3% | Watch |
| Honda Accord | 13.1% | 68.3% | Moderate |
| Toyota Camry | 15.2% | 43.6% | Watch |
| Nissan Serena | 11.2% | 54.0% | Watch |
| Nissan Almera | 17.1% | 54.5% | Watch |
Indicative curves are market-based estimates, not guaranteed future resale values. Actual outcomes vary by trim, condition, mileage, maintenance and market demand.
14 · Carvaly value bands
Reference ranges for popular models
Midpoints and bands summarise the July value signal for commonly listed model cohorts. They are a starting point for a vehicle-specific valuation.
Carvaly
| Model | Lower | Midpoint | Upper | Value band |
|---|---|---|---|---|
| Perodua Myvi | RM 24,862 | RM 26,661 | RM 28,367 | |
| Toyota Vios | RM 33,897 | RM 35,422 | RM 37,961 | |
| Honda City | RM 39,388 | RM 41,535 | RM 43,467 | |
| Honda Civic | RM 58,445 | RM 61,069 | RM 63,211 | |
| Toyota Alphard | RM 153,689 | RM 161,905 | RM 174,263 | |
| Toyota Vellfire | RM 106,281 | RM 110,716 | RM 113,412 | |
| Perodua Axia | RM 22,437 | RM 23,084 | RM 24,420 | |
| Proton Saga | RM 15,273 | RM 16,421 | RM 17,913 | |
| Perodua Alza | RM 28,834 | RM 30,570 | RM 31,406 | |
| Perodua Bezza | RM 28,593 | RM 30,243 | RM 31,398 | |
| Toyota Harrier | RM 122,385 | RM 127,202 | RM 136,474 | |
| Honda CR-V | RM 60,622 | RM 62,723 | RM 64,623 | |
| Honda HR-V | RM 49,534 | RM 51,514 | RM 53,851 | |
| Proton X50 | RM 53,574 | RM 56,118 | RM 58,164 | |
| Proton Persona | RM 20,478 | RM 21,545 | RM 22,406 | |
| Honda Accord | RM 31,022 | RM 31,981 | RM 33,534 | |
| Mazda CX-5 | RM 60,629 | RM 63,087 | RM 65,658 |
15 · Buyer shortlists
High-choice options below RM 80,000
These are the most commonly listed models inside each budget—not endorsements of a particular car or seller.
Carvaly
Under RM 30k
RM 30k–50k
RM 50k–80k
Budget ruleKeep 8–12% outside the purchase price for inspection, transfer, insurance and early maintenance—more for older or premium vehicles.
16 · Buyer shortlists
Where choice concentrates above RM 80,000
Late-model mainstream SUVs, pickups and performance cars increasingly overlap on price—making total ownership cost the deciding factor.
Carvaly
RM 80k–120k
RM 120k–200k
RM 200k+
17 · Specialist segments
Luxury depth; accessible performance
Premium MPVs lead the high-value market, while performance choice spans hot hatches, coupes and sports cars from below RM 200,000.
Carvaly
Luxury / high-value leaders
Toyota Alphard2,619 cars
median RM 263,000 · 2023 · 22k kmToyota Vellfire1,024 cars
median RM 329,000 · 2023 · 19k kmHonda Civic Type R894 cars
median RM 248,000 · 2021 · 30k kmLexus RX350822 cars
median RM 318,000 · 2022 · 22k kmPorsche 911782 cars
median RM 776,000 · 2020 · 32k kmLexus RX300582 cars
median RM 239,000 · 2021 · 38k kmToyota Land Cruiser542 cars
median RM 398,000 · 2021 · 48k kmPorsche Macan527 cars
median RM 300,000 · 2020 · 52k kmSports & performance leaders
Honda Civic Type R995 cars
median RM 245,000Porsche 911798 cars
median RM 768,000Toyota GR86616 cars
median RM 159,000Mercedes A45 AMG371 cars
median RM 226,800Mercedes A35 AMG366 cars
median RM 185,000Ford Mustang275 cars
median RM 166,900BMW Z4267 cars
median RM 219,000Porsche Cayman250 cars
median RM 218,90018 · From market data to a confident purchase
A five-step buyer action plan
Use the market to narrow the field, then verify the individual car.
Carvaly
Set an all-in budget
Include transfer, insurance, first-year maintenance and a repair reserve.
Build a comparable set
Match model, year, variant, mileage and region. Ignore implausibly cheap or expensive outliers.
Check the value band
Use Carvaly’s vehicle-specific valuation as a neutral anchor before contacting a seller.
Inspect independently
Verify identity, accident history, service evidence, tyres, electronics and mechanical condition.
Negotiate with evidence
Price the condition gap and upcoming maintenance—not only the advertised discount.
Know the market.
Value the exact car.
Value the exact car.
Get an independent Carvaly valuation — estimated retail, private-sale, and trade-in ranges you can save and share.
Get a Carvaly valuation
Carvaly
Report boundaryBased on consolidated asking-price observations seen during 1–31 July 2026, compared with June 2026. Logic-inconsistent data, extreme price outliers and unstable comparison groups are excluded. Counts describe observed listings, not transactions or sales. No private customer, dealer or seller information is used or shown. Carvaly’s proprietary analytical implementation is intentionally not disclosed.