The Ultimate Buyers’ Guide to 2024’s Leading Local Cars in Malaysia

Why Should You Pick Local? The Malaysian automotive industry is on an impressive trajectory, marked by innovation and a keen responsiveness to the needs of the local driving populace. Over the years, we have seen local cars in Malaysia growing, catching up with international giants, and providing Malaysians with more affordable options. As we venture […]

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Why Should You Pick Local?

The Malaysian automotive industry is on an impressive trajectory, marked by innovation and a keen responsiveness to the needs of the local driving populace.

The introduction of Proton Saga, Malaysia’s first local car, in 1983

Over the years, we have seen local cars in Malaysia growing, catching up with international giants, and providing Malaysians with more affordable options. As we venture into 2024, the landscape is dominated by five standout local vehicles that define automotive perfection.

These cars are not just vehicles; they’re a testament to what the Malaysian automotive industry can achieve, offering an irresistible mix of affordability, stellar performance, unparalleled safety, supreme comfort, and unwavering reliability.

This comprehensive guide delves into the crux of these top five local cars, dissecting their pricing, features, installment possibilities, and the unique selling points that elevate them above the competition.

The Top 5 Cars In Malaysia That You Should Consider Buying in 2024

1. Proton X50: The Stylish Performance Powerhouse

Top 5 Cars In Malaysia

The Proton X50 has emerged as a formidable contender in Malaysia’s car market, fusing elegance with robust performance and cutting-edge technology. With a price spectrum ranging from MYR 79,200 to MYR 103,300, the X50 stands out for its value, considering the wealth of features it comes packed with. Its monthly installment options, spanning MYR 1,500 to MYR 2,000, make it an accessible luxury for a broad segment of Malaysians.

Unique Selling Propositions (USPs):

  • Advanced Safety Features: The X50 is fortified with state-of-the-art safety technologies like Autonomous Emergency Braking (AEB) and Adaptive Cruise Control (ACC), ensuring occupant safety at all times.
  • Modern Design and Technology: It sports a sleek exterior and advanced infotainment technology, appealing to the tech-savvy demographic.
  • Turbocharged Performance: The vehicle’s turbocharged engines deliver a dynamic balance of power and fuel efficiency.
  • Urban Maneuverability: Its compact size and agile handling make it perfect for navigating the urban maze.
  • Value for Money: With a competitive price and a generous feature list, it offers superior value compared to its competitors.

2. Proton X70: Redefining Premium SUV Luxury

Top 5 Cars In Malaysia

The Proton X70 stands as Proton’s flagship SUV, merging premium comfort with the latest technology to redefine luxury in its class. Priced between MYR 94,800 and MYR 122,800, the X70 brings luxury and sophistication within reach. Its installment plans, which range from MYR 1,800 to MYR 2,300, make it an attractive proposition for those desiring a premium SUV experience.

Unique Selling Propositions (USPs)

  • Premium Comfort and Space: The X70 offers a spacious, comfortable interior decked with premium materials, ensuring a luxurious ride.
  • Intelligent Safety Technologies: It is equipped with advanced safety features like Lane Departure Warning (LDW) and Blind-Spot Monitoring (BSM), offering unrivaled protection.
  • Potent Turbocharged Engine: A powerful turbocharged engine ensures robust performance and effortless acceleration.
  • Cutting-Edge Connectivity: The SUV features a large touchscreen display with intuitive infotainment systems, enhancing connectivity.
  • Strong Resale Value: It is renowned for its excellent resale value and long-term reliability, making it a wise investment.

3. Perodua Ativa: Compact, Eficient and Safe

The Perodua Ativa has won the hearts of many Malaysian drivers with its compact design, fuel efficiency, and advanced safety features. With a pricing bracket of MYR 61,500 to MYR 72,000, Ativa is unmatched in its segment for value. Its monthly installment plans, ranging from MYR 1,200 to MYR 1,500, underscore its affordability for budget-conscious consumers.

Unique Selling Propositions (USPs):

  • Turbocharged Efficiency: It boasts a small but efficient turbocharged engine, offering impressive fuel economy without sacrificing performance.
  • Spacious Interior: The Ativa features a spacious and versatile interior, with ample cargo space and flexible seating arrangements.
  • Advanced Safety Suite: It comes equipped with leading-edge safety features like Automatic Emergency Braking (AEB) and Lane-Keeping Assist (LKA).
  • Affordable Price Point: The Ativa is attractively priced, providing exceptional value with its comprehensive feature set.
  • Compact Agility: Its compact dimensions and nimble handling make it a breeze to maneuver in tight city spaces.

4. Perodua Alza: The Family-Friendly MPV

Top 5 Cars in Malaysia

The Perodua Alza continues to be a favored choice for Malaysian families, offering practicality, affordability, and reliability in a compact MPV format. With prices ranging from MYR 51,500 to MYR 62,000, the Alza is unparalleled in delivering value. Its monthly installments, set between MYR 1,000 and MYR 1,300, make it a budget-friendly option for families.

Unique Selling Propositions (USPs):

  • Seven-Seater Versatility: It provides seating for up to seven passengers, with flexible arrangements to accommodate various needs.
  • Budget-Friendly Efficiency: The Alza is known for its fuel efficiency and low operating costs, making it an economical choice.
  • Ease of Maintenance: It stands out for its simplicity and ease of maintenance, with affordable parts and service costs.
  • Practical Interior Features: The vehicle includes practical amenities like storage compartments, cup holders, and USB ports, enhancing convenience.
  • Established Reliability: With a reputation for reliability and durability, the Alza offers peace of mind to its owners.

5. Perodua Myvi: The ‘King’, Icon of Reliability and Practicality

Top 5 Cars In Malaysia

The Perodua Myvi has consistently been a popular choice among Malaysians, celebrated for its reliability, affordability, and practical features. Priced between MYR 45,500 and MYR 58,800, the Myvi represents exceptional value. Its accessible monthly installments, ranging from MYR 900 to MYR 1,200, further its appeal to a wide audience.

Unique Selling Propositions (USPs):

  • Legendary Reliability: The Myvi is renowned for its reliability and durability, securing a loyal customer base.
  • Youthful Design and Customization: It features a sporty exterior design, with customizable options to suit individual tastes.
  • Efficient Performance: The Myvi offers fuel-efficient engines paired with responsive transmissions for a smooth driving experience.
  • Tech-Savvy Features: Equipped with modern technology like touchscreen infotainment systems and smartphone integration, it caters to the tech-savvy.
  • Strong Resale Value: Maintaining its value over time, the Myvi is a smart investment with a high resale value.


The quintet of local cars leading Malaysia’s automotive scene in 2023 showcases the pinnacle of automotive innovation and excellence. From the stylish Proton X50 to the practical Perodua Myvi, there’s a vehicle tailored to every preference and need. We also provided a TL;DR version for you to compare on the table below:

Top 5 Cars In Malaysia

With competitive pricing, flexible financing options, and distinctive selling points, these vehicles not only redefine Malaysian roads but also set new benchmarks for automotive excellence globally.

Whether you’re seeking a compact SUV, a luxurious crossover, or a practical hatchback, the best local cars in Malaysia for 2023 offer something for everyone, highlighting the Malaysian automotive industry’s commitment to quality, innovation, and value.

By now, you probably already have your targeted car in mind, tailored to the price and total installment you need to pay every month. With that, we have a better offer for you.

Do you know there’s a way for you to buy your dream car – whether it’s on the list above or not – without having to pay for deposits? Even better, you can get others to pay off your car! With the right financial strategy, you don’t have to worry about paying RM900 – RM1,000 monthly!

Imagine using your assets to benefit yourself while having others pay for your bad debts – you can just buy whatever car model you like! And we offer to educate you on some of these strategies for free – just click THIS LINK to learn more.

We have been awakening Malaysians to enhance their financial literacy and educate them about property investment for almost two decades now, and we’re not slowing down. We will not stop until most of us Malaysians can uplift our financial lives and live better.

Top 5 Cars In Malaysia

(Bonus: If you’re on the verge of buying your car and you feel like you need reassurance, you can always talk to our Success Managers any time. With their experience, you will understand your financial future pre and after-purchase. If you’re interested, reach out to them HERE.)

We hope this article has been insightful, and we’re excited to help you achieve your goals. Feel free to share this article with others who might benefit from it as well.


Content Writer @ FAR Capital, FAR Academy, and Gila Hartanah. Voice of FAR Capital on all social media platforms and blogs.
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