In conjunction with the “1Malaysia Hire-Purchase Bus Loan” scheme launchby Bank Simpanan Nasional (BSN), Chery Automobile Malaysia Sdn Bhd introduced the all-new Transcom 14-seater last week.
The scheme was launched in line with the government’s initiative to replace school buses that are 25 years of age or older with new ones. According to Bank Simpanan Nasional, operators who wish to replace old school buses using the 1Malaysia Hire-Purchase Bus Loan will receive
RM10,000 rebate and enjoy fixed interest rate of two per cent. BSN said that the application period for the loan is until April 2015.
Priced at RM89,000, the Chery Transcom is powered by a 2.0L TCI turbocharged engine and features an anti-slip braking system, airbags, and noise reduction technology. The vehicle was presented by Chery Automobile to the Land Public Transport Commission (SPAD) as a suggestion to be a part of the government’s old school bus replacement initiative.
Paul Ng, the CEO of Chery Automobile Malaysia Sdn Bhd said that he is confident that the new Transcom will be a hit among Malaysians due to its affordability, and that it is one of the best choices available for school bus operators who are looking for a vehicle that offers good value for money.