I recently found out about a new Malaysian online car marketplace called MillionCars. It is is not the typical car site and targets all income ranges of consumers in Malaysia. The website has not been even officially launched even though it's already online. Right now it only offers limited features to the users and the first phase development of this website is just to give a chance for the dealers and buyers to get used to the website.
At this moment, individuals or dealers can register. The individual account is open to anyone in Malaysia who wants to sell a car. Individuals would receive 25 credits at registration and they can use the credits to post, renew, add and pro long their ads. If they want to post more than 4 ads, they need to upgrade their account to a dealer.
The second type of account is strictly for car dealers. They will receive 250 credits at the time of registration and they will also get their own online showroom that can be seen from the "Dealer" Page. The free registration promotion for dealers will end mid November (Nov 15, 2010). The google map feature has been integrated to make it easier for the customers to get to their selected dealer's showroom.
As for payment options, the website is integrated with the iPay88, a Malaysian company that offers safe bank online payments. It works just like Paypal. The iPay88 payment system allows different payment systems.
According to Muhammad Nasri, they plan to offer extra features in the next few months for both the buyers and sellers. They are in the process of tweaking the site to make it more user-friendly.
The user could browse used or new cars easily from the front page. Also, keep in mind that this website is not targeted for middle range type of consumers but rather, targeting for all types of consumers in Malaysia.