National badminton player Tan Boon Cheong shared the painful reality of owning a Range Rover recently and it has been entertaining to see it all unfold.
In a candid social media post that quickly gained traction online, Tan opened up about the financial reality behind his RM530,000 splurge, urging others to be cautious before following in his footsteps.
“After driving it for a year, I noticed the car’s value wasn’t holding up well, so I decided to sell it. But by then, the Land Rover hype had already cooled off.
Hoping to recover some of his investment, Tan initially listed the vehicle at RM450,000 — already an RM80,000 drop. He said a few friends expressed interest in buying it, claiming they’d go for it “even if it’s slightly overpriced.”
“One friend said he wanted to buy it — even said he’d pay a bit more. But in the end, he ghosted me. Honestly, just all talk.
“I kept lowering the price — RM375k, RM350k, RM345k — still no buyer,” he recounted.
“Then a fan came along, acted all confident about buying it, and even paid a deposit. I was over the moon… but the loan got rejected because he hadn’t been repaying the bank on time.
“Now someone has offered RM245k and paid a deposit. Fingers crossed that the loan gets approved. If not, or if the buyer backs out, I might just keep the car as a vintage collection piece.
“To anyone who’s thinking of buying a Land Rover — please think 99 times. You’ll lose a lot of money. I’m not joking,” he wrote.
“Even after selling it, I still owe the bank RM140k. But at least I’ll be free… and hey, I did fulfil my dream.
“Just… paid a heavy price for it in the end,” his post read.
We’re not sure what caused buyers remorse here, but it sounds similar to another Malaysian who bought a G Wagon and regretted it.
Maybe these men just need a class in impulse control?
The backlash was swift from the internet with many questioning his logic and why he thought selling his continental SUV would be easy.
To this, his response was equally illogical, if not a little bit arrogant.
In a follow-up post on June 28, Tan fired back with a pointed message.
“Lost money buying a car and people say I can’t manage finances. You’re so good at managing money — are you rich yet?” he wrote.
“Life is all about experiences. Lose money? Just earn it back.
“Why be so hung up over it?” he asked.
“You can’t take your money with you when you’re gone anyway.
“To sum it up: You only live once — if you don’t enjoy life, what’s the point?
“You laugh at me for being a fool, I laugh at you for never having driven a Range Rover.”
Putting out his insecurity for Malaysians to see, he even flashed a Patek Philippe Aquanaut retailed at approximately RM250,000 in the response.
Having money and buying nice things is good, but keep your nouveau riche displays to yourself next time.
