iMoney.my Learning Centre
  • All Categories

    All Categories

    Close
    English
    • Latest Articles
    • Go to iMoney.my
    • Personal Loan
    • Life Insurance
    • Broadband
    • Medical Insurance
    • Credit Cards
    • Travel Insurance
    • Money Management
    • Auto Insurance
    • Properties
    • Takaful
    • Autos
    • Entrepreneur
    • Investment
    • Tax
    • CreditScore
    • Budgeting
    • Career
    • Lifestyle
    • News Updates
    • Budget 2019
    Malay
    • Artikel Terkini
    • Pinjaman Peribadi
    • Kad
    • Insurans
    • Simpanan Tetap
    • Pinjaman Perumahan
    • Pinjaman Kereta
    • Pengurusan Kewangan
    • Pelaburan
    • Gaya Hidup
    • Infografik
    • Kemasyhuran & Kekayaan
  • Money Management
  • Investment
  • Insurance
  • Cards
  • Guides
  • CreditScore
  • Go to iMoney.my
Home › Autos › Keeping Your Car Maintenance Cost Low

Keeping Your Car Maintenance Cost Low

March 30, 2016
Autos, Infographic, Sponsored
Share this!
  • Share
  • Tweet
  • Email
  • WhatsApp

volkswagen malaysia

Written by Iris Lee Illustration by Michelle Leong

in partnership with volkswagen

Most car buyers only consider the maintenance cost of a car when they are shopping for a used car. According to Asean NCAP survey released in September 2015, only 2% of Malaysian car buyers chose cost of maintenance and service as the main factor that influenced their car purchase.

When buying a car, used or new, consumers should recognise that hidden costs, like service and repair cost, make the decision-making process more than simply getting a competitive price or a low monthly payment. Comparing cars based on selling prices and monthly repayment for your hire-purchase loan are just part of the overall cost of the car.

However, making your car buying decision solely based on those two factors is a fallacy that can cost you a lot more in the future. One must always consider all factors that drive your cost of ownership up. In addition to price and payment, variables that impact the total cost of buying and owning a used car include:

  • Insurance premium and road tax must be renewed every year. Road tax is calculated based on engine capacity so choose a lower engine capacity, but don’t compromise on power.
  • Compare fuel consumption among all potential cars and choose one with the lower fuel consumption rate.
  • Lastly, service and maintenance, which can come up to a significant amount if not managed.

This infographic shows you how you can choose a vehicle with a lower cost of maintenance.

Image from appsauto.com.au

Share this article

Share this!
  • Share
  • Tweet
  • Email
  • WhatsApp

Leave your comment

Infographic

Budget 2019 By The Numbers

Pre-Budget 2019 Survey: Here’s What Malaysians Want

What Happens To Your Family When You Die Without Writing A Will?

A Perfect Family Vacation Always Has A Back-Up Plan

prudential

How To Build A Successful Future

The Only Financial Solution You Need To Boost Your Income

The Biggest Seizure In Malaysian History

Visa-payWave

The Future Of Payment: Contactless Payment Cards

View more infographics »
iMoney.my Learning Centre
Back to top

iMoney.my is a leading financial comparison website and a trusted personal finance authority to help you make the most out of your money.

  • Facebook
  • Twitter
  • Google Plus
  • Instagram
  • Youtube
  • Go to iMoney.my
  • Privacy Policy
  • Disclaimer
  • Corporate
  • Advertising@iMoney

© 2019 iMoney Malaysia