Guide to Monthly Car Ownership Cost

The true cost of owning a car in Malaysia includes more than just the loan payment.

Monthly Cost Components

• Car loan payment
• Road tax (annual / 12)
• Insurance (annual / 12)
• Fuel cost
• Maintenance (annual / 12)
• Tyres (annual / 12)
• Parking and tolls

Fuel Cost Formula

Monthly fuel litres = Monthly mileage x Fuel consumption (L/100km) / 100

Monthly fuel cost = Monthly fuel litres x Fuel price per litre