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   General talks about Benz
     How much does it cost to run your car per year? TCO
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hoggies
Posted on: 2009/11/7 10:53
Certified Benzitos
Joined: 2008/4/6
From: KL
Posts: 1868
Benz Model: W124 230E
Message:
How much does it cost to run your car per year? TCO
Worked out the total cost of ownership for my car and it all adds up, this is what I reckon it cost to run my W124 230E per year.

Road Tax/Insurance
Road Tax = RM680
Insurance = RM1,000

Fuel
Fuel (20,000km)= RM2,200 (NGV + Petrol)

Servicing/Wear & Tear (adjusted to 20,000km/1 year)
Transmission oil = RM250
Oil service x 4 time = RM500
Tyre wear (20,000km our of 50,000km) = RM300

Unexpected repairs
Budget = RM2000

Depreciation
Estimated =RM2500

Total = RM9,430/Year

It all adds up and you take into account the fuel, depreciation & repairs. Have you worked out your TCO?


----------------
autogatemalaysia.blogspot.com
www.klphotographer.com
www.klphotobooth.com
www.aerialphotomalaysia.com

19owner
Posted on: 2009/11/7 16:19
Certified Benzitos
Joined: 2008/5/16
From: Kuala Lumpur
Posts: 4847
Benz Model: W201 and Others
Message:
Re: How much does it cost to run your car per year? TCO
all is about the same except that mine is very much higher on petrol consumption, without ngv...

what's tco??
Mabel
Posted on: 2009/11/7 23:56
Benzo mania
Joined: 2007/8/7
From: Shah Alam, Cyber Jaya, Sunway
Posts: 20052
Benz Model: S320L, E240, C200
Message:
Re: How much does it cost to run your car per year? TCO
Quote:

19owner wrote:

what's tco??


TCO is Total cost of Ownership brother..


----------------
Cheers/Mabel

Nothing great was ever achieved without enthusiasm
Take time to read. It is the fountain of wisdom
Membership Number: One Nine Seven Seven

hoggies
Posted on: 2009/11/7 23:57
Certified Benzitos
Joined: 2008/4/6
From: KL
Posts: 1868
Benz Model: W124 230E
Message:
Re: How much does it cost to run your car per year? TCO
Thanks for sharing your view.
Sorry about the jargon, TCO = Total Cost of Ownership


----------------
autogatemalaysia.blogspot.com
www.klphotographer.com
www.klphotobooth.com
www.aerialphotomalaysia.com

Mabel
Posted on: 2009/11/7 23:57
Benzo mania
Joined: 2007/8/7
From: Shah Alam, Cyber Jaya, Sunway
Posts: 20052
Benz Model: S320L, E240, C200
Message:
Re: How much does it cost to run your car per year? TCO
Quote:

hoggies wrote:
Worked out the total cost of ownership for my car and it all adds up, this is what I reckon it cost to run my W124 230E per year.

Road Tax/Insurance
Road Tax = RM680
Insurance = RM1,000

Fuel
Fuel (20,000km)= RM2,200 (NGV + Petrol)

Servicing/Wear & Tear (adjusted to 20,000km/1 year)
Transmission oil = RM250
Oil service x 4 time = RM500
Tyre wear (20,000km our of 50,000km) = RM300

Unexpected repairs
Budget = RM2000

Depreciation
Estimated =RM2500

Total = RM9,430/Year

It all adds up and you take into account the fuel, depreciation & repairs. Have you worked out your TCO?


Mostly the same except for the fuel since you are using the NGV and the insurance. Are you still on 1st Party?


----------------
Cheers/Mabel

Nothing great was ever achieved without enthusiasm
Take time to read. It is the fountain of wisdom
Membership Number: One Nine Seven Seven

hoggies
Posted on: 2009/11/8 0:24
Certified Benzitos
Joined: 2008/4/6
From: KL
Posts: 1868
Benz Model: W124 230E
Message:
Re: How much does it cost to run your car per year? TCO
It used to be 3rd party, but when I renewed this year the insurance company insisted on comprehensive.


----------------
autogatemalaysia.blogspot.com
www.klphotographer.com
www.klphotobooth.com
www.aerialphotomalaysia.com

Mabel
Posted on: 2009/11/8 0:38
Benzo mania
Joined: 2007/8/7
From: Shah Alam, Cyber Jaya, Sunway
Posts: 20052
Benz Model: S320L, E240, C200
Message:
Re: How much does it cost to run your car per year? TCO
Quote:

hoggies wrote:
It used to be 3rd party, but when I renewed this year the insurance company insisted on comprehensive.


I managed to get through on 3rd party for my W124 from Takaful Malaysia in April. For my W201 which I just renewed in October, I did it on 3rd party but the price is more than 3 times since I took MMA alternatives which did not requires me to go through the Puspakom. I did ask for comprehensive, was told that it is not possible for my W201 since car is more than 15 years.


----------------
Cheers/Mabel

Nothing great was ever achieved without enthusiasm
Take time to read. It is the fountain of wisdom
Membership Number: One Nine Seven Seven

19owner
Posted on: 2009/11/8 11:47
Certified Benzitos
Joined: 2008/5/16
From: Kuala Lumpur
Posts: 4847
Benz Model: W201 and Others
Message:
Re: How much does it cost to run your car per year? TCO
total cost of ownership, i see. okay...

dealing with the various insurers have been very frustrating lately...matters made worst with indecisive implementation of policies and the people running it are not able (dare not) to make decisions. they gave lame excuses like, they have not received directives from the top and so on...they're a bunch of confused people.

luckily, i only have one car that is over 15 years old and have been taking comprehensive insurance like forever. now, cannot anymore???
Mabel
Posted on: 2009/11/8 22:59
Benzo mania
Joined: 2007/8/7
From: Shah Alam, Cyber Jaya, Sunway
Posts: 20052
Benz Model: S320L, E240, C200
Message:
Re: How much does it cost to run your car per year? TCO
Quote:

19owner wrote:
luckily, i only have one car that is over 15 years old and have been taking comprehensive insurance like forever. now, cannot anymore???


That's what they said at Shah Alam post office counter.

The life cycles of my previous car is 3 to 5 years. My rule of thumb is simple...when it is too much a liability, I sell it off. However, when I landed myself with Mercs, I tend to keep it much much much more longer. As you can see the TCO is worth keeping it.

Comparing it buying new, you have to add in monthly loan repayment and most damaging is the depreciation which can be as high as RM 4000 per month....


----------------
Cheers/Mabel

Nothing great was ever achieved without enthusiasm
Take time to read. It is the fountain of wisdom
Membership Number: One Nine Seven Seven

hoggies
Posted on: 2009/11/8 23:54
Certified Benzitos
Joined: 2008/4/6
From: KL
Posts: 1868
Benz Model: W124 230E
Message:
Re: How much does it cost to run your car per year? TCO
Apart from the favourable TCO, there's also the sheer joy of driving the car, my wife cannot understand how I can withstand a 4 hour journey back to Sg.Petani every month, truth be told I enjoy every second behind the steering wheel of these superbly engineered cars.


----------------
autogatemalaysia.blogspot.com
www.klphotographer.com
www.klphotobooth.com
www.aerialphotomalaysia.com

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