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How much does it cost to run your car per year? TCO | Register To Post |
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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?
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| 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:
TCO is Total cost of Ownership brother..
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| 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
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| 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:
Mostly the same except for the fuel since you are using the NGV and the insurance. Are you still on 1st Party?
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| 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.
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| 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:
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.
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| 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:
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.... 
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| 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.
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