1. What is Vehicle Running Cost?

Vehicle running costs refer to the ongoing expenses associated with owning and operating a motor vehicle in Malaysia. These include fuel, maintenance, insurance, and road tax - the essential components that determine how much it costs to keep your vehicle on the road.

2. How Does the Calculator Work?

The calculator uses a simple equation:

Where:

• Fuel — Monthly fuel expenses (petrol/diesel)
• Maintenance — Regular servicing, repairs, tires, etc.
• Insurance — Comprehensive or third party coverage
• Road Tax — Annual tax converted to monthly equivalent

3. Importance of Calculating Running Costs

Details: Understanding your vehicle's running costs helps with budgeting, comparing different vehicle options, and making informed decisions about vehicle ownership. In Malaysia, where fuel prices fluctuate and insurance premiums vary by vehicle type, this calculation is particularly valuable.

4. Using the Calculator

Tips:

• For fuel: Track your monthly petrol/diesel spending
• Maintenance: Average your annual service costs over 12 months
• Insurance: Divide your annual premium by 12
• Road Tax: Divide your annual road tax by 12

All values should be in Malaysian Ringgit (RM).

5. Frequently Asked Questions (FAQ)

Q1: What's the average running cost for a car in Malaysia?
A: For a typical 1.5L-1.8L sedan, average monthly costs range from RM800-RM1500 depending on usage patterns.

Q2: Should I include loan repayments in running costs?
A: This calculator focuses on operational costs. Loan repayments are capital costs and typically calculated separately.

Q3: How accurate are these estimates?
A: Accuracy depends on your input data. Track actual expenses for 1-2 months for most precise results.

Q4: Does this include toll charges?
A: No, toll charges are not included in this basic calculation but can be added to the fuel cost if desired.

Q5: How do electric vehicles compare in running costs?
A: EVs typically have lower fuel and maintenance costs but higher insurance premiums in Malaysia currently.