The post relating to the costs of running a car in Malaysia is located here.
I only have an experience with running the car as stated below. As such, I will resort to using figures based on that car.
Type of car: Holden Astra 1.8 Manual Transmission
Price of car: AUD12,000 (Second Hand)
Car Registration: AUD700 per year
Insurance: AUD 370 per year (Third Party Property Fire & Theft according to Budget Direct)
Petrol: AUD200 per month
Servicing: AUD400 per year
Repairs: Set aside AUD2,000 per year for those once in a blue moon repairs.
If there are any figures that you don’t agree with, do share in the comments section below.
Disclaimer: This article is not a specific nor general advice on managing or investing your money. This article does not constitute a recommendation nor does it take into account your investment objectives, financial situation nor particular needs.