The decision to purchase a car is easily one of the biggest financial decisions you have to make after the decision of owning a real estate property. The average consumers are easily convinced with the ‘low’ interest rate, free gifts that comes with the purchase and even direct cash rebates.

Since most of the car salespeople are more concern on selling more cars, it’s often not easy for you to figure out the actual ownership cost of a car. For some people, getting a new car can sometimes be an emotional decision. With the recent retrenchment trend and uncertain times, many Malaysians are putting off their car purchases. Putting food on the table and paying the bills has become the priority of the day.

To ensure that your new car purchase does not burden you financially, it’s important to see through the high-pressured sales messages that bombards you every time you go to the car showrooms. You have to take into account many other factors before you drive your dream car home.

Hence, I have come up with an easy to use calculator to help you do just that- calculate your actual cost of owning a car.

You can download the spreadsheet here: Malaysia Car Ownership Calculator

On the side note, I am always in favor of purchasing pre-owned cars ;-)

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