Cost of mantaining toyota vios and jazz

kelviz SG

hello bros newbie here ah =)) wondering if i could afford to buy a toyota vios or an honda jazz straight up. How much would my monthy cost be for each car. Dont know whether to get jazz or vios =)). Laughing

Larry SG

It depends on how much u are loaning. Basically, u are looking at a 2.75 - 3% interest rate. So depending on how much and how long is ur loan, from there, we can calculate.

The last time I've checked the pricing, cheapest for both cars standed at:

Vios $55K
Jazz $62K

kelviz SG

haha bro i think u got me wrong. I will pay up front for the car. I was wondering how much would it cost me a month to maintain it. Insurance / Road tax / Fuel etc =)) thanks

Larry SG

Oh. Laughing

Road tax
Vios is standing at $437 (6 mths) while Jazz is at $400 (6 mths).

Insurance
Now that's a tough one. BM offers Vios with a package with AIG to enjoy the rebate. General guide I have for this one is at 28 yrs old, 1st car owner with 0% NCD, $1600++.

As for Jazz, I can't comment, but it should be slightly lower.

Petrol
Jazz is definitely better in terms of petrol consumption. But since I have no idea how's ur travelling habits, so I am gauging a lower petrol cost based on Jazz. Maybe $250 and below?

wbucket SG

Got a few Jazz maintence cost breakdown here, do check it out.

Cost of car ownership in SGP per year.