Seeing the launch of the Honda Insight, it made me wonder.....
Is the jump to hybrid cost effective?
Lets compare...
Price :
Honda City Grade E : 90000 OTR
Honda Insight : 98000 OTR
Say loan for 7 years, difference is about RM100 per month
Fuel consumption (based on honda japan):
Honda City : 20km/l
Honda Insight : 26km/l
Say i average around 800km per month, difference about 10L/per month ~ RM20/per month (RON95)....(40L(city) vs 30L(insight))
Others factors:
Honda insight - batteries need to be changed after 5 years+, cost around RM5000++ for battery change
Honda City - maybe servicing a bit more frequent than insight (3 times (city) peryear vs 2 times (insight) per year) , so extra RM200 per year for servicing.
Conclusion :
So putting all the factors in (not including roadtax + insurance),
Honda City costs per year : 10000(loan) + 960(fuel) + 600(servicing) = RM11560 per year
Honda Insight costs per year : 11000(loan) + 720(fuel) + 400(servicing) + 1000(battery, 5K/5 years) = RM 13120 per year
Difference : RM1560 per year
Bear in mind this is just a rough estimation....
So what do you guys think?
Is it worth the leap to hybrid, cost wise?
Or is it worth the extra cost to help the environment?
Is the jump to hybrid cost effective?
Lets compare...
Price :
Honda City Grade E : 90000 OTR
Honda Insight : 98000 OTR
Say loan for 7 years, difference is about RM100 per month
Fuel consumption (based on honda japan):
Honda City : 20km/l
Honda Insight : 26km/l
Say i average around 800km per month, difference about 10L/per month ~ RM20/per month (RON95)....(40L(city) vs 30L(insight))
Others factors:
Honda insight - batteries need to be changed after 5 years+, cost around RM5000++ for battery change
Honda City - maybe servicing a bit more frequent than insight (3 times (city) peryear vs 2 times (insight) per year) , so extra RM200 per year for servicing.
Conclusion :
So putting all the factors in (not including roadtax + insurance),
Honda City costs per year : 10000(loan) + 960(fuel) + 600(servicing) = RM11560 per year
Honda Insight costs per year : 11000(loan) + 720(fuel) + 400(servicing) + 1000(battery, 5K/5 years) = RM 13120 per year
Difference : RM1560 per year
Bear in mind this is just a rough estimation....
So what do you guys think?
Is it worth the leap to hybrid, cost wise?
Or is it worth the extra cost to help the environment?
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