MyVi vs Honda City Downpayment and Monthly Installment

Perodua Myvi EZ 1300cc 

On the road price for a brand new automatic, solid perodua Myvi EZ 1300cc (in Peninsular Malaysia) is RM 46900. A 20% downpayment of RM 9380 and seven year hire purchase loan with an interest rate of 4%, translate into monthly repayments of RM 571.

Model : Perodua Myvi EZ 1300cc (for peninsular Malaysia)

On the road price : RM 46900

Downpayment : RM 9380 (20%)

Period : 7 years

Monthly commitments : RM 571

Perodua Myvi EZ 1300cc - second hand

A cheaper option is a four year old second hand model, which cost about RM 35000, or RM 445 a month (assuming a 20% down payment and interest rate 4.5 %)

Model : Perodua Myvi EZ 1300cc (second hand)

On the road price : RM 35000

Downpayment : RM 7000 (20%)

Period : 7 years

Monthly commitments : RM 445

Honda City (E class)

A Honda City is the dream car for those who are in their 20s and 30s. The grade E model on the road price RM 90, 480. A downpayment of 20% and hire purchase loan of seven years at 4% translate into monthly commitments of RM 1102.99.

Model : Honda City

On the road price : RM 90,480

Downpayment : RM 18,096  (20%)

Period : 7 years

Monthly commitments : RM 1,102.99