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The new Toyota Vios. Easy on your wallet?
The Toyota Vios has remained one of the best-selling cars in Singapore thanks to its incredible reliability and decent quality. And we have every faith in the newly launched 2018 model too. But how much is all this going to set you back? From buying the car to running costs, get the full details here.
Get your cheque book out.
The cost of the car.
As of COE bidding in January 2018, the basic spec Toyota Vios E will cost you a reasonable $89,988. With COEs really taking up half of this sum, it is great value for money.
Fuel guzzler or not?
Engine: 105bhp 1.5-litre engine
Fuel consumption: 5.8 litres of fuel for every 100km
Fuel cost: Assuming RON 95 fuel to be the fuel of choice, it can be bought on average, for $1.83/litre after discounts.
A Singapore owned motor travels an average of 17, 500km annually
Total annual fuel costs - $1,858.50
This figure fairs better than the 1.4-litre Hyundai accent and is comparable to the Honda City, its closest rival. There is no surcharge either for purchasing a new Vios as it falls within band B of the new Vehicle Emission Scheme (VES) introduced by LTA in January 2018.
At your Service
Borneo Motors, the official Toyota dealer, provides one year free servicing for every new Vios bought. Thereafter, a basic engine oil change (recommended at 10,000km intervals) will cost around $120 at any workshop
In addition, having the Toyota badge on your vehicle grants it some immunity to break-downs. The Vios is no exception to that. Expect reliability to be top-notch and therefore infrequent visits to a workshop. The engine and gearbox are bullet proof. This also paves the way for a good resale value.
Don’t sweat the small stuff
Road tax: Being a small-sized engine, the road tax for the Vios costs just $682 a year.
Tyres: A set of brand new tyres should set you back about $420. With proper care and frequent checks of your tyre pressure, expect tyres to last 50,000km.
Brakes: $100 for a pair of front brake discs and $80 for the matching brake pads. As a rule of thumb, a change of brake discs occurs during every second change of the brake pads.
ERP and parking charges: Ballpark figure of $200/month.
This could possibly be high depending on where you park and if you find yourself frequently on the roads during the peak hours of the day.
Got to have it - insurance
Insurance costs:Take a look at how much it would cost you to insure with Budget Direct Insurance.
This is based on a 45 year-old married man in his 40s with 10 years driving experience and a 50% NCD.
*Premiums shown are indicative. Actual premiums may vary based on various factors.
Verdict: The 2018 model year Vios is a big improvement on the previous generation. The car looks smarter and the standard equipment available should be more than sufficient for the daily commute. Handling in this light family sedan is better than average as well. The Vios is a well sorted all-rounder that we would recommend to a anyone who is looking for comfort, practicality and affordability all in one.