2024 Honda Ridgeline SportTrue Cost of Ownership in Malaysia
280 hp V6. Full cost breakdown including import duty (30%), VAT (6%), insurance, fuel at RM0.52/L, maintenance, and depreciation.
Purchase Price
$55K
Base: $40K
Annual Total
$11K
Insurance + fuel + maintenance
Import Duty
$12K
30% of base price
VAT
$3K
6% applied
Annual Insurance
$950
Avg for this country
5-Year Total
$111K
Purchase + 5yr running costs
2024 Honda Ridgeline Sport — Full Cost Breakdown in Malaysia
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $40K |
| Import Duty (30%) | $12K |
| VAT / Sales Tax (6%) | $3K |
| Total Purchase Price | $55K |
| Annual Insurance | $950 |
| Annual Fuel Cost | $1K |
| Annual Maintenance | $1K |
| Annual Depreciation | $7K |
| Registration & Road Tax | $700 |
| Total Annual Running Cost | $11K |
| 5-Year Total Cost of Ownership | $111K |
| Cost Per Kilometer | $0.748 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Honda Ridgeline Sport Fuel Cost Calculator — Malaysia
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,014
USD equivalent
Monthly Fuel Cost
$85
Per month average
Annual Liters Used
1,950L
At 15,000 km/yr
Cost per 100km
$6.76
13L × RM0.52
Honda Ridgeline Sport Depreciation Curve
The Honda Ridgeline Sport loses approximately $18K (46%) of its value over 5 years.
Year-by-Year Value
| New | $40K | 100% |
| Year 1 | $33K | 82% |
| Year 2 | $29K | 73% |
| Year 3 | $26K | 65% |
| Year 4 | $24K | 59% |
| Year 5 | $22K | 54% |
Depreciation based on truck segment averages.
Honda Ridgeline Sport vs. Competitors in Malaysia
How does the Honda Ridgeline Sport compare to similar cars available in Malaysia?
Honda
Ridgeline Sport
Base Price
$40K
Annual Cost in Malaysia
$11K
Ford
F-150
Base Price
$35K
Annual Cost in Malaysia
$9K
Chevrolet
Silverado
Base Price
$34K
Annual Cost in Malaysia
$8K
Toyota
Tacoma
Base Price
$30K
Annual Cost in Malaysia
$8K
Annual costs estimated for Malaysia market. Import duty (30%) and VAT (6%) applied to all models.
🇲🇾 Owning a Car in Malaysia
Heavily subsidized fuel. Proton/Perodua cheap.
Very Expensive for Malaysia
Annual car costs = 94% of average Malaysia income ($12K/yr)
Average Annual Income
$12K
In Malaysia
Fuel Price
RM0.52/L
Gasoline dominant
Avg Car Insurance
$950
Per year
Import Duty
30%
On vehicle value
VAT / Sales Tax
6%
Applied at purchase
Driving Side
Left-hand
Asia
Popular Car Brands in Malaysia
Honda Ridgeline Sport in Malaysia — Frequently Asked Questions
Common questions about owning a Honda Ridgeline Sport in Malaysia.
The 2024 Honda Ridgeline Sport has a base price of $40,000 USD. In Malaysia, after 30% import duty and 6% VAT, the total purchase price is approximately $55,120 USD (RM55,120 MYR).
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Honda Ridgeline Sport in Other Countries
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