2022 Workhorse W-15True Cost of Ownership in Malaysia
460 hp hybrid. Full cost breakdown including import duty (30%), VAT (6%), insurance, fuel at RM0.52/L, maintenance, and depreciation.
Purchase Price
$69K
Base: $50K
Annual Total
$13K
Insurance + fuel + maintenance
Import Duty
$15K
30% of base price
VAT
$4K
6% applied
Annual Insurance
$950
Avg for this country
5-Year Total
$134K
Purchase + 5yr running costs
2022 Workhorse W-15 — 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) | $50K |
| Import Duty (30%) | $15K |
| VAT / Sales Tax (6%) | $4K |
| Total Purchase Price | $69K |
| Annual Insurance | $950 |
| Annual Fuel Cost | $1K |
| Annual Maintenance | $1K |
| Annual Depreciation | $9K |
| Registration & Road Tax | $700 |
| Total Annual Running Cost | $13K |
| 5-Year Total Cost of Ownership | $134K |
| Cost Per Kilometer | $0.868 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Workhorse W-15 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
Workhorse W-15 Depreciation Curve
The Workhorse W-15 loses approximately $23K (46%) of its value over 5 years.
Year-by-Year Value
| New | $50K | 100% |
| Year 1 | $41K | 82% |
| Year 2 | $37K | 73% |
| Year 3 | $33K | 65% |
| Year 4 | $30K | 59% |
| Year 5 | $27K | 54% |
Depreciation based on truck segment averages.
Workhorse W-15 vs. Competitors in Malaysia
How does the Workhorse W-15 compare to similar cars available in Malaysia?
Workhorse
W-15
Base Price
$50K
Annual Cost in Malaysia
$13K
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 = 109% 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
Workhorse W-15 in Malaysia — Frequently Asked Questions
Common questions about owning a Workhorse W-15 in Malaysia.
The 2022 Workhorse W-15 has a base price of $50,000 USD. In Malaysia, after 30% import duty and 6% VAT, the total purchase price is approximately $68,900 USD (RM68,900 MYR).