50% cheaper?Did someone tell you that Malaysia's petrol is at 50% discount as compared to Singapore? It is as attractive as the Great Singapore Sales (GSS)!!!
With this belief, many are faithfully and patiently queuing up driving north just to top up petrol believing that they are saving money especially when the exchange rate is at Singapore's favour. Especially now with S$1 = RM 2.61.
Indeed, petrol is termed as the black gold and the world's supply of petroleum is now lower than the world's demand. Though Singapore is a world famous refinery centre of oil, the selling price of petrol is more than twice of its neighbouring countries.
Unfortunately, this may not be true if you check your wallet at the end of the month, the saving may even be LESS. Why?
Worth or not?
While you stop and move in jams when coming back to Singapore, have you wondered if it is worthwhile to drive up just to pump petrol and back? Are they worth the 3 hours (inclusive of dinner) you spent in jams?
Every cars are different but the transport costs are similar:
- Travel from home/office to JB and back still consume petrol for the car. If you stay in Woodlands, consider yourself lucky but for those who stay in Changi, you are paying more to drive to JB;
- Costs of tolls in both Singapore and Malaysia customs (PLUS card). For second link, you have to pay again when you are driving back to Singapore;
- 3/4 tank legal requirement for Singaporean vehicle driving out of Singapore; and
- Fuel efficiency of your vehicle plays an important part especially if you are caught in jam. With engine and air-con running, petrol are still being consumed even if the car is at a halt.
Classic examplesFor instance, Alex (blog: http://loganized.blogspot.sg/2011/05/pumping-petrol-in-malaysia-how-much-do.html) was surprised that he had a saving of S$3.13 for a May trip in 2011. If you look closely, he is gaining virtually nothing as he failed to factor in the toll charges imposed by both customs (~S$2.50).
If he wasted 2 hours in the jam, there is literally no saving if we factor in the depreciation of the car and its parts in the long run. There are many who have similar experiences and continue to drive in like Alex. Are you one of them?
Some employed tilting of cars in attempts to pump more petrol (URL: http://www.sgwayoflife.com/forum/viewtopic.php?f=3&t=1536). It claimed that pump attendants said the total saving is S$1.30 to S$2.20 for small/mid cars and S$4 for MPVs. Is this working for you?
Instead of guessing and listening blindly, it is good for us to know what are the actual savings we have if we just go JB for petrol. We are pleased to offer you a one-time offer to calculate your savings.
Click HERE or go to this website: https://docs.google.com/forms/d/1o1TqtW4k336xeq-RfodBQZFoj_4GZMdOuJgULv_JTcI/viewform.
Please give us 3 working days to get back to you as we are not working full time on this blog.
Know your mileage. Know you savings. We hope everyone can benefit from this exercise.