Increase Petrol Price mean More $aving per Year for NGV users!

The petrol price increase from Rm1.92/litre to RM2.70/litre today (6 June 2008) which increase about 40% .

By referring to Petrol price for the past 18 years since 1990

before 1990 - RM 0.89
Year 1990 - RM 1.10 (increase RM 0.21)
01/10/2000- RM 1.20 (increase RM 0.10)
20/10/2001- RM 1.30 (increase RM 0.10)
01/05/2002- RM 1.32 (increase RM 0.02)
31/10/2002- RM 1.33 (increase RM 0.01)
01/03/2003- RM 1.35 (increase RM 0.02)
01/05/2004- RM 1.37 (increase RM 0.02)
01/10/2004- RM 1.42 (increase RM 0.05)
05/05/2005- RM 1.52 (increase RM 0.10)
31/07/2005- RM 1.62 (increase RM 0.10)
28/02/2006- RM 1.92 (increase RM 0.30)
04/06/2008- RM 2.70 (increase RM 0.78)

This is the worst increase in history.

With the increase of petrol price by 40%, see the below comparisons tawards NGV:

Price per Kilometer comparision
Petrol RM0.22 / km (at RM1.92/litre)
Petrol RM0.31 / km (at RM2.70/litre)
NGV RM0.06 / km (at RM0.68/litre)

Saving of RM0.16 /km (at RM1.92/litre)
Saving of RM0.25 /km (at RM2.70/litre)

that is about 73% saving (at RM1.92/litre)
that is about 80% saving (at RM2.70/litre)


Take an average of drive of 60km daily for 30 days per month.

Total distance 60 x 30 = 1800km
Total fuel price consume per month:Petrol RM0.22 x 1800 = RM396 (at RM1.92/litre)
Total fuel price consume per month:Petrol RM0.31 x 1800 = RM558 (at RM2.70/litre)
Natural Gas(CNG) RM0.06 x 2100 = RM108 (at RM0.68/litre)

Saving per month is RM288 (at RM1.92/litre)
Saving per month is RM450 (at RM2.70/litre)

Yearly Saving RM288 x 12 = Rm3456
Yearly Saving RM450 x 12 = Rm5400


Investment Point of View
If you were to get RM457 per month from bank for Fixed Deposit at 3.7% per year, you have to deposit RM148,243 in bank.


Price around RM2900 to RM3200 for Carburetor Car
Price around Rm5500 to RM6500 for Fuel Injection Car


Installment available for credit card user.
Use the saving for installment. Probably you got extra $ after paying the installment .

Worries?

1)Stop worry about queue ?

You can always find the right time to pump NGV. Furthermore, more and more has been built lately which mean less queue. The best about converting to NGV, you still have the option to use petrol, just in case run out of gas.

2) Worry no power?

Visit our forum. http://www.ngvcommunity.com on ways to increase power.

Is time to convert to NGV today!

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