Vehicle OTD Price Formula:
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The Vehicle Out-The-Door (OTD) price is the total amount you pay to drive the vehicle off the dealership lot in Malaysia. It includes the base price plus all applicable taxes and fees.
The calculator uses the simple formula:
Where:
Explanation: The equation accounts for the total cost of vehicle ownership at the point of purchase in Malaysia.
Details: Knowing the OTD price helps buyers budget accurately and compare true costs between different dealerships or vehicle models.
Tips: Enter the base vehicle price and total taxes/fees in MYR. Both values must be positive numbers.
Q1: What taxes are typically included in Malaysia?
A: Common taxes include sales tax (SST), import duties (for foreign vehicles), road tax, and registration fees.
Q2: Does OTD price include insurance?
A: Typically no - insurance is usually separate unless specifically included in the dealer's package.
Q3: How accurate is this calculator?
A: It provides a basic estimate. For exact OTD prices, consult your dealer as fees may vary.
Q4: Are there other fees not included here?
A: Some dealers may add documentation fees, preparation fees, or other charges not reflected in this basic calculator.
Q5: Can this be used for both new and used vehicles?
A: Yes, the same principle applies, though tax rates may differ for used vehicles.