Published on April 23rd, 2022 | by Daniel Sherman Fernandez0
Engine Oil Prices Rising In Malaysia By 15 Percent
No choice, the cost of changing your engine oil has gone up and will continues to rise in coming months
Ok, so we highlighted the rising prices of tires in 2022 by as much as 30 percent and it started very slowly at the end of March this year. Starting from a small 5 percent, it had already moved up to 15 percent by the time we had to change two front tires on our 20-year-old MPV.
Now, this last week we had to service our 33-year-old coupe and we were informed by our regular parts dealer that the cost of our engine oil had gone up 5 to 10 percent in the last month. So, right now in April 2022 we will be paying more for lubricants and by the end of July this year there will be another 5 to 10 percent price increase.
There was also an increase of 10 percent for our servicing parts which was the air filter and the oil filter. This we have to live with and we can still purchase our parts from independent parts importers and get our car serviced at our trusted mechanic who will not ‘play us out’ and will actually change our engine oil.
Here is where it gets tricky, with vehicles currently still under warranty, owners will have to continue servicing their cars at the dealer’s outlet and pay the required prices. However, if you are like us, driving cars that have no more warranty, we can get our engine oil (lubricants) from hypermarkets as we have highlighted before where the prices are much lower and they come with international standards which means there will be no issue, just some upset sales and marketing people at the local lubricant office.
Meanwhile, we just want to alert some of you that there are some new ‘organizations’ offering ‘cheap’ car servicing and also car repair to Malaysians and you should be vary of their ‘offers’ as they cannot be servicing your vehicle properly if they are NOT making money.
No matter what the deal is on ‘social media’ via various shipping apps, these workshops have overheads to pay for and so they cannot be providing vehicle servicing or repairs at a loss.
Please take some effort to check the selling prices of lubricants and servicing parts and see if the ‘offer price’ with these new organisations is lower or higher. If lower then be careful. If slightly higher or even equal, then it should be ok as they buy in bulk and get a much better price.