Yesterday a lot of people were still on their holidays(School holidays+Raya leaves). I predicted that there were less cars on the road. Therefore I tried to use a new route to go to my company.
The new route seemed fine. Even though the total toll amount is slightly higher, I could get another 20% toll rebate due to more than 80 times transactions. Here is the calculation.
Old route toll rate
RM3 X 2trips X 22days = RM 132
New route toll rate
(RM2.20 + RM1.00) X 2trips X 22 days = RM140.80
RM140.80 - 20% rebate = RM112.64
Total saving per month = (RM132-RM112.64) / RM132 X 100%
= 14.7%
However, the rebate can only be claimed after about a month. Therefore I still loose a small percentage of interest if I keep the money in bank. Besides, distance and traffic were not considered in this case as well. Petrol consumption will become higher if the distance is longer and traffic is worse. Anyhow, I believed that I managed to obtain a saving through this new route in future after moving to new location.
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