The Cost of Owning a BAIC BJ60 in Saudi Arabia: A Comprehensive Guide
Published On, May 20, 2023 | By YaaraCars Team
The BAIC BJ60 is a rugged off-road SUV that has gained attention in Saudi Arabia for its bold design, advanced features, and excellent off-road capabilities. The BJ60 is a popular car under SAR 170,000. Positioned as a direct competitor to more established brands, the BJ60 offers a compelling mix of affordability and durability, making it an attractive option for those who love adventure and off-road driving. But before committing to owning one, it is important to consider the total cost of ownership.
This blog post will explore the various costs associated with owning a BAIC BJ60 in the Kingdom of Saudi Arabia (KSA), including the initial purchase price, insurance, fuel, maintenance, and more. Let us dive into the details.
Purchase Price
The BAIC BJ60 comes in multiple trims, each offering different features and levels of luxury. In Saudi Arabia, the new car price for a basic trim of the BAIC BJ60 is approximately SAR 156,900. However, for higher-end trims that include more advanced off-road capabilities, premium interior materials, and additional technology, the price can go up to SAR 165,000.
It is worth keeping an eye on dealership promotions, trade-in offers, or financing plans that can make the initial purchase more manageable. Some dealerships may also offer zero down-payment deals or extended warranties to attract customers.
Insurance Costs
Car insurance is mandatory in Saudi Arabia, and the cost of buying an insurance for BAIC BJ60 will depend on several factors, including your driving history, age, and the trim level of the vehicle. For a mid-range trim of the BJ60, you can expect to pay between SAR 3,500 to SAR 6,000 annually for comprehensive insurance coverage.
Factors such as the off-road nature of the BJ60 and its overall value may raise the premium, so it is always a good idea to shop around and compare different insurance providers to secure the best rates.
Fuel Efficiency and Costs
The BAIC BJ60 is powered by a 2.0-litre turbocharged engine, delivering solid performance but at the cost of fuel consumption. Off-road-capable SUVs like the BJ60 tend to consume more fuel, and its average fuel consumption stands at around 10 to 12-litres per 100 kilometres.
Given the fluctuating fuel prices in Saudi Arabia, with petrol prices hovering around SAR 2.33 to SAR 2.18 per litre, the annual fuel cost can be significant, especially if you drive long distances or engage in frequent off-road trips. For an average driver who covers around 20,000 km per year, you can expect to spend between SAR 5,000 to SAR 6,000 annually on fuel.
Maintenance and Servicing Costs
Maintenance is a crucial part of owning a vehicle like the BAIC BJ60, especially if you use it for off-roading, which can put additional wear and tear on the vehicle. Routine maintenance, such as oil changes, brake inspections, and tire rotations, is necessary to keep the vehicle in good condition.
For basic servicing, expect to pay around SAR 1,000 to SAR 1,500 per service. However, off-road vehicles may require more frequent servicing, particularly if you use the BJ60 in challenging terrains. Additionally, BAIC offers service packages that can help reduce the overall cost of maintenance by covering essential services for a specified period. Be sure to check with local dealerships for these deals.
Depreciation
Depreciation is another factor to consider when calculating the total cost of ownership. The BAIC BJ60, being relatively new to the market, may experience a higher depreciation rate compared to more established brands. On average, vehicles in Saudi Arabia depreciate at a rate of 15 percent to 20 percent in the first year and around 50 percent after five years. However, the resale value of the BJ60 will depend on factors such as market demand, the vehicle’s condition, and the number of kilometres driven.
Registration and Other Fees
Registering your BAIC BJ60 in Saudi Arabia involves a fee that varies depending on the vehicle’s specifications. On average, expect to pay around SAR 400 to SAR 800 annually for vehicle registration. Additionally, you will need to factor in periodic inspections and potential road tolls, depending on where you drive.
Other potential costs include parking fees, especially in urban areas, and any modifications or accessories you may want to add to the vehicle for enhanced off-road performance.
Conclusion
Owning a BAIC BJ60 in Saudi Arabia comes with various costs beyond the initial purchase price. From insurance to fuel, maintenance, and depreciation, it is important to factor in these expenses to get a complete picture of the total cost of ownership.
For an SUV that offers strong off-road capabilities, a spacious interior, and advanced features, the BAIC BJ60 provides good value for money in the Saudi market. If you are an adventurous driver or someone who enjoys rugged terrains, the BJ60 could be a perfect match, but it is crucial to budget for ongoing expenses to enjoy a hassle-free ownership experience.