The Myvi doesn’t break the bank to run. Service intervals are sensibly spaced and the actual cost of the service is reasonable. The 1.3-litre engine returns a very good fuel consumption figure: 44mpg on average. It’s an excellent all-round package that’s cheap to run and well equipped. With good equipment levels and cheap running costs – and a value-for-money price – actual cash depreciation should be reasonable.

The warranty isn’t as long as some manufacturers though and only covers 36,000 miles where most manufacturers cover you for 60,000 miles.

This Perodua scores well on the eco front, with average emissions of 144g/km CO2. However, many other small cars emit less than 120g/km of CO2 – making them cheap to tax. Fuel economy is decent with the manual version averaging 49mpg. The automatic returns 44mpg.

All the signs point to good reliability. It’s a very well built car, feels robust and is trimmed in hard-wearing quality materials. What’s more reassuring is that Toyota has had an indirect hand in its development as it own Japanese firm Daihatsu. Owners of the Daihatsu Sirion (the Myvi’s sister car), which went on sale in 2005, have yet to report any problems.