There's no doubting that the Myvi is cheap, especially when you consider how much kit you're getting for the price. Running costs won’t bring a tear to your eye, either, with low insurance bills and fuel economy of nearly 50mpg. However, there are plenty of superior cars out there for even less money.
Perodua Myvi quality & reliability
The Myvi sells in such low numbers that we haven't seen much in the way of hard data concerning the car's reliability. It shares its mechanicals with the now-defunct Daihatsu Sirion, though, which had a decent record. Quality isn't a strong point - the cabin plastics feel very cheap indeed.
Perodua Myvi safety & security
This is one of the areas in which the Myvi really isn't up to scratch. Twin front airbags are standard, but there are no side or curtain 'bags, and no stability control. Remote central locking is standard, but there's no hint of deadlocks to deter smash-and-grab criminals.