I just bought a brand new automotive Fluke 88V (~$400). I also got a bunch of free cheapy HF multimeter (~$5), so I decide to see how accurate the HF meter is. Quality wise, the two are mile apart but I don't expect a $5 meter to have the same quality as a $400 meter anyway. I want to see if the HF DC voltage and resistance is good enough for automotive use (I did do one AC voltage test). This is only a few test samples, but I am surprise how accurate the HF meter is. Of course the Fluke has alot more function and digit range than the HF. In all the test so far, the HF is different from the Fluke reading by less than one percent. I say the cheapy HF meter is good enough for automotive use.
AA battery (1.2V): Different by 0.63%
9V battery: Different by 0.35%
12.7 battery: Different by 0.31%
120 AC: Different by 0%
80 ohm resistance: Different by 0.12%
4.6 kilo ohm resistance: Different by 0%
AA battery (1.2V): Different by 0.63%
9V battery: Different by 0.35%
12.7 battery: Different by 0.31%
120 AC: Different by 0%
80 ohm resistance: Different by 0.12%
4.6 kilo ohm resistance: Different by 0%

