My Audi has depreciated 5k in 7 years, does 50mpg
200 tax
300 ins
Servicing is 100 or 200 on alternate years
Mot 40
Tyres 400 (but I probably get 18 months out a set)
16,000 miles pa
So 25p per mile?
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How much does your car cost to run?
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Posted 4 months ago #
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on that spreadsheet mine worked out as 92p per mile including depreciation
Posted 4 months ago # -
Molgrips - of course it is a cost
Jesus.
Yes it's a cost.
No it is not a running cost.
A running cost is actual cash that comes out of my monthly budget. Depreciation does not come out of my monthly budget. There is no direct debit on my bank statement that says 'car depreciation'. When doing a monthly budget I do not need to factor it in.
A running cost is a regular cash outlay.
Asset depreciation is a reduction in value of something you own.
Posted 4 months ago # -
molgrips is right ffs!
Posted 4 months ago # -
Posted 4 months ago #
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Mine worked out at 40p a mile (excluding depreciation)
I only do 6,000 miles a year as I try to avoid using it as much as possible. Most of my journies are over 30-miles and include trips to the alps and Wales.
If I increase the mileage the cost per mile goes down. If I stick in 12,000 miles it's 28p a mile!
Not bad for a 12-year old VW Bora with the very very old 2.0l 8v lump in it.
Posted 4 months ago # -
molgrips is right ffs!
Agreed!
... it probably needs to double in price.
Disagreed! ... but whole other argument I'm not getting into.
Posted 4 months ago # -
well according to that spreadsheet my car costs me 34p all in, and the fact it is on a lease i am going to call the lease payment a running cost. I see it as me hiring the car.
Posted 4 months ago # -
Tax - £260
Insurance - £300
Service - £170
MOT - £60
Tires - £400 for a set of non ditchfinders!
15k @ 30 Mpg - not working it out cause i will cry as its all private miles!Owned the same car for the last 5 years and its depreciated like a lead balloon, possibly 2k per year - but its a vauxhall so to be expected..!
Posted 4 months ago # -
Audi A3 Sportback 2.0TFSI Quattro. Owned from new, now 5 and 1/2 years old.
Insurance £480
Road Tax £225
BreakDown Cover £100
Servcing £250
MOT £50
Tyres £250
Fuel £1800Total = £3155, for about 7500 miles = 42p per mile
Taking into account depreciation to date estimated @ £3300 per annum = Total £6455
Giving an overall cost per mile of 86p
Posted 4 months ago # -
The whole depreciation argument is semantics. If I was doing 100K miles a year I would have to budget more for depreciation than if I did 10K. Look at leasing. Its all packaged up for you into one monthly payment. I am budgeting monthly for my depreciation on my new car by paying for the car on an interest free credit card and paying it off monthly for the term of the card. So I have made it a monthly outgoing, albeit interest free.
Posted 4 months ago # -
About 50p per mile, apparently.
That's a 2 litre Renault Trafic.
Posted 4 months ago # -
2 cars here - one is a company car, upon which I pay tax and relinquish a car allowance for. Other one is our own, a few months old, bought ex demo and will be kept for 5 yrs plus.
whichever way we work it, each one costs £350/£400 per month, incl fuel/insurance/tax/depreciation/loss of allowance. We try and keep costs down by doing the majority of the miles on the diesel company car and sub 7K miles pa on the private petrol one.
Posted 4 months ago # -
Hells Bells, 'cause I only do 3000 miles a year in a 3.0 Beemer, my cost per mile is £1.14, or £285 a month.
And what can I buy from peugeot's 3 year all-in except fuel deal close to £285 a month? The incredibly fugly 207 SW.... nice.
Posted 4 months ago # -
So, when you buy a car for ten grand, do you say 'well this is only costing me six grand cos I can sell it later for four grand?'
And that affects your budget how? Are you continually saving, so as soon as you buy a car you start saving for the next one?
Leasing is different.
Posted 4 months ago # -
So is TJ thinking about getting a car yet? Most people seem to have running costs that are lower than my examples of public transport.
Posted 4 months ago # -
We run 2 cars, which i won't go into....
But my weekly train pass costs just over 38 quid, and covers 530 miles - less than 8p per mile! Bargain!DrP
Posted 4 months ago # -
my weekly train pass costs just over 38 quid, and covers 530 miles - less than 8p per mile
Yeah I have no doubt there are examples of public transport being cheaper but it isn't necessarily the case (and my examples prove it really isn't in my circumstances) - the three journeys I exampled are the three journeys I most regularly make using public transport - and even then I based them on a single person travelling - the public transport costs multiply when more than one person travels whereas with using your own vehicle the cost only increases fractionally. And I have more freedom to travel at times and on routes/destinations that suit me too. And I don't have to sit next to someone smelling of urine.Posted 4 months ago # -
It's only infrequently that I smell of urine TBH...
DrPee
Posted 4 months ago # -
Posted 4 months ago # -
Z4M - 70.4ppm (3000 miles per year)
Pug 306 HDI - 21.8ppm (7000 miles per year)
330i Touring - 46.4ppm (5000 miles per year)That's assuming no depreciation on the Pug or Z4M.
Posted 4 months ago # -
If your car didn't depreciate you wouldn't have to save to pay for the next one.
Deperciation is also dependent on mileage so it is not a fixed cost of ownership like MOT or Tax.
Posted 4 months ago # -
Hmmm, just looking into leasing and it seems the monthly payments outweight the cost of owning my own car.
Whats the catch?
Posted 4 months ago # -
Getting a bit naffed off with commuting in bad weather so i just checked how much insurance will be on a 1.6 qashqai (mrs can get a good deal leasing one through work) I'm 34, no no claims bonus. £1200
Think i'll be sticking to the bike
Posted 4 months ago # -
Deperciation is also dependent on mileage so it is not a fixed cost of ownership like MOT or Tax
Part of it is fixed though. It still depreciates even if you don't drive it at all. More miles = MORE depreciation though. So perhaps the formulae could reflect that difference in the cost per mile?
And I have more freedom to travel at times and on routes/destinations that suit me too. And I don't have to sit next to someone smelling of urine.
Mm that has never happened to me in all the public transport I've been on. You forget to mention that in a car you can't read or sleep, or get up and walk about.
Posted 4 months ago # -
Mm that has never happened to me in all the public transport I've been on.
It SUITS me.Ie, it is preferred, more flexible, in suits as I make the decision.
You forget to mention that in a car you can't read or sleep, or get up and walk about.
Nope but I don't on trains or buses (and very rarely on flights apart from long haul). I don't like reading, much prefer to plug in the iPod and I can listen to music in my car.As I said, it suits me.
Public transport always has an element of compromise as I have a 25 minute walk/5 minute ride/taxi drive to get to the nearest regular public transport.
Posted 4 months ago # -
Do whatever suits you and screw the environment, eh MF?
(warning.. this post may contain trolling.. still, don't slag off the entire concept of public transport just because it won't get you to work very easily, ok? The old 'people smelling of wee' rubbish is tiresome and not very helpful)
Posted 4 months ago # -
Mm that has never happened to me in all the public transport I've been on.
Actually, my train home from London often smells of takeaways, beer and cheap perfume, mainly 'cos I'm often heading back when others have already been to the pub for a couple or three and are pleasantly half-pissed.
All right for them, but I don't enjoy it. As there's no sensible way to get into London other than by public transport (I could drive, but I'd just explode with rage), and I enjoy my cross-town bike ride, I put up with it. But it's a real downside of public transport from my perspective
Posted 4 months ago # -
wors - Member
Getting a bit naffed off with commuting in bad weather so i just checked how much insurance will be on a 1.6 qashqai (mrs can get a good deal leasing one through work) I'm 34, no no claims bonus. £1200
Think i'll be sticking to the bike
Even without NCB that's an expensive quote at your age unless you've been drink driving or suchlike?Posted 4 months ago # -
Permission to turn this into a cars-as-an-object-of-fun-rather-than-just-a-practical-thing thread?
Posted 4 months ago # -
Even without NCB that's an expensive quote at your age unless you've been drink driving or suchlike?
No points on license, no driving offences, nowt.
Posted 4 months ago # -
mastiles_fanylion - Member
No - cos for any sensible comparison public transport and bikes is a cheaper, easier, quicker and more comfortable option.So is TJ thinking about getting a car yet? Most people seem to have running costs that are lower than my examples of public transport.
One trip I do fairly often is to visit my parents.
Cycle to town ( 10 mins), bike on the every 15 mins train, 50 mins to glasgow, 20 mins cycle to my paretnts. total cost £12.10 return, total time under 1.5 hrs, 50+ miles each way. ( or I can bus and train it for £20)
I can read the paper,have a coffee of a beer on the train and have a pee to relieve the pressure of the beer.
Try doing that in your car. It would cost far more, be slower except in the dead of night, you can't have a coffee, read the paper, have a beer of have a pee in a car and its nice to be able to have a couple of glasses of wine with my folks. I can even and often do sleep on the train
Posted 4 months ago # -
TandemJeremy - Member
mastiles_fanylion - Member
So is TJ thinking about getting a car yet? Most people seem to have running costs that are lower than my examples of public transport.
No - cos for any sensible comparison public transport and bikes is a cheaper, easier, quicker and more comfortable option.One trip I do fairly often is to visit my parents.
Cycle to town ( 10 mins), bike on the every 15 mins train, 50 mins to glasgow, 20 mins cycle to my paretnts. total cost £12.10 return, total time under 1.5 hrs, 50+ miles each way.
I can read the paper,have a coffee of a beer on the train and have a pee to relieve the pressure of the beer.
Try doing that in your car
Try going dogging on your bike!!Posted 4 months ago # -
wors - Member
Even without NCB that's an expensive quote at your age unless you've been drink driving or suchlike?
No points on license, no driving offences, nowt.
Hmmm? Have you tried Egg, Admiral and Tesco and Priviledge? Those have been pretty decent for me although I do have full NCB, I still have some pointsPosted 4 months ago # -
Posted 4 months ago #
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