What percentage of your wage do put towards motoring?

Excluding performance work, but including depreciation, running my 2 cars for the last 12months im at ~18%

I had a couple of big bills coming up on the 320d so I've part-ex'ed it away to avoid them. :)
 
A little difficult to answer as my car is both my track car and daily commuter, therefore the purchase of tyres and other wear and tear items has been exaggerated than if it were just my daily.

So for insurance, tax, fuel, tyres and service + repairs: 60% since january 2011

Including unneeded bits and bobs: 74% :x
 
Over the last 12 months not an awful lot, about 7% or so I guess? But I've been very lucky and it's about to hammer me this month so I guess thats not typical. On average I'd reckon about 10% all evened out.
 
around 16% if you include payments, tyres, insurance, tax and servicing* (* assuming once a year purchase of service, tax and tyres).
 
I've had this car exactly 1 year and its taken 15% of my wages for fuel, tax, insurance, mot and servicing. No major bills so far other than basic servicing. Brakes are next on the getting close to replacement time list.
 
I've just realised how pointless this thread is as it completely depends on the amount you earn. Someone might of had a complete engine rebuild, but it might only be 2% of there wages because they have money falling out of there rectum.
 
alexisonfire said:
I've just realised how pointless this thread is as it completely depends on the amount you earn.
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Actually it's pretty useful, though I'd suggest that a percentage of disposable income (Assuming we class all car costs as such which isn't strictly true but is for the purposes of this) is more accurate.

Because spending £1k a month on your car is nothing if you earn £5k a month but is quite frankly stupid if you earn £1500 a month.
 
around 20-30% last year. Will drop this year as I'll be doing a lot less miles and insurance has come down a fair bit being my second year.
 
alexisonfire said:
I've just realised how pointless this thread is as it completely depends on the amount you earn. Someone might of had a complete engine rebuild, but it might only be 2% of there wages because they have money falling out of there rectum.
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Yes but it still shows how expensive motoring can be. 75% is crazy IMO, a hell of a lot of wages to throw at a car.

I am prob around 10%. But I barely drive it, do most of my own servicing etc.
 
Before i broke up with my ex i wasn't able to spend anything on a car, which is my main hobby. We split late 2010, and the last year i was in the position to be able to spend what i wanted on my car, I did go a little crazy though :p. Like i said though, that is including the cost of running the car on road AND track. I'm on my 4th set of tyres in less than a year for example.
 
Darryn said:
I had a couple of big bills coming up on the 320d so I've part-ex'ed it away to avoid them. :)
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I do love logic like this - parting with a car, for trade money, and buying another, with a retailers profit margin on top, is often seen as a better bet than simply paying the bills on the existing car. Even though replacing broken parts rewards you with new parts that wont break for some time whereas taking a bath on your part ex and paying a dealers margin for him just makes somebody else more wealthy at your expense.
 
Not had my Integra long but planning ahead for the next 12 months and 12k miles it comes out at 18%. It does need servicing quite a bit as it's just had an engine rebuild. But that's not counting anything further breaking and not including performance modifications which it might get treated to. It's just had 5k spending on it to make it reet mechanically, however adding that would double the running costs :eek: :D

Looking back hypothetically at my diesel Mondeo in one job doing 20k PA it would have been 22% of my income, and then in my next job my mileage would have been barley 5k PA but it was still 13% (daft insurance, servicing, tyres and body work all needed doing anyway)
 
Surely depreciation one of the biggest costs of motoring needs to be included in these figures.
Excludeing depreciation I spend about 10%
 
Amps said:
Surely depreciation one of the biggest costs of motoring needs to be included in these figures.
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Depreciation is not a monthly cashflow item though. Given we are already including finance/loan costs if you include depreciation you must exclude everything but the interest of the finance.

If you have finance of £300 a month on a car that depreciates at £300 a month this does not equal a £600 a month expense.
 
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