How much does your car cost you overall?

[Bear]

Mercedes E63S £1.13 per mile

Depreciation - £0 after 1 years ownership, based on purchase prices and current WBAC valuation
Fuel - £660 ~2000 miles at 18mpg
Insurance - £449
Tax - £490
Servicing - £667

 

[dlockers]

Mercedes E43 £1.04 profit per mile

Depreciation +£6k profit after 9 months ownership based on latest WBAC
Fuel - £981.87 ~4269 miles at £0.23p mile/ 27.32mpg
Tax - £490
Servicing - £0 at the moment
MOT - £58

 

[Haggisman]

My Polestar 2 is costing me £0.64 per mile.

Car/Insurance/Tyres & Servicing £21.2k (3 years)
Electricity for 36k miles : £1,700

I realise its a pretty insignificant amount in comparison to the other costs, but that electric cost seems very high, are you on an expensive tariff, or just do a lot of public charging? (or the Ps2 is really inefficient!)

To do 36k miles in my Zoe (charging at home on Octopus Go) would have cost £450!

 

[Sirrel Squirrel]

My 2005 E350 Estate (3.5 V6 petrol) over 4 years has cost:

£0.76p a mile

Depreciation - £3000
Fuel - £8300 30,000 miles at 22mpg at 134p a litre
Servicing and MOT - £1000
Insurance - £2000
Tax - £1400
Tires - £1200
Repairs - £6000

 

[[TW]Fox]

My 2005 E350 Estate (3.5 V6 petrol) over 4 years has cost:

£0.76p a mile

This is one of the main reasons I stopped using my E39 530i.

Id be amazed if a current generation E class would have cost any more than that even allowing for depreciation.

 

[Sirrel Squirrel]

This is one of the main reasons I stopped using my E39 530i.

Id be amazed if a current generation E class would have cost any more than that even allowing for depreciation.

I know, I'm getting shot of it in April if the build date doesn't slip on my mini van.

To be fair to it, the bulk of the £6000 in repairs happened this year, up until that its been super practical for the family (2 dogs and 4 kids).

 

[chorse]

Tesla model 3 stealth performence.
2 years old.
17000 miles
2000 depreciation (according to WBAC )
500 - electricity
300 - BIK
400 - tyres

I havn't changed tyres yet, so pro rated them.

so 3.2k

3200 / 17000 =

So about 20p a mile.

This is ignoring the 9k capital allowance, which puts the car into a kind of profit, assuming I don't sell it.

 

[SDK^]

I realise its a pretty insignificant amount in comparison to the other costs, but that electric cost seems very high, are you on an expensive tariff, or just do a lot of public charging? (or the Ps2 is really inefficient!)

To do 36k miles in my Zoe (charging at home on Octopus Go) would have cost £450!

For me 36,000 miles is about 180 full charges at £9 each. Currently I’m on 16p per kWh. (Re-newed in April from 12p)
Yours is ridiculously cheap, to the point where that is not sustainable for the supplier.

 

[theone8181]

Tesla model 3 stealth performence.
2 years old.
17000 miles
2000 depreciation (according to WBAC )
500 - electricity
300 - BIK
400 - tyres

I havn't changed tyres yet, so pro rated them.

so 3.2k

3200 / 17000 =

So about 20p a mile.

This is ignoring the 9k capital allowance, which puts the car into a kind of profit, assuming I don't sell it.

What's a stealth performance, SR.

Mine on e92 m3,

10k miles so about 300 a month on fuel,
600 on road tax (yes I called it tax),
Insurance is not too bad at 350 (a year),
Warranty 85 a month,
Servicing is reasonable as every 18k so probably 30 a month averaged.

Cost about 55p a mile, as depreciation is not too bad.

 

[paradigm]

For me 36,000 miles is about 180 full charges at £9 each. Currently I’m on 16p per kWh. (Re-newed in April from 12p)
Yours is ridiculously cheap, to the point where that is not sustainable for the supplier.

5p/kw on Octopus Go, but only between 00:30 and 04:30. Perfect for us as our Passat GTE only takes at most 3.5hrs to fully charge from empty.

Not worked out the ppm for it yet but I’d be surprised if it was much, given current depreciation is non-existent (car is worth more than I paid, same goes for the 440i).

 

[SDK^]

5p/kw on Octopus Go, but only between 00:30 and 04:30. Perfect for us as our Passat GTE only takes at most 3.5hrs to fully charge from empty.

I looked at that option but with the higher standing daily charge and ‘on-peak’ rate meant that with the overall household electricity factored into the bills the savings weren’t enough to go for it.
I would save a few pounds to charge EV during the night once a week, but then spend more pounds on daily/weekly usage.

 

[MacRS4]

My old M3 running costs are here: https://www.evernote.com/shard/s295...d29a2535cb93/7d27aea16dbc9b0e1dd9040c6b9ba4fc

M2 Comp is .43p a mile for 2 years apparently, not including depreciation. That’s new to 10k miles, so about GBP1.50/mile including depreciation ish.

 

[Greebo]

For me 36,000 miles is about 180 full charges at £9 each. Currently I’m on 16p per kWh. (Re-newed in April from 12p)
Yours is ridiculously cheap, to the point where that is not sustainable for the supplier.

I’m on octopus go and the electric is 5p per kw for 4 hours during the night to charge the car. Would cut your electric costs by two thirds.

also it’s only 14.95p per kWh for daytime so cheaper there by a 6% as well.

I looked at that option but with the higher standing daily charge and ‘on-peak’ rate meant that with the overall household electricity factored into the bills the savings weren’t enough to go for it.
I would save a few pounds to charge EV during the night once a week, but then spend more pounds on daily/weekly usage.

14.9p daytime on octopus go is cheaper than your 16p tariff?????

 

[[TW]Fox]

14.9p daytime on octopus go

If you signed up months ago perhaps.

 

[HangTime]

No idea, a lot of the costs vary e.g. insurance is different each time, mileage differs year on year, tyre replacement varies and might cost slightly different prices, depreciation is all over the place at the moment.

 

[SDK^]

Would cut your electric costs by two thirds.
also it’s only 14.95p per kWh for daytime so cheaper there by a 6% as well.

As I mentioned - There is more to the household energy costs to consider than just the elec off peak kWh rate.
The daily standing charge is more on Go and I’m duel fuel, so would lose out on Gas savings going for separate deals.

If I was a heavy EV charging user, or my partner also had an EV, and we were using it every night then the savings being on Go would be worth it.

 

[throwaway4372]

Probably quite a lot per mile, even though it's a cheap car - because I don't do many miles.
But, can't get by without a car so it doesn't really matter how much it costs.

 

[paradigm]

If you signed up months ago perhaps.

15.6p if you sign up today, which is still low.

25p/day standing charge is roughly equal (slightly less in some cases) than the big 6.

 

[Haggisman]

I looked at that option but with the higher standing daily charge and ‘on-peak’ rate meant that with the overall household electricity factored into the bills the savings weren’t enough to go for it.
I would save a few pounds to charge EV during the night but then spend more pounds on daily usage.

The"on peak" rate on go for me was still the cheapest at the time at 13.72p (next closest was 14 something).

As paradigm has just posted, even the current rate of 15.6p is at the lower end of the market (and the reason I'm still on the tariff even though we sold the EV almost a year ago )

 

[Jonnycoupe]

I looked at that option but with the higher standing daily charge and ‘on-peak’ rate meant that with the overall household electricity factored into the bills the savings weren’t enough to go for it.
I would save a few pounds to charge EV during the night once a week, but then spend more pounds on daily/weekly usage.

And here we go again.....

utter made up man maths cos you've got a special magic desk lamp.

If you signed up months ago perhaps.

Correct, or maybe last week as per one of my colleagues...