Man of Honour
How much does your car cost you overall?
- Thread starter Quartz
- Start date
Soldato
I wont do a per mile calc, but I did work out once that as a household we were spending £1.2k per month on motoring (across 4 cars). Now that I'm not commuting and that one of our cars is EV it's come right down from that figure.
When apps and smart phones first appeared I couldn't help but say "there's a t*at for that" because someone would whip out an app for every situation
.Gone are the days of a good debate over something over a pint using your own experience and knowledge hey
Soldato
So many variables but I'll have a go. 2012 Mercedes C63 6.2. Just under 3 year ownership.
Depreciation - £0 (thanks to current market)
Services - 1145 (3 main dealer)
MOT - 90
Fuel - 7500 (approx)
Tyres - 770 (only needed one corner each so far)
Tax - 1700
Bodywork repairs/alignment/other - 435
Insurance - £1570
Total £13,211
18000 miles
73p a mile
Excluded ceramic coating and general detailing/wash products.
Depreciation - £0 (thanks to current market)
Services - 1145 (3 main dealer)
MOT - 90
Fuel - 7500 (approx)
Tyres - 770 (only needed one corner each so far)
Tax - 1700
Bodywork repairs/alignment/other - 435
Insurance - £1570
Total £13,211
18000 miles
73p a mile
Excluded ceramic coating and general detailing/wash products.
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Soldato
~34p per mile, that is amortised leasing costs, electricity to charge, servicing and insurance for a Hyundai Ioniq 38kWh, based on an average 8k miles per year. Not bad considering fuel at 40mpg is ~15p per mile on its own, leaving ~£1,520 for all of the other costs for the same 8kpa if I looked at other options.
No idea of per mile. I paid £2600 for my 07 plate Auris. I've had it for 5.5years now and 44k miles i have driven.
Depreciation - No idea
Fuel £8000
Insurance £3000
Tax £1400
Servicing £1200
MOTs £175
Tyres £750
Major/minor work (Clutch etc etc) - £500
Depreciation - No idea
Fuel £8000
Insurance £3000
Tax £1400
Servicing £1200
MOTs £175
Tyres £750
Major/minor work (Clutch etc etc) - £500
Soldato
Including the full cost of the car that is ~40ppm for the full 44k.
Exactly this....
I just worked through my BMW 123d and it comes to 35p a mile roughly.
But that's because all the diesel, insurance, maintenance, repairs, tyres etc and the fact it cost me £16k and I now value it at £0 is swamped with the 160k miles I've done in it.
As I am sad an log every penny spent this stuff quite easy to generate data,
Numbers are all car associated costs including fuel, I have done over 10k on track and competition in the Punto prior to getting the 5, so there's some high fuel and quite accelerated brake and tyre wear in there, in reality the car is super cheap and reliable.
Daily driver Abarth Punto Evo SS over 10yrs/92k, 35p a mile, assuming it would sell at current values, 44p a mile assuming 0 value, with mods 54p a mile.
track/sprint car MX5, £76 a mile this year and it's only done 200 miles but overall 56p a mile, throw away too much dough on go faster bits.
Numbers are all car associated costs including fuel, I have done over 10k on track and competition in the Punto prior to getting the 5, so there's some high fuel and quite accelerated brake and tyre wear in there, in reality the car is super cheap and reliable.
Daily driver Abarth Punto Evo SS over 10yrs/92k, 35p a mile, assuming it would sell at current values, 44p a mile assuming 0 value, with mods 54p a mile.
track/sprint car MX5, £76 a mile this year and it's only done 200 miles
but overall 56p a mile, throw away too much dough on go faster bits.
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Soldato
Barely anything really.
Bought a brand new Astra GTC in 2016. As it was the outgoing model it was £13500.
We Buy Any Car values it at nearly £5000 at the moment. Can't argue with ~£100 per month depreciation on a new vehicle.
I love cars, but they are a catastrophic waste of money*.
*I put a turbo on my MX5 this year.
Bought a brand new Astra GTC in 2016. As it was the outgoing model it was £13500.
We Buy Any Car values it at nearly £5000 at the moment. Can't argue with ~£100 per month depreciation on a new vehicle.
I love cars, but they are a catastrophic waste of money*.
*I put a turbo on my MX5 this year
.
Soldato
73p a mile without any depreciation for a C63
I suppose it's mostly fuel for that engine
I think I've probably over estimated fuel there but its not going to be too far away. I didn't think everything else was too bad to be fair. 3 main dealer services (2 minor, 1 major). Tyres have been amazing. The rears could easily be done every 5000 miles. No brake pads/discs and no major issues. Running without warranty too and insurance is very good given that I'm in Stoke!
This is the one bit that really ****** me off!
Soldato
- Joined
- 27 Mar 2013
- Posts
- 9,148
Do more miles then it's cheaper per mileI think I've probably over estimated fuel there but its not going to be too far away. I didn't think everything else was too bad to be fair. 3 main dealer services (2 minor, 1 major). Tyres have been amazing. The rears could easily be done every 5000 miles. No brake pads/discs and no major issues. Running without warranty too and insurance is very good given that I'm in Stoke!
This is the one bit that really ****** me off!
.
Associate
Another +1. Though do make sure you do regular cloud drive backups or tick the setting so it auto does it after each entry. Mine wasn't ticked and my phone died last week. Lost 6 months of entries.
You spend £120 a YEAR on petrol yet double that on servicing?!
Yeah main dealer servicing ain’t cheap but I like it. It has to be done every year regardless of miles driven.
That petrol spend is so low you can't be doing more than about 1000 miles a year surely? There must surely be a more cost effective solution for you?