What percentage of your wage do put towards motoring?

wingman · 29 Jan 2012 at 15:51

As the title suggests, what percentage of your wage goes towards your motor? This includes finance, insurance, fuel, TAX and estimated repair costs.

Please don't include performance modifications since these are luxury and non essential, I'm looking for a necessary percentage of your wage that goes on your essential motoring.

wingman · 29 Jan 2012 at 16:01

Is that a 172 or a 182 in your signature?

Thanks for the honest answer, too!

wingman · 29 Jan 2012 at 16:01

GeX, that's a good great percentage place to be in.

wingman · 29 Jan 2012 at 16:05

Woden said:
Zero, as I can't drive.

Keep it that way if it suits, expensive game!

wingman · 29 Jan 2012 at 16:06

Rabtech said:
Excluding what my car cost, my first years driving has cost around 20% of my wage inc fuel, insurance, repairs, consumables etc - I do around 150-200 miles a week.

Not bad, either. My first year of driving cost me £500 for the car and £1300 for the insurance. I hated being 17....!

wingman · 29 Jan 2012 at 16:10

Skeeter said:
172.

When I was working in that job I started with a Mondeo and moved to the Clio. The costs to run were about the same as when driven sensibly the Clio will still go a good 37mpg. The costs to maintain and service the Clio were more though.

I absolutely adore the RenaultSport range, congrats on the 37mpg too that's impressive (not driving it like you stole it though, I imagine).

wingman · 29 Jan 2012 at 16:12

alex24 said:
19.6%

Could probably afford to have a much more expensive car but I need to save for a house!

This is my feelings at the moment. I am spending a ridiculous 50% of my total income on my car (that includes everything, though, as it's still under warranty). I'm just not going to be able to move out unless I buy something cheaper, but it's parting with 190bhp that is going to hurt.

I am very fortunate to have parents that do not charge rent, although I purchase my own food etc.

wingman · 29 Jan 2012 at 16:22

I had a 200 on order a year back and due to ownership costs I dropped out at the last minute.

I've seen a few almost mint condition 172 & 182's on eBay and have been quite tempted on numerous occasions but they're asking a £1k for insurance even though I'm 22. I'm currently paying £500 so it's a no brainer. Great that you've got one that you don't rely on to get to work, more fun that way.

How's the suspension? Harsh as everyone moans about or is it part of the appeal?

wingman · 29 Jan 2012 at 16:34

Nazbit said:
Broken down monthly, £10 tax, £40 insurance and anything up to £200 on fuel. Thats 17.6% of monthly wage after tax.

Repair wise very little, annual service £100 and then any other costs arising from that, £240 for a full set of tyres every 18 months. I average 38mpg and do 350 miles a week.

Need a more exciting car, but I cant afford lower fuel consumption really.

Read that first line as though you were repeatedly broke down every month.

I'm having the exact same issue with excitement only reversed, I need something less exciting because mine has rubbish fuel economy.

wingman · 29 Jan 2012 at 21:31

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.

I'm not at all interested in how much any one here earns or takes home. I was looking for a percentage of that income which goes towards motoring, so everyone can compare.

If someone has had a complete engine rebuild and it came to 2% then so be it, if the same scenario came about with another individual and it was 40% then the question would remain the same. The only difference is the outcome percentage.

wingman · 1 Feb 2012 at 19:08

Thanks for all the responses guys - wish I'd have made it a POLL now to get a clear average.

wingman · 1 Feb 2012 at 19:12

alexisonfire said:
Looks like we'll have to archive this thread and make a new one then? Such a shame

If need be?

lee1101 said:
Not too late!

How come? Can it be turned into a poll?

wingman · 1 Feb 2012 at 19:23

lee1101 said:
Well not really but this might work.

Ive seen on another thread about power to weight ratio of cars where the op went through and created a shared spreadsheet on google docs that everyone could update. Might be an idea!

Do you know of a way to download the whole conversation so far into excel or word?

TONY said:
I have been waiting 4 years for this and still have 6 months to go, I am really looking forward to having £600 extra to spend on other things (or save if I'm feeling sensible but that's doubtful).

If it were me I'd be getting the itch to buy a new car with the money saving!!

wingman · 1 Feb 2012 at 22:23

Maccy said:
We can add a poll to a thread at any time.

Please do.

Can you include the following options?

0%

1-10%

11-20%

21-30%

and so on and so forth.

A 100%+ would be a good option to have to for those that have saved and spent more than their wage on their motor.

Thanks!

wingman · 25 Jun 2013 at 12:36

I've recalculated mine to 21.74%.

wingman · 25 Jun 2013 at 12:57

I can't remember if I included tyres last time!

wingman · 25 Jun 2013 at 13:50

If you own the car then make an educated guess with regards to the depreciation?

wingman · 25 Jun 2013 at 14:33

£5 a day parking. Strewth.

Makes me grateful for free parking, especially in a city.

wingman · 25 Jun 2013 at 15:55

atpbx said:
My percentage has gone up, its now 17%.

But we both earn more money this year, and we are running two cars as well now.

You're earning more money, the % should go down

wingman · 26 Jun 2013 at 09:10

atpbx said:
No, we now run two cars, both of which are substantially more expensive to own and run than the one I was running at this time last year.

So even though we both earn more, we have more expensive motoring costs.

I had surmised that something like this had happened, my response was tongue in cheek, highlighted by the

.