But I have factored in the loan payments as a sort of depreciating savings method as the more "equity" I get the car the more I have towards a house deposit while getting to enjoy having a decent car while I can.
Roughly 4% of household income but doesn't include initial outlay so a bit flawed in terms of comparisons with people paying on short term finance agreements etc.
Edit: For comparison my train ticket costs well over double annual motoring costs!
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