Pence per mile?

[sjabrown]

Bought an old Corsavan last autumn. Purchase cost, tax, fuel, insurance, parts/maintenance all totalled up and for the first 10,000 miles the cost per mile is...

19.252pence.

This cost includes everything spent relating to the driving of this vehicle.
If it doesn't need much for an MOT I anticipate this cost will drop significantly.

[OneTwo]

I'm considering changing my car and these calculations (and other associated man maths) are quite useful.

[Trustmeimadoctor]

I tell you what monitoring these things now it's quite shocking how much diesel has been fluctuating

[HannsG]

Panda 100HP, 10quid I can do around 80-100 miles max.

90% motorway.

[30v]

Had to work this out for work purposes recently so it's bang-up to date:

Audi B5 RS4 = 54.17p/mile

Depending on who you talk to, it's enjoying 'negative depreciation' at the moment (a first for me)! So with appreciation at a conservative +£1000 p/a, it works out at 45.8p/mile.

Edited by 30v on Wednesday 22 February 23:05

[MaxSo]

Resurrecting this a bit since electric cars are becoming more common and I've recently moved into an EV myself. Would be interested to know how this stacks up against other cars nowadays, and also other EVs / hybrids.

BMW i3 120Ah leased from Evezy (I do have a referral code if anyone is interested after reading this...)

£399 pcm (inc. insurance, maintenance & public charging on Polar network)

12k miles per annum allowance and 8p per mile excess up to 15k miles per annum.

I do 15k miles per annum and average about 4.6 mi/kWh.

I pay 13p per kWh at home, but a significant amount of 'fuel' has been free by using Polar public chargers. Some other public charging has been on other networks, which charge about 25p-35p per kWh.

So far I've done 3k miles with a total (home and public) charging cost of £75. (ie. 2.5p per mile on electricity alone).

The total cost to drive 15k miles in a year is therefore:

(399x12) + (0.08x3000) + (0.025 x 15000) = £5,403

So the cost per mile is 36p