How much does your car cost per month?

[IntriguedUser]

£268 p/m

2005 accord 2.4 ex manual

Taken up by a massive £148 per month for insurance!

[95JO]

nickfrog said:

Wait until you start doing the other type of tracking

I don't even want to know! In all seriousness though, I do plan to do my first track day during my ownership...

[Dave Hedgehog]

M3P, after 1 year 10k pa

Monthly Payment: £410
Insurance: £35
Servicing: £0
Tax / VED: £0
Fuel - £12 (4.5p / kwh)
Total: £457

[siovey]

nickfrog said:

Those were an absolute bargain even with a bit of initial payment.

Absolutely mate.
Its a lot of car for little outlay p/m.

[Welshbeef]

13 year old SMax £259 pcm “all in” incl assumes depreciation.

[Welshbeef]

C63 S205 AMG 4 years old £639 all in cost.

[Zippee]

Merc AMG GTS

Tax - £28
Fuel - £120 (don't do a huge amount of miles)
Servicing - £48 (On a 2 year service plan for £1150)
Insurance - £38

So excluding buying the thing it 'only' costs me at present £234 a month all in. Obviously not including tyres, brakes etc when needed, or depreciation when I come to sell.

[jonobigblind]

My 2006 Cayenne S

£51.66 insurance
£48.33 tax
£225 fuel (or thereabouts when I’m using it regularly)

Knocking £325 all in or about £100 if it doesn’t leave the drive.

Depreciation is negligible given where it’s at in its life stage.

[TREMAiNE]

2018 Mustang GT

Monthly Payment: bought outright
Insurance: £810 for the year, so ~£67.50 per month.
Servicing: £255 each year, so ~£21.25 per month.
VED: £145 for the year, so ~£12.08 per month.
Fuel: Around £200 per month at 25mpg.

Total monthly payments: £300.83
Actual monthly payments (as I pay most of it outright) is £200 per month on fuel.

[Zoon]

Aiminghigh123 said:

Interesting. What deal do you have on the Tesla?

I was looking at PCP on model 3. 25k miles a year got quoted £620 a month with £620 down over 3 years. As I spend near enough £500 on fuel I have been tempted.

Where was that from out of interest?

[Welshbeef]

TREMAiNE said:

2018 Mustang GT

Monthly Payment: bought outright
Insurance: £810 for the year, so ~£67.50 per month.
Servicing: £255 each year, so ~£21.25 per month.
VED: £145 for the year, so ~£12.08 per month.
Fuel: Around £200 per month at 25mpg.

Total monthly payments: £300.83
Actual monthly payments (as I pay most of it outright) is £200 per month on fuel.

Come on you have to add in a depreciation cost as it most certainly is losing £.

[RammyMP]

This calculation has just cheered me up! Fuel is based on average of owning the car and depreciation is value now against what I paid:

Audi A6:
Depreciation - £400
Insurance - £38
Servicing & maintenance - £67
Fuel - £146.16
VED - £40.68
TOTAL PER MONTH: £691.84

[95JO]

RammyMP said:

This calculation has just cheered me up! Fuel is based on average of owning the car and depreciation is value now against what I paid:

Audi A6:
Depreciation - £400
Insurance - £38
Servicing & maintenance - £67
Fuel - £146.16
VED - £40.68
TOTAL PER MONTH: £691.84

That depreciation is horrific in comparison to your seemingly little usage!

[TurboHatchback]

TyrannosauRoss Lex said:

Lexus LS460

Depreciation £0
Fuel £65 give or take
VED £50
Insurance £35
Maintenance/MOT £30 or so but clearly can vary. Have only had it 11 months....this may rise

So around £180/month or so.

I'm guessing you don't drive very far?

[StuntmanMike]

BMW E60 550i Msport.

Loan 150.
25 insurance.
160 fuel.
28 tax.

363 per month.

[P5BNij]

I was going to say peanuts for my 2012 Alfa Giulietta 1.6 Lusso, but this morning the fuel injection system has thrown a wobbly. Other than that I brim the tank about every six weeks which is around £55 (work place is just a few miles away), the road tax is just £30 a year and insurance is about £130 a year. I bought it when it was eighteen months old and it's just turned over on 59k miles.

The only replacements I have in mind should that time come are another Alfa or a Maser QP.

[V8RX7]

Zippee said:

Merc AMG GTS

Tax - £28
Fuel - £120 (don't do a huge amount of miles)
Servicing - £48 (On a 2 year service plan for £1150)
Insurance - £38

So excluding buying the thing it 'only' costs me at present £234 a month all in. Obviously not including tyres, brakes etc when needed, or depreciation when I come to sell.

So basically it's really cheap until you include all the actual costs...

Man maths at it's finest

[Court_S]

I’m not sure I really want to know, especially when I factor in depreciation.

I added up what I’d spent on it the other day (mods, service pack, insurance etc) and it was a shed load more than I was expecting.

I’ll keep my head in the sand for now!

[bungz]

2010 Mondeo

Monthly Payment: Zero - Nominal depreciation
Insurance: £25
Tax / VED: £18
Fuel - £100
Maintenance - £100 month average
Total: £243 month

[Gad-Westy]

StuntmanMike said:

BMW E60 550i Msport.

Loan 150.
25 insurance.
160 fuel.
28 tax.

363 per month.

Loan isn't necessarily a true cost though unless it's depreciating at the same rate you're paying it so things are probably rosier than that if you just account for interest and true depreciation rather than the actual loan payment. Though, I assume servicing bills might add up....