A comparison of running costs, £/day and £/mile
Discussion
The 944 vs 928 thread has got me thinking about the true running costs of various cars. So I'm interested to know what your cars cost you. (I'm still trying to pursuade my wife that an old Porsche would be cheaper than her car 
)
Her 2003 Golf 1.6 bought at 18 months old from a dealer.
Annual mileage is only 6K, we'll keep it until it dies, mainly indy servicing.
It's costing us a total of £8.25/day for 16.5 miles or 50p/mile.
If you exclude petrol & insurance, that's £4/day or 25p/mile.
The calculations are below. What's your car, and what does it cost you?
Insurance is very 'individual' and petrol depends on mileage, so it's interesting to calculate the numbers with or without. But include tax, tyres, servicing and depreciation.
2003 Golf 1.6, 6K miles/year, bought in 2005, £250 tax, £350 servicing, £75 tyres, £800 depreciation, almost all work done by an independant (I'm capable but don't have the time) = £1475/year, or £4/day, or 25p/mile plus petrol and insurance. Or £8.25/day for 16.5 miles @ 50p/mile including petrol and insurance.
)Her 2003 Golf 1.6 bought at 18 months old from a dealer.
Annual mileage is only 6K, we'll keep it until it dies, mainly indy servicing.
It's costing us a total of £8.25/day for 16.5 miles or 50p/mile.
If you exclude petrol & insurance, that's £4/day or 25p/mile.
The calculations are below. What's your car, and what does it cost you?
Insurance is very 'individual' and petrol depends on mileage, so it's interesting to calculate the numbers with or without. But include tax, tyres, servicing and depreciation.
2003 Golf 1.6, 6K miles/year, bought in 2005, £250 tax, £350 servicing, £75 tyres, £800 depreciation, almost all work done by an independant (I'm capable but don't have the time) = £1475/year, or £4/day, or 25p/mile plus petrol and insurance. Or £8.25/day for 16.5 miles @ 50p/mile including petrol and insurance.
Ozzie Osmond said:
Buy a new set of tyres and your figures will jump a bit!
Just bought 3 tyres, it's the first time she's needed new tyres in the 8 years we've owned the car, she only does 6K miles/year. I did spend £160 on 4 VW rims with brand new Pirelli winter tyres from eBay a few years ago. So £75/year over 10-12 years is probably too high.Haven't you found a calculator yet, what are your numbers?
-Pete- said:
ust bought 3 tyres, it's the first time she's needed new tyres in the 8 years we've owned the car, she only does 6K miles/year. I did spend £160 on 4 VW rims with brand new Pirelli winter tyres from eBay a few years ago. So £75/year over 10-12 years is probably too high.
Haven't you found a calculator yet, what are your numbers?
Personally I wouldn't keep tyres on a car beyond 5 years. The rubber perishes with time sunlight and weathering. Haven't you found a calculator yet, what are your numbers?
Welshbeef said:
Personally I wouldn't keep tyres on a car beyond 5 years. The rubber perishes with time sunlight and weathering.
Thanks, good advice and I agree, but my wife didn't want to spend more than necessary. FyiMichelin said:
As well as regular tyre inspections and maintenance, drivers should:
Have tyres that have been in use for five years or more inspected by a specialist at least annually.
Follow the vehicle manufacturer's tyre replacement recommendation.
Replace tyres still in service ten years or more from the date of manufacture with new tyres, even if they appear serviceable and even if they have not reached the legal wear limit.
So anyway, what are your numbers?Have tyres that have been in use for five years or more inspected by a specialist at least annually.
Follow the vehicle manufacturer's tyre replacement recommendation.
Replace tyres still in service ten years or more from the date of manufacture with new tyres, even if they appear serviceable and even if they have not reached the legal wear limit.
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