How much does a Cerbera really cost...
Discussion
For all those budding Cerbera owners...and those who have any interest.
I have just sold my Sep 96 4.2, before it went I did a tally of all the service costs of the car, I then averaged out mpg, petrol costs, insurance and tax.
Since it was new in 1996 and including the initial purchase price it has cost..
£92,982.53
Some of the figures I used are probably a bit low so the actual figure is probably a little more than that.
The running costs for each owner are also interesting. Before I bought it the car was owned from new by a friend, his costs were £1.79 per mile (inc depreciation). He did 32,000 miles in 6 years.
Mine were £.057 per mile (inc depreciation), I did 20,000 in two years.
The only major work the car has ever needed was a new sump which I seem to remember HH charging a small fortune for, this was during the previous owners time with the car. During the two years I have had it I have shoved Nitrons and new wheels on it, had a new rad and windscreen wiper motor but that is about it.
So there you go, that is how much it costs to run a good Cerbera, I wonder what the figures are for a not so good one...
D
I have just sold my Sep 96 4.2, before it went I did a tally of all the service costs of the car, I then averaged out mpg, petrol costs, insurance and tax.
Since it was new in 1996 and including the initial purchase price it has cost..
£92,982.53
Some of the figures I used are probably a bit low so the actual figure is probably a little more than that.
The running costs for each owner are also interesting. Before I bought it the car was owned from new by a friend, his costs were £1.79 per mile (inc depreciation). He did 32,000 miles in 6 years.
Mine were £.057 per mile (inc depreciation), I did 20,000 in two years.
The only major work the car has ever needed was a new sump which I seem to remember HH charging a small fortune for, this was during the previous owners time with the car. During the two years I have had it I have shoved Nitrons and new wheels on it, had a new rad and windscreen wiper motor but that is about it.
So there you go, that is how much it costs to run a good Cerbera, I wonder what the figures are for a not so good one...
D
Julian64 said:
Err, I think your figures are a bit skew there.
If you multiply your p/per mile by your mileage it doesn't seem to add up.
My accountant does my car running costs, running costs last year were £3.5K on fuel and £3.5K on repairs evenly balanced.
I think i might agree with you, but it's a bit early to try and work it out. If the original ppm figures include depreciation, then should you add on the orginal cost?
Julian64 said:
Err, I think your figures are a bit skew there.
If you multiply your p/per mile by your mileage it doesn't seem to add up.
My accountant does my car running costs, running costs last year were £3.5K on fuel and £3.5K on repairs evenly balanced.
The reason it does not add up is because they include depreciation.
It does add up honest
D
) 
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davidd said:
davidd said:
Mine were £.057 per mile (inc depreciation), I did 20,000 in two years.
D
Less than 6 pence per mile, that was good
See I always said it was cheap to run..
The 6p per mile HAS to be at least 60p per mile (decimal point simply in the wrong place maybe ?). Petrol at say roughly £4 per gallon, 20 mpg "ish" = 20p p m on petrol alone, before oil, insurance, maintenance, repairs, depreciation etc.
6p p m ? - impossible. Unless you run the car in UAE or similar & your best mate/dad/mum/wife/son etc is an insurance broker & your other best mate/dad/mum/wife/son etc works in the parts dept at TVR.
One other point. You may need new batteries in your calculator.
55jnj said:
RUSSELLM said:
davidd said:
Mine were £.057 per mile (inc depreciation), I did 20,000 in two years.
D
Less than 6 pence per mile, that was good
See I always said it was cheap to run..
The 6p per mile HAS to be at least 60p per mile (decimal point simply in the wrong place maybe ?). Petrol at say roughly £4 per gallon, 20 mpg "ish" = 20p p m on petrol alone, before oil, insurance, maintenance, repairs, depreciation etc.
6p p m ? - impossible. Unless you run the car in UAE or similar & your best mate/dad/mum/wife/son etc is an insurance broker & your other best mate/dad/mum/wife/son etc works in the parts dept at TVR.
One other point. You may need new batteries in your calculator.
It was 57pence per mile, inc fuel, oil, servicing, upgrades, tax etc, etc
D
GatesofHell, I'm self-employed and manage to claim back for the car as you would with a normal motor. What do you do for a living? I work in property investment and therefore can claim that the car is partly for marketing purposes - as clients get to see it - as well as travel to and from meetings at sites etc. As long as you don't take the piss - eg claim 100% of fuel, bills, insurance etc, then you should be ok.
Anything that is biz related, such as parking, petrol for meetings etc, as long as you have a corresponding entry in your diary and (really geeky I know) keep a mileage log then you may be able to claim more.
If you are a limited company owner then email me directly and I will let you know a loophole through which you may be able to buy your next car half price!
Anything that is biz related, such as parking, petrol for meetings etc, as long as you have a corresponding entry in your diary and (really geeky I know) keep a mileage log then you may be able to claim more.
If you are a limited company owner then email me directly and I will let you know a loophole through which you may be able to buy your next car half price!
Gatesof Hell said:
Guys,
Newbie about to buy a Cerb or Chim.
One question - I am self employed can I offset the running costs of a TVR in the same way as any other car or do the Revenue take a dim view of this as it is obviously not a requirement that I run a car like this?
ask your accountant if you have one, mine recently told me to just give him a total of my buisness milage no need for recipts or anything else, just said dont go silly and the tax man doesent ask any questions.
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