Calculation for pence per mile

[skinner05]

Its saturday night and i cant be bothered to think, so im asking others what the calculation is to work out how much pence per mile your car is costing

[Deva Link]

Divide its total cost by the number of miles its done.

[Slagathore]

http://www.google.co.uk/search?hl=en&q=mpg+cal...

Just Googled it, there are loads there.

Not sure which particular one you will need, though.

[skinner05]

Deva Link said:

Divide its total cost by the number of miles its done.

I thought so but i wasnt sure because mine was so low compared to what im being paid pence per mile in my job. They are giving me 3x what its costing me

[spikeyhead]

skinner05 said:

Deva Link said:

Divide its total cost by the number of miles its done.

I thought so but i wasnt sure because mine was so low compared to what im being paid pence per mile in my job. They are giving me 3x what its costing me

Now include depreciation, insurance, servicing, tyres, repairs. ...

[Deva Link]

skinner05 said:

Deva Link said:

Divide its total cost by the number of miles its done.

I thought so but i wasnt sure because mine was so low compared to what im being paid pence per mile in my job. They are giving me 3x what its costing me

Bet they're not. Have you factored in depreciation, and the payments you're making (or the loss of interest on the value of the car if you stuck the money in the bank)?

[Alfa_75_Steve]

skinner05 said:

Deva Link said:

Divide its total cost by the number of miles its done.

I thought so but i wasnt sure because mine was so low compared to what im being paid pence per mile in my job. They are giving me 3x what its costing me

With or without a car allowance?

If it's without, then the excess is to pay for your maintenance costs.

If it's with, then consider yourself very lucky.