Owning/running two cars - good or bad idea?

Owning/running two cars - good or bad idea?

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Discussion

Bad Sir Culation

Original Poster:

4,600 posts

194 months

Friday 22nd July 2011
quotequote all
Hi folks. I have been trying to figure out how to make life a bit cheaper recently, and was all set to sell my MR2 Turbo but as reality has set in I've realised I honestly don't want to let it go. A lot of hard work and money have gone into it. To sell it now would be a complete kick in the balls. I've mentioned wanting a V8 in 12 months' time and that's still the case, but for now, the MR2 needs to stay and be enjoyed a lot more.

So..... that still leaves me in the same boat with being skint at the moment and struggling with the running costs. If I keep the car, I think I need a daily driver to use for work. I don't do huge miles, but I also don't earn that much either, so the miles that I do do need to be cheaper.

I'm insured with Adrian Flux currently, and am wondering whether I would be able to add a daily driver to my policy and reduce use of the MR2, for relatively little money. Unfortuantely they are terrible at responding to emails (even sending me one yesterday with a letter template on it that hadn't actually had anything written to me on it) and I haven't the time to be continually phoning them up and being put on hold.

A mate I tried to explain this to just pretty much puts his hands over his ears and shouts NA NA NA NA, giving me a reponse along the lines of "It's two cars, it's automatically more expensive!! You're mad!!", yet I calculate I could save £100 a month by running a second car. That's a lot for me currently. One month's savings would more than cover tax for 6 months. If I buy a second car, however, with insurance, tax and purchase price, it means at least 6 months before it starts to pay for itself. Of course if it lasts more than a year, it'll be a good investment. If it doesn't, then it'll have been more expensive in the long run. The car will be pretty much run intot he ground and have the cheapest sttiest tyres when they need replacing, and no garage servicing. It'll be run until it dies.

I just can't decide what to do for the best.

Bad Sir Culation

Original Poster:

4,600 posts

194 months

Friday 22nd July 2011
quotequote all
Cheers folks. And what would the advice be regarding buying a small engined petrol motor vs a diesel? Sort of thing I'm looking at would be a MK3 Astra 1.7 TDS or a MK4 Fiesta 1.25 Zetec, that sort of thing. Astra is a bit bigger/more practical.

Bad Sir Culation

Original Poster:

4,600 posts

194 months

Friday 22nd July 2011
quotequote all
Well in all honesty, if we go on any long trips it is always in my car. Other half has a Punto 1.2 which sucks for anything long distance TBH. We do like to go on trips to London a couple of times a year, from Leeds, and we go all sorts of other places.

I think diesel > small petrol. Just concerned that a 500 quid effort might not make it to London biggrin

Bad Sir Culation

Original Poster:

4,600 posts

194 months

Saturday 23rd July 2011
quotequote all
What's funny is how, if I speak to anyone who isn't really a car person, they just can't accept how it can actually be cheaper running two cars. A mate of mine won't even discuss it as he's adamant it's crazy.

Yet come on here and speak to like minded people and you get a more considered response smile

Bad Sir Culation

Original Poster:

4,600 posts

194 months

Saturday 23rd July 2011
quotequote all
I think one of the best things I could do would be to put the MR2 away over the winter, and just tax it for 6 months every spring.