CORSA: £12,068 RUNNING COSTS

[90 B]

I was mundane enough today to work out how much my 2003 Vauxhall Corsa 1.2 Design costs to BUY AND RUN over a 3 year period, covering 43,000 miles.

Here it goes:

2003 Vauxhall Corsa 1.2 16V Design (Over 3 years and covering 43,000 miles)

FUEL: £3,703.00
INSURANCE: £2,380.00
SERVICING: £310.06
TYRES: £352.13
REPAIRS: £701.00
MOT: £382.45
TAX: £390.00
CAR COST: £2,650.00
DEPRECIATION: £1,200.00

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TOTAL: £12,068.00

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That is an AWFUL lot of cheddar.

I was very shocked and thought I'd share.

Prices are not exact, but pretty close.

It has been a really good little car though. And really quite reliable!

[90 B]

Yer it isn't bad.

Im just shocked because I've never got anywhere near £12,068 in my entire life.

Constantly scrapping.

MOT failed last time just after I lost my job.

Final bill came to £292.00.

Ouch. The other 2 it passed first time. When I bought the car, it was SORN.

[90 B]

SprintSpeciale said:

You can't add purchase price and depreciation - that is counting the same thing twice. Depreciation is the figure to include (and any interest costs if you borrowed the purchase price).

That removes a chunk of your costs, so you can feel better now.

Ahhh yes. You are right.

All the " depreciation " is still wound up in the value of the car.

The depreciation has cost me nothing until I sell it.

I great now.

[90 B]

The Spruce goose said:

maths not not strong point?

as you still have an asset at the end you are winning.

English not not strong point?

[90 B]

falkster said:

I never include fuel in my calculations - its going to be an arm and a leg regardless of the car.
I do still think most of your figures are very worst case. Tyres? In 3 years you're going to replace them more then twice for that price? MOT? How do you get to that figure?

I literally took out my MOT bills and wrote down the price.

Last MOT came to £292.00 and I included the repairs under that.

I might not of included all the repairs under " repairs " but everything important is still accounted for.

[90 B]

I love driving. HATE public transport. I dont care how cheap public transport is. ..

I just enjoy driving too much!

[90 B]

I want an Alfa 159 to be honest ... Lol.

So the whole reason I started this was to CONVINCE myself that a Corsa is still expensive to run and the 159 Alfa cant be " that much more " lol

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trashbat said:

ot suggesting you are, but if you're the type to budget everything and then worry about it, don't get the 159. The 156 has nearly bankrupted me partly because I love it so much - drive it more than I need to, have stupid stuff like paintwork done when everyone else would leave it, and so on. See my garage for the full sordid horror.

But it looks fantastic. Lol.

Yer, I get your point. Eye watering read.

I will have one. But I dont want my life to evolve around whether it goes wrong or not.

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Typhon said:

Using some quick mental maths, so feel free to correct me, but it seems you have the most economical Corsa in the world. Are you sure that fuel figure is right? Or do you live in the third world

When I first passed my test the fuel prices were £0.89 for about 6 months.
Then I remember it sticking at about £1.18 ish

Then now its around £1.41.

And I did less miles in my first 2 years.

So less miles and not such expensive fuel is the difference.

[90 B]

I secretly want a Ferrari Enzo owner to come along and state his running costs. Make us all feel better

[90 B]

Zoobeef said:

Dont worry, my vectra costs are well and truely balenced out by my noble

Wow.

How much does that cost to run?

How much more than the Ventra?

Lol

[90 B]

What do you expect with an S3 at 18?

You should get a less powerful, more appealing to the insurance companies car and get your insurance down as much as you can.

Hit 21, BOOM!!! Paying 30% of the insurance your paying now!

[90 B]

90 B said:

What do you expect with an S3 at 18?

You should get a less powerful, more appealing to the insurance companies car and get your insurance down as much as you can.

Hit 21, BOOM!!! Paying 50% of the insurance your paying now!

[90 B]

falkster said:

ML55
Fuel. = £1556 for 5k
Tax = £260
MOT = £40
Service = £150
Ins. = £560
Repairs = £97.10

52p per mile!!

How much do you spend on fuel a week?

[90 B]

Motoring is just bloody expensive.

Im looking at just over £850.00 for a 3.2 159.

Not bad in my opinion.

[90 B]

Don't put the idea into my head. Please!

The amount of money would be awful.

I wonder if someone is reading my " groan " and thinking ....

That's nothing compared to my SL55 AMG or something lol