Car Costs

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flyerdave
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Car Costs

Post by flyerdave »

Some of you may be interested in this.

I run a local community website and have done a spreadsheet to do with the costs of running a vehicle.

http://www.chandlersford.org.uk/car-costs.html

You can download it and apply your own infomation to find out the true cost per mile.

WARNING! Some of you may decide to throw the car away and walk when you discover just how much the real cost is per mile. :shock: :cry:
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teamster1975
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Re: Car Costs

Post by teamster1975 »

Good job there Dave! I'm scared to put the figures in for my car! :supafrisk:
1996 406 1.8LX Got a bad case of hydro lock!
1996 406 Executive 2.0 Turbo XU10J2TE No longer hangin' on in there :(
1997 Honda CB500V
2003 Volvo V40 1.8 GDi SE killed by a nutter in a beemer 5 series
2008 Mondeo 2.0 TDCi Titanium X

"Always look on the bright side of life, dedo, dedo dedodedo"
flyerdave
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Re: Car Costs

Post by flyerdave »

When I first worked it all out and discovered the amount of tax i was nearly knocked sideways.

An accountant once tried to tell me I was wrong but I asked him to let me have the corrections but never heard back from him. I have worked with figures most of my working life and am confident that they are correct.
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rwb
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Re: Car Costs

Post by rwb »

I get 22p per mile.

I'm not sure that including income tax and national insurance is sensible because its not a cost associated with the car: I still (resentfully) have to pay it even if I don't spend what's left on the car.

Current: 407 2.2 HDi 170 & C6 2.7 HDi.
Former: 406 1.9 TD; 406 HDi 90; 407 2.2 160; 307cc 180; 508 HDi 140.
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flyerdave
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Re: Car Costs

Post by flyerdave »

I'm not sure that including income tax and national insurance is sensible because its not a cost associated with the car: I still (resentfully) have to pay it even if I don't spend what's left on the car.
There is another way to look at it though. I originally set it up to work out the true cost of commuting to work and what % of salary it would be, as the money spent on the car is affer you have paid tax and NI and you are paying further tax on what you have left, up to about 83% in total. (infact you pay tax on tax plus VAT) Sometimes it is better to take a lower paid local job as the cost of getting to a better one means less money in your pocket for other things.

22p per mile is a great rate - are you sure that you have included all the costs and altered everything?
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jasper5
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Re: Car Costs

Post by jasper5 »

I have quite a few elderly customers with low mileage, hardly used cars, some of them less than 1000 miles per year.I often wonder if they would be better off using taxis instead of having the expense of running a car.
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Welly
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Re: Car Costs

Post by Welly »

65p per mile :shock:

My work is 11 miles away so 22 miles @ 0.65p = £14.30 per DAY :shock:

*looks up 50cc Scooters*
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turbolag
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Re: Car Costs

Post by turbolag »

I'd rather live in ignorance...
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Captain Jack
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Re: Car Costs

Post by Captain Jack »

23p per mile - but I don't pay for fuel :supafrisk:
2003 - 2008: 1998 Peugeot 406 2.1 TD 110bhp LX Saloon
2008 - 2009: 2004 Honda Accord 2.2 CDTI 136bhp Executive Saloon
2009 - 2013: 2002 Peugeot 406 2.0 HDI 110bhp Executive Saloon
2013 - 2021: 2007 Peugeot 407 2.2 HDI 170bhp Executive Saloon (mapped to 213bhp :twisted:)
2021 - ????: 2016 Ford Mondeo 2.0 TDCi 180bhp Titanium
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mjb
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Re: Car Costs

Post by mjb »

16p per mile... win 8)
<steve_earwig> I think this forum is more about keeping our cars going with minimal outlay than giving our cars more reason to go bang
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Captain Jack
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Re: Car Costs

Post by Captain Jack »

Is that for the Glof?
2003 - 2008: 1998 Peugeot 406 2.1 TD 110bhp LX Saloon
2008 - 2009: 2004 Honda Accord 2.2 CDTI 136bhp Executive Saloon
2009 - 2013: 2002 Peugeot 406 2.0 HDI 110bhp Executive Saloon
2013 - 2021: 2007 Peugeot 407 2.2 HDI 170bhp Executive Saloon (mapped to 213bhp :twisted:)
2021 - ????: 2016 Ford Mondeo 2.0 TDCi 180bhp Titanium
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mjb
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Re: Car Costs

Post by mjb »

Captain Jack wrote:Is that for the Glof?
Nah, the Golf comes out at 35p/mile because it rarely sees anything but short journeys over very hilly urban ground, but it's still vastly cheaper than doing those trips in the coupé, which literally uses over 3x the fuel :shock: Heavy car, cold engine, ECU dumping unburnt fuel to warm up the cat, etc

My coupé spends 95% of its time and 99% of its miles cruising at more than 50mpg on clear motorways (either European, or UK at night), and the other 5%/1% being cained to within an inch of its life at about 10mpg average :twisted: so I entered a conservative 40mpg for it
<steve_earwig> I think this forum is more about keeping our cars going with minimal outlay than giving our cars more reason to go bang
turbolag
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Re: Car Costs

Post by turbolag »

My 407 rates at 43p a mile, but then I should leave out some of the variables (such as depreciation) as I don't intend to sell it.

The other issue is that the more you use it, the lower the cost per mile, but then as the miles rack up (or indeed, if they are unusually low) then the cost of accelerated wear or the higher risk of breakdown need accounting for. A good little guide though.

It's a shame it doesn't account for other factors - my 407s unerring reliability has doubtless saved me £££s over the years and, more importantly, leaves me with peace of mind, which is priceless.
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Captain Jack
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Re: Car Costs

Post by Captain Jack »

turbolag wrote:It's a shame it doesn't account for other factors - my 407s unerring reliability has doubtless saved me £££s over the years and, more importantly, leaves me with peace of mind, which is priceless.
Which variation of the 407 do you have?
2003 - 2008: 1998 Peugeot 406 2.1 TD 110bhp LX Saloon
2008 - 2009: 2004 Honda Accord 2.2 CDTI 136bhp Executive Saloon
2009 - 2013: 2002 Peugeot 406 2.0 HDI 110bhp Executive Saloon
2013 - 2021: 2007 Peugeot 407 2.2 HDI 170bhp Executive Saloon (mapped to 213bhp :twisted:)
2021 - ????: 2016 Ford Mondeo 2.0 TDCi 180bhp Titanium
turbolag
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Re: Car Costs

Post by turbolag »

2.2 petrol SE Lux 6 speed, with a sneaky 191BHP remap.
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