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General >> Off Topic Subjects >> running costs
(Message started by: NormanHall on May 25th, 2010, 4:16pm)

Title: running costs
Post by NormanHall on May 25th, 2010, 4:16pm
For those that may be interested I have assembled the full year costs for my 2.9 - 12v
Purchase price £500, current value £500, depreciation Nil.
Miles start 67300, miles finish 88600, total miles 21300
fuel 3911 litres cost £4,200, av cost £1.08 ppl
858 galls which gives 24.8 mpg overall
Mot £20, rocker cover gaskets £10, 2 oil filter changes £40,2 sets front brake discs £54, 3 tyres £90, New F Hub bearing £35, New battery and alternator £150. Total maint cost £399. Tax £190
Insurance £230.

Title: Re: running costs
Post by Highlander on May 25th, 2010, 7:30pm
Credit free motoring! ;D


Title: Re: running costs
Post by Mike H on May 26th, 2010, 6:09pm
I make that £5,519

Ack-cherley, 25 mpg ain't that shabby TBH.

Considering in the days of yore my BMW 320 could only do that on a motorway cruising at 95, otherwise 17 mpg (less in Winter!)



Title: Re: running costs
Post by Tons_of_fun on May 27th, 2010, 7:33pm
I dont even want to think what mine costs to run. TBH it has needed very little aside from service items & a radiator. The amount of fuel i have used though has probably exceeded the cars value 10 fold !!! Wouldnt have it any other way though :-)

Title: Re: running costs
Post by tlundkvi on May 28th, 2010, 7:32am
One of the lousiest motivations for buying a new car over a 10 year old was "for the same money you spend monthly on maintenance of such a car, you could just as well pay the down payment on a new car and have no worries".

Title: Re: running costs
Post by Highlander on May 28th, 2010, 10:25pm

on 05/28/10 at 07:32:48, tlundkvi wrote:
One of the lousiest motivations for buying a new car over a 10 year old was "for the same money you spend monthly on maintenance of such a car, you could just as well pay the down payment on a new car and have no worries".



Don't you just love driving past the nearly new BMW's and Audis in your Scorpio just as they are being winched onto the recovery truck ;D

Title: Re: running costs
Post by Baz on May 29th, 2010, 10:42pm
oooo careful.... sore point that Stuart!!
http://i4.photobucket.com/albums/y147/Bazunitec/DSCF0739Small-1.jpg
http://i4.photobucket.com/albums/y147/Bazunitec/DSCF0743Small-1.jpg


Title: Re: running costs
Post by Mike H on May 30th, 2010, 1:34pm
Twice?

Title: Re: running costs
Post by faffi on May 30th, 2010, 8:05pm
A mate of mine just leased a new Citroën C4 Picasso with a 110hp diesel and a semi-automatic transmission. List price here NOK 373,000 (close to £40,000 thanks to our "generous" tax system). Estimated value after 3 years: NOK 212,000. That's NOK 161,000 for the 3 years.

He is unlikely to need any repairs during that time since the car will be under warranty. Also, fuel consumption will be quite low, probably about 50 mpgUK. Ordinary maintenance, what with the long intervals on new cars, will run about half that of an older car.

Still, in his lease he will not only pay for depreciation, but also interests. So if you look at the overall cost, for a normal amount of 12,000 miles annually and even accounting for a substantial amount of repairs, running a Scorpio Cosworth would still be cheaper than the Picasso.

To top it off, it would be fun miles whereas the Picasso can only offer transportation.

It's a pretty clear cut case, I reckon ;)

Title: Re: running costs
Post by Mike H on May 31st, 2010, 12:14pm
Yep  ;D



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