Quote:
Originally Posted by ACustomer
Rusalka: your costings are seriously wrong in one crucial respect. You estimate motoring costs purely on the basis of fuel (15 kms per litre), i.e. less than 10 cents per km. What about extra depreciation, maintanance, tyre wear, etc etc? There are good estimates of costs per km published in recent editions of the Iriah Times motoring supplement. These work out at a minimum of close to 35 cents per km. So go and do some serious re-calculation or you may be about to make an unwise decision.
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HAHAHAHAHAHA!!! 35 cents per km would be more than the car was worth!!!! Per annum!!! Twice over!!! I certainly take your point, but I don't think that's at all realistic, somehow. Certainly not for our car!
We've driven 25000km in the car so far. That's ~ €8960 depreciation or cost of ownership by your estimation (I read that article, actually, and I think they agreed themselves it was a hard thing to quantify, and certainly not a science), but anyway, the car cost about €7000. CMV of the car is now worth about €5800 - €6000 after just over 2 years driving.
At 35 cents per km, you're looking at over €12,000 per annum in cost of ownership alone, if that article is to be believed. That's a bit mad, in all fairness - sure if that was the case I'd be buying a newer (to me!), better car every year!
Lord help us, maybe that's the cost of owning a feckin' Rolls or something, but my car costs nowhere near that! We've lost about €1000+ in depreciation, put 1 new set of tyres under it, and with minor servicing, NCT, etc., but it still works out at only about 8c/km, plus petrol so far.
No, I do see the point you're trying to make, but I think it depends a lot on the car. I don't buy 17" tyres, for example!