hawk20
MB Enthusiast
A year ago I posted the costs of an A class over 3 years.
http://mbclub.co.uk/forums/showthread.php?t=52249
Below are the figures updated for 4 years of ownership. They may be of interest to those interested in running a new car and in having pretty low running costs. The figures are derived from my brother’s A160cdi Classic SE 3 door manual. I have converted all costs to today’s prices including fuel.
In 40,000 miles he has had three services done by the MB dealer. The first two cost an average of £230 (the second one included the two year brake fluid change – for around £45). The third one at 36k miles was a bigger one (as the car was nearing four years old) and cost £360 inc vat and included new wiper blades front and rear and new key batteries. The car was washed and valeted, and the dealer provides free collection and delivery or a loan car.
The car has had two MOT tests –the first at three years was free. The second one at four years, with a 25% discount, cost £39.80p. No problems.
My brother did 30k miles on the original set of Michelin tyres. A new set cost £59 each from Micheldever or 0.79 pence per mile. He is still on the original pads and discs and the mechanic says there is still plenty left.
VED today for CO2 emissions of only128 gms/km is £120 p.a. or 1.2 pence per mile (and will drop to £90 in 2012).
Fuel (diesel at today’s price of 101.9p per mile) is a big item despite the govt combined fuel economy figure being 57.6 mpg. In fact my brother has averaged a remarkable figure of just over 60 mpg but at today’s prices that is still 7.73p pence per mile.
So total running costs for 40,000 miles and 4 years at current prices are:-
Tyres:- (4 @ £59) = £236
Services:- (2 @£230 and 1 at £360) = £820
MOT’s:- one free and one at £40
Insurance:- (4yrs @ £260) = £1040
VED: - (4yrs ‘ £120) = £480
Fuel: - (667 gals @ £4.64p/gallon) = £3,091
Allowing for the fact that tyres need changing every 30k miles and that the servicing bills are for 36k miles, so taking pro rata costs per mile, and converting to pence per mile for 10k miles p.a. we get: -
Tyres = 0.79p
Services= 2.28p
And MOTs = 0.1 from new (but 0.4p per year from now on).
Insurance = 2.60
VED = 1.15p
Fuel = 9.55p
Total Running costs = 16.47p per mile.
DEPRECIATION: - New list price is around £15k but DrivetheDeal and some dealers will do it for £13,811. Let’s take £14k. After 4 years and 40,000 miles, my brother has just been offered a bit over £5,000 as a part ex price (Glass’s Guide gives £4950 in excellent condition). So depreciation totals about £9k in four years or £2,250 per annum. The residuals are pretty good by today’s standards, if you buy diesel and stay away from the toy cupboard.
My brother has decided to keep the car another year or two as it has been fault free so far. But, if he did part-ex now, the depreciation at around £2,250 per year would, on his lowish mileage of 10k per annum, be equal to 22.25p per mile –easily the biggest of all costs, as is normal when buying new cars.
Total costs including depreciation work out at 39p pence per mile. Pretty good for anyone buying new and keeping for four years and doing only 10k miles per year. Here are the bits: -
Tyres = 0.79p
Services= 2.28p
And MOTs = 0.1 from new (but 0.4p per year from now on).
Insurance = 2.60
VED = 1.15p
Fuel = 9.55p
TOTAL RUNNING COSTS = 16.47p per mile.
DEPRECIATION = 22.25p per mile
TOTAL COST PER MILE = 39p
(Excluding cost of capital/financing etc.)
http://mbclub.co.uk/forums/showthread.php?t=52249
Below are the figures updated for 4 years of ownership. They may be of interest to those interested in running a new car and in having pretty low running costs. The figures are derived from my brother’s A160cdi Classic SE 3 door manual. I have converted all costs to today’s prices including fuel.
In 40,000 miles he has had three services done by the MB dealer. The first two cost an average of £230 (the second one included the two year brake fluid change – for around £45). The third one at 36k miles was a bigger one (as the car was nearing four years old) and cost £360 inc vat and included new wiper blades front and rear and new key batteries. The car was washed and valeted, and the dealer provides free collection and delivery or a loan car.
The car has had two MOT tests –the first at three years was free. The second one at four years, with a 25% discount, cost £39.80p. No problems.
My brother did 30k miles on the original set of Michelin tyres. A new set cost £59 each from Micheldever or 0.79 pence per mile. He is still on the original pads and discs and the mechanic says there is still plenty left.
VED today for CO2 emissions of only128 gms/km is £120 p.a. or 1.2 pence per mile (and will drop to £90 in 2012).
Fuel (diesel at today’s price of 101.9p per mile) is a big item despite the govt combined fuel economy figure being 57.6 mpg. In fact my brother has averaged a remarkable figure of just over 60 mpg but at today’s prices that is still 7.73p pence per mile.
So total running costs for 40,000 miles and 4 years at current prices are:-
Tyres:- (4 @ £59) = £236
Services:- (2 @£230 and 1 at £360) = £820
MOT’s:- one free and one at £40
Insurance:- (4yrs @ £260) = £1040
VED: - (4yrs ‘ £120) = £480
Fuel: - (667 gals @ £4.64p/gallon) = £3,091
Allowing for the fact that tyres need changing every 30k miles and that the servicing bills are for 36k miles, so taking pro rata costs per mile, and converting to pence per mile for 10k miles p.a. we get: -
Tyres = 0.79p
Services= 2.28p
And MOTs = 0.1 from new (but 0.4p per year from now on).
Insurance = 2.60
VED = 1.15p
Fuel = 9.55p
Total Running costs = 16.47p per mile.
DEPRECIATION: - New list price is around £15k but DrivetheDeal and some dealers will do it for £13,811. Let’s take £14k. After 4 years and 40,000 miles, my brother has just been offered a bit over £5,000 as a part ex price (Glass’s Guide gives £4950 in excellent condition). So depreciation totals about £9k in four years or £2,250 per annum. The residuals are pretty good by today’s standards, if you buy diesel and stay away from the toy cupboard.
My brother has decided to keep the car another year or two as it has been fault free so far. But, if he did part-ex now, the depreciation at around £2,250 per year would, on his lowish mileage of 10k per annum, be equal to 22.25p per mile –easily the biggest of all costs, as is normal when buying new cars.
Total costs including depreciation work out at 39p pence per mile. Pretty good for anyone buying new and keeping for four years and doing only 10k miles per year. Here are the bits: -
Tyres = 0.79p
Services= 2.28p
And MOTs = 0.1 from new (but 0.4p per year from now on).
Insurance = 2.60
VED = 1.15p
Fuel = 9.55p
TOTAL RUNNING COSTS = 16.47p per mile.
DEPRECIATION = 22.25p per mile
TOTAL COST PER MILE = 39p
(Excluding cost of capital/financing etc.)
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