hawk20
MB Enthusiast
Those interested in both running a new car and in having pretty low running costs, may be interested in figures derived from my brother’s A160cdi Classic SE 3 door manual. I have converted all costs to today’s prices including fuel.
In 30,000 miles he has had two services done by the MB dealer, which cost a total of £460 or 1.5 pence per mile.
He did 30k miles on the original set of tyres. A new set cost £59 each from Micheldever or 0.8 pence per mile. He is still on the original pads and discs and the mechanic says there is plenty left.
VED today for CO2 emissions of only128 gms/km is £115 p.a. or 1.15 pence per mile.
Fuel (diesel at today’s price of 125.9p 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 9.55 pence per mile.
So total running costs for 30,000 miles over 3 years at current prices are: -
Tyres (4 @ £59) = £236
Services (2 @£230) = £460
Insurance (3yrs @ £260) = £780
VED (3yrs ‘ £115) = £345
Fuel (500 gals @ £5.73p/gallon) =£2,864
Converting to pence per mile we get for 10k miles p.a.: -
Tyres = 0.79p
Services = 1.53p
Insurance = 2.60
VED = 1.15p
Fuel = 9.55p
Total Running costs = 15.62p per mile.
DEPRECIATION: - New list price is around £15k but DrivetheDeal and some dealers will do it for £13,811. After 3 years and 30,000 miles, my brother has just been offered £7,250 as a part ex price (in line with Glass’s Guide). That is a tad over 52% of the new price which is pretty good going nowadays. The residuals are good 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 completely fault free so far. But if he did part-ex now the depreciation would be around £2,200 per year, which on his lowish mileage of 10k per year would be 21.87p per mile –easily the biggest of all costs, as is normal when buying new cars.
Total costs including depreciation work out at 37.5 pence per mile. Pretty good for anyone buying new and keeping for three years and doing only 10k miles per year.
In 30,000 miles he has had two services done by the MB dealer, which cost a total of £460 or 1.5 pence per mile.
He did 30k miles on the original set of tyres. A new set cost £59 each from Micheldever or 0.8 pence per mile. He is still on the original pads and discs and the mechanic says there is plenty left.
VED today for CO2 emissions of only128 gms/km is £115 p.a. or 1.15 pence per mile.
Fuel (diesel at today’s price of 125.9p 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 9.55 pence per mile.
So total running costs for 30,000 miles over 3 years at current prices are: -
Tyres (4 @ £59) = £236
Services (2 @£230) = £460
Insurance (3yrs @ £260) = £780
VED (3yrs ‘ £115) = £345
Fuel (500 gals @ £5.73p/gallon) =£2,864
Converting to pence per mile we get for 10k miles p.a.: -
Tyres = 0.79p
Services = 1.53p
Insurance = 2.60
VED = 1.15p
Fuel = 9.55p
Total Running costs = 15.62p per mile.
DEPRECIATION: - New list price is around £15k but DrivetheDeal and some dealers will do it for £13,811. After 3 years and 30,000 miles, my brother has just been offered £7,250 as a part ex price (in line with Glass’s Guide). That is a tad over 52% of the new price which is pretty good going nowadays. The residuals are good 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 completely fault free so far. But if he did part-ex now the depreciation would be around £2,200 per year, which on his lowish mileage of 10k per year would be 21.87p per mile –easily the biggest of all costs, as is normal when buying new cars.
Total costs including depreciation work out at 37.5 pence per mile. Pretty good for anyone buying new and keeping for three years and doing only 10k miles per year.