The cost of a car

[petermansell]

I purchased my car on July 26th 2003 and since then have spent £23150 on keeping it on the road EXCLUDING petrol, car tax and insurance!

Do any of you keep a running total? If you do please share

 

[BlackC55]

All of those rear tyres!

 

[Sonny Burnett]

All of those rear tyres!

lol.. thats one way of keeping costs down buying some 225/45s lol

black c55 do you have a gallery id love to see your car

 

[A210AMG]

That does sound quite a lot around 4K a year

Better not factor in depreciation then......

I just fix it when it needs fixing and fill it when it needs filling, best not to worry.

I guess if you wanted cheap motoring you wouldn't have a Merc and certainly not an AMG model?

 

[stevesey]

£23K over 6 years the equivalent figure for mine works out at £1.1k a year. Even for a 55 that seems a bit high.

Purchased Sept 07.
Cost £3995
Depreciation £2100
Servicing, parts + mods £2044.58
Petrol £5930.54
Tax + Insurance £930
Miles 39K
Pence per mile 28.3 (inc tax, ins, depreciation etc)

 

[A210AMG]

That 23K doesn't include depreciation if it did then its double that at least.

 

[Dryce]

I purchased my car on July 26th 2003 and since then have spent £23150 on keeping it on the road EXCLUDING petrol, car tax and insurance!

Do any of you keep a running total? If you do please share

Excluding MOTs.

R170 since March 2005/40000 miles. £1620

W211 since May 2006/32000 miles. £1810
​

 

[BlackC55]

I have only lost money on two cars. I haved owned about 20 or so too.

 

[crockers]

I have only lost money on two cars. I haved owned about 20 or so too.

But have you added your labour charges to the work you do to your cars???

 

[petermansell]

Okay so this does include changing wheels three times, fitting a LSD and anti-roll bars (and as Olly says lots of tyres - in fact its had 10 sets of rear tyres in its life )

But boy - I drove home from Horndean yesterday morning all through the country lanes to Bromley and the car was worth every single penny

 

[lynall]

Excluding insurance and road tax, but including everything else and i mean everything

Mine e430 £1370 last 13 months
Lisas C320 £1000 last 12 months

Thats tyres oils, filters, tyres 4 wheel alignment check even includes bulbs sad i know.



Lynall

 

[st4]

But boy - I drove home from Horndean yesterday morning all through the country lanes to Bromley and the car was worth every single penny

Well thats the main thing. If your £23k has given you pleasure and you can afford it, then it can only be a good thing.

Mine costs £50pw on fuel and £600pa on car Ins. Services in total (3 of them) £1400, no repairs and replacement tyres (yet). Depreciation about £10k over 15 months and 25k miles. Adding in HP payments I can trump your £23k over 6 years with £21210 in 15 months. (take off depreciation and its cost £12210 in actual money out my wages). Still worth it, just

 

[JumboBeef]

I purchased my car on July 26th 2003 and since then have spent £23150 on keeping it on the road EXCLUDING petrol, car tax and insurance!

Excluding petrol, tax and insurance, my two cars (W124 estate (and a Defender 110 V8 before that) and Disco V8) cost me less than £500 per year to run both vehicles. Both cars were also bought for cash.

Whilst I can see the appeal of a new car, the amount of money it takes (wastes?) to buy/run one just seems bonkers to me (IMHO)

 

[Adam230K]

I bought my car in august 2007, and i've spent £3842 in total excluding petrol

Brabus alloys with brand new tyres cost me 1k
brake discs, full exhaust and the remap cost me another 1k
sound system + head unit plus some other interior mods (and tints) cost me 400

The other 1.4k is what i've spent on servicing and replacing parts that went.

So not a bad investment imho! considering if i didnt mod it, it would've only cost me 1.4k to keep it running til now, but i have managed to fit in most parts with very reduced labour cost cuz i do most of it myself (and with a friend, bless him!), and i have wonderful people like Olly to help me out when i need it (bless him too) .

 

[BaldGuy]

I didnt buy my car to keep a tally of costs.... One life live it!!

 

[stevesey]

Excluding insurance and road tax, but including everything else and i mean everything

Mine e430 £1370 last 13 months
Lisas C320 £1000 last 12 months

Everything? Petrol?

 

[Will]

My 300TE cost me £320 a year ago.

Did the usual oil/filter/plugs/air filter etc when I first got it. Aside from a broken window regulator (£35) nothing has gone wrong in last year.

It's just cost me £39 for an MOT and £20 for some rear parking brake shoes.

Battery/tyres/brakes/exhaust etc all in decent nick, I'm expecting it to cost very little this next year.

Depreciation surely has to be nil (must be worth £320+ still) so I guess it's about £100 a year or so

I wish all cars could be like that

Will

 

[Shude]

Depreciation surely has to be nil (must be worth £320+ still) so I guess it's about £100 a year or so

I wish all cars could be like that

Just sad to think that the insurance will be a couple of hundred and so will the tax!

 

[Will]

Just sad to think that the insurance will be a couple of hundred and so will the tax!

It's actually saving me about £500 or so on the CLK55 by owning the 124 (CLK55 = second car and on a classic policy). So including the cost of the road tax and insurance, owning the 124 is costing me nothing whatsoever!

In fact, considering the fact that it's probably worth at least the £320 I paid for it a year ago, I could say that actually making me money by owning it

Will

 

[Rory]

I purchased my car on July 26th 2003 and since then have spent £23150 on keeping it on the road EXCLUDING petrol, car tax and insurance!

Hindsight is wonderful but I wonder how much a 6yr ServicePlus agreement would have cost?

Having said that, I'm way out of pocket on mine - I'm paying £70/mth (my deal doesn't include tyres) and the car has needed stunningly little work in the 4yrs I've had it.