Subject:
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Re: Busy Bee goodies
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Newsgroups:
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lugnet.loc.uk
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Date:
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Sun, 14 May 2000 21:09:55 GMT
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Viewed:
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558 times
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In response to:
> > 69p a mile? Steptoe and Son managed it on less.
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> Someone told me that a new car cost £1 a mile to run.
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> Carbon 60
This can't be right?
I have done nearly 20,000 miles since May 99 and there is no way that its
cost me £20,000. The car was only 19,500 last may when I bought it, Its had
two services one at 10 and 20K (both included in purchase price). Current
value is approx 14K, diesel costs at approx 40mpg = 20,000/40 = 500 gallons
which is approx £2400, insurance 2yrs at £500 equates to a grand total of
£8400 which is around 43p per mile!
Of course the trick is like lego, never pay full price for you car! and
barter with the dealer to get freebies like servicing and extended warranty.
Regards,
jason
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Message has 4 Replies:
 | | Re: Busy Bee goodies
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| (...) Sorry to but in from the US... I haven't ever done the math to see how real the US IRS's allowable deduction of 28 cents per mile (it may be higher, that was what it was the last time I deducted milage at this rate) compared to actual cost, (...) (24 years ago, 14-May-00, to lugnet.loc.uk)
| | | Re: Busy Bee goodies
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| (...) You've done 20000 miles in a year, which is a _lot_. I've only done 30000 miles in 3 years - and that was including a period when I was going out with someone who lived 230 miles away which meant a lot of motorway driving. Diesel means you get (...) (24 years ago, 14-May-00, to lugnet.loc.uk)
| | | Re: Busy Bee goodies
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| (...) You are forgetting the biggest cost, depreciation! I dont know what model it is, but that one year old car might only be worth 60% of its original value. So 40% of 19500 is £7800, divide by 20,000 = 39p per mile. And if you had to borrow to (...) (24 years ago, 15-May-00, to lugnet.loc.uk)
| | | Re: Busy Bee goodies
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| (...) 5.5K in one year - crazy (...) No. Like lego, you should look out for good quality used items. Use a Which guide to find which car is the most reliable and suits your needs. Then buy that one. The problem with cars is that buyers too often (...) (24 years ago, 15-May-00, to lugnet.loc.uk)
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Message is in Reply To:
| | Re: Busy Bee goodies
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| (...) ... and you don't find that old monorail box that's been sitting on the top shelf for 10 years collecting layers of dust. (...) Someone told me that a new car cost £1 a mile to run. Carbon 60 (24 years ago, 12-May-00, to lugnet.loc.uk)
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