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 22:32:33 GMT
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Viewed:
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679 times
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In lugnet.loc.uk, Jason Briscoe writes:
> 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!
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 more miles to the gallon, and
2 years insurance for £500 for a car of that value sounds extremely
cheap to me. I pay £220 a year for a car valued at about £1000 and
younger friends of mine get quoted a lot more than that. On the
other hand I'm not sure I quite believe diesel costs £4.80 a gallon,
(£2400/500).
If you'd say done 10000 miles using petrol at 30mpg, put in a more
realistic £3.50/gallon, and don't change
anything else in your calculation your total cost would come to 77p/mile
- a lot nearer the £1/mile mark
Simon
http://www.SimonRobinson.com
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Message has 1 Reply:
 | | Re: Busy Bee goodies
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| (...) I did not explain this well, but its meant to be 1000 i.e. per year. I guess your £220, seems expensive. But when I was younger (17) I once paid £1600 for third party Fire and theft! But then I am now old (over 30) so hence the lower cost. It (...) (25 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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| In response to: (...) 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 (...) (25 years ago, 14-May-00, to lugnet.loc.uk)
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