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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Mon, 15 May 2000 10:16:05 GMT
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Viewed:
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683 times
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In lugnet.loc.uk, Simon Robinson writes:
> > 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.
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 still pays to shop arround, I had been quoted as much as £800 for the
same cover, which would be even cheaper if business mileage was not included.
> On the other hand I'm not sure I quite believe diesel costs £4.80 a gallon,
> (£2400/500).
Your right it about 4.00 (5Lx80p) still cheaper than petrol though! however I
was being generous in the claculations.
> 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
I could do? but on a run I get nearly 50mpg and around 30 round town, but most
of my ,mileage is business and at 50mph plus.
This probably has gone quite far enough now, as this is lugnet not Autocar! I
should never have started, but one final point.
Lawrence states that taxman allows 69p per mile, also if you keep accounts of
all expenditure, repairs, insurance etc, this can all go on your tax return
and I know of people that get money back from the inland revenu rather than
pay tax on their work cars! But thats another story.
PS. If you do borrow money, you can also claim 5% of the interest back on your
tax return!
Regards,
Jason
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Message is in Reply To:
 | | 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 (...) (25 years ago, 14-May-00, to lugnet.loc.uk)
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