car cost for one year

itarumaa

I did a little bit of calculation, how much it actually cost to keep the car in the road one year,

My car is a Volvo S40, 2l petrol, 1998 and I drove 10 000 miles / 16 000km in one year (127k>137k miles).

Petrol cost:
9.5l x 1.32e = 12.54 x 160 = 2006e

Road tax:
173e x 4 = 692e

Service:
two tires (80e)
balance&alignment (50e)
4-wheel alignment+balance(80e)
2 shocks (220e)
ball joint (90e)
oil+filter (59e)
spark plugs + 1 coil + ht-leads + oil cap seal(140e)
sidelight(20e)
wipers & light bulbs (50e)
NTC and retest (80e)
thermostat (40e) = 909e

Insurance = 900e

Depreciation, hard to know, 200e in a year maybe? Car itself I bought for 850e

So all costs are 2006+692+909+900+200 = 4700e in a year or 4700 / 16000km = 0.29e per kilometer.

For me the interesting part is that petrol cost are not even half of the figure, even the car is 2.0l petrol.

Petrol is about 43%, Road tax 15%, Service 19%, Insurance 19% and Depreciation 4%.

squod

I'd be hard pushed to find a garage selling petrol at 1.32 now. Even if I did find one, it wouldn't get a second look.

mickdw

2008 audi:

Petrol cost:
32000 km@10L/100km =3200L @€;1.35 =€4320/year

Road tax:
€430 approx

Service:
4 tyres = €550
Repairs = €100
Service = approx €200
Insurance = €750

Depreciation (this year) = €6000 approx

Total: 4320 + 430 + 550 + 200 + 700 + 100 + 6000 = 12,300
or 38c/km

This is ignoring the bigger hit in depreciation in first years when car was new but are reasonably accurate for the current year.

[/QUOTE]

mmarks

Well, bangornomics is the way to go.

1995 Saab 9000CS. Bought 6 months ago for 200 Euro. Still NCTd (till next year). Tax 340e for 6 months. Spent nothing on maintenance (I will throw it away if it needs a tyre!!!). Never let me down or put a foot wrong.

Travelled 8,000 miles at an average of 33mpg. Assume fuel 1.32 per litre roughly.
Thats 1450e for fuel.

Insurance 399 for the year, call it 200 for the 6 months.

200 + 340 + 1450 + 200 (total cost for 6 months motoring including absolutely everything) = 2190e

That's 27c per mile or 17c per km

CiniO

I'll show you my figures for my 01 Fiat Bravo 1.2 16v, for the last 2,5 years.

Mileage - 85k - 110k = 25k miles (average 10k miles per year).

Petrol - 2675 litres which cost 3150 euro (avarage 6.69 litres/100km)

Tax - 683 euro

Insurance - Hard to tell, because it was swapped between my, and my wifes insurance. For some period car didn't have insurance at all, and I was driving it with my insurance as driving other cars. But considering mine and my wifes average yearly rate, it would be about 400 euros per year, so 1000 euro per 2.5 year period - 1000 euro.

Service -
Tyres (2) - 90
Wheel allignment - 30
Windscreen wipers - 22
Bulb - 6
Right front wishbone - 50
Oil + filter - 36
Power steering fluid - 4
Paint in spray + hammerite = 15
Timing belt + tensioner = 40
Tyres (4) - 180
Fixing hub - 20
Oil + filter - 35
Welding exhaust - 50
NCT - 50
Mounting Eibach sports springs (got them for free) - 20
Total - 648

Depreciation in value - I bought her for 1300, now I could easily sell for 1000. - 300euro

Total : 5781 euro

Yearly cost = 5781/2.5 = 2312 euro
Cost per km = 5781/40000 km = 0,14 euro per km.

Petrol - 54.5%, Tax - 11.8%, Insurance - 17.3%, Service - 11,8%, Depreciation - 5.2%

So my figures are slightly different then yours, as petrol is over half of the price.
Also general running cost per km is over twice smaller.

murphym7

2000 Honda Civic.
Mileage = 11,000 Km
Insurance = €400
Fuel = €1,242
Tax = €357
Wiper Blades = €24
NCT = €50
Depreciation = €500
Total = €2,573

Cost per Km = 23c per Km

E39MSport

I don't think that petrol, depreciation and full maintenance should be included in the calculations (unless you're asking about the cost to change a car after a certain period/mileage).

The cost to keep a car on the road isn't the same as the cost to cover your personal mileage in that same car.

My biggest cost second to none to keep my cars on the road is Road Tax.
I'm paying almost a tenner a day in Road Tax.

pippip

squod wrote: »

I'd be hard pushed to find a garage selling petrol at 1.32 now. Even if I did find one, it wouldn't get a second look.

I pass about 5 stations in Dublin every day and this is the price in 4 of them.

Interesting to see, never been bothered to work it out myself, fair play op.

racso1975

This excel spreadsheet might help ya with the calcs

E39MSport

E39MSport wrote: »

I don't think that petrol, depreciation and full maintenance should be included in the calculations (unless you're asking about the cost to change a car after a certain period/mileage).

The cost to keep a car on the road isn't the same as the cost to cover your personal mileage in that same car.

My biggest cost second to none to keep my cars on the road is Road Tax.
I'm paying almost a tenner a day in Road Tax.

I think petrol, tax and insurance shouldn't be. Depreciation is most folks greatest cost and is also the one most overlooked. We all know some one spending €100 odd on roadtax and only €20 on dismal a week but losing €3000 / €4000 a year on depreciation.

EPM

2006 Leon 1.6, 40k km last year (and thats been parked up 6 months)

Petrol cost:
8.7l x 1.32e = 4593.6e

Road tax:
454e

Service:
6 tyres - 1000e
balance&alignment x 2 100e
Timing belt/water pump and minor service 530e
Full service incl front and rear pads 430e
Minor service and tie rod end 250e
Wiper blades 70e (Valeo all in one jobbies)
Nightbreakers x 4 50e
NTC and retest (tie rod) 80e
Gearbox rebuild 1000e
Lambda sensor 300e
Door respray and dent removal (due to some complete d1ck) 450e
Car washes - it gets very dirty in a week - 250e
Blower motor 200e

Insurance = 620e

Depreciation 3000e

Total - 33 cents per km

Without the stupid repairs and tyres eating themselves from a bad alignment job (and I know there's something I'm leaving out) - 27.5 cents per km

holy fook - imagine the bill if it was a full years driving c. 60-70k km

At least everythings fixed now anyway

Seweryn

itarumaa wrote: »

How much it actually cost to keep the car in the road one year

My car for comparison is a Mercedes-Benz W201 190D, 2.0l Diesel, 1993 and I drove 37,850 km in one year.

Fuel cost:
2,470 Eur (all tank fillings recorded)

Car Ownership Tax:
173e x 4 = 692 Eur

Service:
All parts, oils and service bits:
338 Eur

Insurance = 380 Eur

Depreciation - negative, I can sell the car for more than I paid for it last year, but say only -200 Eur

So all costs are 2470+692+380+338-200 = 3680 Eur in a year or 3680 / 37,850 km = 0.0972 Eur per kilometer (9.7 cent per km)... That looks not bad .

Can anyone beat the Baby-Benz ? .

NewApproach

One thing that strikes me is the insurance figure, which has at least as much to do with the driver, rather than the car itself. So just because someone else gets a certain €/km cost, don't think that will necessarily apply to you.
If I get a chance I'll do up the figures for my car (Alfa 147) later. I've to go now.

Seweryn

Seweryn wrote: »

So all costs are 2470+692+380+338-200 = 3680 Eur in a year or 3680 / 37,850 km = 0.0972 Eur per kilometer (9.7 cent per km)... That looks not bad .

Can anyone beat the Baby-Benz ? .

Few of my previous babies would be in the running me thinks

1) Rover 600 bought in Sep 2006 and driven for 6 months of urban driving so little enough miles done.
Tax for the six months €250, say €300 for the insurance.

Actual bit and pieces spent on her (self serviced except for the CV boot), inlcuding NCT cost and add to sell her (which was a waste as a fella rang me in response to a local free add).

Battery 80
Aerial 63.5
Tyre, Tracking 105
Stereo Conn 30.49
Wiper Blades 24.49
Oil 27.49
Oil Filter 5
Car Mats 24.29
Exhaust Trim 19.95
Air Filter 20.41
Spark Plugs 18.15
NCT and CV 136.5
Plugs and add 55

So total of maintenance, purchase, tax and insurance is €550 + €2300 + €610.27.

I covered 5000 miles (8047km) and spent €979 on petrol.
So total spend is €4439 but I sold her for €3500 so the actual cost was €939.
So price per km is 939/8047 = €0.12

Clearly not as good as your Benz but the urban only spins for the 6 months meant a very low 20s mpg.

May as well have a peak at the W124 I had for a while last year, mid 30s mpg but she did cost me a few hundred in depreciation as well as maintenance.

Bought her for €430
Spent €508 on her, detail below

3 Tyres 226000 210
NCT and 2 x retest 106
Wiper Blade 20
Fuel filter 8
Oil filter 226670 13
Semi Syn Oil 226670 23
OVP 93
diesel pipe and j clips 227000 15.89
litre of oil and anti freeze @ 228781 13.25
Add donedeal 6

Sold her for €700, only had her 3 months so €250 tax, €130 insurance.
Did only 3900 miles in her (6276km) costing €506

So cost per km = €0.18 (ouch didn't expect that :mad: )

Mmmmmm what about my old 520i I just sold last month, will no maintenance cost compensate for 20 ish mpg ????

Bought for €900, only spent €80 on a tonneau cover for her and €3 for the add. Had her 3 months so €150 for tax and €120 for insurance.
Sold her for €870, covered 3826 miles (6157km) costing me €960 on petrol.

So cost per km is €0.22 (ouch again)


Don't think I can beat the baby Benz, I really doubt my Rover 400 diesel will as I spent a bit on her over the 15 months she was on the road, and also sold her for €530 less than what I paid for her.

I'll have a peak though, stay tuned folks

-Corkie-

Depressing thread when I think of depreciation. I lost thousands on my last cars. Maybe its time to back driving an old corolla....:(

@104

Ok, so Rover 400 diesel bought in Sep 2007 but not put on road until Jan 2008, sold in April 2010


Rover400,102175 1300
Tyre, 102440 75
Battery, 102440 90
Key 13.75
Heater Resistor 10
Diesel Pipe 3
Matts 22.5
Tracking/Bal 102,791 45
Wiper Blades 20
fuel filter & redex, 103275 20
starter recon, 103300 75
semi s oil, @104,449 20/03 21
oil filter 8.6
bulb rh headlight 7
ATF Fluid 12
2 back tyres @ 109, 500 110
3 bulbs 3
NCT Fail @ 110,273 49
CV Joint, CV boot, top arm @ 110,925 420
Retest NCT @ 111,281 27.5
oil filter @ 114,530 miles & 3 below 8.41
fuel filter 13.91
air filter 7.87
Duckhams ss oil 28.07
fyrestone front left 115,500 65
For sale add x 2 43
2498.61
sold 24/04/2009 at 117 000 miles 770

18 months tax €900 and same for insurance so that's €1800 to add to the €1729 she cost me in bits and pieces and depreciation :eek: (this one is looking a costly yoke)

Covered 14825 miles (23859km)

Cost per km = 3529/23859= €0.15

Not too bad, CV joint and the suspension bit was a sting on her.

unkel

mickdw wrote: »

2008 audi:

Depreciation (this year) = €6000 approx

Nobody in this thread has mentioned the second biggest cost for most cars bought new: interest. 8% interest on a 50k loan is €4000 in the first year

Even if one bought the car with cash savings, one should take interest into account. It was not just useless "savings" anyway that was used to purchase the car. There would always be an opportunity these savings could have been invested earning money. These opportunity costs are rarely mentioned here...

Unkel should be the next minister for finance !

unkel

The last time another economist went into politics to get that job, he was completely ignored

peasant

unkel wrote: »

Nobody in this thread has mentioned the second biggest cost for most cars bought new: interest. 8% interest on a 50k loan is €4000 in the first year

Even if one bought the car with cash savings, one should take interest into account. It was not just useless "savings" anyway that was used to purchase the car. There would always be an opportunity these savings could have been invested earning money. These opportunity costs are rarely mentioned here...

Unless of course one buys an appreciating asset

The purchase price of a van similar to mine in perfect condition has risen by about 2k in the last 3 years (I shan't mention the maintenance cost however :rolleyes:)

unkel

peasant wrote: »

Unless of course one buys an appreciating asset

Very few cars bought new are appreciating assets straight away and the ones that are usually have big waiting lists to get one in the first place

That said, I love posts on here about people buying a car (any car) and selling it on later for more than they bought it for. Winners!!!

jaffa20

Ugh, thread is too depressing. Do not want to attempt calculations but would say insurance and petrol are biggest ones for me.:(

E39MSport

RoverJames wrote: »

I think petrol, tax and insurance shouldn't be. Depreciation is most folks greatest cost and is also the one most overlooked. We all know some one spending €100 odd on roadtax and only €20 on dismal a week but losing €3000 / €4000 a year on depreciation.

In that case, I lost 32k in one year on my RRS. Coupled with c. 1200 to tax the b'tard comes to about 33k per year

I guess that means that the depreciation calculation needs to be a bit more complicated and averaged over the duration of ownership.

EDIT: - This whole depressing thread makes me glad I switched to so called bangernomics. The rangey helped me see the light. I run 4 cars now, they are all mechanically sound and do what they say on the tin. I much prefer rolling in my 20 y/o 8er than my now departed shiny moneypit RRS. Similarly, I could have bought 3 Amazons with the money I lost on the RRS and the one I actually drive is a far superior machine in many respects and serves me very very well indeed. Also, it has probably bottomed out in terms of depreciation.

NewApproach

E39MSport wrote: »

bangernomics. ... 8er

Bangernomics, 5 star style

cloneslad

E39MSport wrote: »

I don't think that petrol, depreciation and full maintenance should be included in the calculations (unless you're asking about the cost to change a car after a certain period/mileage).

The cost to keep a car on the road isn't the same as the cost to cover your personal mileage in that same car.

My biggest cost second to none to keep my cars on the road is Road Tax.
I'm paying almost a tenner a day in Road Tax.

you are paying approx €3650 a year in tax??? How is that possible??

E39MSport

8 series = 1566
cruiser = 1566
starlet = cant remember, something like 350
The OH pays c. 1150 for her E39
... and I have an MGB GT on the way but that will be less then 50.

Ba*tards !

(mathis is slightly out I realise)

cloneslad

E39MSport wrote: »

8 series = 1566
cruiser = 1566
starlet = cant remember, something like 350
The OH pays c. 1150 for her E39
... and I have an MGB GT on the way but that will be less then 50.

Ba*tards !

(mathis is slightly out I realise)

I thought you meant on one car, though that's still a rediculous amont of money to have to pay in tax.

You'd think there would be a limit to the amount one would have to pay on cars per year.

E39MSport

Bring on the fuel tax.

unkel

cloneslad wrote: »

that's still a rediculous amont of money to have to pay in tax.

You'd think there would be a limit to the amount one would have to pay on cars per year.

A guy I sold a car to had about 7 or 8 older low value high end cars all with big engines. He lived somewhere in the midlands. At the time his motor tax bill would have been about €10,000 per year. And he was the only person driving any of his cars. He thought that was a bit OTT so he didn't tax any of them and just take his chances

Over the years he picked up a handful of fines and one car was confiscated

I don't condone people evading taxes but I can see where he was coming from. And in a country with so little law enforcement, he is getting away with it...

unkel

E39MSport wrote: »

Bring on the fuel tax.

Amen.

I honestly don't see how the fuel tax would work, they would have to have some sort of rebate system for haulage companies, PSVs etc which would be quite simple but impossible for the th1ck mongs who are running the country (and the opposition too I may add) to implement. Personally I'd love it, I spend €50/€60 a week on petrol and drive a 2.5 taxed on cc so 'twould want to be a fairly high fuel tax to hit my pocket if they abolished the road tax.

unkel

RoverJames wrote: »

they would have to have some sort of rebate system for haulage companies, PSVs etc

Why a rebate? The polluter pays, he doesn't get a rebate

Mycroft H

Tax = 288 PA
Insurance = 800PA
Maintence = 100PA
Diesel = 1100PA (825 liters @ 1.25 per liter)

APPRECIATION = 500 (based on current prices vs 12 months previously)

Total cost per annum = 1788PA

Cost per kilometer = 14.3c


'91 Defender BTW.

Only servicing done in the last 12 months.

unkel

unkel wrote: »

Why a rebate? The polluter pays, he doesn't get a rebate

Well if fuel goes up 30% or so to replace motor tax we'll all be paying more for everything if there isn't a rebate.

unkel

We'll only pay more for things that cause pollution. Fair enough, no?

Things that don't cause pollution but are taxed right now, will no longer be taxed. Fair enough, no?

unkel

unkel wrote: »

We'll only pay more for things that cause pollution. Fair enough, no?

Things that don't cause pollution but are taxed right now, will no longer be taxed. Fair enough, no?

Everthing that gets delivered will go up if hauliers end up with increased costs I would think. They complain about a 1 or 2 cent increase, a substantial increase in fuel that is more than whatever road tax they pay would have them in God knows what condition. People who don't drive at all could end up well out of pocket if a fuel tax comes in, with the trickle down effect.