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Old 03-14-2013, 04:41 AM   #1
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Total milage cost

Have you calculated your total running cost per mile including loss of value, fuel, insurance, service/repair costs and fees? How large is the fuel cost compared to the rest?

I did that and came up with about 1/3:rd of the total costs assuming I will keep the car for 3 years total.

Fuel: 1/3
Loss of value: 1/3
Insurance, service and tax: 1/3

My conclusion is the main reason for saving fuel for me is actually environmental. I could do with an older cheaper car that has poorer fuel economy for the same mileage cost but what would be the point? Also it's the smallest car that I feel comfortable driving the freeway on a regular basis.

What is your figure?

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Old 03-14-2013, 11:39 PM   #2
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Country: Hungary
Location: Fehérvárcsurgó
Sure. With Teresa (motorcycle, 2004, 650cc, 81500km by me):

Fuel: 31%
Maintenance: 32.2%
Insurance, tax, inspection: 5.1%
Share of purchase price: 31.2%

With the YARDIS (small car, 1999, 1.0l, 2800km by me):

Fuel: 8.15%
Maintenance: 10.29%
Insurance, tax, inspection: 5.04%
Share of purchase price: 76.52%

Of course the YARDIS is not in the stage I could draw any conclusion. She's quite new to me, and got new oil and tires after the purchase. And hadn't got any (2-yearly) inspections yet.

With Teresa I have more than 4 years of experience, and a distance that provides ample data about running costs.

I deliberately don't calculate 'loss of value', I consider myself a final user, so I just divide the (used) purchase price with the distance. Therefore the more I drive the less this cost gets.
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