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How much should a colleague pay to have a car share journey to work?

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Comments

  • Teacher2301
    Teacher2301 Posts: 407 Forumite
    To thank rlc22 - That's the whole point - for a taxi drive say - you'd expect to pay someones wages (I know it'd be more for an 80 mile round trip) but logically, over a period of time, K would have paid about £2000 for his transport. Granted it would be more if he relied on public transport but the one thing that we come back to is...M is still going to the same place of work and would have to pay anyway. Surely half price seems fair - if it costs M £400 then it would be fair but I'm sure someone worked it out as only costing £200 - so wouldn't £100 or even £125 be fairer? (extra £25 for those who argue about service, MOT, wear and tear). i know I may never get a satisfactory answer - but for those who argue that he should in theory pay the whole amount - I think is unfair - many share the same feeling and believe that K should pay half. One poster suggested a formal arrangement - what criteria do we think should be appropriate as a means of assessing how much one pays for such journeys like these and what other posters have described? (No this isn't an English essay before anyone ask's :) )
    'Proud To Be Dealing With My Debts' : Member number 632
    Nerds rule! :cool:
  • Blink_Eden
    Blink_Eden Posts: 255 Forumite
    I would suggest that, bearing in mind the driver is going to that destination anyway, wear and tear etc do not come in to the equation and if he wasn't giving the lift it would cost him the same amount.
    If the passenger is being picked up and dropped off at a time specified by the driver, the amount should be nominal - the driver is making a saving he wouldn't be making other wise.
    If the passenger is requesting collection and delayed return journeys, a further nominal amount should be added.

    £50/month and the occasional coffee/bacon sarnie sounds fair. With the passenger throwing in the occasional extra £10 when the driver has to stay late.
  • To thank rlc22 - That's the whole point - for a taxi drive say - you'd expect to pay someones wages (I know it'd be more for an 80 mile round trip) but logically, over a period of time, K would have paid about £2000 for his transport. Granted it would be more if he relied on public transport but the one thing that we come back to is...M is still going to the same place of work and would have to pay anyway. Surely half price seems fair - if it costs M £400 then it would be fair but I'm sure someone worked it out as only costing £200 - so wouldn't £100 or even £125 be fairer? (extra £25 for those who argue about service, MOT, wear and tear). i know I may never get a satisfactory answer - but for those who argue that he should in theory pay the whole amount - I think is unfair - many share the same feeling and believe that K should pay half. One poster suggested a formal arrangement - what criteria do we think should be appropriate as a means of assessing how much one pays for such journeys like these and what other posters have described? (No this isn't an English essay before anyone ask's :) )


    is M still picking up K?
    or have they fallen out??
    Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
    (MSE Andrea says ok!)
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    To thank rlc22 - That's the whole point - for a taxi drive say - you'd expect to pay someones wages (I know it'd be more for an 80 mile round trip) but logically, over a period of time, K would have paid about £2000 for his transport. Granted it would be more if he relied on public transport but the one thing that we come back to is...M is still going to the same place of work and would have to pay anyway. Surely half price seems fair - if it costs M £400 then it would be fair but I'm sure someone worked it out as only costing £200 - so wouldn't £100 or even £125 be fairer? (extra £25 for those who argue about service, MOT, wear and tear). i know I may never get a satisfactory answer - but for those who argue that he should in theory pay the whole amount - I think is unfair - many share the same feeling and believe that K should pay half. One poster suggested a formal arrangement - what criteria do we think should be appropriate as a means of assessing how much one pays for such journeys like these and what other posters have described? (No this isn't an English essay before anyone ask's :) )


    £200 is just the cost of the fuel @40mpg@£5gal@20dpm.

    so 1/2 that would be the minimum decent amount to offer.

    Do you run a car? your estimates for other costs are on the low side at 600py(25*2*12) except for an old one that is not depreciating at all.
  • £200 is just the cost of the fuel @40mpg@£5gal@20dpm.

    so 1/2 that would be the minimum decent amount to offer.

    Do you run a car? your estimates for other costs are on the low side at 600py(25*2*12) except for an old one that is not depreciating at all.

    :wall::wall:
    Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
    (MSE Andrea says ok!)
  • Blink_Eden
    Blink_Eden Posts: 255 Forumite
    By the way some of the people are talking about this, it sounds more like a business deal than a favour - in which case I hope the driver is declaring it to the taxman
  • Teacher2301
    Teacher2301 Posts: 407 Forumite
    getmore4less- Yes I do run a car but I don't charge friends for lifts nor do I expect a payment for depreciation but that's just me. Glad you confirmed the costs though - so you agree that half (lets say £100) is fair?

    Inspector Monkfish - yep I know the feeling...

    Blink-Eden - now there's a point - I assume this isn't capital gain is it?
    'Proud To Be Dealing With My Debts' : Member number 632
    Nerds rule! :cool:
  • Teacher2301
    Teacher2301 Posts: 407 Forumite
    Blink_Eden wrote: »
    By the way some of the people are talking about this, it sounds more like a business deal than a favour - in which case I hope the driver is declaring it to the taxman

    Also - should K declare it as an expense to the school???
    'Proud To Be Dealing With My Debts' : Member number 632
    Nerds rule! :cool:
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I'd say £75/month. That would cover half the cost of the petrol. The car is going that way anyway and the passenger doesn't get any further "benefit" from the car as it is not at their disposal, so to factor in the depreciation etc would be to the betterment of the owner.

    Bearing in mind there's an element of comfort they're afforded, maybe an extra £25/month to show appreciation. So £100/month.

    So: £100/month
  • Teacher2301
    Teacher2301 Posts: 407 Forumite
    Thanks PasturesNew - a sensible idea. Looking back at a previous post - what criteria should we have to say how much a friend/ colleague pays before accepting an offer of a more permenant arrangement for lifts to and from work? (Lets assume K has to get to M's house so M is not inconvienienced in any way, shape or form)
    'Proud To Be Dealing With My Debts' : Member number 632
    Nerds rule! :cool:
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