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Cost of running a car?
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knightstyle
Posts: 7,226 Forumite


in Motoring
Roughly how much per mile does it cost to run a car not including depreciation and finance?
So our car is a diesel, does about 45mpg, tyres cost £100 each servicing £250 a year, what else do I need to include?
need to know as giving a lift on a regular basis and they want to contribute.
So our car is a diesel, does about 45mpg, tyres cost £100 each servicing £250 a year, what else do I need to include?
need to know as giving a lift on a regular basis and they want to contribute.
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Comments
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Mine works out at about 14p per mile but I would not charge someone that.
When I shared drives in a recent job we either alternated the drives or I would give the other person a tenner per trip. This was a 130 mile round trip though.0 -
i'd say 45p per mile average cost so would split the cost at about 22p per mile each if lift sharing0
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Insurance, tax, wear and tear, repairs.
To keep it simples just split the cost of the fuel, other things you would be paying for anyway.0 -
45mpg at £1.15/litre is about 11.5p/mile in fuel. Tyre wear and servicing are negligible costs per mile.
How far out of your normal route are you actually going, in order to give this lift?0 -
45mpg at £1.15/litre is about 11.5p/mile in fuel. Tyre wear and servicing are negligible costs per mile.
How far out of your normal route are you actually going, in order to give this lift?
How do you know tyre wear & servicing are negligible per mile?
The OP has not even stated the expected mileage of these regular trips, could be hundreds of miles a week!0 -
Edwood_Woodwood wrote: »How do you know tyre wear & servicing are negligible per mile?
The OP has not even stated the expected mileage of these regular trips, could be hundreds of miles a week!
Doesn't matter how many miles a week it is, the tyre wear per mile is a fixed cost, they don't wear faster every mile because you do more miles in a day. As part of the overall cost, a £250 sey of tyres every 20K miles is 1.25p per mile, whether you do 1 mile a day or 500.0 -
Also depends on the car you are running. In a lot of cases depreciation can be the biggest cost and that is very mileage related.
Car doing 10,000 miles a year that loses £5,000 is 50p per mile depreciation.0 -
BeenThroughItAll wrote: »Doesn't matter how many miles a week it is, the tyre wear per mile is a fixed cost, they don't wear faster every mile because you do more miles in a day. As part of the overall cost, a £250 sey of tyres every 20K miles is 1.25p per mile, whether you do 1 mile a day or 500.0
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Also depends on the car you are running. In a lot of cases depreciation can be the biggest cost and that is very mileage related.
Car doing 10,000 miles a year that loses £5,000 is 50p per mile depreciation.
A three-year old 30k mile car will have lost a LOT more value than a one-year-old 30k identical car, but a bit less than a three-year-old 50k car.
If you're going to be accurate about calculating the marginal depreciation cost of the extra mileage, it's the difference between 3yo-30k and 3yo-50k that you need to figure, not the difference between new and 3yo-30k.0
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