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Large car low running costs for low miles

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Comments

  • thelawnet
    thelawnet Posts: 2,584 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Sorry I should have said. I reckon I'd get £5k out of the Lexus maybe a bit more.

    TBH it's really not depreciating very much if at all.

    So the running costs are approx.

    £300 insurance
    £200 maintenance (but more when it's tyres - 19")
    £570 VED
    £1150 petrol @ 23mpg

    I reckon you could knock about £400/year off the petrol, same again off the VED, and maybe £100 off the insurance, as it is a 4.6l v8 so quite expensive to insure.

    But you'd want to be into the replacement for say £3k for it to make sense.

    So far I've thought

    Skoda Superb
    Ford Mondeo
    Toyota Avensis

    possibly an estate?
  • Herzlos
    Herzlos Posts: 16,003 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Can you just convert the Lexus to LPG and half your fuel costs?


    Even at that, you're still only £2220 a year in running costs, or £185/month.



    I honestly don't think it's worth changing vehicle if you like using it.
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