Budgeting for cars?

leviathan

The other secret is doing as much work on it as you can and not paying garages to do it for you.


But thats just part of the wider DIY secret for everything in life.

westv

leviathan wrote: »

The other secret is doing as much work on it as you can and not paying garages to do it for you.


But thats just part of the wider DIY secret for everything in life.

I prefer to GISE myself.

Brilley

..I used to do a lot of my own servicing when I first started buying cars as as well as limited funds, I was interested in that sort of thing.

These days cars generally require a lot less servicing (mainly "tick boxes"), but they are more complex, and what it would take me a day to do (on a cold wet drive), I am happy to pay somebody else to do in a nice warm properly equipped garage!

Anonymous101

Brilley wrote: »

..I used to do a lot of my own servicing when I first started buying cars as as well as limited funds, I was interested in that sort of thing.

These days cars generally require a lot less servicing (mainly "tick boxes"), but they are more complex, and what it would take me a day to do (on a cold wet drive), I am happy to pay somebody else to do in a nice warm properly equipped garage!

I should have added to my post... Having a mechanic that you can trust is hugely important.


In my experience main dealers are not only very expensive but also don't give as good a service as independents. Luckily for me I have a family member who is a qualified mechanic at an independent so I don't need to bother with main dealers.

leviathan

Brilley wrote: »

I am happy to pay somebody else to do in a nice warm properly equipped garage!

With age and wealth comes that ability.
I built a warm and well equipped garage

fred246

Brilley wrote: »

These days cars generally require a lot less servicing (mainly "tick boxes"), but they are more complex

The drain plug is still on the bottom of the engine, while the filler cap is on top. Oil filters are still the same. Which part of ticking a box do you find difficult?

fred246

Anonymous101 wrote: »

qualified mechanic

No qualifications required to be a mechanic.

OldBeanz

Another thing to consider is buying an automatic. In another 10 years all cars will be automatic(electric) and a favourite way for oldies to demolish walls is by getting pedal confused. Some recommend learning to drive an automatic in your 60's rather than 80's.

JoeEngland

k6chris wrote: »

How much have people budgeted in their retirement planning for cars, especially in terms of replacement costs? I have come up with a figure of £3,000 pa - £250 per month, per car. This is buying (say) as two year old £10,000 car and replacing it every four years. Is there a way of getting the cost down substantionally, whilst still having a reasonable and reliable mode of transport. All thoughts and experiences welcome. Thanks!



Car Annual Insurance £350 Tax £200 MOT £100 Service / tyres etc £350 Replacement savings £2,000 Total £3,000 per month £250

In my case as little as possible. I bought my current car for about 5k secondhand with about 50k miles. It now has 180k miles on the clock and I've had it over 12 years. By this time next year we'll drop down to one car keeping my wife's which is only a few years old and would hope to keep her's another 10 years, if not more.

JoeEngland

Sea_Shell wrote: »

We're currently working on roughly £8000 cost to change (one car) every 5 years.

So just £133 per month.

We have modest taste in cars!!

However, for some, the sky's the limit where cars are concerned!!

Hmm, 8k every 5 years seems extravagant to me!