Soa's - Reducing Car Cost

ceridwen

Notice many SOA's include car running costs - this might help reduce costs:

www.guardian.co.uk/money/2008/jan/20/motoring1

Snaggles

Thanks for that. My car went to Micra heaven a few weeks ago, but will get hubby to read it to reduce his costs.

PasturesNew

I've never been in a job nor lived in an area where I could share a car/lift.

The article says the car club idea is really only going to work in major cities, which is true. If I had a regular, set life and lived in a big city and a car club was close to where I needed to use a car, I'd do it though.

As for SOAs, what I notice with a lot of these is that the people posting them seem to have a huge car loan, along with huge insurance and often huge petrol for a car that's the reason they're having the problems with cashflow that they are.

If they stopped buying the shiny nice ones and thought of a car as a means of transport, buying for fuel efficiency and not how cool it made them look, they'd often never have had their problem.

Over the 7 years I have had my car it's cost me £21/week plus petrol at 7-10p/mile over that time. Which is still cheaper than borrowing that car club car once a week. And I get the freedom 24/7 to just go outside and get in it. In fact that £21/week is how much it has cost me to buy it until now ... and it still probably has another 5-7 years left in it. So it would be cheaper in the longer term than even that.