Cost Per Mile the most important figure to take into account?

tali

A lot of people use Depreciation as the major factor of car running costs , or they will boast about the brilliant mpg -BUT is Cost Per Mile the most important figure to take into account?
(BTW ignore under 25s as insurance costs can distort figures badly)

balsingh

Isn't cost per mile based on both mpg and depreciation (as well as some other factors eg. insurance, road tax etc.)

I see depreciation a long term cost which isn't noticed until the car is sold. On the other hand mpg is relvant for the day to day driving so tends to considered more important as you feel it on the pocket throughout the ownership of the car.

Keith

Last year Oct 06-Oct 07 - Including depreciation, fuel, maintenance, tyres and insurance - I worked out it cost me 22p per mile.

tali

My 99 mondeo 2,0 auto is working out at what appears a pricey 50ppm

balsingh

tali wrote: »

My 99 mondeo 2,0 auto is working out at what appears a pricey 50ppm

Usually 'Auto' does mean pricey.