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Save 6+ for just not having a car!

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quoted from Sheffield forums, thanks to OP Deavon. full link

Let's face it, buying, maintaining and fueling a car is a very expensive habit (especially these days).

I've spent the last couple of days contemplating putting the thing on e-bay and getting rid. Reckon I could save:


£6298* a year!!!

You know that is a reasonable estimate and it means that over a working lifetime, 35 years, a car will cost £220, 430 (and that is assuming costs stay the same... which, of course they wont)

Working that out has really frightened me into thinking that a car is just not worth having anymore. But could I live without it? I don't think so!

* Estimated annual costs of running the car:
£2000 Depreciation
£1920 fuel -based on £40 a week-
£1248 city center parking -based on £5.20 a day, 5 days a week for 48 weeks -
£750 Insurance
£180 tax
£200 repairs, MOT, tyres, oil, wipers ect

I persoanlly couldnt agree more apart from my car doesnt even worth £2000 :D but how many of us can live without one?

Comments

  • well it fires back at the petrol debate.

    you d be glad to know that i have decided to come to work cycling. Mainly because the weather is nice and my company has just based me 4 miles away from my place, so it seems stupid to spend fuel for doing 8 miles a day.

    From now on, I will only take the car when absolutely necessary: torrential rains or company assigning me more than 10 miles away from my place.

    I would have liked not to have to buy a car and use the bus. But I live in Farnborough, and people from Farnborough will understand me. The buses are absolute useless sh!te, the city council assumed that because people are London commuters or are rich then no 1 needs a bus.

    I miss my student days in Portsmouth. a monthly bus pass was 40 quid and you could go wherever you wanted at anytime within the Pompey zone. and on the weekends, you could push it to Sotton.
    "Don't cry, Don't Raise your Eye
    It's only teenage wasteland"
    The Who - Baba O'Riley
    Who's Next (1971)

    RIP Keith Moon
    RIP John Entwistle
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