MarkCup
ClioSport Club Member
I hope so...£7k does seem a bit harsh...but the miles will put a lot of people off when there's so many out there that have done 20k or less...even if that 20k might have been done at the hand of 5 different owners
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Hot hatch ownership; how much does it really cost?
- Thread starter MarkCup
- Start date
I hope so...£7k does seem a bit harsh...but the miles will put a lot of people off when there's so many out there that have done 20k or less...even if that 20k might have been done at the hand of 5 different owners
Yeah it's the odd thing that depreciation happens with age, driven or not, so whilst the total clearly rises, the pence per mile figure is improved by more miles. This is why I can never fathom suffering the depreciation on a new car for 5k a year, but hey, it leaves plenty of good, low mileage used cars on the market.
Waitey
ClioSport Club Member
Alpina D3, AC Cobra
Yeah its like the 18 month old A45 AMG hans was selling with 2000 miles on it. It had cost the owner over £4 a mile in depreciation alone!
Indeed, new car costs sort of make sense on average annual mileage, but even something like that polo GTI deal that was on here, taken over 5k is eye watering for a garden ornament.
On the other hand, the way you use cars is also bonkers to me, but whilst the costs are high, at least the per mile price means its not a huge amount worse than mr average doing average mileage in an average car.
I guess it's like everything in life, it's geared around normal use, and either side of that, it doesnt work so well, but it's amazingly rare to see people actually stop and think about it the way that you, @Sir_Dave and @MarkCup have!
On the other hand, the way you use cars is also bonkers to me, but whilst the costs are high, at least the per mile price means its not a huge amount worse than mr average doing average mileage in an average car.
I guess it's like everything in life, it's geared around normal use, and either side of that, it doesnt work so well, but it's amazingly rare to see people actually stop and think about it the way that you, @Sir_Dave and @MarkCup have!
Waitey
ClioSport Club Member
Alpina D3, AC Cobra
Its very much a double edged sword. I get £800 a month from work for my car, so after tax thats like £450. I get on average £450 a month for fuel from work too.
So my total car based costs are £1400 a month, after taking off the money work pay me, it costs me £500. Which personally I feel isn't bad for having a RS3 to use every day including all costs and fuel....
No, absolutely agree! It's a nice situation to be in and you can clearly afford and enjoy it, but the raw numbers are penmouth:
Like I say though, it's probably not a whole lot worse than someone buying a 335i and doing 5k a year in terms of p/mile
penmouth:Like I say though, it's probably not a whole lot worse than someone buying a 335i and doing 5k a year in terms of p/mile
MarkCup
ClioSport Club Member
£4 per mile in depreciation alone?! F***.
That would have funded some pretty special 'hire' cars for the 2,000 miles covered in it!
That would have funded some pretty special 'hire' cars for the 2,000 miles covered in it!
Waitey
ClioSport Club Member
Alpina D3, AC Cobra
Sorry I got it wrong..... it was £6.50 a mile!
£42k list. 18 months old, 2k miles. 29k CAP value.
Six pounds 50 pence a mile!
Never mind a hire car, you could be driven for that
Waitey
ClioSport Club Member
Alpina D3, AC Cobra
BMW M4; S1000 RR
A45 AMG is hardly an A-B kind of car though so let's not lose focus there.
New cars cost money, whether you do a few thousand pleasure miles in a brand new AMG, or commute daily in an RS3. Both in the examples listed are going to cost you 5 figures for the year.
New cars cost money, whether you do a few thousand pleasure miles in a brand new AMG, or commute daily in an RS3. Both in the examples listed are going to cost you 5 figures for the year.
MarkCup
ClioSport Club Member
That's beyond insane.
ForceIndia
ClioSport Club Member
Gentlemans spec 200
Torque vectoring on a FWD car using the rear brakes? I would of thought it only used the fronts?
The Psychedelic Socialist
ClioSport Club Member
Cost per mile figures are pretty misleading though.
If you jump in that A45 now and drive it 10 miles, it's not going to cost you £65.
As Waitey says, doing high miles drags the cost per mile way down but the bulk of the depreciation is not mileage dependent.
If you jump in that A45 now and drive it 10 miles, it's not going to cost you £65.
As Waitey says, doing high miles drags the cost per mile way down but the bulk of the depreciation is not mileage dependent.
MarkCup
ClioSport Club Member
I guess it's not true torque vectoring...but it does apply back brakes a little to aid turning/minimise understeer. More so on the first couple of trackdays as I wasn't fully disengaged ESC wise.
LOL
I'm now struggling to think of even the slightest reason why I should?! It's something that can fail that I will get no benefit from at all!
It's £50 on a 30k car, everyone loves them so will lul people into a false sense when selling it on, you never know when the wind might catch the door and bump it into a wall, since the facelift they don't fail as often as they used to, the only time mine ever broke was when my boy closed the door using them instead of the handle like some kind of maniac.
And you can slam your door into strangers cars without caring
7R
I've had a spreadsheet running for my R since I got it with every fuel receipt put in etc and I was £0.67 over the 13 months/20,324 I had it.
That includes every penny that left my account for that motor. Not bad considering that includes several sets of tyres, brake pads, alignment, and regular oil and brake fluid changes, windscreen.
£13,600 over 13 months 😅. Would I change it? Would I f**k 😂.
That includes every penny that left my account for that motor. Not bad considering that includes several sets of tyres, brake pads, alignment, and regular oil and brake fluid changes, windscreen.
£13,600 over 13 months 😅. Would I change it? Would I f**k 😂.
Iain C
ClioSport Club Member
My fabia tdi has worked out well then.
Paid 11.5k on it as a pre reg it's now on 65k and worth 6.5k ish. It works out at £4123.4 per year all in on 18k a year average. Inc all services 2 sets of tyres, insurance, tax and fuel.
Paid 11.5k on it as a pre reg it's now on 65k and worth 6.5k ish. It works out at £4123.4 per year all in on 18k a year average. Inc all services 2 sets of tyres, insurance, tax and fuel.
shiftspark
ClioSport Club Member
R53 GR86
Where do you get all your info for depriciation etc ? What car used to include graphs etc on expected depriciation but I can't find any ?
Cheers
Cheers
MarkCup
ClioSport Club Member
Depreciation = what I paid Ford for it when new less what WBAC would give me for it today.
I know I could get more selling it privately but they're consistent and selling to them may well end up being what I do with it when I finally let it go.
shiftspark
ClioSport Club Member
R53 GR86
Ah ok, I thought you had found the old depreciation charts Whatcar used to do.
Thanks
Thanks
