S
Stuart Lamble
Guest
On 2006-10-26, PHATRS <[email protected]> wrote:
> Stuart Lamble wrote:
>> Or look at it from my perspective. I've paid off my vehicle; I own it
>> outright. (Wish I could say the same about my home, but anyway.
>>
>> Rego and insurance come to around $1,000 per annum, or $20 a week
>> (roughly). (Rating one driver - what can I say?) If I do 10,000 km a
>> year (which seems not unreasonable at my current rates), that's around
>> 200 km a week. 20 litres of fuel a week - roughly - comes to $40/week.
>>
>> Servicing? Let's be generous: $1,000 per annum. (probably less than
>> that).
>>
>> Suddenly, the cost of fuel has jumped to 50% of the cost of owning a
>> vehicle ...
>>
>
> Don't forget to factor in depreciation.
That's a cost I consider as being part of the purchase price. I didn't
buy my car to trade in for a new one - I bought it to drive for ten
years, by which time I knew it'd be close to worthless.
~Six years down, four to go before its time is up with me (possibly
more.)
It's probably worth about $5-6000 as a trade-in now ('97 Holden Vectra).
Given the price of a replacement vehicle, it's worth more than that to
me - I can't afford to buy a new car (or even a decent second-hand one).
--
My Usenet From: address now expires after two weeks. If you email me, and
the mail bounces, try changing the bit before the "@" to "usenet".
> Stuart Lamble wrote:
>> Or look at it from my perspective. I've paid off my vehicle; I own it
>> outright. (Wish I could say the same about my home, but anyway.
>>
>> Rego and insurance come to around $1,000 per annum, or $20 a week
>> (roughly). (Rating one driver - what can I say?) If I do 10,000 km a
>> year (which seems not unreasonable at my current rates), that's around
>> 200 km a week. 20 litres of fuel a week - roughly - comes to $40/week.
>>
>> Servicing? Let's be generous: $1,000 per annum. (probably less than
>> that).
>>
>> Suddenly, the cost of fuel has jumped to 50% of the cost of owning a
>> vehicle ...
>>
>
> Don't forget to factor in depreciation.
That's a cost I consider as being part of the purchase price. I didn't
buy my car to trade in for a new one - I bought it to drive for ten
years, by which time I knew it'd be close to worthless.
~Six years down, four to go before its time is up with me (possibly
more.)
It's probably worth about $5-6000 as a trade-in now ('97 Holden Vectra).
Given the price of a replacement vehicle, it's worth more than that to
me - I can't afford to buy a new car (or even a decent second-hand one).
--
My Usenet From: address now expires after two weeks. If you email me, and
the mail bounces, try changing the bit before the "@" to "usenet".