If I forget to keep the receipt, I'll estimate and inevitably there is some rounding.
Date |
Description |
Amount |
Mileage |
|
16 Aug |
Deposit |
£100.00 |
65,039 |
|
17 Aug |
HPI check |
£6.99 |
||
19 Aug |
Insurance (12 months) |
£191.98 |
||
20 Aug |
Purchase |
£600.00 |
||
20 Aug |
Petrol (filled it up!) |
£34.17 |
||
20 Aug |
Tax disc (6 months)* |
£68.75 |
||
6 Sept |
Resident’s parking (12 months) |
£30.00 |
65,196 |
|
14 Sept |
Refund! |
-£700.00 |
||
17 Sept |
Purchase of ‘new’ car |
£995.00 |
Start again! |
|
17 Sept |
Credit card charge (grrr) |
£20.00 |
||
17 Sept |
*But price includes 6 months tax (hooray!) so refund due... |
|||
17 Sept |
Refund on insurance (hooray!) |
-£25.12 |
||
So fixed annual costs = £7891 |
£15.17pw |
|||
17 Sept |
Petrol (filled it up...) |
£50.07 |
68,567 |
Approx 43L |
382 miles in two |
£40pw2 |
or |
21p/mile |
|
615 km |
13p/km |
|||
Fuel |
||||
1 Oct |
Petrol – another fill-up |
£50.00 |
68,949 |
43.14L |
370 miles in 14 days/2 weeks = |
£40.19pw2 |
or |
22p/mile |
|
595 km |
14p/km |
|||
Fuel |
||||
15 |
Petrol – yet |
£49.50 |
69,310 |
42.71L |
346 miles in 20 days/3ish weeks = |
£31.67pw2 |
or |
27p/mile |
|
557 km |
17p/km |
|||
Fuel |
||||
3 |
Petrol |
£48.20 |
69,655 |
41.59L |
1: I’ve taken half of the purchase cost because I don’t
think there will be much residual value at the end of two years. For those of a
non-accounting disposition, this is ‘straight line’ depreciation at 50% per
year so at the end of two years the car will have no capital value. If there is
this might contribute to maintenance costs. All other costs are annual.
2: And that’s a scary figure when you consider it’s out of
taxed income – so you’d have to earn about £50 to pay for this! Oh and it
doesn’t include any maintenance, tyres etc though I’ve tried to account for
depreciation.
1 litre = 0.22 gallons. 1 miles = 1.609 km