5 ms·
My car has cost me $29 today sitting in the garage :|
by korynunn 8y ago
My car has cost me $29 today sitting in the garage :|
- beatgammit 8y agoWait, your car costs $10k/year?
- throwaway2016a 8y agoIf op has a 5 year loan on a $40,000 car + taxes + insurance + repairs... that sounds about right.
- fyfy18 8y agoI'd assume after the 5 years you still have the car, or at least sell it for something rather than scrap.
- cma 8y agoNot if it sits in the garage that whole time.. wait
- korynunn 8y agoThis is a great bit of insight that most don't get. I'll be making a total cost of ownership site soon to show how all of these details affect true cost of a car.
- MandieD 8y agoMy husband and I did some of those calculations when we were considering my next car seven years ago. Result: I ended up not considering anything less than three years old, and am still the content owner of an off-lease diesel 2008 Ford Focus Turnier (station wagon), about to have a new timing belt put in. My cost per kilometer would have been lower had I been confident in my manual shift driving capabilities (at the time, no; now, yes) and had eschewed luxuries like leather seats and the larger engine. Cost per km over the past seven years: 0.334 EUR Average cost per year (not considering that I've dropped my driving from over 20T to under 8T km/yr): 5826 EUR But I've not looked at it from an inventory perspective; it does spend an awful lot of time sitting in our garage ever since I switched offices and now carpool with a colleague who loves driving his BMW and is delighted that I give him 10 EUR/wk for gas and peer-pressure him into leaving for work at 7am :)
- beatgammit 8y agoI was actually thinking of doing just this since I'm going to need a new car soon. I'm basically trying to compare EVs, hybrids, and gas cars. It would be especially interesting to base data on historical TCO for various brands.
- korynunn 8y agoNo, the day wasn't over when I posted that.
- a13n 8y agoCould be a brand new Tesla Model S
- korynunn 8y agoTo clear this up: https://YouTube.com/korynunn https://YouTube.com/korynunn
- beatgammit 8y agoMakes sense. I'm not a "car guy" and my car cost ~$10k used a few years ago, so I thought perhaps that your math was off. But if cars are your thing, I totally get it.