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How much do you pay for your car a month?


drpellypo
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Just wondered. I pay about 400 per month for the Passat, but it's on a new solutions plan, so I get everything, tax, tyres, servicing included, and I get the insurance free because of a deal I secured. So that's 400 quid a month, but with no additional motoring costs except diesel. But I was wondering whether people have got better cars for less money per month? Am I wasting away my cash?

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Isn't bothering to work out your car's monthly cost, especially if you factor in everything such as depreciation, a quick way to get depressed? Surely it's best just to know that the costs, whatever they are, aren't over compromising the rest of your needs, and then just enjoy your car.

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Totally agree, if I worked out the cost of the PCP, insurance, petrol and depreciation on the TT I'd probably jump off a high building!! EEK2.GIF Its way more than the house costs me... yelrotflmao.gif

But, I love driving it, and you can't take it with you... wink.gif

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Unless im on major amounts of monies i cant see the logic of getting a new or new'ish car on finance. The thought of all that interest is enough to put me off.

There are plenty of cars out there that are capable of putting a smile on your face for a lot less monies.

Is the depreciation and cost of interest really worth having the latest plate?

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I got a deal through work where I got everything thrown in on PCP for about £300 a month less than I could have gotten it myself (another dealer I tried were looking at £650pm and wouldn't insure me because I was 22.) No worry of depreciation because in two years I can either roll on the contract and get a new one, or give it back. My P reg Passat cost 5k, then another 3k in repair bills, and I sold it for £1,600, so in theory ended up costing me nearly as much as my 22k brand new car!

Hang on, am I justifying here? I think I am.

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I have no idea, and I don't want to work it out either or I might sell the fecker.... crazy.gif

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....Most likely that YOU wouldn't want to "sell the fecker" but that Captain Sensible would want to. Best solution is to lock Captain Sensible in the garden shed! grin.gif. He tried very hard to persuade me to get a TDI instead of a GTI by all this money talk. Which reminds me, I better go down the garden and take him a cup of coffee.

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[ QUOTE ]

[ QUOTE ]

I have no idea, and I don't want to work it out either or I might sell the fecker.... crazy.gif

[/ QUOTE ]

....Most likely that YOU wouldn't want to "sell the fecker" but that Captain Sensible would want to. Best solution is to lock Captain Sensible in the garden shed! grin.gif. He tried very hard to persuade me to get a TDI instead of a GTI by all this money talk. Which reminds me, I better go down the garden and take him a cup of coffee.

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So true RR! grin.gif

My car only costs me on tyres, brakes, servicing, depreciation, insurance, tax and repairs. I still don't want to add that little lot up though..... crazy.gif

I don't have a garden shed, I wonder where my Captain Sensible is hiding..... mad.gif

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Landrover

----------

Bought cash

£19.75 pm insurance

£13.33 pm tax

and never more than £200 in parts each year

I only get stung when it comes to driving it anywhere at about 12mpg, but for its occassional use its a cheap tow vehicle for me grin.gif

Mini

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Bought cash

£44.91 pm insurance

£9.10 pm tax

and anything upto a grand a year on bits :rolleyes

About £80 pm on fuel, cheapish fun motoring 169144-ok.gif

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Calculated this just the other day..... overall, by the time i take my Car Allowance, a bit of profit made on the mileage payments, the tax relief from the mileage payments and then pay for the car, servicing and tax / ins, it comes out somewhere in the region of £250 per month.....

Obviously, that is averaged over the 12 month year - actually monthly costs are higher. E.g. tax relief is payed May time(ish) and is usually circa £1k 169144-ok.gif

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I pay £240 pm to bank and £75 a month for insurance. All other running costs have come down because I'm not working at the moment due to serious illness. frown.gif (No it wasn't a mental illness, before you ask wink.gif) but once I get back to working life - all immediate costs come down to how many miles i'll be doing (tyre wear, servicing intervals..etc)

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