Peanuts74
2017-02-10 08:22:55
- #1
Sure. The first vehicle is an Astra, year 09, bought as a nearly new car. List price ~24,000€, bought for 12,000€ from the dealer. Current value about 5,500€ with now just under 100k km on the odometer.
Depreciation thus 77€ p.m. converted
Insurance HP+TK 250€ p.a. / 21€ p.m.
Tax 108€ p.a. / 9€ p.m.
Inspection/TÜV every 2 years ~300€ or 12.50€ p.m.
Unexpected repairs approx. 1000€ / 12€ p.m.
Wear repairs approx. 500€ (set of tires, brakes once) / 6€ p.m.
Fuel 7,000 km p.a. at 1.30€ and 7.5l = 57€ p.m.
makes 195€ all-in per month.
Second vehicle, a van for the family, looks similar, is driven even less during the week, but overall has somewhat higher annual mileage due to trips on weekends etc., but was acquired cheaper in investment. Nice, used retiree vehicle with a few paint blemishes, but low km and top condition (garage kept, full service history etc.). Currently higher residual value, so liable to VK here, but HP premiums are higher (relatively poor no-claims bonus on the second vehicle) and the VK has a 1000€ deductible, because it only is supposed to cover total loss, scratches don’t matter to me and aren’t economical to cover via insurance anyway.
It could be just over 200€ p.m., but no major repairs yet. Vehicle history flawless and completely documented, never had anything to fix except normal wear.
Sure, if it’s (almost) new and/or from German brands, that’s true. But that’s also the most expensive option.
Eh? 5 years life expectancy on the 12k small car and after that it’s worthless? Completely wrong. Especially small cars are surprisingly price-stable because they are in the lower price segment.
Yes, with fully comprehensive insurance. Understandable for a new car, but irrelevant if you drive older vehicles anyway.
Or the tax hits because you drive diesel.
The interval naturally results from usage, I recently came to 7 years. My new tire set (summer tires) including mounting on existing rims just cost 280€, not 450€ as in your calculation. 16-inch wheels, ADAC top 5, so no Chinese junk.
I don’t know anyone who goes for inspection annually unless a new car warranty forces them to. Waste of money. Oil change costs 30€ materials, 50€ labor. My cars go to a major inspection and TÜV every two years and actually end up at about 300€. But I always bring the oil (Castrol Edge or something else) myself, workshop prices are crazy.
Usage-dependent. There are no sales reps in the family . Short work routes save time, money, and quality of life. For that, I have moved a few times more often in my life.
Too bad you see it so narrowly. There are people for whom cars are not a hobby, a toy, or even a status symbol (I don’t want to imply that here). Who are not commuters or like standing in traffic jams (-> NRW).
There probably won’t be a garage in the new house, maybe a (double) carport. Simply because costs for a car house are so absurd just to park a car in there.
I wash the car three times a year. Before winter, after winter, and once in summer. That’s enough. Silver and the like are forgiving colors and it doesn’t bother me at all if the car has no wax on it sometimes.
Ok, I don’t know which model you have, but an 8-year-old Astra starts at under 4000€ with less than 100000 km, but that doesn’t make a big difference. For very low mileage that might make sense, but for me alone about 200-250€ are due for petrol, accordingly also more wear repairs etc.
Otherwise, I see it similarly; for me, a car is also a utility item and in my case over 15 years old and more than a quarter million km on the clock.
I had depreciation of about 8000€ in roughly 9 years since I have had the car, but indeed higher mileage.
I just calculated it, that gives a depreciation of 74€ per month, so with Audi you even drive cheaper than with the Astra.