So I've been doing some man maths in my head, trying to justify future modifications to my GR86, as you would on a Sunday morning, and decided to put my incurred and anticipated costs in a spreadsheet to see how much it would actually cost me to own the car over the next 10 years.
Assumptions made:
Assumptions made:
- I keep the car for 10 years and sell at the end
- My mileage averages at 4000/year
- Fuel consumption averages at 30 mpg
- Fuel costs remains at around £1.60/l for tesco momentum
- The service plan includes all required servicing items
- There are no out of warranty repairs
- VED doesn't increase significantly in the climate change battle
- I only go through two sets of tyres during the 10 year/40k miles ownership
- The car loses half of its value during my ownership and I don't recoup costs of any extras
| GR86 ownership cost over 10 years/40k miles | |||
|---|---|---|---|
| Costs | Annual | Monthly (10 years) | |
| Car | £30960.00 | £3096.00 | £258.00 |
| Fuel 30mpg £1.60/l | £9700.00 | £970.00 | £80.83 |
| Service plan | £3225.00 | £322.50 | £26.88 |
| VED @ £165/year | £1485.00 | £148.50 | £12.38 |
| Loan interest | £1284.00 | £128.40 | £10.70 |
| Tyres | £400.00 | £40.00 | £3.33 |
| MOTs @ £50/year | £350.00 | £35.00 | £2.92 |
| First oil change | £90.00 | £9.00 | £0.75 |
| PPF | £1750.00 | £175.00 | £14.58 |
| Private Plate | £399.00 | £39.90 | £3.33 |
| Ducktail spoiler | £375.00 | £37.50 | £3.13 |
| Aero cover | £215.00 | £21.50 | £1.79 |
| Mud flaps | £178.00 | £17.80 | £1.48 |
| Ceramic coating | £94.00 | £9.40 | £0.78 |
| Carsifi | £75.00 | £7.50 | £0.63 |
| Cargo net | £38.00 | £3.80 | £0.32 |
| LED Lights | £25.00 | £2.50 | £0.21 |
| Key cover | £12.00 | £1.20 | £0.10 |
| Gross Total | £50655.00 | £5065.50 | £422.13 |
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