No wonder I'm always skint....
Discussion
I created this on another forum and got a pretty good response, have a read and take the plunge!
Alright guys and dolls,
I was having a chat with the girlfriend the other evening and she gave me a right ol' ticking off for continuing to spend so many pennies on anything car orientated...
So I sat down and worked out the following - not sugar coating it or owt.
Driving career of 3 and a half years.
In that time I've purchased cars to the value of £24,500
I've purchased insurance to the value of £7,500
In 3 and a half years I've spent £32,000 on cars without taking fuel, servicing, etc into consideration. Thats like £9000 a year - if you ask me that is dangerously high? I could have a good deposit for a house saved there and be rolling in a Porsche Boxster or R32.
So then, lets see whose a playa and who scrimps and saves (I think the latter is the better option...pfft!)
1. Cosmic - Matt £9000 a year.
Alright guys and dolls,
I was having a chat with the girlfriend the other evening and she gave me a right ol' ticking off for continuing to spend so many pennies on anything car orientated...
So I sat down and worked out the following - not sugar coating it or owt.
Driving career of 3 and a half years.
In that time I've purchased cars to the value of £24,500
I've purchased insurance to the value of £7,500
In 3 and a half years I've spent £32,000 on cars without taking fuel, servicing, etc into consideration. Thats like £9000 a year - if you ask me that is dangerously high? I could have a good deposit for a house saved there and be rolling in a Porsche Boxster or R32.
So then, lets see whose a playa and who scrimps and saves (I think the latter is the better option...pfft!)
1. Cosmic - Matt £9000 a year.
CosmicMatt said:
I created this on another forum and got a pretty good response, have a read and take the plunge!
Alright guys and dolls,
I was having a chat with the girlfriend the other evening and she gave me a right ol' ticking off for continuing to spend so many pennies on anything car orientated...
So I sat down and worked out the following - not sugar coating it or owt.
Driving career of 3 and a half years.
In that time I've purchased cars to the value of £24,500
I've purchased insurance to the value of £7,500
In 3 and a half years I've spent £32,000 on cars without taking fuel, servicing, etc into consideration. Thats like £9000 a year - if you ask me that is dangerously high? I could have a good deposit for a house saved there and be rolling in a Porsche Boxster or R32.
So then, lets see whose a playa and who scrimps and saves (I think the latter is the better option...pfft!)
1. Cosmic - Matt £9000 a year.
BoRED S2upid - £750 this year (Classic Mini)
Alright guys and dolls,
I was having a chat with the girlfriend the other evening and she gave me a right ol' ticking off for continuing to spend so many pennies on anything car orientated...
So I sat down and worked out the following - not sugar coating it or owt.
Driving career of 3 and a half years.
In that time I've purchased cars to the value of £24,500
I've purchased insurance to the value of £7,500
In 3 and a half years I've spent £32,000 on cars without taking fuel, servicing, etc into consideration. Thats like £9000 a year - if you ask me that is dangerously high? I could have a good deposit for a house saved there and be rolling in a Porsche Boxster or R32.
So then, lets see whose a playa and who scrimps and saves (I think the latter is the better option...pfft!)
1. Cosmic - Matt £9000 a year.
BoRED S2upid - £750 this year (Classic Mini)
Not as much as some but I don't earn as much as a lot of you!
Money spent modifying Civic: £1000
Value of written off Civic: £1500
Purchase of Clio: £450
Purchase of BMW: £1500
Purchase of CRX: £275
Money spent on CRX: £1100
MOTs: £90
Tax: £200ish
Insurance: £700
Total: £6815 so call it £7000ish
ETA thats in the last 3 months.
Money spent modifying Civic: £1000
Value of written off Civic: £1500
Purchase of Clio: £450
Purchase of BMW: £1500
Purchase of CRX: £275
Money spent on CRX: £1100
MOTs: £90
Tax: £200ish
Insurance: £700
Total: £6815 so call it £7000ish
ETA thats in the last 3 months.
Edited by Eddh on Friday 19th September 12:50
k did i do that!! 
No loan, no cost.
Servicing (3x) 300 quid.
Fuel, get paid 40p per mile business miles, probably slightly up here - lotta business miles
Replacement wheels and tyres 1350 quid
Insurance - 600 quid ish (unlimited miles, business cover)
1 x can wd40, 1 x can white grease, 1 x large bottle of car wash = about 10 quid
Dentist (replacing fillings) 100 quid
Ear surgeon (replacing hearing) 200 quid
Plastic Surgeon (removing fixed grin from face)..... TBA
Reality - this year has been dear on tyres and replacing flaking chrome wheels, but generally I spend about a grand a year for 30,000 miles including insurance. Contrary to popular "gas guzzler" belief, I get around mid-high 20's to the gallon on average (town and longer runs combined), so fuel would be quite a large factor without the business miles claim-back.
Value for money.
Servicing (3x) 300 quid.
Fuel, get paid 40p per mile business miles, probably slightly up here - lotta business miles
Replacement wheels and tyres 1350 quid
Insurance - 600 quid ish (unlimited miles, business cover)
1 x can wd40, 1 x can white grease, 1 x large bottle of car wash = about 10 quid
Dentist (replacing fillings) 100 quid
Ear surgeon (replacing hearing) 200 quid
Plastic Surgeon (removing fixed grin from face)..... TBA
Reality - this year has been dear on tyres and replacing flaking chrome wheels, but generally I spend about a grand a year for 30,000 miles including insurance. Contrary to popular "gas guzzler" belief, I get around mid-high 20's to the gallon on average (town and longer runs combined), so fuel would be quite a large factor without the business miles claim-back.
Value for money.
CosmicMatt said:
In 3 and a half years.
I've purchased cars to the value of £24,500
I don't think I've spent that in 25 years. I've purchased cars to the value of £24,500
2 people owning 2 vehicles over that time has cost £8K in depreciation. possible that is 20 cars and motorbike.
Insurance has NEVER been more than £350 each per year.
Rover Sterling Coupe £650
Decoding ecu £300
New clutch £280
Service £180
MOT £45
Insurance £280
Fuel - £500 a year (one tank a month average)
Depreciation £ close to zero
So for my station hack £ 2235 for the last 12 months
The Honda
Repayments alone £3360
Decoding ecu £300
New clutch £280
Service £180
MOT £45
Insurance £280
Fuel - £500 a year (one tank a month average)
Depreciation £ close to zero
So for my station hack £ 2235 for the last 12 months
The Honda
Repayments alone £3360
Edited by Gargamel on Friday 19th September 14:12
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