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G4EBT > CAR 21.02.08 20:22l 191 Lines 5811 Bytes #999 (0) @ WW
BID : 3E8013G4EBT
Read: GUEST
Subj: Re: Running costs (VK2AAB)
Path: DB0FHN<DB0MRW<DK0WUE<DB0RES<ON0AR<GB7FCR
Sent: 080221/1657Z @:GB7FCR.#16.GBR.EU #:62503 [Blackpool] FBB-7.03a $:3E8013G4
From: G4EBT@GB7FCR.#16.GBR.EU
To : CAR@WW
Barry, VK2AAB wrote:-
> Hello, We were talking of costs of repairs insurance etc etc of
> maintaining a car. Does anyone have an idea of how much their car
> costs per KM over a period of years ?
That depends upon a whole range of variables - engine size, how many kms a
year, whether in urban or rural conditions, type of fuel, driving style,
maintenance costs, warranty arrangements, and so on.
In the UK, three-yr warranties are commonplace, but some cars - eg,
Hyundai, have five-yr warranties, and some Korean cars have seven-yr
warranties.
This may not amount to much if the trade-in value of the car plummets like
a stone, but I'd have thought that any maker confident enough to offer a
seven-yr warranty is unlikely to make duff cars.
The major cost is depreciation.
For many, buying a car is an emotional decision rather than carefully
thought out and rational. A triumph of marketing over common sense.
But we all convince ourselves that we've made a shrewed decision.
In Australia, the National Roads and Motorists' Association carries out
a Private Operating Costs Survey, which in 2007 expanded the number of
vehicles covered to over 500 new vehicles.
The costs are based on 15,000kms/year.
I make no claims for the accuracy of this survey - I've no idea of the
sample size and whether the costs are those predicted, or historic, and
whether they simply reflect what members tell the NRMA. Anyone who wants
to know more about the methodology can check it out on the NRMA website.
FWIW here's what the NRMA says:
Quote:
We look at the comparative costs between the cheapest cars to operate and
the better equipped variants within the same model group as well as those
available from other manufacturers that may include additional safety
features like:
ABS brakes and stability control
Offer better occupant/pedestrian safety ratings
Have lower harmful emission ratings.
Using the Private Operating Costs with information from the ANCAP crash
test program and pollution ratings from the Australian Greenhouse Office
our Members can make better informed decisions.
In this year's survey the results clearly show that the least expensive
cars to operate are assembled in Korea - making up 6 of the 8 class
winners.
A direct impact on operating costs between 2006 and 2007 on the Holden
Viva manual sedan, the least expensive to operate small car in both years,
shows that although fuel prices have stabilised, insurance, interest and
maintenance costs have increased making it $5.00 per week more expensive
in 2007 to own over the five year period than the corresponding period in
2006.
The cheapest car to operate was the Hyundai Getz at $119.53 a week:
Over 46.4% is for Capital Costs (Depreciation & Interest)
21.3% is for fuel at $25.46 a week
20.1% is for Standing Costs (Registration, CTP Insurance,
Comprehensive Insurance and NRMA Basic Care cover)
12.2% is for tyres, maintenance and repairs.
The most expensive vehicle to operate was again a large SUV - the Toyota
LandCruiser Sahara Turbo Diesel 6 cylinder at $413.86 - almost 3 times
more expensive to operate than the Getz with:
Over 71.5% for Capital Costs
11.45% for fuel at $47.40 a week
9.7% for Standing Costs
Just over 7.3% for tyres and maintenance
The VFACTS survey for NSW May 2007 shows year to date Diesel and Hybrid
car sales are over double that of 2006 which indicates people are buying
more fuel efficient and environmentally friendlier cars in large numbers.
In fact the only segment showing a significant drop is that of large
Sports Utility Vehicles with sales down year to date 16.9% on 2006 data.
LPG cars are also recording increased volumes of 37% on the previous year.
The results in each category of car for the
least expensive cars to operate cars are:
Light: Hyundai Getz S TB upgrade 3D hatchback 1.4 L 5 SP manual
A) Fuel costs/week $25.46
B) Running costs/wk $64.06
C) WOL costs/km $41.44
D) WOL costs/week $119.53
Note: "WOL = "Whole of Life".
Small: Holden Viva JF MY07 4D sedan 1.8 L 5 SP manual
A) $30.88
B) $74.95
C) 48.54
D) $140.01
SUV Compact: Hyundai Tucson City 4D wagon 2 L 4 SP auto selectronic
A) $38.39
B) $82.98
C) $62.63
D) $180.65
Medium: Holden Epica CDX EP 4D sedan 2 L 5 SP manual
A) $34.22
B) $83.65
C) $63.58
D) $183.41
Large: Mitsubishi 380 ES DB series II 4D sedan V6 3.8 L 5 SP manual
A) $47.57
B) $90.28
C) $69.88
D) $201.57
SUV: Medium Holden Captiva SX CG 4D wagon DT4 2 L 5 SP manual
A) $32.75
B) $83.61
C) $73.90
D) $213.17
People Mover: Hyundai Trajet V6 2.7 4D wagon V6 2.7 L 4 SP automatic
A) $45.49
B) $96.68
C) $75.39
D) $217.47
SUV Large: Nissan Patrol DX (4x4) GU IV 4D wagon DT4 3 L 5 SP manual
A) $46.54
B) $97.13
C) $90.47
D) $260.97
Depreciation is still the major expense of vehicle ownership.
This is starkly illustrated on a chart on the NRMA website.
The fuel prices used in 2007 survey are an average of NSW prices over the
last 12 months. This is the most accurate method to use for calculating
average costs.
Fuel Prices:
Description Cents/litre
Unleaded Petrol 125.80
Premium Unleaded Petrol 132.00
Liquid Petroleum Gas 51.90
Diesel 129.90
Source: NRMA Survey
http://www.mynrma.com.au/cps/rde/xchg/mynrma/hs.xsl/about_operating_costs.h
tm
In another bull I'll mention the guide to reimbursement rates per km and
per wk, calculated by the NRMA for those who use their private vehicle for
work, for up to a few thousand km's a year.
Best wishes
David, G4EBT @ GB7FCR
British Vintage Wireless Society Member
G-QRP Club Member, No: 1339
Cottingham, East Yorkshire.
Message timed: 16:56 on 2008-Feb-21
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