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How Much Per Mile


swift911

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I’ve only done 120 miles in the last year.

So taking into account Insurance, tax, MOT and its annual service. It comes to about £900. That’s not including the petrol and annual valuation.

Making it £7.50 per mile.

I can’t really blame Lockdown, the previous year was worse.

Hopefully this summer will be better and I can  find some time to use it.

 

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  • 2 weeks later...

No idea on last years mileage, but I typically do between 3-5k in a year.

So I got a lot of catching up to do hopefully this year, bring on many smiles and miles 

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  • 2 months later...

£7.50 a mile for a car kept in ready to use conditions is not bad given the restrictions - you could have SORNed it though as you can tax month to month (tax for 12 at a time and then de-tax when it is off the road and bank the refund).

I once did a total cost of ownership analysis for a client's low-mileage GT3 as part of a bigger exercise comparing total life costs on a basket of cars that were potential replacements. He had spent more than £8 a mile in 18 months when you factored in dealer margins, part ex allowances and disposal commissions etc. So every run down the High Street for coffee was over £50. That is some expensive coffee!

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On 23/04/2021 at 13:32, World Citizen said:

Any driving mile in a 911 is priceless

My 930 has done 0 miles in the last 7yrs and still cost me over £5k 😢

OK well £5k set against market shifts: it is still earning money. Good work 👍🏻

On 23/04/2021 at 16:32, Beaky said:

Imagine what something like a Bugatti Veyron cost per mile :o

But then what would you pay to do a mile in a Veyron? It is cost vs reward, right? It is not all cost 👍🏻

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