drivers for change
To celebrate a year of togetherness with Thomas, Excel has reviewed the financial side of our relationship. This is what Excel says:.
- £350.00 (approx) Fully comp insurance with lots of nice stuff
- £35.00 (approx) annual MOT
- £33.00 (approx) annual road tax
- £350.00 (approx) Service costs for a car with over 80K milage
- £830.53 (exact) Diesel costs
This is less than the annual financial cost of commuting to and from work using public transport and on foot. At a non financial level Thomas cuts 2 hours a day from that commute time, an uncomfortable journey, no seats, 2 changes that involve standing outside and jostling to get a place on the next stage of the journey.
Changing my commute will be a core driver for changing my job…
July 2nd, 2010
Excel forgot, interest and deprecation (in price) the two major costs of car.
I see you are not economist
=
But of course it is worth the cost, you live just one time…
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July 2nd, 2010
Daniel – please check the comment rule that cites irritating pedantry.
This is annual costs after purchase, framed by outgoings and income within a year. There are not interest payments and depreciation acts on the purchase-price which only has a real impact on annual income if you plan to sell the car.
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July 2nd, 2010
Sorry, I will try to become more law-abiding citizen of the blog from now on.
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