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| Thread ID: 89698 | 2008-05-09 02:15:00 | Cost of car. | Cicero (40) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 667508 | 2008-05-09 05:50:00 | Hi C. You could tell your friend that if successive governments create good public transport and convince him to use it, his costs per km will increase. Working on the fact that the car costs, depreciation, garaging, insurance, etc., will all remain static per year while he does less km's. Sort of Catch 22 really. | Scouse (83) | ||
| 667509 | 2008-05-09 05:58:00 | Hi C. You could tell your friend that if successive governments create good public transport and convince him to use it, his costs per km will increase. Working on the fact that the car costs, depreciation, garaging, insurance, etc., will all remain static per year while he does less km's. Sort of Catch 22 really. Thank you S,fact is no public transport in Swanny,one wants to be fare when charging chum. |
Cicero (40) | ||
| 667510 | 2008-05-09 06:30:00 | Hi C. Wife and I were not too far from you few weeks ago, having breakfast at the bakeshop almost opposite the pub in Kurow after coming up through Dansey's Pass. God, that pub is painted in terrible colours - I know he is supporting his team - but terrible colours for a country pub. www.imagef1.net.nz |
Scouse (83) | ||
| 667511 | 2008-05-09 07:08:00 | Hi C. Wife and I were not too far from you few weeks ago, having breakfast at the bakeshop almost opposite the pub in Kurow after coming up through Dansey's Pass. God, that pub is painted in terrible colours - I know he is supporting his team - but terrible colours for a country pub. www.imagef1.net.nz That pic looks like it was taken by a S5600. You should have dropped in,though Kurow is a bit far from Swanny. |
Cicero (40) | ||
| 667512 | 2008-05-09 08:20:00 | Not sure if still stands now . In the past I have est . that it cost $2,000 per year to maintain the car - like the road fee, the WOF and insurance and general maintenance of the car - but without doing major repairs and not incl petrol . Assuming of course the car is paid off . . and no need to finance it . Fwiw we use the car once in the w'end and other time I just use the bus to work and back home . When I go out for my own for extended time I use the bus . $40 last me around 4 weeks or such . Folks gone overseas so been looking at that . . . Also looking at how much can a budget be . |
Nomad (952) | ||
| 667513 | 2008-05-09 09:03:00 | Not sure if still stands now . In the past I have est . that it cost $2,000 per year to maintain the car - like the road fee, the WOF and insurance and general maintenance of the car - but without doing major repairs and not incl petrol . Add in petrol work out the depreciation using the same formula as the insurance companies use and you will find the true cost of owning a (approx figures) 4 years old around 2L works out to around $180 a week :crying |
gary67 (56) | ||
| 667514 | 2008-05-09 09:36:00 | Add in petrol work out the depreciation using the same formula as the insurance companies use and you will find the true cost of owning a (approx figures) 4 years old around 2L works out to around $180 a week :crying :stare: For me, yearly excluding petrol is $1554. That includes comprehensive insurance, years worth of warrants/rego. 2x 6 monthly car servicing fees (I made the figure a little higher than what I actually spend most of the time, to make up for things that get replaced every now and then like brake pads, coolant, power steering fluid), yearly wheel alignment, and i also split the cost of tyres which will be replaced every 3 years, and $80 worth of car 'beauty' products (wax etc.). Once my insurance no claims discount (65%) kicks in this year, that would make next years total $1290 yearly. If you also factor in more major things like cambelt replacment which is due lets say every 5 years (provided you drive less than 100,000 k's within that period - this is true for me, most is 5,000 k's in a year), then from original $1554, should cost me $1694 yearly, all "averaged". Realistically, you don't pay that much. Don't have to factor in depreciation here, car was given significantly higher valuation (had to do it to prove the point to the insurance company) last week than what I actually paid for it a year ago. Very interesting that you got close to $10,000 in the year for a 4 year old car, I guess depreciation/insurance must be HUGE portions of that figure, or the car is just terribly unreliable? Formulas would be great. *EDIT - sorry, just read that your figure does include petrol rather than exclude as I had somehow originally read it to say :D Still, that is a big differene, $33 weekly vs. $180. What makes up this extra $147 weekly? |
Deathwish (143) | ||
| 667515 | 2008-05-09 09:53:00 | Just out of interest, how diff are the insurances . Say for comprehensive cover . How much of a surcharge do they place upon a car that is turbo charged? And how much do they put on a german car? Is a car just a car via their own value or do they sig . charge more just cos its german? Do some cars get charged more if its a higher risk of being stolen or broke into? I never liked Japanese cars cos they are too popular, but for something like a Audi 6yr old 3L turbo 4dr 4WD sedan - what would a insurance company charge for that? |
Nomad (952) | ||
| 667516 | 2008-05-09 09:56:00 | $40.95, as is, where is. Written off due to intermittent fuel problem. | R2x1 (4628) | ||
| 667517 | 2008-05-09 10:27:00 | Just out of interest, how diff are the insurances . Say for comprehensive cover . How much of a surcharge do they place upon a car that is turbo charged? And how much do they put on a german car? Is a car just a car via their own value or do they sig . charge more just cos its german? Do some cars get charged more if its a higher risk of being stolen or broke into? I never liked Japanese cars cos they are too popular, but for something like a Audi 6yr old 3L turbo 4dr 4WD sedan - what would a insurance company charge for that? For exact figures, you have to call for quotes, and do shop around . For me, I was quoted anywhere between where I am now of ~$460 yearly for comprehensive, and $3000 . Also ask about excess, some will give you a low quote and forget to mention they can only offer you a $1500 excess because of your age . To answer some of your questions, comprehensive insurance can cost twice to three times as much (or more) than Third Party/Fire/Theft insurance, you may not care to have it since the main difference is that it also covers for damage on your own car but I just like the peace of mind . Generally you also get the option for some fairly cheap windshield cover which really pays for itself if you have to replace the windshield even once in 5 years . I don't think they will charge extra simply because it is a German car, or at atleast I hope not, I do know however that they will charge you more for a Porsche/Mercedes than they will for an Audio/VW . It is also dependant on body style of the car . They add more to the premium if it is a coupe . The insurance companies are ESPECIALLY picky about this one . To give you an example, when I was calling up for quotes, AMI would cover me with my MR2 and even if they did, it would cost me over $2,500 with $1,500 excess, but I later called back with the quote number I had and asked if they would instead cover me for a Toyota Curren (the info I gave them was for a Curren with EXACT same engine as in my MR2 - 3sge), and they said they would happily do this for me for around $1500, $1500 excess . This was a investigation mentioned by a friend on the MR2 forums, and I find it very funny considering the power output of the cars is so similar, just one is F/F, other is M/R . The cars are just cars via their own value . They have strange caluclators which devalue cars by massive % depending on their age, mileage seems to be completely disregarded so unfortunately if you have a 10 year old car with 50k k's on it, it will not be worth any more to them than one with 200k k's . They will ask you first how much you want to cover it for, if that figure is lower than their own estimate, they are happy, if it is higher they will decline . Some will accept if you can prove it via a valuation (actually it's a tough time to get a valuation now too because cars have gone down by a lot in the past 1~2 years) . Every year the company will also lower your premium which is good news, BUT they will very sneakily lower the insured value as well, so again if you want to have it covered for what you believe is fair, you have to spend a bit more and go through the valuation process again . If the car is at a higher risk of being stolen/broken into, they also charge more . If you park your car outside/on the road, it is more at risk than in the garage . If the car has modifications, many companies will not cover it . There is one called NAC which does, but they charge ALOT . Just for reference, before you get a car get lots of info . about it including all after market modifications . Get quotes from a range of insurers (or go to a broker) and let them know of the car's details aswell as the modifications . Most companies have a rule of what value the modifications can go up to (I found a few are 20~30% of the cars value is max modifications value) . Also, try not to buy a car that has been lowered or had significant amount of 'aesthetic' modifications done . Ie . don't buy from an idiot boy racer . Most tend to do so many modifications without considering safety at all -> lower the car with lowering springs, but don't bother getting things adjusted or replacing shocks, or, increasing the power by turbo/exhaust & intake mods but not bothering with important things like getting stronger/bigger brakes . Turbo/Supercharger adds quite significantly to premium costs too, but from a guess, I would say a nice family wagon Audi should cost alot less to insure than an Audi TT for example . If you've had no history, or bad history with insurance then they may choose not to offer you a no claims bonus from beginning and they will up your premiums too . If you are a young person with not much driving experience, same applies . What helped me in my case was to have my dad as the owner and me as a listed driver of the vehicle . It made prices significantly cheaper, and according to my insurance company if I can obtain a good record for another 5 years, I can get a car under my own name and get low premium/excess and advantage of no claims bonus from the beginning - of course as long as it is not a turbo . |
Deathwish (143) | ||
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