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What kind of gas mileage do you get?
danny_galaga:
--- Quote from: patrickl on April 27, 2008, 02:25:14 am ---You need to look at all costs and use realistic values.
Buying a new Honda civic and driving it for 4 years, costs me 600 euro a month (everything included for 15,000km a year). An old car (from it's 5th till 9th year) costs between 400 and 500 a month. Driving an even older car is a crap shoot. It could cost between 300 and 2,000 euro a month.
--- End quote ---
holy crap! thats $48000! i could just buy a 10 grand car and each year just leave it by the side of the road and buy another 10 grand car and id still be ahead! you better stop with the figures, my case is getting stronger ;)
patrickl:
Ehm, you really need to check your math. 600*48=48,000?
Buy two 10 grand cars and they will cost you a whole lot more than 28,800 over 4 years if you drive 15,000km a year (with either car)
All costs includes not just depreciation. besides depreciation you need to add insurance, fuel, maintenance, road taxes and some even add even interest lost on the initial purchase amount (if you didn;t need to borrow the money already, because then you need to add teh interest on the loan of course).
danny_galaga:
28,800 euro = $48,000 ;)
Jdurg:
Well, I bought my Civic brand new in the fall of 2003 for less than $20,000 and plan on driving it until it won't drive anymore. I'm of the philosophy that the only reason to buy a car is that you need to, not because you want to. So my Civic will probably last me another five or six years before I start thinking about getting a new one. I'd say my money was very well spent.
paigeoliver:
One minor comment.
If your business is so close to the edge that being late for a single customer could put you under, could it possibly be because your expenses are so high?
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