Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 05-21-2019, 07:37 PM   #41
Dryer sheet aficionado
 
Join Date: Sep 2018
Posts: 48
Considering the frugality of what I drive, I thought I would spend the time to calculate mine:

Very nice 1999 Chevy (Geo) Metro with 6400 mile average per year. Paid $2000 for it four years ago.

Gas $0.055 ($350/year)
Insurance 0.053 ($340/year)
Service 0.007 ($50/year)
Reg/Tax 0.000 ($11/year)
Deprec 0.000 (car is appreciating)
------------------
Total $0.115 per mile
__________________

__________________
Leaving @ 55 (March 1, 2022)

“A calm and modest life brings more happiness than the pursuit of success combined with constant restlessness”
- Albert Einstein
rmcelwee is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 05-22-2019, 11:41 AM   #42
Thinks s/he gets paid by the post
 
Join Date: May 2014
Location: Utrecht
Posts: 2,630
Are you maintaining it yourself?
__________________

Totoro is offline   Reply With Quote
Old 05-22-2019, 02:41 PM   #43
Dryer sheet aficionado
 
Join Date: Sep 2018
Posts: 48
Quote:
Originally Posted by Totoro View Post
Are you maintaining it yourself?
If you are asking me, yes I do all my own maintenance. The only thing I have ever taken a car to the shop for in the past 35 years was new tires and sometimes an alignment because I can't mount them myself. I did the alignment myself on the Geo using string and a carpenters square. Hmm, I did get a head decked and block re-bored one time when I bought a car with a blown engine.
__________________
Leaving @ 55 (March 1, 2022)

“A calm and modest life brings more happiness than the pursuit of success combined with constant restlessness”
- Albert Einstein
rmcelwee is offline   Reply With Quote
Old 05-22-2019, 05:30 PM   #44
Recycles dryer sheets
 
Join Date: Aug 2017
Location: claremont
Posts: 128
1995 Mazda truck, 1998 VW Jetta

10 cents gas which is over 30 MPG.
2 cents insurance. Liability only since 2003
11 cents repair
2.5 cents for registration and tax

My vehicles don't depreciate, they disintegrate. Value is exactly the last repair bill plus salvage value at LKQ. So total purchase price divided by total mileage, about 7 cents
indiajust is offline   Reply With Quote
The BMW is out
Old 05-23-2019, 01:37 PM   #45
Recycles dryer sheets
 
Join Date: Nov 2010
Location: Crossville
Posts: 73
The BMW is out

Unless you are getting a lot of pleasure out of the 2K/year miles being put on the BMW, I would get rid of that. Way too much cost per mile compared to the other two, much of it taken up by excessive maintenance costs both because it is a German car, and also because of the low mileage driven.

The wife and I have two vehicles and hers is only driven about 2K miles per year as well, but they are needed miles. Plus it is an H3 and she feels extremely safe in it, so our situation is both a little similar in miles put on a vehicles, but also dissimilar since we only have two cagers.
ychuck46 is offline   Reply With Quote
Old 05-23-2019, 04:11 PM   #46
Full time employment: Posting here.
 
Join Date: Dec 2006
Posts: 525
Quote:
Originally Posted by RE2Boys View Post
Way to much work to compute for this retiree!
++++1

Enjoy life. Find something more interesting to " think " about.
wolf is offline   Reply With Quote
Old 05-23-2019, 07:40 PM   #47
Recycles dryer sheets
 
Join Date: Apr 2013
Location: Beach and Mountain
Posts: 413
Quote:
Originally Posted by ychuck46 View Post
Unless you are getting a lot of pleasure out of the 2K/year miles being put on the BMW, I would get rid of that. Way too much cost per mile compared to the other two, much of it taken up by excessive maintenance costs both because it is a German car, and also because of the low mileage driven.

That is the whole and only point of having the BMW. It is fun to drive. Otherwise, I drive my 2003 Subaru.
Z3Dreamer is online now   Reply With Quote
Old 05-23-2019, 07:44 PM   #48
Recycles dryer sheets
 
Join Date: Apr 2013
Location: Beach and Mountain
Posts: 413
Quote:
Originally Posted by RE2Boys View Post
Way to much work to compute for this retiree!
Just had shoulder surgery, so I can't do my normal retiree stuff. And re-arranging my sock drawer is too emotionally draining, so I compute the data while watching all the bad daytime shows I can find.
__________________

Z3Dreamer is online now   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Trend towards high deductible plans, cost-shifting/cost-sharing explanade Health and Early Retirement 33 12-26-2015 08:25 PM
How much does car color play a part in your car purchase decision? easysurfer Other topics 37 05-14-2011 09:10 AM
New car extended warranty cost/value? rjk514 FIRE and Money 51 04-10-2007 09:45 AM
New car, old car, same car? cute fuzzy bunny Other topics 74 06-15-2006 04:27 PM

» Quick Links

 
All times are GMT -6. The time now is 09:22 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2019, vBulletin Solutions, Inc.