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 Post subject: Running costs
PostPosted: Wed Jan 13, 2010 10:18 pm 
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Joined: Fri Feb 09, 2007 1:52 am
Posts: 134
Location: Perth, West Oz
I keep meticulous logs of everything I do on my cars and bikes.
Last weekend I was doing some cost analysis on our number one car. Since I did the work I thought I might as well share it for anybody else that might be interested in what it costs to run a G13B :-)

Without counting purchase/depreciation/interest, it's cost us A$12,550 over 4.5 years/100,000kms. So, A$232 per month or A$125.50 per 1000kms.

Assuming we sold it tomorrow for A$2000 (but we have no plans to ever sell it) we'll lose A$3000 on the purchase price which would take it up to A$260 per month or A$155.50 per 1000kms for the fun we've had out of it. Sadly, it's not tax deductible or we might've even made a profit :-)

'93 Swift G13B bought in '01 (off a friend's mother who bought it new) cost just on A$1000 in non-fuel running costs over 100,000kms (156,086kms to 255,746kms in 54 months - August '02 to February '07). Oil and filter every 6000kms, new air filter every 18,000kms, fuel filter, plugs, and coolant every 36,000kms, plug leads around 50,000kms and front brake pads around 80,000kms. A set of four new tyres cost A$160 and the last set went 62,500kms (62,000kms on my Fireblade on the road would cost me over A$3000 just for tyres!).
It's done just over 30,000kms since I built the engine in '07.

Fuel economy around town is 13kpl at least - regardless of how hard we hammer it. Averaging fuel (98RON) at A$1.20 per litre (it did get up to about A$1.60 but is back around A$1.20 currently) over those years for 7000 litres is A$8400.
Rego/licence is A$450 per year. Third Party, Fire and Theft insurance is A$250 per year - A$3150 for 4.5 years/100.000kms.

It was A$5000 when we bought it at 120,000kms (new was A$14,000 in '93) and now they go for around $2000 for a nice one, so depreciation loss is around A$3000 over nine years (or A$11,000 over 16 years for somebody that bought it new). We bought it for cash so there're no finance fees or interest.

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