this post was submitted on 15 Jan 2024
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I keep meaning to look at exactly what my small car costs per year.
Last estimate was £1000 a year on fuel, parts, and maintenance.
Which is equivalent to 50+ hours of car club use.
For now, I have too many "shit, I need to get this large/heavy object 5 miles away" moments to make it worth it.
But long term, I kinda like the idea of not having to worry about the car.
Insurance and depreciation are the bigger costs I think, but even ignoring those; if you have “heavy objects” less than once a week it would probably still be cheaper to just rent a van when you need it. Convenience might be an argument but yeah that’s what you pay the big bucks for.
That figure actually includes depreciation and insurance! In fact, almost half of it is just the bloody insurance... Though I should possibly make an allowance in the figure for future repair work, as it's an older car.
I think once my big project (and associated last second trips to the builder's merchant) is finished, I'll have a go at living without the car.
My housemates may not be too happy about the private taxi service shutting down though!
Average car insurance cost in London is 1200-1600, surely yours isn’t less than half that?
That's the benefit of not-london and a small car: It's under £500!