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Date:         Mon, 04 Dec 95 22:26:52 CST
Sender:       Vanagon Mailing List <vanagon@vanagon.com>
From:         Joel Walker <JWALKER@ua1vm.ua.edu>
Subject:      Re: Cost of Operating Vanagon

On Mon, 4 Dec 1995 12:26:00 -0600 you said: >My cost came out to pennies shy of $165.00 per month for 156 months >of ownership and at a cost of $.2246 per mile. This cost does not >gasoline or insurance. I guess gas and insurance would add about 10 >cents per mile or less.

the cost/month seems a bit high to me, if that includes ONLY maintenance items. but a few high-ticket items (like several sets of tires, shocks, or a tranny/engine rebuilt) can really upset that figure. i think the national average (for ALL costs: insurance, depreciation, gasoline, oil, tag and everything) is about $0.32/mile. which is waaay up from 10 years ago.

my 88 bus costs are grossly as follows: (for 100,000 miles) gasoline.............. $5,000.00 repairs .............. 4,600.00 maintenance .......... 3,000.00 (oil, filters, etc.) insurance ............ 4,200.00 tag/tax .............. 500.00 total .......... $17,300.00 or $0.173/mile

now, if you get picky, you have to figure the "cost" of the depreciation of the car: original cost ......... $20,000.00 <cause i bought it new> current resale value .. -6,000.00 depr ciation "cost".. $14,000.00

so the real "cost" would be 17,300+14,000 = 31,300/100,000 = $0.313/mile

so, even with all the money that i've spent on the bus, i still come out pretty much the average cost/mile. i think. :)

joel


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