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Old 11-07-2010, 09:13 AM
layback40's Avatar
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Join Date: Nov 2009
Location: Victoria Australia - down under!!
Posts: 4,023
I think that if shertex takes into account the cost of his capital investment in the Honda ($26k), the old 300D will be well in front. To date the final value of the car has not been considered either. What is an 8 yo Honda worth? What is the 300D worth? If you have the 300D in 8 years & you have driven it 134k miles, you can then compare. You didnt pay $26k for the 300D.

The local motoring organization (RACV) down here publishes comparative figures each year for a range of different cars, from micros to large SUV's & gives the proper running costs. They range from 30c/km ~50c/mile to about $1 /mile for large expensive ones.

Its interesting that a figure of 50c per mile has been quoted. The tax office in Australia lets us claim 50c per km ~ 80c /mile. Craig's fuel cost per mile is closer to our per kilometer cost for fuel.
I have just been working on some numbers for a workers compensation claim & the insurance company allows 30c/kilometer ~ 50c /mile, they claim that they only pay the incremental cost, not fixed costs. The joke is they pay $120 for a 400km trip, & if you go by train, its relaxing, it costs you $36 for the trip.
Craig is well infront because he has little cost of capital, its all just running costs.
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I no longer question authority, I annoy authority. More effect, less effort....

1967 230-6 auto parts car. rust bucket.
1980 300D now parts car 800k miles
1984 300D 500k miles
1987 250td 160k miles English import
2001 jeep turbo diesel 130k miles
1998 jeep tdi ~ followed me home. Needs a turbo.
1968 Ford F750 truck. 6-354 diesel conversion.
Other toys ~J.D.,Cat & GM ~ mainly earth moving
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