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Bangernomics Schedule


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89 replies to this topic

#1 OFFLINE   wrenchvolt

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Posted 08 August 2018 - 12:19 PM

I use a spreadsheet to keep track and budget car running costs. I've produced a schedule for the generic shitter car that maybe of interest to someone. I've posted some screenshots below and would be happy to email the file directly to anyone who wants it. If you have any corrections of improvements to add that would be awesome.

 

It was produced on OpenOffice so may have formatting glitches in Excel.

 

gencost1_zpsr3vap3le.png

 

gencost3_zpswvneojdy.png

 

gencost2_zpsb28zmewx.png

 

gencost%204_zps0sf1gvri.png

 

This guy has a good book and his Youtube is a great source of info. I think he deserves more views and comments IMO.

 

https://www.youtube....MRDDsKE17F0LxNg


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#2 OFFLINE   320touring

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Posted 08 August 2018 - 12:30 PM

Good work - I use the"my cars" app to do similar on my phone - get some useful data (although the pence per mile can make you weep!)

Even just tracking the fuel consumption is useful - a sudden drop indicates a problem (e.g. dragging caliper)
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#3 OFFLINE   Nibblet

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Posted 08 August 2018 - 12:54 PM

Blimey.
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#4 OFFLINE   FOAD

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Posted 08 August 2018 - 01:12 PM

Whatever floats your boat...



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#5 OFFLINE   Dick Longbridge

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Posted 08 August 2018 - 01:23 PM

2000 miles annually? Erm...
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#6 OFFLINE   Tamworthbay

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Posted 08 August 2018 - 01:27 PM

I love the resale value on the first pic £8.33, sounds right for most of my dailies over the last few years.
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#7 OFFLINE   wrenchvolt

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Posted 08 August 2018 - 02:53 PM

Whatever floats your boat...



Sent from my G3311 using Tapatalk

LOL! I'm a sick puppy.

 

 

2000 miles annually? Erm...

 Yes fair point. It was when I had my Clio for runs to the tip and groceries. The schedule has a formula that you can easily input your own figures


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#8 OFFLINE   wrenchvolt

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Posted 08 August 2018 - 02:56 PM

I love the resale value on the first pic £8.33, sounds tight for most of my dailies over the last few years.

Yeah, that's £8.34 as total /24 to give monthly figure to offset monthly costs. I can tell by some of the comments this isn't normal is it? LMAO.


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#9 OFFLINE   wrenchvolt

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Posted 08 August 2018 - 02:58 PM

Tamworthbay, I tried to PM you but I think your inbox is full.



#10 OFFLINE   wrenchvolt

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Posted 08 August 2018 - 03:04 PM

Even just tracking the fuel consumption is useful - a sudden drop indicates a problem (e.g. dragging caliper)

 

Good point and duly noted.



#11 OFFLINE   oldcars

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Posted 08 August 2018 - 03:07 PM

If i did one if these i would lose the will to live the amount i have spent on cars. I prefer the ignore it method but each to there own.


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#12 OFFLINE   Captain Furious

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Posted 08 August 2018 - 03:08 PM

When I have previously engaged in bangernomics my formula was

 

buy - drive - spend nothing - sell for spears and reapers

 

I certainly wasn't buying them de-ionized water and timing belt kits or any of that nonsense.  I never even changed the oil in my Mk6 Escort


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#13 OFFLINE   wrenchvolt

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Posted 08 August 2018 - 03:16 PM

Fair enough capt. The only thing I care about with my vehicles is reliability. All of my stuff over the last 20 or so years has been +10 years minimum. My non-start or breakdown rate is no worse (in many cases better) than friends and family running way newer stuff. My personal stance is using and chucking something (that with a bit of work could become alright), is a bit wasteful, although I did that with the Clio. A persons vehicle is theirs to do with as they please of course.


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#14 OFFLINE   derskine

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Posted 08 August 2018 - 03:17 PM

When I have previously engaged in bangernomics my formula was

 

buy - drive - spend nothing - sell for spears and reapers

 

I certainly wasn't buying them de-ionized water and timing belt kits or any of that nonsense.  I never even changed the oil in my Mk6 Escort

 

Yeah, same here. Buy only what's necessary to keep it running and driving.


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#15 OFFLINE   wrenchvolt

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Posted 08 August 2018 - 03:20 PM

I do agree with you guys to a large extent. The schedule is for the generic vehicle with the average amount of money to spend to achieve just that. The problems that need sorting may vary, but the money usually comes out about the same, on average, in my limited experience.



#16 OFFLINE   wrenchvolt

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Posted 08 August 2018 - 03:21 PM

by generic vehicle I do mean a shitter.



#17 OFFLINE   Tamworthbay

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Posted 08 August 2018 - 03:25 PM

Tamworthbay, I tried to PM you but I think your inbox is full.

Cleared a load of stuff now so should be ok, didn’t now you could fill it up on here and got no warning. Any probs sending me a pm, send me a pm ;-)

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#18 OFFLINE   wrenchvolt

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Posted 08 August 2018 - 03:27 PM

Less cost of fuel the average cost of reliable shitter ownership in my experience is about £85.00 per month. Therefore, I argue my hobby is beneficial to the household and saves money compared with UK average car running costs.



#19 OFFLINE   bezzabsa

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Posted 08 August 2018 - 03:39 PM

I have found out that 'bangers' are usually more reliable than newer more expensive cars..

I have purchased 2 cars on finance , and both went tits up in less than 12 months..1 grenaded its engine the other developed electrical gremlins that would make a 70's Italian car blush..


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#20 OFFLINE   wrenchvolt

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Posted 08 August 2018 - 03:43 PM

That's a real shame bezzabsa. I suppose luck plays a large factor too. But 2 newer cars going tits up like that is nuts!



#21 OFFLINE   anonymous user

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Posted 08 August 2018 - 04:56 PM

I hope my arithmetic is right, but that seems to work out at about 41pence per mile. I daren't work it out for the Land Rovers, but am happier with the £40 per week on diesel compared to the £70 a week on petrol. When I worked it out years ago on my new Fiat Panda, over three years and losing over half the value of the car, it was less than 20 pence per mile (tyres, service, insurance, ved, all included). I was doing 20,000 miles per year though and the Panda averaged 50mpg. At that sort of mileage per year mpg becomes important.
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#22 OFFLINE   wrenchvolt

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Posted 08 August 2018 - 05:06 PM

I hope my arithmetic is right, but that seems to work out at about 41pence per mile. I daren't work it out for the Land Rovers, but am happier with the £40 per week on diesel compared to the £70 a week on petrol. When I worked it out years ago on my new Fiat Panda, over three years and losing over half the value of the car, it was less than 20 pence per mile (tyres, service, insurance, ved, all included). I was doing 20,000 miles per year though and the Panda averaged 50mpg. At that sort of mileage per year mpg becomes important.

I'm too lazy to check the calculation, I am anal but I have my limits!. However, Your point is logical and cogent to me and is most welcomed. The car that was partly based on was high mpg car being used to haul mankiness to the tip and do groceries, with the odd trip miles away for hikes. The low miles and the usual fixed yearly costs would give a comparatively high pence per mile, as opposed to the same car with high annual mileage. When I write my eccentricities down like this, I start to wonder if I should see someone?



#23 OFFLINE   wrenchvolt

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Posted 08 August 2018 - 05:07 PM

I think I may have fucked about with the MPG to something like 30. All of it is easily adjusted to any ones requirements. 



#24 OFFLINE   wrenchvolt

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Posted 08 August 2018 - 05:09 PM

Bond Bug! Love em!



#25 OFFLINE   wrenchvolt

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Posted 08 August 2018 - 05:15 PM

I was doing 20,000 miles per year though and the Panda averaged 50mpg. At that sort of mileage per year mpg becomes important.

 Truth! I put the cack pie chart in for that very reason.



#26 OFFLINE   anonymous user

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Posted 08 August 2018 - 05:17 PM

I find it's best not to work it out, I wasn't well when I originally worked out the cost of running my Volvo 240 estate, which is why I ended up buying a new Panda at the time, as just the fuel saving over three years would allow me to buy a £6k new car and afford to throw it away and still save money. I'm back in work at the moment, but when I was retired I still managed to do over 12,000 miles in a year, in a petrol Land Rover at sub 20mpg. I shall be finishing work again in October, so the near 30mpg in the TDi one will hopefully be a little less painful; although I do need to try to cut my mileage down.
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#27 OFFLINE   Kiltox

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Posted 08 August 2018 - 05:19 PM

I have found out that 'bangers' are usually more reliable than newer more expensive cars..
I have purchased 2 cars on finance , and both went tits up in less than 12 months..1 grenaded its engine the other developed electrical gremlins that would make a 70's Italian car blush..


Did you make the classic mistake of buying something out of warranty on finance though - IMO the worst way to own a car.

Brand/nearly new or really quite old and worthless are the ways to go I find.
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#28 OFFLINE   wrenchvolt

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Posted 08 August 2018 - 05:19 PM

I find the whole Bangernomics thing quite complex. I suppose there are a number of ways to slice it to get the result you are after.



#29 OFFLINE   wrenchvolt

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Posted 08 August 2018 - 05:26 PM

...buying something out of warranty on finance though - IMO the worst way to own a car.

Brand/nearly new or really quite old and worthless are the ways to go I find.

Fair amount of truth to this IMO. I always go worthless as I don't have the choice :-D . Seen people spend about £1500 for a car, keep it a few years, sell it for more or less the same (prolly on the worthless end of the spectrum to most tho).



#30 OFFLINE   anonymous user

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Posted 08 August 2018 - 05:26 PM

I should also add that because I am old my insurance is cheaper and the Pandas were £30 per year ved, my last car I bought for work was a Suzuki Alto which was slightly cheaper insurance, zero ved and slightly better on fuel, still lost over 50% of its purchase price and slightly more to service it as it had a 9k service interval. I really don't want to work out what the Bentley cost per mile when I had it as I spent loads on fixing things, hardly ever drove it (because it was being fixed) and it did about 10mpg, I'm sure I wasn't in xtriple running costs category though.
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