Hi all,
Over the last couple of weeks, I've been researching for the best option for my next car and I've had excellent recommendations on this forum. Based on these recommendations I decided to create an excel sheet to calculate the total cost of ownership (over 3 years) for different cars that I have considered. I’ve used actual available data (MPG, VED etc) and used prices for similar car specs (leather seats, SATNAV etc but not engine size) on Autotrader. This is just a little tool to help in my decision making and I thought to post it as a way of giving back to the forum for the excellent help to me and just in case someone else finds it useful.
It would be interesting to see which of the cars would be selected by most people, so please indicate your preferred choice if you were to buy any of the cars.
Item Description
BMW 520d Auto
BMW 520d
BMW320d Auto
BMW320d
Insignia Elite
Honda CRV
Toyota RAV4
Nissan Qashqai
Year (Reg)
2008(08)
2008 (08)
2008(08)
2008(08)
2009 (59)
2008 (08)
2008 (08)
2008(08)
Current Milage
85000
82000
85191
102000
20000
80617
95000
70040
Tax Band
F
E
E
D
H
G
E
Insurance Grp
33.00
33.00
14(29)
14(29)
11(22)
12.00
12 (26)
Fuel Economy (Combined)
50.00
55.00
53.30
60.10
49.60
44.00
47.00
54.30
Annual Mileage
10000.00
10000.00
10000.00
10000.00
10000.00
10000.00
10000.00
10000.00
Cost
£12,000.00
£12,000.00
£11,000.00
£8,995.00
£13,000.00
£10,790.00
£9,800.00
£10,799.00
Road Tax
£130.00
£115.00
£115.00
£95.00
£130.00
£190.00
£165.00
£120.00
Insurance Cost
£351.90
£351.90
£377.36
£369.78
£370.00
£342.89
£364.88
£400.00
fuel price
£1.39
£1.39
£1.39
£1.39
£1.39
£1.39
£1.39
£1.39
Extended Warranty Cost
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
Annual Fuel Cost
£1,265.63
£1,150.57
£1,187.27
£1,052.94
£1,274.01
£1,438.22
£1,346.42
£1,165.41
Total cost 1st yr
£13,747.53
£13,617.47
£12,679.63
£10,512.72
£14,774.01
£12,761.11
£11,676.30
£12,484.41
Total cost 2nd yr
£15,495.06
£15,234.95
£14,359.26
£12,030.44
£16,548.01
£14,732.22
£13,552.59
£14,169.81
Total Cost 3rd yr
£17,242.60
£16,852.42
£16,038.90
£13,548.16
£18,322.02
£16,703.32
£15,428.89
£15,855.22
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