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TL;DR. Ride sharing / taxi vs car ownership breakeven is at €10 per short trip (5km or less), but only worthwhile if I could totally get rid of the car: only 25
by paulus_magnus2 6y ago
TL;DR. Ride sharing / taxi vs car ownership breakeven is at €10 per short trip (5km or less), but only worthwhile if I could totally get rid of the car: only 25% of car ownership cost is fuel, 75% or €5000 is maintenance + depreciation.
my calculations (sorry if formatting is off)
depreciation:
13000 purchase (5y old ex-lease car)
1000 after purchase: change of timing belt + water pump etc
resale: 5y after
6000 ?? residual value
1800/y depreciation
annual maintenance:
250 (1000 for 2 sets of seasonal tires every 4 years)
1000 (insurance + road tax)
40 official checkup
200 basic service (oil, filters)
1000 ?? fixing things + parking + road tolls + tickets
2490/y maintenance
fuel (europe)
6.5l/100km diesel
20.000km annual mieage
1.3 €/l diesel (don't buy at highways)
1690/y fuel
garage 75/m (comes with my apartment)
900/y garage
total cost: 6680 €/y
total cost: 0.334 €/km
I also figured I do 500 trips during school year (40 weeks, 12.5 trips per weak)
total cost: 13.36 €/trip
This is surprisingly high. I need to find a way to make more trips :)
OK, that includes holidays in which I do half of my annual mileage (10.000km) but in the end most of the cost is fixed: depreciation + maintenance. Sadly, even at free electricity EV is not going to be much better. Only 100% ride sharing will bring a cost reduction that will influence decisions.
- ghaff 6y agoCar maintenance is pretty heavily influenced by mileage. (Albeit less so in areas with snow/salt.) Though some of the things you include as maintenance are mostly annual costs.