#176303 - 27/08/09 03:34 PM
Re: Both of my cars having MOT
[Re: kenny]
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Registered: 01/07/08
Posts: 8157
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Quote:
maybe time to sell one of the cars
In fairness I agree. If you didn't have Silkie you could run the with that money from Silkie no problem!
obviously you love both cars but having two is burning a hole in your wallet!!! ...that's why I didn't buy a road legal buggy in the end this summer
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#176305 - 27/08/09 07:13 PM
Re: Both of my cars having MOT
[Re: Kaxe]
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Porsche 997 Turbo & ST150
Registered: 27/02/04
Posts: 18100
Loc: Nuneaton, Warwickshire
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Quote:
Quote:
maybe time to sell one of the cars
In fairness I agree. If you didn't have Silkie you could run the with that money from Silkie no problem!
obviously you love both cars but having two is burning a hole in your wallet!!! ...that's why I didn't buy a road legal buggy in the end this summer
I understand what you are all saying here by only keeping one car... but I am going to try and demonstrate that it wouldn't benefit me to sell Silkie and drive Lightening around as my only car... heres why:
Over a one year period I drive 20,000 miles... so let's work this out.
My insurance for each car is:
Silkie: £650 - 12k Lightening: £996 - 8k
If I was to use lightening for 20k miles it would cost me in excess of £2k... in reversal it would cost me around 1k to insure Silkie... so therefor saving me £500 if I used Silkie or costing me an extra £500+ to use Lightening.
Tax:
Silkie: £175 Lightening: £210
Obviously I would save one or the other on this
MOT:
£45-50 on each car so obviously I would save this also.
Tyres:
Silkie: £200 for 4 tyres that last 20,000miles Lightening: £400 for 4 tyres that last 20,000miles
The big one... petrol:
Silkie: An average of 35mpg = £2517.24 for 20,000miles Lightening: An average of 19mpg = £5163.40 for 20,000miles on 97ron fuel rate (the only fuel I can put in it)
Currently it is costing me:
Silkie: An average of 35mpg = £1510.34 for 12,000miles Lightening: An average of 19mpg = £2065.36 for 8,000miles on 97ron fuel rate
totalling only £1000 more than just driving Silkie around for the entire 20,000 miles but saving over £1500 then if I drove the around soely.
Ok... so much figures... so i'll add them all together in 3 seperate sums.
Over a 1 year period this is how much it costs me for:
Having both cars running: £5896 (say £6000)
Running just Silkie: £4020 (Say £4000)
Running just Lightening: £8118 (Say £8000)
- - - - - - - - - - - - - -
The results might well have suprised you all? I actually did my maths before I decided to keep two cars on the go and it really does make you think a little more.
You could well argue that I should get rid of my and save the £2000 per year and just drive Silkie around... well... yes... but isn't the very reason I made this site and have devoted so much of my time over the last 5 years because I love beautiful fast cars, such as the that is my pride and joy.
I worked out that an average smoker goes through £25 of fags per week which totals up to £1300... plus the alcohol that they may buy... this would amount to the extra £2000 that I pay in keeping both cars...
The puts a MASSIVE smile on my face and theres no way I would get rid of it unless I really had to, and Silkie is such a reliable car that I don't have to worry about parking everywhere or replacing expensive parts that it would be stupid to sell her.
You may have got seriously bored of this long brain killing post by now but if you haven't then hopefully i've gave you a little more to think about.
The question is... after reading this...
What would you do in my situation knowing what I do?
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#176307 - 27/08/09 11:22 PM
Re: Both of my cars having MOT
[Re: Alex_H]
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Registered: 08/03/08
Posts: 11806
Loc: essex
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Quote:
Good to see you done some serious sums there Scotty Makes sense to keep 2 cars you love AND manage to save money
+1
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#176310 - 28/08/09 07:56 AM
Re: Both of my cars having MOT
[Re: kenny]
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Registered: 24/06/09
Posts: 186
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i can only hope you get a job asap , coz i dont know what id do if i had to sell my RS hang fire! , im sure things will work them selfs out!
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Sarcasm helps keep you from telling people what you really think of them.
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#176312 - 28/08/09 11:16 AM
Re: Both of my cars having MOT
[Re: Kaxe]
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Fiesta Mad
Registered: 20/12/07
Posts: 259
Loc: Derbyshire
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Running cars takes a massive chunk out of your wages, they do also give you a massive amount of pleasure, sometimes it can feel like you're working just to keep the car on the road. The figures are a bit flawed at the moment because I imagine you will have cut right back on the mileage covered. As I'm sure you already know getting a job is the key to which way you go with this, you can't run an RS for ever with no income, or pay someone else to do work on your car when you could do it yourself, just think of the saving you could have made on the brakes alone. Good luck in the job search, I wonder if the guys going to Bakewell will find the road you took down into Castleton past the cement plant, you know you want to show them
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#176313 - 28/08/09 12:32 PM
Re: Both of my cars having MOT
[Re: Artstu]
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Site Supporter
Registered: 01/03/05
Posts: 11552
Loc: Westbury-on-severn, Gloucester...
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I will proberbly get shouted at for this but can you not put the off road for a short time? You could save a hefty lump by just having the car car insured fire and theft. The money you save on the insurance would get silky back on the road and running for a few months at least. That way you keep the as it is a great example you have got there. I know you won't be able to use it but there is plenty of time for that when you get back into work. As you know i looked into doing this for my zs and getting a cheap run around. Insurance was £30 for the year and the car would have been stored at my nans. I know it's not ideal but sacrifices have to be made in these situations. And things do turn around quickly. Compare where me and cas were 18 months ago to now
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#176314 - 28/08/09 03:46 PM
Re: Both of my cars having MOT
[Re: Micky]
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Porsche 997 Turbo & ST150
Registered: 27/02/04
Posts: 18100
Loc: Nuneaton, Warwickshire
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To answer some of the questions. I haven't cut back on the milage as that is how much I do... wether in a job or not unfortunatley. You are right Micky with the insurance bill if I took lightening off the road... but... if I did that then he would sit on the drive rusting away with the elements taking charge of all the bits, including wrecking the brake discs etc. Over all it would cost me more to replace bits that have failed or gone down hill due to not using the car. Saying this though... Over the winter period I am planning on putting the into storage and this and obviously I can then put the insurace down to fire and theft until the spring returns. This way it keeps the car safe from elements and danger. The only problem with this is that it will cost £100 per month to do this... so... storage is no cheaper option in the long run, it's actually more expensive. I won't be selling either car and will keep them both going... for the sake of £2000 extra i'll stick my neck out and with Sarah alone 100% supporting me at current and also agreeing we will keep them both. Sarah commented to me yesterday after seeing this thread and said that she would never let me sell either of them... don't you all wish you had a girlfriend like mine? I bet you do <--- for Sarah
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#176315 - 29/08/09 06:37 PM
Re: Both of my cars having MOT
[Re: Scotty]
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Site Supporter
Registered: 15/10/08
Posts: 15118
Loc: Harpenden, Hertfordshire
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Wonder if it would help me to have 2 cars running when I get my next car hmmm
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407BHP and 340lbft TD GT28/32 hybrid turbo, 3inch decat, 2.75inch exhaust, air intake + large MAF, injectors, fuel pump, tubular manifold
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#176316 - 30/08/09 12:28 PM
Re: Both of my cars having MOT
[Re: Adam08]
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Porsche 997 Turbo & ST150
Registered: 27/02/04
Posts: 18100
Loc: Nuneaton, Warwickshire
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It wouldn't help if you had a more powerful car and your as they would both cost you a lot of cash. If you had a run around and a more powerful car then yes it probably would help. What car are you thinking of getting?
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#176317 - 30/08/09 08:18 PM
Re: Both of my cars having MOT
[Re: Scotty]
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Site Supporter
Registered: 15/10/08
Posts: 15118
Loc: Harpenden, Hertfordshire
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I would be getting rid of the ST and getting a VX220/Elise or a car of that nature which would of course be alot to keep running So whether I could run an old Focus/Golf as tyres, servicing etc on them cost an arm and a leg
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407BHP and 340lbft TD GT28/32 hybrid turbo, 3inch decat, 2.75inch exhaust, air intake + large MAF, injectors, fuel pump, tubular manifold
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