I want to share my story about switching from public transportation/mobility to a private car (14 months now) and I knew cars were expensive, but we decided to go ahead with it anyway.
We are a family of 4 and switched to our own car because of child seats, basically. With mobility or rental is a bit of a pain, particularly with 2 young children.
During this last year average driving profile has been of 9500 km per year, which is going to go down to 8000 km because it included a very long road trip to Italy that we are definitely not repeating any time soon and my wife finding a job 10 min walk from our home instead of occasionally driving the car.
Anyway, let’s make these assumptions:
8500 km pa
Average speed over 14 months : 55 km/h (from the car’ dashboard)
Hours spent with the car powered on, which is basically equivalent to hours spent driving:
155 hours per year.
Up until now, everything included (from renting a parking space near my flat up to fuel etc), my combi shaped car (Kia Ceed sw 2015, used car mit 65k km) has cost me exactly 18k.
Fuel consumption,from both dashboard and validated by dividing fuel bought over distance: 6.5 L/100 km gasoline
11.9k to purchase in perfect condition, validated by the traffic office etc, 3 year warranty remaining (never had a problem until now, finger crossed).
6.1k in parking rent and parking tickets, fuel, tyres, insurance, darkening of the back windows for the kids, accessory (like stuff to de-ice/scrap the car, children seat, etc) annual checkup KIA to keep the warranty, Italian highway fees during holidays, Swiss fees and so on. No fines until now at least!
It’s a lot? Maybe, but I’ve kept track of every single rappen that I spent that I wouldn’t have spent without a car. Almost everything was 2nd hand etc and got multiple offer for insurances etc.
Basically it breaks down to 1k of new equipment/one-off costs, 4k of operating costs, 1k of second year operating costs (insurances, taxes and the likes) that already came in now.
Now let’s do a nice thought experiment for the optimal conditions with unrealistical low prices/costs:
- I drive the car for the 10 years (85k km, 8.5k pa), then it will have around 150k km. At that point, 9 year from now, resale value will be basically 0 because of too old tech and not encouraged by the state (vs electric car / hybrid)
- I need no extra accessories/no luggage rack/ nothing new
- I don’t have any accidents neither repair costs
- Only costs are insurance, taxes, basic maintenance to keep the car running, let’s say 1000 chf pa
- Tyres on average 100 chf pa
- Fuel at 8500 km pa per 1.5 chf p lit gasoline, 6.5 l/100 km = 828.75
- Never have to pay for parking aside from home neither will have fines for all 10 years
- Parking at home 70 chf per month (no other way)
My total costs will be 18k + 9x1000 +100x9+828.75x9+ 70x12x9= 42’919 chf, let’s round it to 43k.
I think we can agree that this is a very optimistic view, unrealistically low.
Now as I mentioned I’m actually driving only 155 hours per year (8500 km at 55 km/h average)
So in the end my cost per km would be: 43000/(8500*10) = 0.50 cts/km
My hourly cost of sitting in a car driving will be: 43000/10/155=27.74 chf/hour, to cover only 55 km in average. This is still slightly cheaper than a mobility (55 km in one hour would be around 30 chf) but it really confirms my suspicions that public transportation and mobility are really not that expensive. With an half tax and 60 chf you can cover Bern-Zurich with my family of 4 kids won’t pay) in one hour, compared to ~2 hours by car and 125 km (alas 62.50 chf), and without considering parking in Zurich.
Did you maybe did the same calculation and recording of expenses? Do you reach a similar conclusion?