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RedMike

Member Since: 15 Dec 2015
Location: Hereford
Posts: 92

2014 Freelander 2 SD4 Metropolis LE Auto Loire Blue

Total running costs

The company I work for has just decided to reduce the business mileage reimbursement travelled in own car from 40 ppm to 30 ppm.

They have tried to justify this by showing how fuel has reduced in price over a 5 year period from £1.41 per litre to this months average of £1.02 per litre for diesel.
Using 35mpg as an example they say they that the 30ppm is broken down as 13.2p for fuel & 16.8p for wear & tear.
Reading between the lines they are trying to justify the reduction by still saying that we, the car driver are still making a profit for every business mile we drive.

Whilst they have cited fuel reduction as the reason for the ppm reduction they obviously haven't taken into account every running cost involved and the fact that in the same 5 year period fuel is probably the only cost that has gone down in price.

I'm thinking specifically of servicing costs, tyres, business insurance & depreciation etc. Not just the fact that these costs have increased but for someone who travels 5000 miles per year on business in their own car, the additional costs that will have incurred due to the extra 25,000 miles on the car over and above the private mileage.

I did a model about 6 years ago when I worked for another company and was driving a different car and I worked out a total whole life cost of my car at 41ppm. As I have only had my Freelander for a few months Ive got no figures to compare to so if anyone out there has any comments that would help me it would be appreciated.

What would help would be comparison prices from 2010/2011 to current day on tyres, full service & insurance. Also the difference that 25,000 would make to the value of the vehicle.

Any helpful comments would be appreciated. LR Freelander 2 2014 metropolis SD4 auto in Loire Blue.
LR Freelander 2 2011 facelift HSE SD4 auto in Firenze Red + Premium pack & cold weather pack (affectionately known as Eve) Sadly written off in an RTA Insurance write off December 2022ðŸ˜¢.
Vauxhall Astra 67 plate
Subaru Impreza 2008 (Sold 2016)
Vauxhall Adam 1.4 Glam 2015 (sold 2017) (affectionately known as Adam)

19th Apr 2016 11:31 am

Lightwater

Member Since: 21 Aug 2014
Location: Sydney Northern Beaches
Posts: 4905

2013 Freelander 2 2.0T SE Auto Fuji White

Adjust the figures £. Based on 15,000 km per year:
http://www.mynrma.com.au/mynrma/operating-costs-calculator.aspx Procrastination, mankind's greatest labour saving device!

Acoustic insulation ARB TPMS 3xARB air compressors After cooler Air tank On-board OCD pressure air/water cleaning Additional 50L fuel Carpet in doors ABE 2x1kg Waeco 28L modified fridge Battery 4x26ah Solar 120w Victron MPPT 100/20 DC-DC 18amps 175amp jumper plug Awning 6x255/60R18

19th Apr 2016 11:52 am

alpacaman

Member Since: 27 Mar 2016
Location: Norwich, UK
Posts: 67

2007 Freelander 2 TD4 SE Manual Izmir Blue

Do you have an accountant? Worth talking to them as I believe (I'm not an accountant, but am going on the contents here: https://www.gov.uk/expenses-and-benefits-b...s-for-tax) you are able to claim tax relief (Mileage Allowance Relief) on the difference between the rate your employer pays and the HMRC approved rate.

19th Apr 2016 12:09 pm

Yorky Bob

Member Since: 28 Apr 2015
Location: Yorkshire
Posts: 4561

2013 Freelander 2 TD4 GS Manual Firenze Red

Slap this on the table if it works in your favor as its what is reasonable and accepted business practice.

https://www.gov.uk/expenses-and-benefits-b...es-for-tax

FL2 MY10 TD4 GS traded in at 2 years
FL2 MY13 TD4 GS Current

19th Apr 2016 12:33 pm

iain cooper

Member Since: 27 Aug 2007
Location: north of Glasgow
Posts: 1989

2009 Freelander 2 TD4_e HSE Manual Lago Grey

yes 45ppm is what I get, used to be 49.3ppm.

wouldn't use my car for anything less than 45ppm.

Iain

19th Apr 2016 2:37 pm

exbrat202

Member Since: 05 May 2011
Location: Wootton Bassett
Posts: 97

2014 Freelander 2 TD4 XS Manual Orkney Grey

Fuel is going back up though, our local Asda is up to 104.9 from 101.9 at the start of April, so taking into account the higher priced Brand name and local garages I reckon the average must be in the order of 106.9 or even more. MY14 TD4 manual XS Orkney grey.

MY11 TD4 Manual XS Lago Grey, privacy glass, rear spoiler, full ebony leather,rear seat entertainment. Gone
2001/51 plate Disco TD5 GS. Gone
95 N Disco TDi300. Gone

19th Apr 2016 3:02 pm

dorsetfreelander

Member Since: 20 Jul 2013
Location: Dorset
Posts: 4354

2014 Freelander 2 SD4 XS Auto Loire Blue

My son works for a small company and they pay a salary supplement (inc tax and NI), which is worked out every year, to take it up to 45ppm overall. 3 x FL1 2 manual + 1 auto
5 x FL2 4 manual + 1 auto
Now Discovery Sport P250 MHEV SE

19th Apr 2016 3:53 pm

Pedro

Member Since: 01 Apr 2010
Location: Very near Pig Hill
Posts: 449

2010 Freelander 2 TD4 HSE Auto Galway Green

alpacaman wrote:
Do you have an accountant? Worth talking to them as I believe (I'm not an accountant, but am going on the contents here: https://www.gov.uk/expenses-and-benefits-b...s-for-tax) you are able to claim tax relief (Mileage Allowance Relief) on the difference between the rate your employer pays and the HMRC approved rate.

Correct - extra tax to pay if over the HMRC rate and tax relief / rebate when under the HMRC rate. FL2 HSE Auto Galway Green
Evoque SD4 Auto Blue.
FL1 HSE TD4 Manual Black - Gone.
RR Classic V8 EFI - Gone

19th Apr 2016 6:26 pm

Andy131

Member Since: 09 Dec 2009
Location: Manchester
Posts: 2181

If you are using your car for business use, then you do have business use insurance, don't you?

I'm not talking about travel to and from your regular place of work, which is normally (but not always) covered, I am talking genuine business insurance.
You have an accident at 11:00am and your in a suit, other party plays awkward and reports that he believes you were working - no insurance.
You take a college with you to visit a customer, have an accident - no insurance.

"Normal" insurance for a 50 something, with 9 years no claims, not in a high risk area risk area, what do you recon £300ish.
Bearing in mind insurance for a micra at the same address with similar no claims £186
Business insurance for the same guy £930, not motor trade, not carrying goods for others.

If your employer is playing professionally he should be asking for a copy of your insurance. Tangiers Orange - gone, missing her
Replaced by Ewok what a mistake - now a happy Disco Sport owner

19th Apr 2016 7:08 pm

Yorky Bob

Member Since: 28 Apr 2015
Location: Yorkshire
Posts: 4561

Cover for car usage in connection of business use I have found is no issue. Thrown in but you need to ask for it to be included. FL2 MY10 TD4 GS traded in at 2 years
FL2 MY13 TD4 GS Current

19th Apr 2016 7:57 pm

dorsetfreelander

Member Since: 20 Jul 2013
Location: Dorset
Posts: 4354

I added my geologist son to my insurance for when he visits from Africa. The insurance guy said "and it's OK for him to drive it to work too". I said do you really mean that? He works in Botswana. Stony silence followed by "is that very far to drive?" ". 3 x FL1 2 manual + 1 auto
5 x FL2 4 manual + 1 auto
Now Discovery Sport P250 MHEV SE

19th Apr 2016 8:28 pm

oop north

Member Since: 02 Feb 2016
Location: North West
Posts: 15

2008 Freelander 2 TD4 HSE Auto Santorini Black

As stated above, do claim the difference between 45ppm and what you get paid - but in my humble opinion (I'm an accountant) the total cost per mile is irrelevant - even if you do no business miles you will still have most of the depreciation and insurance costs, exactly the same road tax and some of the servicing cost. Of course if you can calculate a total cost per mile and that helps persuade your employer to pay 45p that is absolutely fine - but because you already have a car you don't "need" to get the total cost per mile to break even.

19th Apr 2016 8:39 pm

RedMike

Member Since: 15 Dec 2015
Location: Hereford
Posts: 92

Thanks to those who reminded me of the .gov web site re claiming back the difference. I was aware of it but having always been paid 40ppm I've never bothered about reclaiming the 5p. As the difference is now 15ppm I will look closer at this.

yes, I do have business use on my insurance and would include that additional cost (if there is one) in the total running cost of the car.

oop north - I don't agree that the total cost is irrelevant because if it turns out the total running cost is less than 30ppm then for every business mile I travel, am I not losing money ??
I do agree with the later part of your post regarding obtaining the total running costs of the car as this is the figure I need to persuade my employer that there communication is unfair. This is of course on the assumption that the total running cost is more than 30ppm.

Thanks for those useful responses so far LR Freelander 2 2014 metropolis SD4 auto in Loire Blue.
LR Freelander 2 2011 facelift HSE SD4 auto in Firenze Red + Premium pack & cold weather pack (affectionately known as Eve) Sadly written off in an RTA Insurance write off December 2022ðŸ˜¢.
Vauxhall Astra 67 plate
Subaru Impreza 2008 (Sold 2016)
Vauxhall Adam 1.4 Glam 2015 (sold 2017) (affectionately known as Adam)

21st Apr 2016 11:21 am

npinks

Member Since: 28 Jun 2007
Location: Ls25
Posts: 20090

Heres my fuel to mileage data
though this it total fuel not just business miles

[list]Trip Distance   Date   Fill Amount   Fill Units   Price per Unit   Total Price   Partial Fill   MPG

3565   05/09/2009   66   L   1.03   67.98      

434   26/09/2009   57.75   L   1.038   59.94      34.1646

306   05/10/2009   63.52   L   1.039   66      21.9002

312   18/10/2009   65.46   L   1.109   72.6      21.6679

307   30/10/2009   65.89   L   1.069   70.44      21.1815

324   09/11/2009   67.01   L   1.099   73.64      21.9808

309   20/11/2009   65.048   L   1.139   74.09      21.5955

340   28/11/2009   62.76   L   1.139   71.48      24.6283

297   06/12/2009   63.712   L   1.099   70.02      21.1921

326   13/12/2009   64.97   L   1.089   70.75      22.8109

306   22/12/2009   65.24   L   1.089   71.05      21.3229

263   06/01/2010   62.556   L   1.119   70      19.1128

287   15/01/2010   65   L   1.139   74.04      20.0727

216   22/01/2010   44.85   L   1.139   51.08      21.8942

333   03/02/2010   63.59   L   1.139   72.43      23.8064

296   17/02/2010   64.27   L   1.139   73.2      20.9373

303   27/02/2010   63.65   L   1.119   71.22      21.6412

280   04/03/2010   54.77   L   1.139   62.38      23.2409

337   06/03/2010   56.08   L   1.159   65      27.3187

379   08/03/2010   64.45   L   1.149   74.05      26.7334

298   19/03/2010   63.49   L   1.159   73.58      21.3378

312   01/04/2010   64.85   L   1.269   82.29      21.8717

310   12/04/2010   65.34   L   1.209   79      21.5685

308   23/04/2010   61.53   L   1.219   75.01      22.7563

297   01/05/2010   58.87   L   1.189   70      22.9351

309   13/05/2010   65.14   L   1.229   80.06      21.565

285   26/05/2010   65.64   L   1.219   80.02      19.7385

315   03/06/2010   67.06   L   1.209   81.08      21.3543

362   12/06/2010   67.64   L   1.169   79.07      24.3301

292   23/06/2010   62.56   L   1.189   74.38      21.219

303   05/07/2010   64   L   1.209   77.38      21.5229

295   13/07/2010   64.12   L   1.189   76.24      20.9154

312   26/07/2010   67.02   L   1.179   79.02      21.1635

329   08/08/2010   65.13   L   1.169   76.14      22.9643

350   17/08/2010   65.4   L   1.169   76.45      24.3292

330   24/08/2010   65.3   L   1.149   75.03      22.9741

326   06/09/2010   66.78   L   1.159   77.4      22.1927

293   30/09/2010   60.68   L   1.159   70.33      21.9513

346   12/10/2010   67.3   L   1.259   84.73      23.3722

318   29/10/2010   64.33   L   1.209   77.77      22.4725

328   12/11/2010   66.88   L   1.249   83.53      22.2954

318   24/11/2010   62.66   L   1.229   77.01      23.0714

150   03/12/2010   36.33   L   1.229   44.65      18.77

254   11/12/2010   49.36   L   1.309   64.61      23.3936

338   20/12/2010   65.13   L   1.259   82      23.5925

303   05/01/2011   64.37   L            21.3992

FUEL RECORDS                        

Odometer (mi)   Trip Distance   Date   Fill Amount   Fill Units   Price per Unit   Total Price   Partial Fill   MPG

17501   17501   05/01/2011   64.37   L   1.299   83.62      

17815   314   13/01/2011   60.15   L   1.299   78.13      23.7319

18104   289   30/01/2011   59.65   L   1.309   78.08      22.0255

18418   314   16/02/2011   65.47   L   1.329   87.01      21.8035

18733   315   28/02/2011   63.301   L   1.339   84.76      22.6224

19044   311   10/03/2011   59.32   L   1.369   81.21      23.834

19381   337   20/03/2011   65.04   L   1.429   92.94      23.5552

19740   359   01/04/2011   67.21   L   1.369   92.01      24.2828

20078   338   12/04/2011   63.14   L   1.3291   83.92      24.3361

20413   335   20/04/2011   59.32   L   1.409   83.58      25.6733

20702   289   28/04/2011   58.22   L   1.409   82.03      22.5665

21016   314   11/05/2011   66.5   L   1.399   93.03      21.4657

21351   335   24/05/2011   62.77   L   1.379   86.56      24.2622

21658   307   30/05/2011 10:55   61.83   L   1.4213   87.88      22.5724

21909   251   04/06/2011 13:24   43.6   L   1.399   61      26.1713

22149   240   09/06/2011 15:44   53.28   L   1.379   73.47      20.4779

22461   312   25/06/2011 10:59   65.06   L   1.369   89.07      21.8011

22835   374   03/07/2011 19:33   67.49   L   1.349   91.04      25.1924

23182   347   15/07/2011 08:56   66.5   L   1.369   91.04      23.7217

23438   256   24/07/2011 09:03   50.65   L   1.369   69.34      22.9773

23796   358   06/08/2011 12:08   14   L   1.429   20.01   Partial   24.7875

23873   77   08/08/2011 13:17   65.78   L   1.399   92.03      24.7875

24221   348   24/08/2011 10:52   66.67   L   1.369   91.27      23.7294

24572   351   02/09/2011 17:09   66.87   L   1.3197   88.25      23.8624

24899   327   22/09/2011 17:06   67.32   L   1.389   93.51      22.0822

25228   329   07/10/2011 11:50   66.62   L   1.449   96.53      22.4507

25455   227   14/10/2011 09:09   45.84   L   1.439   65.96      22.5123

25838   383   26/10/2011 09:14   66.4   L   1.389   92.23      26.2222

26185   347   08/11/2011 09:09   66.44   L   1.399   92.95      23.7431

26499   314   28/11/2011 12:20   63.74   L   1.399   89.17      22.3952

26828   329   13/12/2011 11:41   66.57   L   1.399   93.13      22.4675

27153   325   02/01/2012 13:57   65.71   L   1.389   91.27      22.4848

FUEL RECORDS                        

Odometer (mi)   Trip Distance   Date   Fill Amount   Fill Units   Price per Unit   Total Price   Partial Fill   MPG

27153   27153   02/01/2012 13:55   65.71   L   1.389   91.27      

27482   329   15/01/2012 10:34   65.24   L   1.399   91.27      22.9256

27827   345   31/01/2012 13:19   66.4   L   1.409   93.56      23.6205

28140   313   15/02/2012 15:25   65.97   L   1.419   93.61      21.5693

28442   302   07/03/2012 13:07   63.44   L   1.509   95.73      21.6412

28758   316   25/03/2012 10:27   65.06   L   1.449   94.27      22.0806

28851   93   29/03/2012 15:42   19.76   L   1.449   28.63      21.3961

29116   265   06/04/2012 08:46   51.7   L   1.4691   75.95      23.302

29450   334   18/04/2012 13:44   10.2107   L   1.4691   15   Partial   25.2592

29537   87   18/04/2012 17:10   65.56   L   1.479   96.96      25.2592

29936   399   26/04/2012 09:20   20.4697   L   1.469   30.07   Partial   28.6696

30082   146   30/04/2012 12:34   65.95   L   1.439   94.9      28.6696

30365   283   07/05/2012 08:42   52.4   L   1.479   77.5      24.5524

30635   270   11/05/2012 14:52   55.84   L   1.419   79.24      21.9815

30959   324   21/05/2012 12:48   67.43   L   1.399   94.33      21.8439

31332   373   28/05/2012 08:44   67.29   L   1.359   91.45      25.1998

31656   324   07/06/2012 11:00   66.21   L   1.459   96.6      22.2464

31993   337   21/06/2012 14:22   66.74   L   1.349   90.03      22.9552

32338   345   06/07/2012 17:06   67.09   L   1.339   89.83      23.3776

32707   369   16/07/2012 14:09   67   L   1.379   92.39      25.0374

33038   331   28/07/2012 16:56   63.68   L   1.369   87.18      23.63

33394   356   10/08/2012 15:35   10.8   L   1.399   15.11   Partial   23.6945

33446   52   13/08/2012 12:43   67.48   L   1.379   93.05      23.6945

33808   362   22/08/2012 19:30   67.01   L   1.399   93.75      24.5588

34169   361   02/09/2012 16:23   66.83   L   1.419   94.83      24.5569

34529   360   12/09/2012 15:39   67.14   L   1.459   97.96      24.3758

34888   359   24/09/2012 11:16   67.06   L   1.459   97.84      24.3371

35238   350   08/10/2012 10:14   67.15   L   1.439   96.63      23.6952

35408   170   13/10/2012 07:43   32.47   L   1.439   46.72      23.8015

35851   443   17/10/2012 15:57   66.27   L   1.409   93.37      30.3896

36203   352   31/10/2012 13:57   66.65   L   1.409   93.91      24.0094

36476   273   17/11/2012 12:49   56.05   L   1.399   78.41      22.1424

36863   387   24/11/2012 17:00   65.11   L   1.479   96.3      27.021

37223   360   05/12/2012 16:26   62.74   L   1.389   87.15      26.0853

37571   348   19/12/2012 09:10   67.49   L   1.399   94.42      23.4411

37933   362   01/01/2013 13:28   67.06   L   1.369   91.81      24.5405

Trip Distance   Date   Fill Amount   Fill Units   Price per Unit   Total Price   Partial Fill   MPG

37933   01/01/2013 15:57   67.06   L   1.369   91.81      

320   17/01/2013 10:22   62.61   L   1.389   86.97      23.2351

356   30/01/2013 14:59   5.36   L   1.399   7.5   Partial   24.0115

2   30/01/2013 15:09   62.42   L   1.399   87.33      24.0115

359   11/02/2013 10:41   66.75   L   1.419   94.72      24.4501

356   24/02/2013 14:31   65.78   L   1.449   95.32      24.6033

343   09/03/2013 18:08   13.8   L   1.449   20   Partial   23.9627

78   14/03/2013 18:10   66.07   L   1.449   95.74      23.9627

206   23/03/2013 14:08   37.95   L   1.439   54.61      24.6771

290   31/03/2013 10:03   17.63   L   1.419   25.02   Partial   26.9026

182   04/04/2013 13:15   62.13   L   1.439   89.41      26.9026

330   27/04/2013 12:52   64.73   L   1.399   90.56      23.1764

298   11/05/2013 10:19   64.17   L   1.449   92.98      21.1117

186   24/05/2013 19:26   40.85   L   1.369   55.92      20.6995

213   30/05/2013 14:41   47.34   L   1.459   69.07      20.4545

329   08/06/2013 13:51   14.54   L   1.379   20.05   Partial   23.392

90   12/06/2013 11:35   66.89   L   1.469   98.26      23.392

348   26/06/2013 08:51   65.8   L   1.479   97.32      24.0431

310   12/07/2013 09:11   64.36   L   1.389   89.4      21.897

337   22/07/2013 08:57   66.76   L   1.389   92.73      22.9484

192   27/07/2013 09:03   35.84   L   1.399   50.14      24.3541

351   04/08/2013 14:48   62.85   L   1.429   89.81      25.3887

195   09/08/2013 13:19   30.32   L   1.419   43.02      29.2377

311   17/08/2013 10:04   65.92   L   1.499   98.81      21.4477

136   23/08/2013 10:55   26.01   L   1.419   36.91      23.7704

246   02/09/2013 15:14   49.5   L   1.439   71.23      22.5927

280   20/09/2013 08:50   56.86   L   1.499   85.23      22.3867

353   26/09/2013 09:20   7.1   L   1.409   10   Partial   24.8696

26   27/09/2013 07:46   62.18   L   1.429   88.86      24.8696

375   04/10/2013 09:15   59.88   L   1.459   87.36      28.47

350   13/10/2013 10:10   66.51   L   1.479   98.37      23.9232

379   23/10/2013 18:32   66.38   L   1.469   97.51      25.9561

323   03/11/2013 18:56   66.81   L   1.369   91.46      21.9786

281   15/11/2013 10:54   52.83   L   1.369   72.32      24.1804

362   28/11/2013 18:30   65.48   L   1.469   96.19      25.1326

328   15/12/2013 13:02   67   L   1.399   93.73      22.2555

330   07/01/2014 11:38   66.64   L   1.459   97.23      22.5121

Trip Distance   Date   Fill Amount   Fill Units   Price per Unit   Total Price   Partial Fill   MPG

47684   07/01/2014 11:39   66.64   L   1.459   97.23      

319   24/01/2014 09:17   66.41   L   1.379   91.58      21.8371

343   07/02/2014 12:23   66.85   L   1.369   91.52      23.3255

379   19/02/2014 17:39   67.13   L   1.369   91.9      25.6661

352   07/03/2014 17:50   66.83   L   1.369   91.49      23.9447

346   19/03/2014 12:40   61.72   L   1.359   83.88      25.4852

322   31/03/2014 14:52   14.85   L   1.349   20.03   Partial   23.2855

107   01/04/2014 19:20   14.87   L   1.349   20.06   Partial   23.2855

66   22/04/2014 13:43   66.92   L   1.349   90.28      23.2855

322   05/05/2014 16:37   66.92   L   1.449   96.97      21.8745

288   17/05/2014 11:58   57.23   L   1.359   77.78      22.8774

365   27/05/2014 10:22   63.85   L   1.359   86.77      25.9878

356   11/06/2014 11:34   66.41   L   1.349   89.59      24.3699

316   21/06/2014 08:49   63.63   L   1.359   86.47      22.5768

350   04/07/2014 09:17   63.06   L   1.439   90.74      25.232

298   12/07/2014 10:37   51.61   L   1.439   74.27      26.2495

349   26/07/2014 09:05   62.85   L   1.349   84.78      25.244

383   02/08/2014 14:07   67.81   L   1.329   90.12      25.6769

355   15/08/2014 14:42   67.75   L   1.329   90.04      23.8208

375   01/09/2014 16:46   66.74   L   1.319   88.03      25.5437

317   12/09/2014 23:20   59   L   1.319   77.82      24.4256

FUEL RECORDS                        

Odometer (mi)   Trip Distance   Date   Fill Amount   Fill Units   Price per Unit   Total Price   Partial Fill   MPG

2223   2223   11/09/2014 18:53   59.42   L   1.409   83.72      

2541   318   30/09/2014 10:42   63.03   L   1.409   88.81      22.936

2884   343   06/10/2014 13:04   64.76   L   1.319   85.42      24.0783

3195   311   24/10/2014 10:44   58.71   L   1.379   80.96      24.0817

3523   328   03/11/2014 20:48   64.26   L   1.359   87.33      23.2044

3786   263   14/11/2014 13:56   50.5   L   1.359   68.63      23.6757

4226   440   22/11/2014 09:43   63.34   L   1.359   86.08      31.58

4544   318   08/12/2014 13:36   64.22   L   1.319   84.71      22.511

4835   291   28/12/2014 11:13   62.21   L   1.279   79.57      21.2653

5156   321   14/01/2015 10:09   62.82   L   1.219   76.58      23.2298

5460   304   23/01/2015 12:38   53.8   L   0.999   53.75      25.6879

5794   334   07/02/2015 17:02   62.52   L   1.219   76.21      24.2865

5965   171   18/02/2015 17:42   33.52   L   1.239   41.53      23.1916

6382   417   25/02/2015 16:46   63.6   L   1.239   78.8      29.8069

6720   338   10/03/2015 10:46   63.88   L   1.189   75.95      24.0541

7113   393   20/03/2015 13:02   62.76   L   1.269   79.64      28.4674

7336   223   03/04/2015 08:55   44.55   L   1.199   53.42      22.756

7661   325   13/04/2015 16:33   63.05   L   1.279   80.64      23.4335

7982   321   25/04/2015 09:39   60.97   L   1.199   73.1      23.9346

8286   304   03/05/2015 11:27   55.71   L   1.199   66.8      24.8072

8568   282   14/05/2015 13:51   55.97   L   1.299   72.71      22.9051

8921   353   21/05/2015 12:02   63.44   L   1.309   83.04      25.2959

9306   385   28/05/2015 11:04   62.7   L   1.309   82.07      27.9146

9657   351   06/06/2015 17:24   64.99   L   1.229   79.87      24.5527

10000   343   16/06/2015 17:17   61.85   L   1.309   80.96      25.2111

10350   350   27/06/2015 09:19   63.14   L   1.299   82.02      25.2001

10674   324   13/07/2015 13:08   67.28   L   1.189   80      21.8926

10831   157   23/07/2015 16:31   29.69   L   1.179   35      24.0396

11151   320   30/07/2015 11:44   62.39   L   1.169   72.93      23.317

11488   337   07/08/2015 09:23   65.16   L   1.149   74.87      23.5119

11839   351   14/08/2015 14:32   64.3   L   1.179   75.81      24.8161

12189   350   27/08/2015 10:03   64.44   L   1.179   75.97      24.6917

12237   48   28/08/2015 08:22   10.67   L   1.109   11.83      20.451

12540   303   01/09/2015 12:39   62.07   L   1.089   67.59      22.1921

12880   340   05/09/2015 14:54   65.46   L   1.179   77.18      23.6124

13238   358   23/09/2015 13:37   65.79   L   1.189   78.22      24.7378

13571   333   13/10/2015 13:25   63.72   L   1.199   76.4      23.7578

13958   387   24/10/2015 14:38   62.87   L   1.209   76.01      27.9837

14269   311   08/11/2015 10:41   64.1107   L   1.209   77.51      22.053

14576   307   26/11/2015 13:14   64.82   L   1.199   77.72      21.5312

14891   315   12/12/2015 14:53   13.94   L   1.079   15.04   Partial   23.4085

14973   82   17/12/2015 13:16   63.16   L   1.079   68.15      23.4085

15335   362   04/01/2016 10:57   64.4   L   1.169   75.28      25.5541

15652   317   21/01/2016 10:06   62.96   L   1.119   70.45      22.8893

15982   330   04/02/2016 12:53   62.89   L   1.129   71      23.8545

16309   327   19/02/2016 12:14   58.92   L   1.0989   64.75      25.2303

16670   361   27/02/2016 15:13   64.56   L   1.119   72.24      25.4204

17018   348   08/03/2016 10:20   64.01   L   1.159   74.19      24.7155

17330   312   23/03/2016 18:34   64.26   L   1.199   77.05      22.0725

17638   308   02/04/2016 17:18   64.92   L   1.059   68.75      21.568

17971   333   20/04/2016 14:24   64.95   L   1.1791   76.58      23.3079

[/list]

Former Mod/Member, with the most post & Chicken George Arch nemesis

21st Apr 2016 12:24 pm

oop north

Member Since: 02 Feb 2016
Location: North West
Posts: 15

RedMike wrote:

oop north - I don't agree that the total cost is irrelevant because if it turns out the total running cost is less than 30ppm then for every business mile I travel, am I not losing money ??
I do agree with the later part of your post regarding obtaining the total running costs of the car as this is the figure I need to persuade my employer that there communication is unfair. This is of course on the assumption that the total running cost is more than 30ppm.

Thanks for those useful responses so far

You have fixed costs and variable costs. For illustration purposes, let's assume that a car doing 10,000 private miles a year costs £5,000, made up of fixed costs totalling £2,000 (insurance, depreciation, RFL, MoT, interest on loan to buy) and variable costs totalling £3,000 - ie, 30 p per mile for tyres, servicing, fuel. If you then do another 10,000 miles for business, the fixed costs will stay the same (I know depreciation has a variable element but it's mostly fixed) and you will suffer extra variable costs only. So your total costs would be fixed 2000 + private variable 3000 plus business variable 3000. The fixed costs have stayed the same (as have the private variable costs) - so to decide if it's worth doing business miles you would need to look at the change only, so variable costs only on the business miles and not total costs. (and the tax refund would reduce the variable cost on business miles below that on private miles)

Essentially, when decision making, you must ignore the costs that are unaffected by your decision - whether or not you do any business miles, you will suffer all the basic, fixed costs of buying and running a car. The only things to worry about are the additional variable costs

Hope that helps

21st Apr 2016 9:30 pm

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