Prairie Redliners Canadian Prairie Provinces. Alberta, Saskatchewan, Manitoba

Cost of ownership

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Old Sep 9, 2002 | 03:49 PM
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Did a quick calculation today and my cost of ownership so far is:

58 cents/km not including gas and insurance.

oddly enough, my company's mileage allowance is 40 cents/km. I wonder what the standard cost of ownership is.

Payments+mods/kms

if I included gas and insurance my cost of ownerships increases to:

0.84 cents/km
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Old Sep 10, 2002 | 07:04 AM
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What did you include into your calculation?

Strictly maintenance costs i.e oil changes etc?
Did you count the cost of any modifications, or perhaps treatments such as Zaino?
Asif
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Old Sep 10, 2002 | 03:01 PM
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Payments+mods/kms

if I included gas and insurance my cost of ownerships increases to:

0.84 cents/km
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Old Sep 10, 2002 | 04:16 PM
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Actually, you should use depreciation and interest, not payments.
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Old Sep 10, 2002 | 06:33 PM
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yes, that is the right way to calculate it but I think the depreciation is pretty similar to my payments so far. However, as time goes by depreciation be at a decreasing rate compared to my than my payment total.
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Old Sep 10, 2002 | 09:55 PM
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Hmm lets see...payments and km. Not a good way for me to calculate it. What...this thing is costing me $45 per kilometer!! LMAO

Asif
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Old Sep 10, 2002 | 10:15 PM
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ahaha, yeah that isn't a good way to calculate it for your kms

If I had 2500 on mine, it would be near $3/km
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Old Sep 11, 2002 | 07:42 AM
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[QUOTE]Originally posted by VTEXTC
[B]Hmm lets see...payments and km.
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