Working Out The True Cost of Motoring

When we found out we were expecting baby number 4 we quickly realised we would have to change our 5 seater car for a bigger model. This inevitably led to the subject of money. We needed to find a bigger car which wouldn't break the bank to purchase it and also to keep it running throughout the year.

Motoring Costs

There are many costs involved with car ownership especially when you have a large family to run around. It can be difficult to figure out just how much your chosen car (or even your existing car) will cost you on a day-to-day basis. 

This is where the Car Cost Calculator from Motorparks comes in. The online tool is aimed at motorists looking to discover the running costs their current car is costing them, as well as drivers in the market for a new car but with a set budget in mind.

Motorparks Motoring Costs Calculator

According to the calculator our new car costs a total of around £5 per day to run and I have to admit that I thought it would be more!

Why not give it a go yourself, try the calculator and see how much your car is costing you. Make sure you come back to let me know if your result was as expected, much better or much worse.

This blog post was written in collaboration with Motorparks.

Comments

  1. Mine's costing me £4.56 a day which is without repairs or mot.
    This was really interesting actually as I'm going to an interview on Friday, and to cut a long story short I was looking at selling my car to reduce costs as I could walk to potential new job. This would save me a min of almost £1700 annually.
    Thanks :)

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    1. Wow, over the year that's a big saving!! Good luck for your job interview and thanks for stopping by :)

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  2. That's interesting Kate. My car costs just over £800 each year. We didn't work out Pete's though...

    Thanks for sharing.

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    1. It is interesting to know what the yearly and daily costs are isn't it! £800 seems to be quite good (even though it doesn't sound it) x

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    2. It only takes me 7 minutes to get to work - Pete's is used more for travelling as well as for him to get to work. You don't think about the costs really ...

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