I picked up a 62 plate 1.6 TDICR Golf S today that was being returned to the lease company, it had done 1792 miles from new.

My old man has a 1957 ford pop thats got a genuine 37000miles on the clock (it had been dry stored a lot of its life) he does around 500 miles a year in it now. 

My old Fabia rarely moved, with the only mileage between services often being the trips to and from the dealership; at least on the occasions when it wasn't trailered there and back. I somehow managed to put around 5000 miles on it in the five years I owned it, but 1300 of those were accumulated in the last few months I had it, after I started to feel guilty about the lack of use. The Yeti will probably rack up around 6000 miles a year.

About 4000 miles per year.

Mk2 Octy vRS.

We've just had a 55 plate Corolla into work for a service and MOT, 1021 miles on it

Much lower mileages than I was expecting, I bought an eight year old Rover Metro that had 7,500 miles on the clock 4,000 which had been added to the car in its first year when it was a demonstrator so it had done 3,500 miles in seven year.  It was strange as it really did feel like a new car and hard to believe it was a good few years old.

 

I currently do around 3,000 to 4,000 miles a year on the Octavia, it's a 56 plate and had around 33K miles on it now.  I try to use the bike as much as possible for shorter trips leaving the car for longer trips which should be better for the turbo and DPF.

 

John

The wifes Audi TT is nearly 3 years old old and she has just clocked 15,000 miles.Before the Audi she owned an Lexus IS200 which had done 17,000 miles in 4 years....

We sold my grandads Hyundai Elantra 2001 on a Y plate last year after his passing, it had 21,000 on the clock owned since new.

My wife has a 2003 1.4 polo with 53,000 on it. She's only done 2,000 of them since the last MOT at the beginning of December.

Down from 6000-7000 a year to 2,000, now I am retired. If Lidl did home deliveries I probably wouldn't need it at all - most of the mileage is covered doing a once-a-week round robin trip i.e. Dump, High street, supermarket + short tootle round the locality to keep the battery charged, the engine clear and the forces of law and order (Official and unofficial) up to scratch. Cheaper all round just to hire one, as and when, e.g. For holidays. Most of the time its just sitting in the residential car park demonstrating the properties of a depreciating asset in later life !

 

 

If my experience as a newly arrived "Oldy" is representative, then with the prosoect of an expansion in the over sixties population, the exoansion of  urban parking restrictions and sericing costs remaining high (My annual service bill is about a third more than the insurance) should think there will be a burgeoning market, particularly in urban areas, for a cheap ad-hoc hire service (The car equivalent to a Boris bike), probably electric based, maybe centred around public car parks .I  believe NCP is already doing something like this for commuters into the London Congestion Charging Zone. They've created a number of new car parks literally just outside the zone on the main riutes into London, where long-distance car commuters dump their cars and take-uo an electric car/taxi/gube/bus.

 

So, whilst that sort of en-masse change in behaviour  would be something most of us would recognise as being in the National Interest, in reality, it ain't going to happen, at least not until Virgin/Easy or somebody similar, do hourly /1/2 daily hireable leccy cars at reasonable rates. I can't see me doing things much differentthe near future.

 

Nick

Edited 7 July, 201312 yr by Clunkclick

My brother purchased a new Corsa in November 2003. It's done 12000 miles.

It doesn't run very well having done mostly sub 2 mile trips for its entire life. It's on it's 3rd battery too!

If my experience as a newly arrived "Oldy" is representative, then with the prosoect of an expansion in the over sixties population, the exoansion of  urban parking restrictions and sericing costs remaining high (My annual service bill is about a third more than the insurance) should think there will be a burgeoning market, particularly in urban areas, for a cheap ad-hoc hire service (The car equivalent to a Boris bike), probably electric based, maybe centred around public car parks .

 

Nick

They are here already, albeit with standard petrol engined rather than electric cars.

http://www.citycarclub.co.uk/ is just one example.

Nearest one to me is 0.5 mile away and there are 4 within 3 miles.Given, that you have to return the car after each use to the slot where you got it, its not ideal, but neverthe less workable So if. I am doing 2k miles pa, thats just under 40 a week, so at current average outer London A road speed of 19.5 mph, that,s two hours worth of use on the road, plus one hour use whilst its parked-up in the supermarket. So that's three hours a week @ £6 an hour = £18+£6.45 for 1 gallon of juice +£1 apportioned annual club membership, totalling to £25.45per week or £1326 pa.

 

My current costs are £372 for servicing + MOT, 286 for insurance, £175 Road Tax + 50 gallons @ £6.45 (Super unleaded) £322.5, totalling £1155.5 and that's for 24/7 availability at my home address. OK, so the unaccounted for element here is depreciation, which cant be more than £500 on a 10 year old car, so £1655.5-£1326 = £229.5 is the net difference between the two systems and, in effect, represents the convenience cost of having your own car. So, there's nothing in it really.

 

IMHO, the car rental scheme will have to be far more widesoread and available than currently configured in order to bring down the costs and improve convenience.

 

Of course next year, if Boris is as good as his word and has restored the concessionary Oyster travel in London for those aged 60 and above, all the above may become academic me and I can always hope that deflationary pressures will continue to depress Sainsbury's prices towards Lidl's (I have a Sainsbury's store 300 yards away, whereas Lidals is about 2.5 miles away), but I'm not holding my breath, at the last reference shop a month ago, Sainsburys was still 30% more expensive and that £1500 annual difference  obviously Was without the benefit of Mr Carney's benign influence.

 

 

Nick

Edited 7 July, 201312 yr by Clunkclick

That's true, but assumes a) that you already have a car, and that nothing goes wrong on your car that costs hundreds to fix.

You would also have the advantage of driving round in a new rather than ten year old car.

On the other hand if you decide to do some longer journeys, your own car could save a lot.

And when they can be almost competitive on price with my 10 year old vehicle (In fact they are more than price competive if I depreciate the purchase price straight-line, £1100 pa against £500 for market rate (Curvilinear) depreciation ) which was average priced when it was bought in 2003, they've got to be more than competitive with the current higher priced, newer

models out there today. Like all these things once the hourly/daily renters get a sizeabke chunk of the market ((And that's probably going to be mainly in Urban areas) will their prices stay at the currently quoted level . . . . . When there's all that extra revenue in prospect ?

 

Nick