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When computing the real costs of a vehicle, the most important ones are often forgotten: the acquisition costs (value lost by usage) and financial costs (either loans or lost yielding by the invested money).
When computing the real costs of a vehicle, the most important ones are often forgotten: the acquisition costs (value lost by usage) and financial costs (either loans or lost yielding by the invested money).
If full insurance is not paid, some funds must be reserved for repairs and accidents. Of course, routine maintenance must be also added.
The form below helps in computing all costs:
Unless car is often used (at lest twice a day), it may be cheaper to use a taxi. Another conclusion is that buying a large car because needed for vacation days is more expensive than buying a small one and renting another one when necessary. Of course, one could introduce additional items in he equation, such as time needed to find a parking place, personal image value. Maths helps us to do informed decisions.
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