Advertise on DISCO4.COM
Forum · Gallery · Wiki · Shop · Sponsors
DISCO4.COM > Off Topic - Everything Else

Own or hire car conundrum
Post Reply  Down to end
Page 1 of 1
astonbuilder
 


Member Since: 29 Sep 2006
Location: MIDLANDS
Posts: 6049

England 2012 Discovery 4 3.0 SDV6 XS Auto Santorini BlackDiscovery 4
Own or hire car conundrum

Having a serious discussion as to should SWMBO give up her car and rely on public transport, taxi, pushbike, hire car, etc. instead. The thought is driven a bit by is there a need for three cars in the household, save some money (unlikely), ability for healthier transport and a slight nod to 'green credentials'

When I say 'her' car it's actually my second company car and for an approximate sum of £12/day (based on the 'loan fee' for the car itself and fuel usage) that covers 'everything' to run the car (considerably cheaper than a PCP or purchase scheme I admit).

At the moment she needs a car to realistically commute to work but she's taking redundancy and has a new job job 2 miles from home and can walk (local canal path walk goes 400m from our house to 200m from her new job), cycle (tow path or reasonable cycle route/roads), walk (mix of routes) or train/walk (400m to train station, one stop, 0.75 mile walk the other end). If she chose to use her car on occasions she has a reserved parking space at work.

At weekends she'd need a car so could use my car and I use my Fiat 124 Spider and/or motorbike (she'd probably take the Fiat for some family trips, etc. if weather decent but my car for town, shopping, friends, etc.).

If needs be could hire a car (couple of options, 15 min walk or the one-stop train hop away) but a small city car is around £25/day in round numbers. No 'pay-per-hour' car clubs operate here

To me it's almost a no-brainer to keep my second company car (future running costs likely to come down as will not be using as much fuel commuting if nothing else) just for the convenience as renting a car one day a week, a couple of taxis and maybe a bus/train pass and you're close to break-even already.

She suggested buying something 2nd hand like a Peugeot 108 but cash outlay to buy and then running costs around £4/day I calculated and just the 'issue' if anything broke, had an accident, depreciation, etc. Same with a PCP deal really as well.

Views, ideas, suggestions?
  
Post #203659213th Mar 2019 4:26 pm
View user's profile Send private message View poster's gallery Reply with quote
kajtzu
 


Member Since: 11 Aug 2017
Location: Helsinki
Posts: 3486

Finland 2005 Discovery 3 4.4 V8 HSE Auto Cairns BlueDiscovery 3

At least to us capitalists living in an almost socialist country, your second company car benefit sounds awesome. Thumbs Up

Having a car means it has an utility value to you or your wife. Considering only few cars are really investments and can have a measurable return in happiness (like the discovery), increased value (certainly not the discovery), neighbor jealousy (perhaps the discovery), etc. I don’t think getting another car is something that makes financial sense. Mr. Green

I imagine the Fiat is fully paid for so it doesn’t make sense to divest it, either?

We have two vehicles in our family but there is no question of getting rid of one. Kids “need” to go to hobbies, picked up, sometimes different work schedules, etc. We have not had a discussion of greenwashing in our household.

Perhaps plant a few trees instead? Whistle
  
Post #203659913th Mar 2019 4:51 pm
View user's profile Send private message View poster's gallery Reply with quote
adam
 


Member Since: 20 Sep 2005
Location: Home and Happy
Posts: 6475

United Kingdom 

If I read that right, its £4380 a year for something that may be used occasionally?

If used every weekend for both days that's £42 per day (rest of the time its not moving off the drive?)

Sounds expensive to me?
 Now Golf GTI PP, 7 speed DSG.
Ex D3 and D4 
 
Post #203660113th Mar 2019 4:57 pm
View user's profile Send private message View poster's gallery Reply with quote
astonbuilder
 


Member Since: 29 Sep 2006
Location: MIDLANDS
Posts: 6049

England 2012 Discovery 4 3.0 SDV6 XS Auto Santorini BlackDiscovery 4

The Fiat is mine as is the motorbike and watch collection - 2nd marriages don't 'work' the same as first one's as you get to add the clauses in on these ones Mr. Green They are not being 'divested', full stop.

The deal is good hence my no-brainer conclusion. I also don't work my butt off to get the benefit only to replace said vehicle (currently an Evoque) with a Censored Peugeot 108 that needs a lump of capital before we even start crunching the numbers.........

I'll suggest the tree planting option, how many you reckon Wink
  
Post #203660213th Mar 2019 4:58 pm
View user's profile Send private message View poster's gallery Reply with quote
astonbuilder
 


Member Since: 29 Sep 2006
Location: MIDLANDS
Posts: 6049

England 2012 Discovery 4 3.0 SDV6 XS Auto Santorini BlackDiscovery 4

adam wrote:
If I read that right, its £4380 a year for something that may be used occasionally?

If used every weekend for both days that's £42 per day (rest of the time its not moving off the drive?)

Sounds expensive to me?


That's sort of where we started from Adam but anyone that owns a car doesn't get 'value' from it in reality (depreciation on all them D3, D4 and D5's anybody Whistle ) and I'm not sure the 'better' alternatives offer as great a benefit as you'd first imagine Confused

I also am not sure the 'intended' plan of SWMBO to walk/cycle, etc. will be as frequent as the intent or wish to do so.......... Whistle

Sunny summer days a lot more likely than wet windy days and days, add in the "oooh, I'm going to the gym after work" or "popping round to see......", etc. and that is why I mention she has a reserved parking space in the new job right in the town centre - that could/will make all the difference I expect........
  
Post #203660413th Mar 2019 5:03 pm
View user's profile Send private message View poster's gallery Reply with quote
kajtzu
 


Member Since: 11 Aug 2017
Location: Helsinki
Posts: 3486

Finland 2005 Discovery 3 4.4 V8 HSE Auto Cairns BlueDiscovery 3

There is the option that the user pays for the fully loaded cost of a vehicle rather than you. If the family money is pooled it is not very smart, of course, since it means less cash on hand in the long run. On the other hand then the person can choose whatever and be a responsible adult for it.

Dunno what trees go for, if it’s like roses - a lot is good but too many are weird (or you seem guilty) Mr. Green pretty sure Google will help you guys out figuring whether to outsource the whole activity or do it in your back yard. Whistle
  
Post #203660613th Mar 2019 5:04 pm
View user's profile Send private message View poster's gallery Reply with quote
adam
 


Member Since: 20 Sep 2005
Location: Home and Happy
Posts: 6475

United Kingdom 

astonbuilder wrote:
adam wrote:
If I read that right, its £4380 a year for something that may be used occasionally?

If used every weekend for both days that's £42 per day (rest of the time its not moving off the drive?)

Sounds expensive to me?


That's sort of where we started from Adam but anyone that owns a car doesn't get 'value' from it in reality (depreciation on all them D3, D4 and D5's anybody Whistle ) and I'm not sure the 'better' alternatives offer as great a benefit as you'd first imagine Confused

I also am not sure the 'intended' plan of SWMBO to walk/cycle, etc. will be as frequent as the intent or wish to do so.......... Whistle

Sunny summer days a lot more likely than wet windy days and days, add in the "oooh, I'm going to the gym after work" or "popping round to see......", etc. and that is why I mention she has a reserved parking space in the new job right in the town centre - that could/will make all the difference I expect........


Makes sense from that perspective. TBH, I'm being made a homeworker as is the missus from 01/04 and we both have cars that, in theory, will get used a lot less than now but there isn't a hope in hell of me giving mine up (unless something drastic happens financially) and cant see the missus giving up her independence either.
 Now Golf GTI PP, 7 speed DSG.
Ex D3 and D4 
 
Post #203662513th Mar 2019 6:03 pm
View user's profile Send private message View poster's gallery Reply with quote
lynalldiscovery
 


Member Since: 22 Dec 2009
Location: Maidstone
Posts: 5518

United Kingdom 2006 Discovery 3 TDV6 Metropolis LE Auto Bonatti GreyDiscovery 3

I would not be happy with my wfe walking down the local tow path come winter time!
 Disco 5, no not one of them, I mean my fifth!  
Post #203675013th Mar 2019 10:21 pm
View user's profile Send private message View poster's gallery Reply with quote
astonbuilder
 


Member Since: 29 Sep 2006
Location: MIDLANDS
Posts: 6049

England 2012 Discovery 4 3.0 SDV6 XS Auto Santorini BlackDiscovery 4

She won't....
  
Post #203681614th Mar 2019 7:47 am
View user's profile Send private message View poster's gallery Reply with quote
stew 46
 


Member Since: 01 Dec 2011
Location: cornwall
Posts: 8775

England 2005 Discovery 3 TDV6 SE Manual Siberian SilverDiscovery 3

We have 3 vehicles on the drive between me and Julia my partner , ( nice transit and D3 both mine ) and Julia’s nice Volvo D3 , she said about selling her Volvo as she works 2 x 13 hour shifts a week as she’s a nurse , but the thought of D3 being use as and when I might need it Big Cry , then there’s the tax , insurance, fuel etc etc etc , I’m happy for her to use it when needed but I’m not giving it up Thumbs Up at the moment we pay for our own vehicle expenses and I won’t it to stay that way Thumbs Up Thumbs Up
 -------------------------------------------------
if you cant hold on dont let go , it ill come in handy for something even if you never use it.
D3 SE 05,
110 s wagon 300 tdi SOLD
h top transit
crew cab transit
transit connect
ausa dumper, muck truck .
peljob 2.5 digger
06 L 200 crew cab 
 
Post #203682614th Mar 2019 8:14 am
View user's profile Send private message View poster's gallery Send e-mail Reply with quote
lynalldiscovery
 


Member Since: 22 Dec 2009
Location: Maidstone
Posts: 5518

United Kingdom 2006 Discovery 3 TDV6 Metropolis LE Auto Bonatti GreyDiscovery 3

astonbuilder wrote:
She won't....


I must have read it wrong?
 Disco 5, no not one of them, I mean my fifth!  
Post #203683014th Mar 2019 8:31 am
View user's profile Send private message View poster's gallery Post Reply
Display posts from the last:  
Post Reply Back to top
Page 1 of 1
Jump to:  
Previous Topic | Next Topic >


Posting Rules
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum



DISCO4.COM Copyright © 2004-2019 Futuranet Ltd & Martin Lewis
DISCO3.CO.UK RSS Feed - All Forums

DISCO4.COM is independent and not affiliated to Land Rover.
Switch to Mobile Site