That’s a question we’re often asked at godrive.nu. That’s why we’ve set down the various expenses and costs you need to take into account.
The actual cost of owning a car is always difficult to estimate, but at the end of the day there are a number of considerations to take into account. The most obvious are:
The two expenses mentioned below are often overlooked, but are actually quite important when gaining an insight into the total cost of owning a car.
At godrive.nu, we work together with many car companies, investors, insurers and automotive parts suppliers in order to obtain the best price for our customers. This means that in the end we are often much cheaper than other forms of car ownership, and there is no need for you to worry about unexpected repairs or extremely disappointing depreciation after only a few years.
On the next page, we have provided an example calculation of how much a car actually costs. This is based on 4 years of driving with an average mileage of 9,000 kilometres per year. The car in this example is a four-year-old Volkswagen Polo with 100,000 kilometres on the clock.
The car’s asking price including guarantee, service and new MOT certificate is a market-conform 16,000 euros.
The immediate monthly costs for this car are:
Insurance (full coverage) €70
Road tax €34
Road assistance Europe including at home service €12
Total immediate monthly costs €116
De indirecte kosten ofwel reserveringen zijn als volgt uit te splitsen op basis van onze ervaring Based on our experience and current market data, the indirect costs, or reserves, for a four-year-old Volkswagen with 100,000 km on the clock and an average mileage of 9,000 km per year can be split into the below-mentioned categories. The expectation is that the Volkswagen Polo will still be worth 7,000 euros in 4 year’s time, and that the car has been fully financed at current interest rates.
Indirect costs / reserves
Maintenance & repairs €43
Tyres €12
Depreciation / financing €187
Interest on investment €95
Total indirect monthly costs €337
Total monthly costs for a Volkswagen Polo (excluding fuel) with a mileage of 9,000 km per year.
Direct costs €116
Indirect costs €337
Total monthly costs €453
The same car at godrive.nu will cost you: €429 all inclusive
With a contract duration of four years, that’s a saving of €1,152 with a godrive.nu car.
If you have any questions about the actual cost of owning a car, or would like to know more about the services we provide, please get in touch with us. You can do this via the website chat function, or by sending us a WhatsApp message. We look forward to hearing from you.
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