I am looking at applying for a job within the company I currently work for. It would be a training course for 2-3 yrs then a really good position/salary.
The issue is, I currently spend £20 a week in fuel for work only. I have a weekly mileage of 60 miles.
If I continue my application and am successfull, my fuel bill would be £100 a week, 80 miles daily.
Mileage would be 400 weekly.
I could not afford this during the training period, nor I think would want to subject this to my car.
I have been told by my superiors that i should not be doing the job I am doing and that they expect me to progress/branch out within the company.
It's a rather global company, what do they want?
What should I do?
I really want to keep a miggy, but TBH, the miggy's economy isn't the greatest, so I have been looking at merc 220 cdi's.
Help!
Right, do your sums properly, you havn't at the moment.
You need to consider
1) Real economy over the longer distance and not the short one you currently drive (where a large percentage will be on the warm up cycle)
2) Depreciation of the asset, a figure of 20% value lost a year is not un-reasonable.
3) Service costs, the mileage you talk of would ideal require 4 oil changes, 1 air filter, 1 fuel filter, 1 pollen filter, set of brake pads and a set of 4 tyres per year + other items no doubt
As a rough guide for your current car
Depreciation - Negligable, its already low value
Fuel, I would say 1 tank per week so 70 quid
Tyres - 300 quid a set
Servicing 200 quid?
Now what about the merc......
This is something I have done recently due to being in a similar situation.....I worked out the commute will cost me around 4000 a year total in the 2.5 manual (includes insurance, tax etc which I would have to pay anyway).
The interesting bit is that the mpg gain of a modern diesel over the petrol I have is totally lost when depreciation is taken into account!