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Moving house soon folks and the wife was planning to commute by train. Annual ticket would cost about £1,800.
Is it possible to get a car, insurance, tax, MOT etc etc for anything close to that figure per year?
Just about, if she can settle for an Aygo and 10000 miles pa.
You'll need to find your own insurance though, I've no idea how much of a hooligan your wife is.
Don't forget fuelling and any parking charges on top of that. Is the drive going to be a grim slog in traffic both ways?
If she has a car ATM then factor that in to what you are already paying. I could mean you have more budget than you think.
Also, depending on the commute, don’t dismiss a nearly new car with plenty of warranty left.
Think you can usually lease a smart car for £99 per month
Edit - that's a Smart
Train to where? Bet city/town centre parking will cost a significant portion of that rail ticket. Our parking season pass is £1200!
Cheers guys. She walks to work at the moment so there’s no current cost to build into it. Commute is 12 miles each way on relatively quiet roads. There’s no cost for parking at her place of work.
As above don't forget to account for petrol.
A season ticket for me would be £3320, petrol comes to £1900, plus tyres, tax, MOT, other consumables and the occasional maintenance I'd probably say it's about even between the two.
But just owning a car for everything else wouldn't be viable either. And the station is 3 miles at this end and a mile and a half at the other end, and the train doesn't allow bikes so I'd have to buy two commuter bikes as well. So it doesn't work for me.
I'd say get the train, if nothing else it's substantially better for the planet and a lot less stressful compared to sitting in traffic (unless you're on a busy line and/or Southern).
Sounds like a perfect case for bangeromics rather than leasing. Honda Jazz for about £1-1.5k under 70k miles on it witha years MOT. Cheap insurance, keeping it going for 3 years at 6-7k miles a year shouldn't be a problem either. You'd be quids in.