Quote:
Originally Posted by john.wigley
'Kev0607', I wouldn't get too hung up over fuel consumption if I were you. When I was doing 20, 30 sometimes 40 thousand miles per year for business, it was a significant part of my total motoring expenditure.
Now that I am retired, I do maybe 2,500 in my V70. At 29.5 MPG, that is 85 gallons or about £500. If I had a car that averaged 50, it would cost me £300. I feel that the comfort and safety that my Volvo affords is worth a premium equivalent to the cost of a weekly pint. The saving in depreciation over a newer car more than compensates for the additional cost
Just another way of looking at things if you don't mind driving an older car. I quite like the warm feeling that that gives me, but you must do what is right for you!
Regards, John.
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Thanks, John. That’s a very valid point.
I do like my Volvo, it has been a very good car. Yes, its not the most economical in the world, but its a big car with a 5 cylinder engine… its not going to be. I like the “understated luxury”. No it hasn’t got a big Mercedes badge on the front of it or an Audi sign, but its just as equipped as a same year/similar model in their line up, with the added safety of it being a Volvo.
I also have some local Volvo specialists near me that can fix things that are beyond what I can do, but that may not be the case if I bought another car.
There’s a lot to take into account. Around town, which is mostly the miles I do, the D5 doesn’t do too well. At a push, maybe 28mpg. Newer cars do much more than that, some as much as 10mpg more… that adds up at the pump, but like you/others say, there’s the depreciation of the newer car and the cost to buy it.
Its worth noting, I’m not looking at “new” as such. The cars I’m looking at are around 2011/2012 plates… the bulk of their value is gone.