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Author Topic: AA Running rate  (Read 1273 times)

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Offline CDK

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AA Running rate
« on: May 07, 2015, 06:43:25 pm »
Does anybody have an idea of the AA rate running cost for the LC ADV excluding fuel?
 

Offline Draadwerk

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Re: AA Running rate
« Reply #1 on: May 07, 2015, 06:45:09 pm »
No idea. Charge the client R9,50. Problem solved 😄
 

Offline plaky

Re: AA Running rate
« Reply #2 on: May 08, 2015, 02:40:17 pm »
I did a rough calculation taking into assumption the following: Cost of GSA R210k, will do 100 000km in 5 years, 20k for tyres every 10 000km, 10k fuel at 10l/100km, 36k Insurance at around R600pm, 20k servicing and maintenance at R2k per service, total net cost R296k, divide by 100 000km comes to R2.96/km. I am not a maths person but I think this is an ok rough calculation. Anyone agree?
 

Offline Beebop

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Re: AA Running rate
« Reply #3 on: May 08, 2015, 02:50:27 pm »
Plaky you missed HP charges, that makes your cost  higher.
 

Offline CDK

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Re: AA Running rate
« Reply #4 on: May 18, 2015, 02:27:52 pm »
Thank you for your reply.

 

Offline Sláinte Mhaith

Re: AA Running rate
« Reply #5 on: May 18, 2015, 03:07:35 pm »
I did a rough calculation taking into assumption the following: Cost of GSA R210k, will do 100 000km in 5 years, 20k for tyres every 10 000km, 10k fuel at 10l/100km, 36k Insurance at around R600pm, 20k servicing and maintenance at R2k per service, total net cost R296k, divide by 100 000km comes to R2.96/km. I am not a maths person but I think this is an ok rough calculation. Anyone agree?

Here is how I normally calculate it.

Monthly installments R4500+600 insurance and licence = R5100 per month over 1667km = R3.06/km
Tyres R2000/8000km + R1500/15000km = R0.35/km
Service R3000/10000km = R0.3/km
Fuel R14/15km/l = R1/km
(just quick figures)

Total = R4.71 cost (add 30% or whatever if for business use and charging a client = R6.20)

To be 100% correct on your cost you should actually subtract the trade in value after 5 years but I see this as deposit on the next vehicle or progress to afford a better vehicle next time.
Another method would be to work on a hp with residual value or leasing the vehicle.

Plaky you missed HP charges, that makes your cost  higher.

He used the actual value of the vehicle but I prefer to use hp charges which most will have. If bought cash you have to take into account money "lost" if you could have invested that cash.
 

Offline Copernicus

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Re: AA Running rate
« Reply #6 on: August 10, 2015, 03:04:00 pm »
I did a rough calculation taking into assumption the following: Cost of GSA R210k, will do 100 000km in 5 years, 20k for tyres every 10 000km, 10k fuel at 10l/100km, 36k Insurance at around R600pm, 20k servicing and maintenance at R2k per service, total net cost R296k, divide by 100 000km comes to R2.96/km. I am not a maths person but I think this is an ok rough calculation. Anyone agree?

Here is how I normally calculate it.

Monthly installments R4500+600 insurance and licence = R5100 per month over 1667km = R3.06/km
Tyres R2000/8000km + R1500/15000km = R0.35/km
Service R3000/10000km = R0.3/km
Fuel R14/15km/l = R1/km
(just quick figures)

Total = R4.71 cost (add 30% or whatever if for business use and charging a client = R6.20)

To be 100% correct on your cost you should actually subtract the trade in value after 5 years but I see this as deposit on the next vehicle or progress to afford a better vehicle next time.
Another method would be to work on a hp with residual value or leasing the vehicle.

Plaky you missed HP charges, that makes your cost  higher.

He used the actual value of the vehicle but I prefer to use hp charges which most will have. If bought cash you have to take into account money "lost" if you could have invested that cash.

Good real world figures here.  I started a similar thread to determine/share cost of ownership but it went south soon.  Seems as if people were not interested, at that time, to know what the real cost of a bike is.  I can understand savings on your sanity, etc., but that was not the point.
 Anyway, if you are interested, here it is:  http://www.wilddog.za.net/forum/index.php?topic=159205.0
I started biking as an under achiever and it went downhill from there...