D2 S8 Annual Mileage & Running Cost

[David's8]

As it is the third anniversary of owning my 8, I was looking at the mileage covered and the cost of ownership. In the three years I have covered 30,610 miles. I do not use it for daily commuting but do use it for getting around the country on business and pleasure - as far apart as Portland to Thurso. I have done over 7 trips to the South of England in that time. So it comes out as an average annual mileage of 10,203. Over the life of the car its an average of 8,226. (The Laird, as previous owner, put around 30k on it in 18months!).

In the three years I have spent £3,333 on servicing, repairs, parts, 4x summer tyres, MoTs and a set of winter wheel and tyres. The major repair items have been control arms and track rod end changes. So its £1111 per year. Now, I dont think that thats bad at all considering that the winter wheels and tyres are a bit of a one-off item.
I would expect (hope) that depreciation is less than £1k pa given the price I paid and what its now worth .... ?
I didnt want to think about fuel costs and no doubt The Laird, with the spreadsheet to end all spreadsheets regarding fuel/price/mileage and use, will be able to provide a figure us as a cost per 1000miles.

[moltuae]

I probably do similar annual mileage to you, possibly a bit less these days. My S8 is my daily driver, but the majority of my work (IT support) is done remotely from home now so, other than two or three trips down south each year, most weeks I drive less than 100 miles.

Rough figures; at around 10K per year, I'd say our S8s are probably costing us less than £1500 extra per year in fuel, that's assuming the alternative is something 'sensible' (aka boring) that achieves twice the mpg, and taking the S8's average mpg to be around 20mpg.

10,000 miles @ 20mpg = 500 gallons.

Price per gallon was around £6.50, now more like £5.50, so taking an average of £6 per gallon, 500 x 6 = £3000 ... £1500 more than a 40mpg vehicle would achieve.

Bargain, I'd say.

Personally, I'd still choose my S8 over a super economical noddy car, even if it were costing me twice as much as that in fuel.

[The_Laird]

Originally Posted by David's8

I didnt want to think about fuel costs and no doubt The Laird, with the spreadsheet to end all spreadsheets regarding fuel/price/mileage and use, will be able to provide a figure us as a cost per 1000miles.

You'll have to wait just a little for the amazing spreadsheet as I will soon have a record of every tankful and mileage for 50K miles! This should be available in about 6 weeks. But I don't track the fuel cost, just the consumption, although I'm sure those figures will be available somewhere.

Edit: I found the figures here: http://www.petrolprices.com/the-price-of-fuel.html

Based on this (although I now use premium unleaded and not standard unleaded), fuel costs over the last 3 years for just under 48K miles have been 28.35p per mile.