The 1.0 Litre Ferrari - Total Cost of Ownership
It’s often said that running a car is more expensive than public transport. From 1996 – 2008 I travelled 178,000km in the mighty Uno. A few seconds in Quicken revealed how much it cost:
| Sum of Cost | $/Year | |
| Fuel | $12,479.49 | $1,039.96 |
| Other Auto (Insurance/WOF etc) | $4,228.31 | $352.36 |
| Service (Everything inc tyres) | $13,498.98 | $1,124.92 |
| Depreciation | $11,000.00 | $916.67 |
| Grand Total | $41,206.78 | $3,433.90 |
It’s about $0.23/km. Almost certainly cheaper than a bus, my work commute was $55/week, plus I could go anywhere – literally to Bluff – when I wanted and it was fun (which buses aren't).
