Real cost of running a truck.

[Mark Bolam]

You know what it's like when you run a truck (Transit in my case).

 

You occasionally get asked to ferry stuff about for mates who can't fit stuff in their cars etc.

 

Things are slack at the minute, so I don't mind doing a few favours, but I thought I'd do a few costings. What does it really cost per mile?

 

Diesel, depreciation, tax, insurance, tyres, servicing, MOT.

 

The real cost?

 

75 pence per mile!!!!!!!

 

I thought I'd got my sums wrong at first.

 

The favours stop NOW!

[Dean Lofthouse]

I only do 3 to 4k miles per year so my costs are probably double that Mark

[Sam Thompson]

24p per mile just in fuel for me... I rarely do favours!

[Mark Bolam]

I only do 3 to 4k miles per year so my costs are probably double that Mark

 

They will be mate, I based it on the 10k/year I have averaged since owning the truck.

[pleasant]

It's still depreciating, still taxed and still will require an mot whether you use it for favours or not.

[jrose]

I try not to think about this sort of thing too much...

 

Luckily for me, old land rovers don't really depreciate too much! Brought mine for £1900 a couple of years ago and could sell it today for more than that

[Mark Bolam]

It's still depreciating, still taxed and still will require an mot whether you use it for favours or not.

 

Very true, but extra mileage increases depreciation.

 

Diesel alone costs me 33p/mile.

 

What I'm getting at is I'll still do the favours. For 75p/mile.

[farmer_ben]

Thats an interesting topic for me Mark, my truck is insured for my bro to do odd bits with and my girlfriend to tow horse trailer etc. I have worked out fuel is around the 30p a mile mark but hadnt worked out depreciation, insurance, tax, annual repairs etc. Gonna have to look at the overal costs in more detail i think in the not to distant future.

[alex_m]

If i borrow a friends van, i'll chuck them a tenner (obviously for local stuff) and pay for the fuel i use on top of that.

 

Do they expect it for free Mark? Some mates!

[Mark Bolam]

No mate, they always sling in £10/£20/slab of beers or they'll do a favour for me, but I had no idea how much it was really costing.