17-12-2019, 08:38 AM
(This post was last modified: 17-12-2019, 08:48 AM by Andy Bennett.)
hmm, i would suggest that rather than including a loss of interest on capital at 8p a mile, i would think that you could include a positive amount in terms of increase in value. I bought my A7 10 years ago at £4300 and it is now worth around £8K. So it is an asset gaining in value not losing from lost interest from a static value.
So you need to look at what you paid, what it is worth now and then divide that increase over the years as a contribution, Then looking forward I would suggest an assumption of a further increase in value. I believe ou have a ruby which might be at the lower end of value increases but it will still be there.
Then how about a contribution from free show entry? We regularly go to shows costing £5 to £10 a head and get in for free. We cal our A7 our Blue Peter badge for those who remember them.
oh and using your calculations I make it that the A7 then wins
Of course if you did more miles in the 7 then it would just get better, so a perfect argument for getting it out more.
Andy B
So you need to look at what you paid, what it is worth now and then divide that increase over the years as a contribution, Then looking forward I would suggest an assumption of a further increase in value. I believe ou have a ruby which might be at the lower end of value increases but it will still be there.
Then how about a contribution from free show entry? We regularly go to shows costing £5 to £10 a head and get in for free. We cal our A7 our Blue Peter badge for those who remember them.
oh and using your calculations I make it that the A7 then wins
Of course if you did more miles in the 7 then it would just get better, so a perfect argument for getting it out more.
Andy B
Enjoy yourself, it's later than you think!