Quote:
Originally Posted by DCM
Cost per mile usually isnt just your fuel though, just to toss you a curve ball.
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Ok, then it'd be:
((Cost of servicing & repairs + cost of tyres + cost of insurance + cost of MOT + cost of any other vehicle related expenses*) / number of miles) + (Price per litre x 4.54 = price per gallon (ppg)
ppg / mpg = price per mile)
(* depreciation = value at start of period - value at end of period)
