Posts about "London"

Train travel too expensive? Perhaps not compared to the car…

Published on 20 January 2009 in , , , , , , ,

Whilst I was up north over Christmas, I had one of those inevitable "cost of transport" discussions. This conversation was on the depreciation in value of cars. The result was that the annual depreciation value of their car was roughly £1,000. So if they bought their car - not a new car incidentally - left it on the drive for twelve months, and then sold it, they'd be around £1,000 out of pocket. If they left it on for two years, they'd be £2,000 out of pocket. And so on.