cost per mile

From: fred smith (peugfan@juno.com)
Date: Thu 18 Jan 2001 - 15:33:46 UTC

  • Next message: tippett@pacificcoast.net: "Re: cost per mile"

    Having suffered a major computer crash last Friday, and being without a
    functioning unit for five days, I had almost 200 emails to wade through
    today, on this site alone. Too much of that was complaints about how
    awful Peugeots are to own, ya can't get parts, they always break, etc.,
    etc.

    Having a few extra minutes available over the weekend (when I should have
    been attending to e-business), I grabbed the calculator and made a rough
    estimate of what Peugeot ownership has cost me since buying my first Mi16
    new in 1989.

    My conclusion is: use it or lose it.

    Since I claim the world high-mileage record for the 405 (approx. 425,000
    miles between the two cars) it is obvious that if you drive them, they
    don't break.

    For my two Mi16s:

    Times stranded: four - alternator, coil, a shift linkage popped off (I
    should've known where to look), and that white nylon clutch pedal thing
    (back before anyone knew about it).

    Generalizations: suspension parts don't need replacing til close to
    200,000. Transmission (5-speed) is good for 200-250,000 - fifth gear
    dies. Burgundy leather shows use more readily than black. Engine never
    needs anything except oil changing every 5000 (I use the cheapest oil I
    can, usually store-brand, and Fram filters because that sandpaper
    exterior makes changing a whole lot easier). Premium unleaded can't be
    worth the money; Mi16 runs great on anything stronger than curdled milk.

    Replace the water pump when you change the timing belt. Alternator is
    good for around 150,000 miles. Coil about 225,000. Speedometer isn't
    worth fighting: use the tach (20 mph for each 1000 rpm in 5th). Rear
    calipers build up tons of corrosion on the sliders. Clean 'em up and save
    yourself a bundle.

    Parts availability - never been a problem. Loss of use of car? A day or
    two at most - how fast can you change a transmission?

    The body doesn't rust. The trunk is plenty big if you know how to pack
    it.

    Cost per mile. The original Mi16 cost me $21,500 in 1989. The current '91
    cost me $6000 in 1997 ( with 80,000 miles). Cost per mile, using 28 miles
    per gallon at $1.00/gal as a rough estimate:

    TWELVE CENTS PER MILE

    In case I left a few things out, let's call it FIFTEEN cents per mile.

    I doubt a Saturn would give you a figure like that (leaving out anything
    like the fun-factor).

    The IRS allows a deduction of over 30 cents per mile for business use
    (32.5 cents for year 2000). The more I drive my Peugeot, the more I earn!

    Admittedly, I have added a precaution recently - back-up transportation.
    Since I have no nearby relatives from whom I could mooch a ride, I picked
    up a 405S Sportwagon last fall for $1000. It needed a couple hundred
    dollars worth of replacement parts (the exhaust and a couple shift
    linkages, which even I could do). This one's gonna be even cheaper to
    run.



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