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Cost of Ownership, 2000 MPV
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javadoc
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PostPosted: Fri Mar 12, 2004 5:57 pm    Post subject: Cost of Ownership, 2000 MPV Reply with quote

Well, since the sale of MochaVan is in the bag now, I was calculating some cost figures on it over the time it was with us. Here's what I came up with, in case anyone was interested. Maybe it's all irrelevant, but you never know. What is really interesting to note is that after I crunched the numbers, the cost of the vehicle itself is only about half of what it costs to actually OWN the vehicle.

I am kind of sad to see the van go, actually. It was a great vehicle for our family, and was the most reliable we've ever owned by a far cry. The new Sienna which replaces it cost about 70% more per month for the loan, 20% more for insurance, but about 10-20% lower fuel costs (assuming static prices.. riiiight), and hopefully a substantially higher resale value. Time will tell.

Gone, but not forgotten: MochaVan

2000 Mazda MPV LX

Purchase Price: $23,000

Term of Service: 53 Months

Payments on Loan: $18,603 ($351 x 53)

Sales Price: $11,999

Proceeds from Sale: $5,598 (Loan Balance -minus- Sales Price)

Raw Cost of Ownership: (Payments -minus- Proceeds) $13,005

Monthly Raw CoO: $245.38/mth

Avg Fuel Economy: 17.354mpg

Total Fuel Cost: $3,988.48

Total Insurance Cost: $4,664 ($88/mth)

Total Maintenance: $428.63 (Oil changes and K&N Air Filter)

Javadoc Way of Calculating Cost of Ownership:
- Raw CoO+Fuel+Insurance+Maint... $13,005 + $3,988 + $4,664 + 429 = $22,086

Java CoO Method, Monthly: $416.72/mth
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subearu
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PostPosted: Fri Mar 12, 2004 7:51 pm    Post subject: Re: Cost of Ownership, 2000 MPV Reply with quote

Did you get a nice new pic of 'er before you said goodbye?

-Brian

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RedWingsGuy
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PostPosted: Fri Mar 12, 2004 11:19 pm    Post subject: Re: Cost of Ownership, 2000 MPV Reply with quote

Ownership cost of MPV... $416.72/mth.

Membership in MPVClub... Priceless.

2003 LX Coastal Blue - Rear Air - 195,000 Miles. Sold 9/27/2013.

1990 Lumina Rust Bucket - 125K miles and rusted out Scrapped 8/05

2008 Scion xB Silver - Just automatic transmission - 60K Miles goaliegirl's ride

2011 Scion xB Crimson - Automatic transmission and Alpine Audio - 25K Miles My ride

2007 Passat Wagon from the in-laws - DW's ride.

Been there, done that.
Went somewhere else, did it again.
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papabear
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PostPosted: Sat Mar 13, 2004 1:16 am    Post subject: Re: Cost of Ownership, 2000 MPV Reply with quote

RedWingsGuy wrote:
Ownership cost of MPV... $416.72/mth.

Membership in MPVClub... Priceless.


Nice... agree

Rogelio (ro-hel'-lyo)
07 Ody EX-L w/navi&dvd
The other cars...

08 Nissan Altima Hybrid
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Dan
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PostPosted: Wed Mar 31, 2004 5:18 pm    Post subject: Re: Cost of Ownership, 2000 MPV Reply with quote

Interesting figures and observations, JD. And interesting that the cost of the van is not much more than the cost of fuel, insurance, and maintenance. I'll bet a lot of folks don't realize that when calculating how much vehicle they can afford.
Dan
2001 Rainforest Green LX (164,795 miles)--Minnie (The vacationator)
2006 Honda Civic EX with NAVI and 5sp MT (102,338 miles, new block at 89K) (Dan's daily driver)--Blue Car
Sold (scrapped) on 10/30/04 at 165,599.4 miles....1987 Honda Accord DX (165K miles)--Tan Car
Sold (scrapped) on 9/26/09 at 148406.4 miles and 24 years old....1985 Toyota Camry LE --Brown Car (Dan's former daily driver)
And more human powered bikes than I can count.....
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Dan
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PostPosted: Wed Mar 31, 2004 8:55 pm    Post subject: Re: Cost of Ownership, 2000 MPV Reply with quote

Also, you need to include costs of tax, title, registration, licensing--all those goodies. In some states they can be significant expenditures.

And don't forget about any accessories. Snow tires, audio upgrades, that sort of stuff. Those should be factored in as well.

Dan
2001 Rainforest Green LX (164,795 miles)--Minnie (The vacationator)
2006 Honda Civic EX with NAVI and 5sp MT (102,338 miles, new block at 89K) (Dan's daily driver)--Blue Car
Sold (scrapped) on 10/30/04 at 165,599.4 miles....1987 Honda Accord DX (165K miles)--Tan Car
Sold (scrapped) on 9/26/09 at 148406.4 miles and 24 years old....1985 Toyota Camry LE --Brown Car (Dan's former daily driver)
And more human powered bikes than I can count.....
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Beachnut
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Joined: 19 Jun 2002
Posts: 2469
Location: Cape Coral, FL, USA

PostPosted: Wed Mar 31, 2004 9:24 pm    Post subject: Re: Cost of Ownership, 2000 MPV Reply with quote

Hey ... you forgot the springs, struts, catback, downpipe, ecu, etc, etc. Oh wait, that's the other car - those *costs* don't count! Wink
Scott
'03 MPV LX/GFX Midnight Blue
'98 Volvo V70 T5
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