But you can drive the TVR as much as you want though for the £10,000 every year for 5 years! And it would be yours...
No I wouldn't. My estimates show that doing 10,000 miles a year in a Tuscan over five years would cost me £11,000+ a year. If I did more than 10,000 miles a year then the costs pretty much increase linearly.
The costs of the Tuscan include:
- £700 a month loan payments over four years
- two services a year (probably £500 each)
- one, possibly two sets of tyres a year at about each £800 set
- at least £1,600 of insurance each year
- probably £35,000 depreciation over the five years (from £50,000), Tuscans still aren't keeping their values well
I hadn't really realised how much it was until I added it all up the other day and this all assumes that nothing major is going to break, which is a big assumption.
I don't know how well maintained they are, I might be going to pay them a visit this weekend to see what they are like. They are going to be better cared for than your average hire car, don't forget it is a fairly small membership of a club driving them, rather than just random people.
All my calculations assume I will be keeping an MX5 (Miata) through the period. I currently have one I bought from new five years ago which I do 20,000 (very little highway) miles a year in. It has done 100,000 miles so far and I expect it to last another 60,000 or so without major cost. So if I bought a Tuscan I would still be doing 10,000 a year in the MX5, with the club idea I would be doing 15,000. Thankfully I find the MX5 great fun to drive...