JRP3
Hyperactive Member
One commenter mentioned that includes the VAT, and with the congestion tax it comes out fairly well after a short time.
I don't know enough about US taxes to be sure, but UK prices are normally quoted to include VAT so they seem to be turning it out for exactly the same price as in the US and not inflating it to reflect higher petrol prices.
At UK petrol prices and with the congestion charge it would seem to be a no-brainer, at least for those driving into central London.
12,000 miles takes around 400 gallons, so that costs £2,000pa at £5/gallon.
AT £8/day for 250 days/yr the congestion charge comes out to another £2,000pa.
If one off-sets the nil annual tax and lower maintenance against the electric bill, then you are making £4000pa.
As against a car costing £18,000 you are in the black after 18 months.