I looked at this for a fun car to use at the weekends twice a month but it wasn't cost effective.
To rent for a weekend:
- Rental: £300 (dependent on the car, but £300 was the cheapest)
- Fuel: £100
To do it twice a month, between April and October would cost £5,600. Instead I picked up a fantastic car for just under £10,000 with less than 50,000 miles on it.Man Maths has me at (over 12 months):
- Depreciation: £500
- Maintenance: £1500 (includ. tires)
- Insurance and tax: £750
- Fuel: £1000
which is £3,750 v.s. £5,600.