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I have just bought a tour business, with the above vehicle, only to find the tour price has not increased since 2004!
So I will obviously have to raise it. But what to?
I've found out from the Stats Dept that the CPI has increased 22%, so what about vehicle running costs?
Can you help please? (I don't have the 2004 issues of your magazine)
Barbara
Hello Barbara. In 2004 we calculated the cost to operate a 3.0 litre diesel vehicle to be .72c per km, compared with our latest calculation of .80.9c per km, so an increase of close to 12.5%.
Hope this helps.