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JessieLarsen
By JessieLarsen | Community user | 1 Post | 1 May 2014 at 2:11pm

Hi Guys,
Can you help me understand what inputs are included in the running costs per kilometre information provided? And what are the parameters for ownership term and kilometres per annum?
Thanks so much
Jessie

ABayliss
By ABayliss | AA Expert | 2169 Posts | 1 May 2014 at 2:28pm

Hi Jessie,
The running costs include all aspects of running a car, including fuel, oil, tyres, repairs and maintenance, annual relicensing, insurance, WoF etc. However, the biggest component is depreciation and cost of capital.
It is based on 14,000km pa.