Frugal Friday | Saving on interest
Motoring
I have started with a picture of my car, now 14 years old. A smaller car would be cheaper to run but the depreciation on my car has been around £350 a year over a 7 year period. It’s still in quite good condition and I expect it to last a few more years so depreciation will be even less in the longer term. I checked my fuel consumption today and it was about 6 miles to a litre of petrol; I could do better! It was 7.5 on a Sunday. (more…)