pilferk
Jambo Wildbunch Gang
- Joined
- Nov 17, 2005
- Messages
- 6,881
Not to be argumentative either, but I will say that pilferk, I think you are way underestimating the cost of driving. The wear and tear on your car is well over $.08 a mile. Heck, the depreciation on your car is about that much. Go to Kelley blue book and type in a 2006 Dodge Caravan with 30,000 miles then type in the same car with 32,000 and the value drops $150. That is $.075 a mile.
I used the .08 per mile based on tire cost, break costs, oil change cost, and "other fluid costs broken down by mile, then used the number of miles for our round trip (2400 miles), to get the number. I then "padded" the number by a couple of cents to take into account other mechanical wear and tear (but not consumable). They were guesstimates of our costs, but they're based on actual prices we've paid within the last couple of years. Gas I included seperately. Am I forgetting anything you all can think of?
And while the depreciation scenario you depict above is technically true...try it with 32000 and 34000. You'll notice no difference. In "mucking around" with the finder, it seems like the changes occur about every 4000 miles or so, and vary in amount. For the vehicle in question, it would actually be more like .037 cents per mile. Still making the .08 per mile pretty close, IMHO...especially for our vehicle (where the difference is non-existent given the year, make, and model of our van).
As for OUR depreciation...we drive a 2002 Ford Windstar, which runs like a top. I'd grade it in "good" condition, from a body standpoint (and so far excellent mechanically). I plugged our current mileage vs the mileage after a trip...no difference at all.
The government mileage rate is $.505 per mile (which includes gas). Which for a 2400 trip is $1,200. I think that is a bit high but it is a ball park.
I steered away from govt mileage rates because the assume absolute "worst case" scenarios in every single category to get a "fair" number to apply to everyone. Great for work....because it puts the most $$ in the person travelling's pocket to ensure "fairness". Not so great for figuring out personal travel, IMHO. For us, it's more than "a little high". For you (meaning the global you, not you, exactly), depending on what you're driving...and if you hit "worst case scenario" that the govt uses...maybe it's more apt.
And if you are staying over both ways, that is two extra days that could be spent on vacation. That is an opportunity cost. Assuming your family income is around $100K per year, that is very roughly $550. Those vacation days could be used for another vacation or to extend the current one. If you consider being in your car and driving a vacation, that wipes out that cost, again, assuming that is your preference. And a lot of people love road trips!! I understand that.
Not the way we travel. I can't take vacation time on a Saturday (which is our final travel day and arrival home day on the return trip when driving). Even if we flew, we'd have to travel on home on a Friday (we're DVC members, we do ONE weekend night at the begining of our trip....won't spend the points on more of them), arriving home late in the day. No ability to reclaim costs, there.
As I said, the ONLY thing I'd be able to regain, from an ACTUAL opportunity cost, would be one vacation day. Adding that in, even, it's not "worth it" for us. We've analyzed this 6 different ways from Sunday....I'm a data guy by trade. Every family is certainly going to be different. I have not been able to find a way where flying saves us money, with prices at current levels.
And finally, as for wear and tear on your body, I have never done it, but from reading this thread it seems like most folks are pretty tired that first day especially if you drive straight through.
We did the straight through thing last trip. That WAS tough, and if you're doing that I'd say you might have a point.
But doing the split up thing? We arrive at Disney sometime around 4 PM on our first day. If we flew "cheap" we'd likely arrive around the same time, or a bit later, out of Bradley...that or we'd have to fly out at 6 - 7 AM. I wouldn't see much of an economy, either way, on THAT particular (actual arrival) day.
Again, I don't find it that tough, our kids travel well, and I don't find it any more stressful than flying, in sum total. How you feel about flying and driving are obviously going to effect you...but that gets down to preferences, and not "costs".
There is a similar opportunity cost there if can’t enjoy your time, but it is certainly harder to quantify. And another cost on you is the stress of driving and the much higher (statistically) probability of an accident. But that goes back to the preference thing. Yes, there are airline horror stories about delays and bad customer service which I agree is getting worse, but I would prefer to be delayed for several hours sitting in an airport lounge instead being stuck out on the road.
Yeah, I don't much enjoy flying, either. I don't hate it, but...there are certainly things I'd rather be doing. I feel the same way about the drive.
So in that respect....with driving, at least I'm somewhat at my own mercy. If there are delays, we have a GPS that can get us around them. If there is car trouble, we have AAA to come to the rescue.
So, when you consider those factors, I think it becomes more of a preference. That is what I meant. For my next trip, with airfares in the $500-$600 range per person round trip which is a huge factor, I am preferring to drive for a lot of the reasons everyone has stated and I am looking forward to planning it and doing it. I love to fly and hate to drive so I doubt it will be my long term preference, but it is something I always wanted to try.
For your family, that may very well be the case. Not for ours...and I daresay not for many. I hope I've shown why for at least some of us it IS a big cost savings. As you said, your mileage LITERALLY may vary.
