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Yoosuf
Level 1

44 Points

Joined 5 years ago

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This is something I've thought over recently too, and actually if you think about it on the long term using your personal fuel efficient car is cheaper if your happy with the basics, but for those who require driver's and expensive insurance etc, then the taxi's is actually cheaper.
Cost of Suzuki Alto (660cc) - Rs .2.4 mil (or more depending on model and whether leased or cash sale etc)
Avg distance run per day - 40 km (5 days a week)
Fuel cost - 128/l
Est Fuel economy - 15 kmpl

3rd party Insurance, Revenue License & Smoke test - Est 10000/year
Servicing 4 times a year - Est Rs. 40000
Which comes to around - Rs. 207/day

Avg fuel cost per day - Rs. 342
Min cost per day - Rs. 549
Cost per KM - Rs.13.725

If you have a private driver,
Min Monthly Salary - Rs. 20,000
Cost per KM increases by Rs. 25
Total cost per KM - Rs. 38.725

If you have full insurance,
Est Annual Cost - Rs. 40,000
Cost per KM increases by Rs. 4.16
Total cost per KM - Rs. 17.89

For those who have a driver with full insurance,
Total cost per KM - Rs. 42.88

* This is also assuming there is no depreciation value for the car over 10 years period and it could be sold for the same figures which it was initially bought for

Cost for a scooter - Rs. 250,000
Est fuel economy - 40 kmpl (could be less depending on riding style)
3rd party insurance, revenue license & Smoke test - R.s 5000
Servicing 4 times a year - Rs. 10000

Avg fuel cost per day - Rs. 128
Depreciation cost per day** - Rs.104
Min cost per day - Rs. 294.6
Cost per KM - Rs. 7.36

**Over a 10 year period, assuming the scooter is maintained well the resale value could be around 45% of its initial purchase price


Therefore to sum up, assuming you buy a fuel efficient gasoline car with a good resale value and am happy to do with 3rd party insurance and drive yourself around then using your own ride is certainly cheaper than hiring a trishaw or tuk.
But if you want full insurance, then its still cheaper cheaper to drive your own car. However if you have a private driver without full insurance, then its certainly cheaper to get a tuk and save Rs. 5.725/km and save Rs.549,600 in 10 years running 40km 5 days a week

But if you are someone who needs full insurance and a private driver/chauffeur, then its also likely that you do not use tuk tuks and consider Uber or PickMe cars then actually its cheaper to have your own vehicle. As Uber rates are subject to surge and overall as there isn't any/much difference in cost its therefore much better to go around in your own vehicle rather than searching for taxi's. However as this analysis was on the assumption that you have a fuel efficient car which doesn't require luxury tax, if you have a more expensive ride then the cost would increase even more which then could also exceed the amount you spend on taxi's, thereby making Uber and Pickme a cheaper option

Vehicle ownership vs Taxis 3 years ago


No I did mine in English, you only need to request for that in the exam hall

Driving License 3 years ago


No you only need to request for an English paper in the exam hall and they shall give it to you.

Driving License 3 years ago


I wouldn't recommend BodyByKris especially if you are a guy and just starting out, because not only do you need to pay an additional 1000/= for a trainer but otherwise nobody cares. If you're a girl, then you may get extra attention and some basic training on your first few days. The changing room shower cubicles don't have a proper place to hang your towel and clothes unless you popup it over the cubicle. Previously one of the door locks in them were also broken until I informed them about it to get it fixed. I'm pretty sure you can get a better deal and some other gym for this price

Gyms in Colombo 4 years ago


It's not clear what the price given refers to, is it the total cost of the place for the given number of people? Or else is the the cost per head, if so why does only 2 places explicitly mention as per head?

Function Halls And Party Places In Colombo 5 years ago