What is your Car/s value / Home value ratio?

[Gunk]

Reading the parking thread and seeing all those posh cars outside fairly modest houses made me think about the attitude on a non-motoring forum towards car ownership.

Our own ratio (minus motorcycles) is less than 2% of the value of our house as we run older cars. (2015 Golf GTD and a 2009 Mini Cooper Clubman)

 

[KneesUp]

I’m the same @Gunk. Car was old-ish when I bought it. It still works several years and many miles later. It’s worth almost nothing because it’s such high mileage, but until regular servicing and the odd few hundred quid of repairs is no longer enough to keep it going I will keep it. It’s comfy and efficient and costs nothing in depreciation (because it has basically zero value). What’s not to like?

 

[presta]

I don't own a car now.
The last time I bought one in 1989 it was about 11%, and all the previous ones were infinite, because I didn't own a house.
The last bike I bought would have been about 0.3% perhaps.

 

[Profpointy]

Way less that 1%.
My car cost me £2500 about 12 years and 150,000 miles ago !

Even when I still had the bike as well it was still under 1% combined

 

[vickster]

About 1%

 

[Brandane]

My car isn't worth much, a 2015 Suzuki S-Cross. But then, neither is my 2 bedroom flat. I don't care, there's no-one of any significance to pass it on to, so makes no sense to me to have a pile of my worth tied up in property.
At a rough estimate, 5%.

 

[sevenfourate]

Car is approx 2% of house value. House is about National average for a 4 bed detached. I just have no i interest in cars these days and would rather pile it into pensions……

 

[Gunk]

Car is approx 2% of house value. House is about National average for a 4 bed detached. I just have no i interest in cars these days and would rather pile it into pensions……

That’s what I did, now retired!

 

[Electric_Andy]

Cars worth about 3.5k. Just bought our house for 315k. We couldn't afford to buy or lease a new car, even if we wanted to. At 10 years old the car is still fine, in fact we have 2 but will be selling one when the insurance runs out

 

[cyberknight]

similar to @Electric_Andy
Car is a 10 year old dacia and we have a 3 bed semi , one of our neighbours is in a council house across the road and they both have mercs so i must be doing something wrong like working and paying taxes ! . ( yes im generalizing and i know plenty do work but in this case nope , heck they even drove to the voting station a 5 min walk up the road )

 

[DCLane]

We've three cars - SWMBO's Honda Jazz is worth about £1k. But I've got my prize win Honda CR-V (£20k+) and my late mum's Vauxhall Agila (£4k) so a guess would be about 7-8%.

 

[fossyant]

Tend to buy cars nearly new and run them for a long time. 22 year old and 12 year old cars. Both together not worth much over a couple of percent of a modest 3 bed semi,

 

[Regular.Cyclist]

Less than 1% so no option for me to select in the poll.

Hate driving and only do so when necessary so run a cheap car for that purpose.

 

[tyred]

Less than 1% here too. 2006 Yaris does what I expect it to do.

 

[alicat]

5% here but the car is new and the house fairly modest.