The cost of a car represents on average 15% of a household's budget. And it is at the time of purchase that you should think about it. Fuel, maintenance, use, everything is to be taken into consideration to make the best choice.
What is CPM?
Under its barbaric acronym, CPM is none other than the cost price per mile. That is, how much your vehicle costs you for each mile driven. And the first data to be taken into account is obviously the type of fuel to be chosen in correlation with the number of miles driven each year. Indeed, if diesel seems to be less and less advantageous, it is not necessarily to be set aside for large rollers. On the other hand, some models are penalised for being in diesel versions at the time of resale, and in particular the most urban vehicles. However, CPM does not only take the price of fuel as a reference. To make an exhaustive calculation, it takes into account:- the purchase price of the vehicle (with registration fees and a possible bonus-malus)
- the cost of financing
- insurance
- the discount for the subsequent sale
- routine maintenance
- consumption