A YOUNG motor-enthusiast who bought his first Bentley after getting sick of his Rolls Royce says his parents were fuming over his purchase – but he claims it’s not as expensive as you think.
Cormac Boylan, 22, from Melton, has revealed the cost of owning classic cars after investing in a 1998 Bentley Arnage.
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He says the bill he pays each month to insure himself to drive the Bentley isn’t astronomically high – and not anywhere as pricey as what it took to drive his Rolls Royce.
He told Leicestershire Live the Rolls Royce wore a cost of £80 a day while he was driving it as a 20-year-old.
But his Bentley comes in at the significantly cheaper price of £156 a year which is the same as his Ford Fiesta he uses daily.
When it comes to his petrol bill however, the gas guzzling Bentley can be expensive to fill up.
Cormac said: “If you drive it sensibly, you can get 18 miles per gallon or 20 at a push, but on the way back [from buying it] I had to fill it up three times.
“I think I got a little too in the moment with it all. It cost £140 to fill up altogether, one time it was £92, so I dread to think what it would be like now with the fuel prices – probably over £200.”
The current average petrol price in the UK is £1.82 per litre, with the cost to fill up an average family car reaching £100 on Wednesday.
RAC fuel spokesperson Simon Williams said a full tank could set drivers back an “unbelievable” £110 during the holiday season.
Despite paying several thousand pounds for his flash automobile, Cormac says the overall cost isn’t as high as people might suspect.
He said: “People will think that it’s a Bentley and it’s expensive, but the cost of the car is not the big number it’s made out to be.
“If you had the choice of buying a brand new car for £10,000 or £15,000, or buying a classic Bentley or Rolls-Royce, I think I know what most people would choose.”
To others looking to invest in classic cars, Cormac says if you pick well then there won’t be any issues – but you have to be aware of the high running costs it might bring.
The motoring journalist and hospital radio DJ is hoping to expand his collection as he gets older.
He said: “I want a Rolls-Royce, possibly a Phantom, but I like old Italian supercars too, so a Maserati would be nice.
“I’ve thought about an Aston Martin too, but a Mark II Jaguar is what I want. If I get where I want, it’ll be possible.”
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