Expected Yearly Maintainance Costs?
10-14-2011, 06:15 PM
#16
Addict
Lifetime Rennlist
Member
Lifetime Rennlist
Member
Good information Bob. You have avoided some of the common more expensive repairs which pop up from time to time yet still calculate out to 25 cents per mile. Which you can extrapolate to suggest that if one were to drive their 928 12,000 miles per year it "should" cost about $3,000 per year excluding any big Oh **** events like a timing belt issue or transmission failure. And buying a similar age car which does not have records of $18,000 of work gives some idea of what a neglected 928 might need.......
10-14-2011, 08:33 PM
#17
Race Car
As others have alluded to, primary consideration is the investment of capital and effort required to get up the steep side of the bell curve to reliable/well serviced condition.
Then, its the balance act of dancing on occum's razor without teetering over into the bug-bit gottahavit side of perpetual upgrades and restorative ministrations.
I always fail at (refraining from) that...just sayin'.
'They' say a well bought boat is purchase price + 10% immediate investment. As good a starting point as any. I have no idea what 'they' say about annual costs though, in the end it is often more owner defined given low rate that miles are accumulated and high rate of deterioration from simple aging of certain bits.
Then, its the balance act of dancing on occum's razor without teetering over into the bug-bit gottahavit side of perpetual upgrades and restorative ministrations.
I always fail at (refraining from) that...just sayin'.
'They' say a well bought boat is purchase price + 10% immediate investment. As good a starting point as any. I have no idea what 'they' say about annual costs though, in the end it is often more owner defined given low rate that miles are accumulated and high rate of deterioration from simple aging of certain bits.
10-14-2011, 10:14 PM
#18
Nordschleife Master
depends on what has already been done.
Most 928s that I have seen for sale have around $6,000 or more needed in maintenance.
The is intake, tb, fuel lines, fluid changes, etc. upgrades are on top of that.
Most 928s that I have seen for sale have around $6,000 or more needed in maintenance.
The is intake, tb, fuel lines, fluid changes, etc. upgrades are on top of that.
10-14-2011, 10:51 PM
#20
Team Owner
after you buy your new car,
if you have a suspicion of it needing shocks put them on first,
this makes driving the car lots more fun while you sort out the other details
if you have a suspicion of it needing shocks put them on first,
this makes driving the car lots more fun while you sort out the other details
10-14-2011, 11:05 PM
#21
When I purchased mine several guys told me to expect a yearly nut of 30% of the buy-in. Not all of that is maintenance but I've spent at least that. Most of it was my own insanity, but I'd spend more if I could afford (get it by my wife) it.
10-14-2011, 11:23 PM
#22
Nordschleife Master
It varies so much, but I would not suggest anyone get into a 928 without being able to manage $5k up front fixes, and another $3k over the first year or so.
Hanging around shops I've seen people VERY lucky who have bought 928's with literally ONE thing wrong with them, and $300 later they drive out not to return until scheduled oil change. I've also seen cars that drive well but need everything done, and everything touched reveals something else.
Hanging around shops I've seen people VERY lucky who have bought 928's with literally ONE thing wrong with them, and $300 later they drive out not to return until scheduled oil change. I've also seen cars that drive well but need everything done, and everything touched reveals something else.
10-14-2011, 11:53 PM
#23
Race Car
I have owned my 928 for 15 years. Bought it as a one owner 1989 S4 in 96 with 23K miles. Currently has 94K miles and I have spent $18154 on maintenance over the 15 years. ( don't tell the wife!).
I have had TB/pump done three times by indy shop , had LH brain repaired, ISV, shocks, brakes, MM, OPG, CV and steering rack boots, belts, hoses, regular fluid changes ( oil, coolant, brake fluid, trans service) , plugs/rotor caps, etc. Car runs great.
This includes multiple tires, alignment, balancing, and also had AC converted over to 134.
This does not include new wheels, stereo, and other cosmetic expenses .
So that's $1200 per year maintenance or $.257 per mile, with a smile every mile. $100 a month to drive a 928, no brainer!
I have had TB/pump done three times by indy shop , had LH brain repaired, ISV, shocks, brakes, MM, OPG, CV and steering rack boots, belts, hoses, regular fluid changes ( oil, coolant, brake fluid, trans service) , plugs/rotor caps, etc. Car runs great.
This includes multiple tires, alignment, balancing, and also had AC converted over to 134.
This does not include new wheels, stereo, and other cosmetic expenses .
So that's $1200 per year maintenance or $.257 per mile, with a smile every mile. $100 a month to drive a 928, no brainer!
10-15-2011, 12:05 AM
#24
Rennlist Member
My car has documented repairs since day one of right around $36,000 in 21 years and 126000 miles. Add the $78,000 purchase price and you have about $.90 per mile. Divide by years and you have $5428.00 per year
10-15-2011, 02:02 AM
#26
Bought mine for $10,500. Stopped adding up the receipts when they matched the purchase price. 6 years and loving it. Would I do it again, hell yes.
ETA: It's been my daily driver too.
ETA: It's been my daily driver too.
Last edited by SeanR; 10-15-2011 at 02:24 AM.
10-15-2011, 02:21 AM
#27
Rennlist Member
Bought an 88 S4 for $4k
Probly have $3500 in "it needs this" to be reliable in the last year.
Probly have $3500 in "this would be NICE to have" in the last year (wheels, stereo, tint, etc)
And..ya..I could do $3kyr in other work it NEEDS to remain reliable as it approaches 150k, then 200k.
Probly have $3500 in "it needs this" to be reliable in the last year.
Probly have $3500 in "this would be NICE to have" in the last year (wheels, stereo, tint, etc)
And..ya..I could do $3kyr in other work it NEEDS to remain reliable as it approaches 150k, then 200k.
10-15-2011, 04:21 AM
#28
Three Wheelin'
10-15-2011, 04:47 AM
#29
Rennlist Member
Join Date: Sep 2010
Location: Fresno, CA (summer in Calgary)
Posts: 1,376
Likes: 0
Received 2 Likes
on
2 Posts
How much a 928 S4 costs in maintenance depends almost entirely on. . . .
the previous owner! Seriously, if you find a car that has had piles spent to fix it up in recent years, jump all over it, even at what seems like a high price. Sad part is, it is so rare to find a car for sale that was just fixed up (stands to reason). Most 928s get sold when the owners finally own up to the fact that they haven't been "affording" the car for quite some time.
A natural average suggests around $2,000 per year, if doing the work yourself, would be a good budget.
-Sean
the previous owner! Seriously, if you find a car that has had piles spent to fix it up in recent years, jump all over it, even at what seems like a high price. Sad part is, it is so rare to find a car for sale that was just fixed up (stands to reason). Most 928s get sold when the owners finally own up to the fact that they haven't been "affording" the car for quite some time.
A natural average suggests around $2,000 per year, if doing the work yourself, would be a good budget.
-Sean
10-15-2011, 07:19 AM
#30
Nordschleife Master
Piles of spending by the previous owner doesn't mean any of it was done well, or everything that needed fixing was done.
I think it is great that some owners enjoy their 928 and spend very little on it, but if you buy a 928 with that expectation you have my sympathy. I'm not saying its entirely luck either, more like patience and flexibility in which model year etc. combined with a willingness to spend what it takes to buy the best condition.
OTOH those are rare enough that even if I convinced myself early on to spend 5 times what I had in mind, I still might not have a 928 yet, or one that I liked "enough".
I think it is great that some owners enjoy their 928 and spend very little on it, but if you buy a 928 with that expectation you have my sympathy. I'm not saying its entirely luck either, more like patience and flexibility in which model year etc. combined with a willingness to spend what it takes to buy the best condition.
OTOH those are rare enough that even if I convinced myself early on to spend 5 times what I had in mind, I still might not have a 928 yet, or one that I liked "enough".