Cost of upkeep in 2010 - $1762 for 911, $5535 for BMW. How bout you? Maintenance only
12-19-2010, 02:09 PM
#16
My garage is way too small to wrench, and since I rent an apartment, anything but the smallest DIY is not feasible.
That said, all in with everything, from gas to insurance, repairs and maintenance, parking costs and registration, both my cars (1996 C4S and 1964 T-Bird convertible) wind up costing me about $1000/mo.
I own both my cars outright, so I figure a thousand a month is way less than a new car payment and all the other costs associated with driving a car...
That said, all in with everything, from gas to insurance, repairs and maintenance, parking costs and registration, both my cars (1996 C4S and 1964 T-Bird convertible) wind up costing me about $1000/mo.
I own both my cars outright, so I figure a thousand a month is way less than a new car payment and all the other costs associated with driving a car...
12-19-2010, 02:35 PM
#17
Drifting
Porsche oil Change $250 tune-up $300 insurance $720
Jaguar 3 oil changes $240 and insurance $765
This doesn't inlude upgrades.... But my seats and wheels paid for those.
Jaguar 3 oil changes $240 and insurance $765
This doesn't inlude upgrades.... But my seats and wheels paid for those.
12-19-2010, 02:40 PM
#19
Drifting
1 each Porsche oil change $100-120
MINI oil change $80
MINI trans fluid change $20
MINI front brakes $160
The C4 is in the body shop, but that's isn't my fault, & not being added as the insurance is covering it.
Never include modifications! But the C4 is getting new suspension, & bushings, but that will most likely be in January.
MINI oil change $80
MINI trans fluid change $20
MINI front brakes $160
The C4 is in the body shop, but that's isn't my fault, & not being added as the insurance is covering it.
Never include modifications! But the C4 is getting new suspension, & bushings, but that will most likely be in January.
12-19-2010, 02:50 PM
#20
Rennlist Member
Thread Starter
Steve- I'm sure that you'd agree that cherry-picking data is not the best way to show an accurate picture. I suspect that you're describing two unusual years for both vehicles.
To get valid numbers, you need to look at your annual average over 5 or 10 years. If you want to go crazy by building a 15 year budget for a V-ram car, you might even want to average in an $8,000 top end.
Can you detail the $5,500 BMW repair bill? Is that from one of those notorious DC stealers like VOB?
To get valid numbers, you need to look at your annual average over 5 or 10 years. If you want to go crazy by building a 15 year budget for a V-ram car, you might even want to average in an $8,000 top end.
Can you detail the $5,500 BMW repair bill? Is that from one of those notorious DC stealers like VOB?
PS Hose $124
Replace hose $118
CEL Ck $98
Remanufactured DSC Control unit $850
PS hose $59
PS Hose $43
more Scans $98
Oil and filter $93
Install PS reservoir I bought myself and brought there $86
Install PS hoses $194
Oil Carrier and 2 gaskets $124
Labor to a friend to do the Valve Cover Gaskets $250
$495 2 tires!
Camshaft speed sensor $89
Replace camshaft sensor and reset faults $236
Alignment $69
Replace pressure hose for PS $199 labor
Replace rear ball joints $298 labor
Water pump replace with belts $398 labor
PS hose $233
Ball Joint $130
ATF $15
Water pump $202
Antifreeze from BMW $24
2 Tires $352
Bumper stop $12
Check fault codes electronic fan messed up $98
$200 fan (my buddy put in for free - forgot to add to totals, list!)
Oil and filter $74
2 wiper blades $10
Install customer's radiator $108
Replace DSC unit $140
That's a lot of dough but I LOVE LOVE LOVE this car!
(Near Alabama's highest point, Mt Cheaha last month)
It's in impeccable condition for 113k miles
This is 1/2 way through my 3200 mi trip last month
Side by side with a buddy's car from my bmw E38 web forum. He drove from Atlanta to meet me for breakfast and do AL's high point
You get the idea. I'm as much into the BMW as I am the 911.
12-19-2010, 02:54 PM
#21
Racer
1995 a couple hundred this year for an oil change and Walrod bushings. Next year I fear I will need a clutch which means plug wires and a couple oil leak repairs and mounts while engine is out.
12-19-2010, 03:12 PM
#23
Rennlist Member
Thread Starter
On the flip side, if your maintenace average of $608.00 drops to $308.00 a month in 2011, you can go from a Mercedes to a (I use a Mazda CX-7 for example) moderate car with a lower payment. The good news if you present these facts to your wife, you may be safe in 2011 of keeping the C4S/7 series based on statistics that maintaince with go down in 2011. If you can convince her that you will average $608.00 on both vehicles, sell both and buy a $608.00 a month vehicle.
You drive old, dated vehicles and old vehicles have a tendency to have higher maintenance costs. There is 2 sides to driving old cars. One is that they are paid off (in most cases and no car payment) and 2 major service is required when they get up there in miles, in a lot of cases.
Your BMW is probably only worth $7k-8k and the ratio of money going the BMW vs. the Porsche value tells me the BMW is the money pit. Maintenance costs calculated vs. value of vehicle and turn that into a yearly percentage would equate that you spent roughly about 80% on fixing your BMW to what its worth in 2010.
Put it in a powerpoint presentation and present it over dinner to the wife.
You drive old, dated vehicles and old vehicles have a tendency to have higher maintenance costs. There is 2 sides to driving old cars. One is that they are paid off (in most cases and no car payment) and 2 major service is required when they get up there in miles, in a lot of cases.
Your BMW is probably only worth $7k-8k and the ratio of money going the BMW vs. the Porsche value tells me the BMW is the money pit. Maintenance costs calculated vs. value of vehicle and turn that into a yearly percentage would equate that you spent roughly about 80% on fixing your BMW to what its worth in 2010.
Put it in a powerpoint presentation and present it over dinner to the wife.
Presenting, the first pics of my "new garage formation". No more Acura RL.
This was never inside before, till 7 months ago...
12-19-2010, 03:32 PM
#24
Figure out your TCO for the past couple of years and what the car is actually worth on the resale market. Add the cost of your "emotions" (you love the car so much that you'd die if it left you) and then go from there.
Problem comes when the "emotion" part takes over rational thinking and becomes the real cost accumulator. Like all things in life, "emotion" is what does us all in. So, keep reminding yourself it's just a car and that you could easily fall in love again and with another one that's a bit less expensive to keep around.
Problem comes when the "emotion" part takes over rational thinking and becomes the real cost accumulator. Like all things in life, "emotion" is what does us all in. So, keep reminding yourself it's just a car and that you could easily fall in love again and with another one that's a bit less expensive to keep around.
12-19-2010, 03:50 PM
#25
Drifting
Figure out your TCO for the past couple of years and what the car is actually worth on the resale market. Add the cost of your "emotions" (you love the car so much that you'd die if it left you) and then go from there.
Problem comes when the "emotion" part takes over rational thinking and becomes the real cost accumulator. Like all things in life, "emotion" is what does us all in. So, keep reminding yourself it's just a car and that you could easily fall in love again and with another one that's a bit less expensive to keep around.
Problem comes when the "emotion" part takes over rational thinking and becomes the real cost accumulator. Like all things in life, "emotion" is what does us all in. So, keep reminding yourself it's just a car and that you could easily fall in love again and with another one that's a bit less expensive to keep around.
12-19-2010, 04:27 PM
#27
Rennlist Member
Figure out your TCO for the past couple of years and what the car is actually worth on the resale market. Add the cost of your "emotions" (you love the car so much that you'd die if it left you) and then go from there.
Problem comes when the "emotion" part takes over rational thinking and becomes the real cost accumulator. Like all things in life, "emotion" is what does us all in. So, keep reminding yourself it's just a car and that you could easily fall in love again and with another one that's a bit less expensive to keep around.
Problem comes when the "emotion" part takes over rational thinking and becomes the real cost accumulator. Like all things in life, "emotion" is what does us all in. So, keep reminding yourself it's just a car and that you could easily fall in love again and with another one that's a bit less expensive to keep around.
Those words really fall on deaf ears on this forum...don't you think?
slippery slope=emotional rollercoaster=never total the receipts(I will..probably-just out of curiousity for the first 7 months of ownership)
12-19-2010, 04:28 PM
#28
Race Director
12-19-2010, 06:43 PM
#29
Rennlist Member
just a subtle "gasp", followed by a hard swallow...then a very well intended but honest "well it's worth it" comment, that's all
I did shoot the lock off the strongbox as soon as I got the car. Never been one to waste time with new vehicle mods. I usually have the mod sheet filled out, and usually some of the actual pieces assembled, BEFORE the vehicle arrives in the driveway.
just an I want what I want kinda guy. That's preaching to the choir here though.
I did shoot the lock off the strongbox as soon as I got the car. Never been one to waste time with new vehicle mods. I usually have the mod sheet filled out, and usually some of the actual pieces assembled, BEFORE the vehicle arrives in the driveway.
just an I want what I want kinda guy. That's preaching to the choir here though.
12-19-2010, 08:35 PM
#30
Addict
Rennlist Member
Rennlist Member
Steve, very pricey with the e38, and unfortunately have to agree with you on maintenance. Just got mine back from Curry's with a laundry list of "to do" items. Passed on them for another local mechanic who is significantly less on the hourly rate. Gaskets, power steering hoses, bushings, etc. All the known issues for the older e38s. Pcar isn't as bad in comparison.
Your sport looks great. You on Bimmerforums?
Your sport looks great. You on Bimmerforums?