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Forbes: $$ Ownership Costs

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Old 07-13-2006, 06:36 PM
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Edgy01
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The factors that list considered were depreciation, fuel, materials. Although the Porsche had better than 3rd level depreciation (less depre.) it fell down in costs to maintain.
Old 07-13-2006, 07:16 PM
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texas911
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Cost to maintain or own? So far, I've bought a 997 model, key chain, umbrella, t-shirt, watch, stickers, flag, poster. It sure is expensive to own a Porsche! I'm also in the process of building a new house with a four car garage.
Old 07-13-2006, 08:45 PM
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SrfCity
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Originally Posted by Edgy01
The factors that list considered were depreciation, fuel, materials. Although the Porsche had better than 3rd level depreciation (less depre.) it fell down in costs to maintain.
Hmm, the survey seems whacky. What's the big maintenance costs when they come with a 4 year factory warranty? Fluids that's it. And by the time you get RMS they include an oil change anyway For me the maintenance has been pretty much zilch except for one oil change at less than 5K and that's in almost two years now. Mileage is low. Now the hit in depreciation is probably over $20K
Old 07-13-2006, 09:02 PM
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Thankfully, 997's are proving to be highly reliable and less prone to RMS failure and other glitches than their 996 predecessors. I'm glad to hear depreciation was part of the eqauation because that bitter pill has already been swallowed. So, excluding depreciation, I wonder how the 997 (not any 911) would fare?

BTW, my full coverage (50/100/300) insurance with $500/1000 comp/collision deductible is $882 a year. That's only $216 a year more than my 2004 Infiniti G35 6-speed Coupe (for sale to the right buyer...). So, insurance is nowhere near as expensive as I thought it would be, especially out here on the left coast.

My guess is Ferrari, Lambo and other low-volume exotics weren't included in the list due to general lack of statistics and relevance.

MC
Old 07-13-2006, 10:31 PM
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SilverSteel
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Forbes. Is this a joke?? I have to get my hands on that article to see how that study was conducted. I just have a really hard time believing this.
Old 07-14-2006, 06:08 AM
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djantlive
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What does forbes know about cars? i don't trust jd power etc. These numbers are all subjective.
Old 07-14-2006, 09:17 AM
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You guys need to read the article. The 911's cost of ownership was driven up by models like the GT2, GT3, and Turbo who were substantially more expensive to run than the Carrera models.

Rank on list: 3
Cost per mile: $1.60
Total five-year cost: $120,361
Depreciation: $66,867
Fuel: $6,538
Maintenance: $8,553
Insurance: $14,841
Finance: $17,174

2005 Porsche 911

The Takeaway: The Porsche 911 is the only model on this list that inverts the ownership-cost rule of depreciation, which holds a car that depreciates more will have a higher cost of ownership. As the third most expensive car to own, 911 actually depreciates, on average, less than the number-four model, the big Mercedes-Benz S-Class sedan. But the Porsche makes up for the depreciation difference in its maintenance costs — $8,533 for 911 versus $6,037 for the Mercedes. Those figures include an average $1,146 for a set of replacement tires for the Porsche sports car, against only $625 for the Benz. Keep in mind that both models sold in a wide variety of flavors in 2004 and ’05. Among Porsche 911’s 10 varieties available in 2005, the GT2 Coupe is the most costly to own, dunning its drivers $2.41 per mile (the most of any model variation on this list). Porsche’s least costly 911, the 911 Carrera Coupe, claims only $1.31 per mile.


http://www.forbesautos.com/advice/to...ve_to_own.html
Old 07-14-2006, 09:35 AM
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SilverSteel
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Originally Posted by MrBonus
You guys need to read the article. The 911's cost of ownership was driven up by models like the GT2, GT3, and Turbo who were substantially more expensive to run than the Carrera models.

http://www.forbesautos.com/advice/to...ve_to_own.html
Interesting, and it makes more cents now. I still have difficulty believing the cost to own, you really can't argue with depreciation. I'll read the article. Thanks for sharing as it's important information.
Old 07-14-2006, 12:44 PM
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JSMDMD
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Default Teeth whitening...

Originally Posted by cvazquez
I agree, rear tire replacement every 10-15k miles. Small investment for a great smile... anyone know of a teeth whitening sale going on?
BriteSmile is now $349, including a package of BriteSmile-To-Go, which are pens with whitening gel in them for at home touch ups.
This is available at BriteSmile Associated Teeth Whitening offices, meaning your local dentist.
Come on down......



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