Can I afford to run these cars?
Discussion
Ranchitup said:
Shnozz said:
They have niggles. But then you have included a Maserati on your maybe baby list too.
Find one with a rebuild (and ideally with transferable warranty) and cross your fingers.
The Maserati Granturismo apparently is quite reliable; only going to the garage every two years for services. It APPARENTLY has improved a lot from its predecessors.Find one with a rebuild (and ideally with transferable warranty) and cross your fingers.
Oilchange said:
I reckon a new Elise is the ideal choice. The others are for when you're older and possibly more able to tolerate their idiosynchrasies.
Or possibly an Evora as they can be had as a 2+2 or 2seater and won'cripple you quite like the others
Still £3.5k for a clutch, £1200 for discs and pads etc etc. As I say, last service on mine (without either of the aforementioned or anything big needed) was £1600 at silver stone lotus. Or possibly an Evora as they can be had as a 2+2 or 2seater and won'cripple you quite like the others
Rarely such a thing as any £60k+ new car that comes with running costs of a £30k ish car.
The Elise and Exige are far less.
Oilchange said:
Over a year with £1500 a month to spend? Might be affordable if half went on repayments and the rest was put aside for the big service
Or get the IPS...
Oh, don't get me wrong, I'd say £1500pcm was plenty to run an Evora (with ease). Or get the IPS...
My point was an Evora is probably no different to run than the OP's original choices.
Quoted from an old thread but feels appropriate...
I'll only consider buying one if I have a decent slush fund (4k+), absolutely no debts and have saved enough of a deposit so finance payments aren't crippling (maybe £350 a month).
As others have said, not point having a car if you end up resenting the costs and compromising your life style.
Ray Luxury-Yacht said:
In 2007 I had a fairly good job earning around 50k.
I bought a Porsche 911 costing 30k on finance. I put down 3k and financed the rest over 4 years @ £650 a month.
I wouldn't have been bothered if it had cost £1650 a month. I wanted a Porsche 911 and that was that. Screw earning ratios and all that crap.
I got made redundant from that job a year later, but I hung onto my Porsche and scraped by earning what I could here and there to pay for it each month.
I had many memorable drives in the car, did lots of runs and events including PH tunnel runs, met some great people with it - and heck, although she's not materialistic and wouldn't admit it - I'm sure it helped me to pull my current Girlfriend!
But I also suffered some fairly big problems with it, the biggest being a horrendously unreliable gearbox, and in 3 years or so had to spend around £5k in repairs and maintenance.
I sold it in 2010 to a well-known Porsche dealer, after being mucked around by some idiotic private buyers. However, selling to a dealer in a recession meant I received £18,000 less than I had paid.
The privilege of driving round in a 911 cost me around £8,400 a year, plus petrol on top. It had to use V power, and I so for the mileage I covered I also spent around £7,500 in fuel. So the final bill of ownership, including depreciation, repairs and finance interest, plus fuel, is around £32,000, or £10,700 a year. Bloody hell, I've just scared myself with that figure - never added it up before, lol!
But do I regret it? Not one bit. This is Pistonheads, right? Where we all give an arm and a leg for nice cars! Plus, I could get run over by a bus tomorrow - so yeah, forget car spend to salary ratios, and just buy what you really want, ok?!
Reading with interest as earn similar to OP and have been looking into Evoras. Interesting that shnozz reckons running costs are in the same league as your choices, had them pegged a bit lower, though the R8 has a reputation for reliability. That said a decent Evora can be had for 30k so it would be less of a stretch for you, worth taking a look. I bought a Porsche 911 costing 30k on finance. I put down 3k and financed the rest over 4 years @ £650 a month.
I wouldn't have been bothered if it had cost £1650 a month. I wanted a Porsche 911 and that was that. Screw earning ratios and all that crap.
I got made redundant from that job a year later, but I hung onto my Porsche and scraped by earning what I could here and there to pay for it each month.
I had many memorable drives in the car, did lots of runs and events including PH tunnel runs, met some great people with it - and heck, although she's not materialistic and wouldn't admit it - I'm sure it helped me to pull my current Girlfriend!
But I also suffered some fairly big problems with it, the biggest being a horrendously unreliable gearbox, and in 3 years or so had to spend around £5k in repairs and maintenance.
I sold it in 2010 to a well-known Porsche dealer, after being mucked around by some idiotic private buyers. However, selling to a dealer in a recession meant I received £18,000 less than I had paid.
The privilege of driving round in a 911 cost me around £8,400 a year, plus petrol on top. It had to use V power, and I so for the mileage I covered I also spent around £7,500 in fuel. So the final bill of ownership, including depreciation, repairs and finance interest, plus fuel, is around £32,000, or £10,700 a year. Bloody hell, I've just scared myself with that figure - never added it up before, lol!
But do I regret it? Not one bit. This is Pistonheads, right? Where we all give an arm and a leg for nice cars! Plus, I could get run over by a bus tomorrow - so yeah, forget car spend to salary ratios, and just buy what you really want, ok?!
I'll only consider buying one if I have a decent slush fund (4k+), absolutely no debts and have saved enough of a deposit so finance payments aren't crippling (maybe £350 a month).
As others have said, not point having a car if you end up resenting the costs and compromising your life style.
anonymous said:
[redacted]
I'm looking at these for my next car (coupe though, not convertible). Assume a mixture of A/B roads and motorways (50:50), what would the real world mpg actually be? Mid-high 20s? I currently drive a 330, which returns about 30 mpg on the journey I mentioned.
On the "wrong image thing" I had a 996 worth about £10-12k, I would be asked how I could afford it, usually by people with new £20-30k cars on lease or finance. When I explained that it doesn't depreciate they would nod their head and not understand.
There is an expression "Council House Wealthy", this means flash car on lease/finance, no other assets, no savings, fake vuitton, fake rolex, living hand to mouth.
I'm not aying that is you but the people you work with will probably think so, Bentley bad idea, R8 OKish.
There is an expression "Council House Wealthy", this means flash car on lease/finance, no other assets, no savings, fake vuitton, fake rolex, living hand to mouth.
I'm not aying that is you but the people you work with will probably think so, Bentley bad idea, R8 OKish.
supercommuter said:
To be honest this is the best suggestion.
I don't think if I was earning £42k a year I would be looking at a car much over this budget. That is a hell of a lot of car for £12k!
Depreciation will still be savage, though.I don't think if I was earning £42k a year I would be looking at a car much over this budget. That is a hell of a lot of car for £12k!
Look how low the 8-series dropped before the badly pimped ones were scrapped and prices started to pick up.
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