V70 Shed - Man Maths

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Rick101

Original Poster:

6,959 posts

149 months

Sunday 26th April 2015
quotequote all
Now sold for an V70XC




Car purchase £630
Maintenance £232
Sold for £650

I've had it for 17 months so just on running cost that about £14 pm. Not bad.
Even if you add the tax and insurance it still works out around £56 pm.

Cheap motoring indeed




Thought I'd start a thread to keep track of my purchase and see if I can keep to budget.

Took one of the popular leases last year, a Golf GTD at 15Kpa (with maintenance), a total of 30K. Was quite surprised at the excess mileage fee, 22.04ppm for the first 4.5K miles over 30K and an absolutely whopping 33.04ppm thereafter!
I figured as I've also got an Elise, an the wife's MX5 I should be able to keep to 15K. Less than a year in and I'm at 18.5K! That works out at around 37K for handback, or £1817!!

That's a good a reason as any for buying a shed, if it's going to cost me that anyway, I might as well get a new toy out of it. Considered a V70 a while back but parking is a bit of an issue and the tax + insurance on top made it uneconomical as I didn't really need it.

I've been perusing the classifieds for a while, sad to say AT and ebay is far more user friendly these days that PH. Watched quite a few auctions to get an idea of price. Saw a few T5's which were very tempting but considering my existing fleet probably overkill.

Spotted this early V70 10V and dropped the seller a text. Got a phone call back, very pleasant guy willing to answer the numerous questions I had even though most are stated in the advert. 152K, three owners (though one was a garage) Did mention it was also an import.

http://www.autotrader.co.uk/classified/advert/2015...

Went down to see it. Saw it at his home as I viewed on an evening. Sadly no history at all bar an expired MOT with several advisories on it. No idea if it's had a cambelt. Seller had put a new battery on it but bar that it was sold as seen. He told me he used to be a trader but gave it up a while back, this was the last of his his old stock he was selling off. Maybe naive but I believed him. Nothing else showing as for sale on the trader on his account and seemed a honest chap. I'm really not expecting a warranty at this price and the fact i'm 200 miles away makes it pretty redundant anyway.

Had a quick drive. Everything seemed to work. Engine management light on but drove well. Boot a bit rattly, poss the striker pin, NSF window slow to operate but works. Bit of oil around the rocker cover. Bit of a blowback from the dipstick hole which I understand could mean blocked breathers.

I know you should never buy the first you see, I know I should have given it a more through inspection and prob bartered a bit harder on price but though sod it, seller has been helpful and i'm time short so lets do the deal.

Agreed sale at the asking price. Paid a deposit. Seller to MOT, clear fault light, change oil, replace oil filter, replace air filter and provide HPI report.

I could accept losing that kind of money if it goes tits up but hopefully, please please please, it'll be as good gold.

Pics to follow.





Edited by Rick101 on Saturday 1st October 06:58


Edited by Rick101 on Saturday 1st October 07:01


Edited by Rick101 on Saturday 1st October 10:08

Rick101

Original Poster:

6,959 posts

149 months

Sunday 26th April 2015
quotequote all
After spending a Sunday morning at work online, managed to get insured for a bargain bucket £240. I'm only at work due to a roster cock up so sat here doing sweet FA otherwise. If I take into account earnings at time and a half I'm doing very well indeed!

http://www.pistonheads.com/gassing/topic.asp?h=0&a...

Car £650
Insurance £240
Total - £890


klunkT5

589 posts

117 months

Sunday 26th April 2015
quotequote all
Looks tidy, Just run in! If in doubt put a cambelt kit on, Its pretty straightforward to do, If its blowing out the dipstick tube stick a full PCV kit on it before the rear main seal goes, Ensure the breather ports in the block are clear or its a waste of time doing it, Tailgate rattle is most probably the trim clips-You can buy a kit to fix this, Look after it and it will do silly mileage, Good luck with it, They are good cars.

Edited by klunkT5 on Sunday 26th April 17:51

S10GTA

12,645 posts

166 months

Sunday 26th April 2015
quotequote all
My love for Volvo estates grows daily. Great cars. Enjoy.

Rick101

Original Poster:

6,959 posts

149 months

Sunday 26th April 2015
quotequote all
Thanks for info. TBH it doesn't seem to be dipstick blowing too badly. Hoping a could of oil changes will help clear any gunk.
I know they are long life engines. Cambelt would probably be wise but considering the minimal mileage I expect to do I'll probably risk it. Don't want to get into my usual habit of making it perfect.
Will re evaluate one I've picked it up and given it a proper once over.

Rick101

Original Poster:

6,959 posts

149 months

Friday 8th May 2015
quotequote all
Picked her up last week as did a short run to s storage location about 50 miles away. So far no problems, seems to run ok. All functions seem to work though the cruise buttons need a good press to engage.

On picking up I noticed the spoiler I had previously thought was loose, was now missing. I'm told on it's way to MOT it blew off and sods law ended up under the wheels of an artic. 2nd faux par in my excitement I forgot to get the HPI certificate so I'm not sure if that was done or not. To be fair I did get an invoice showing the oil and filters which we agreed and there is fresh oil in the car and a new air filter. I did get him to knock £20 off as there was minimal fuel in the car.
Knew the tread was good but had assumed cheap tyres. Was pleased to note only one cheapy, paired with a Bridgestone. The other set are matching Goodyears.

First job, took it to Wolverton Hand Car wash. Those boy are good and do a thorough job. £15.

Pics aren't great due to cracked lens but you get the idea.




Car £630
Insurance £240
Car wash £15
Total - £885


Edited by Rick101 on Friday 8th May 06:55


Edited by Rick101 on Friday 8th May 06:57

andburg

7,214 posts

168 months

Friday 8th May 2015
quotequote all
lovely looking old bus!

Rick101

Original Poster:

6,959 posts

149 months

Thursday 14th May 2015
quotequote all
Well, finally got her back home to York on Tuesday. Lovely drive home, took her up to about 90, no problems whatsoever. Even sourced a Best of the 70's tape to keep me entertained.

Stopped at Leicester services to a bite of the Colonel's finest, was lovely to be able to drive up to the front and park without worrying about dints, scratches and the other things that has me walking 1/4 mile to the supermarket when I'm in one of the other cars..

She's done one skip run already, strangely satisfying. I feel more of a man now that I've done a skip run in a Volvo estate smile

Couple of little issues. RH bonnet catch has become stuck locked twice. Thankfully after a few goes it has released. I've given it a bit of a clean and a squirt of WD40 and seems to work better now. 2nd thing, boot trim is very rattly which I think is a common problem, but not one that is much of a concern TBH.
2 things on the MOT advisory, slight play in both steering rack and RH ball joint. Other things were slight discolouring of light lenses but again, nothing I'm worried about.

Was quite surprised to hear from the seller this morning. The spoiler broke off between deposit and collection and he had said he would source me one, get it painted and courier it up to me...yeah right I thought, not a chance at this price of car. Anyway, he text saying it went for paint Tue and he was due to pick it up today. Will be very pleased if it does arrive, very honest and genuine of him. Lots of pro's get a bad rap, traders especially but this guy seems a good one. Shame he's wrapping up his business. Even though I gave asking he can't have made a massive amount what with the battery, MOT, oil, 2 filters and the spoiler costs on top.

Anyway, some pics. Had a £15 hand car wash a week or so back and i've just given the engine bay a quick wipe over, bar that, it's had nothing else.




Interesting wiring repair




She is indeed an exotic beauty, well Flemish.


Interior



Exterior




Car £630
Insurance £240
Car wash £15
Total - £885

Rick101

Original Poster:

6,959 posts

149 months

Saturday 16th May 2015
quotequote all
Ordered a battery isolator £7.93. Also have one on the Lotus, good bit of kit.
http://www.amazon.co.uk/gp/product/B007C7CJT4?psc=...

Was tempted to replace the tailgate gas struts as they're struggling a bit but decided to leave it for now. It's an easy job if I do need to do it at about £25.
Damn bonnet latch stuck again today. Decided to just remove the thing. It does still have the OS latch and of course the secondary pull handle so seems fairly secure. Nightmare would be that I isolate the battery then can't get under the hood to start it.

Car £630
Insurance £240
Car wash £15
Battery isolator £8
Total - £893


anonymous-user

53 months

Saturday 16th May 2015
quotequote all
Tough as old boots in the main, though you might wish to check out the handbrake shoes inside the rear discs.

Just done my S80 - the linings had completely dropped off one shoe. Things can go very pear-shaped if they jam up eek

Rick101

Original Poster:

6,959 posts

149 months

Sunday 17th May 2015
quotequote all
Cheers, seems to operate very well but I'll check it if I do have reason to get it in the air.

Martin_M

2,071 posts

226 months

Sunday 17th May 2015
quotequote all
Looks like it has stood the test of time well! I recently bought a V60 and love it! Your insurance seems really high given the price of the car?

Rick101

Original Poster:

6,959 posts

149 months

Sunday 17th May 2015
quotequote all
Unfortunately insurance is mandatory or I wouldn't bother with it on a car at this price and this little milage.

Most of the quotes were £500+. Did quite a bit of searching and tweaking to get it to £240. I'm not sure value makes that much of a difference to the premium.

34yrs
Good area
16 yrs driving
No accident/incidents
0 NCB
IAM advanced & RoSPA Gold
3K per year
Import (made it cheaper)

Notable point being the 0 NCB. The NCB scheme that insurers push only allow you to use that particular discount on one particular car. I even considered the multi-car type schemes but again, the discount could only be applied to a particular car on that scheme.

As it stands I now have three sets of NCB all accruing, that's why I never bother protecting them, I'll just switch round if I need to.

anonymous-user

53 months

Sunday 17th May 2015
quotequote all
I usually mirror my full NCB with no issues, surprised that you can't. Have you tried asking a broker?

The rattling boot trim will be worn fixing clips, it's extremely common. If it gets too much a repair kit is cheap and easy, or there's always the bodger's answer - some small self tapping screws will sort it.

They are such good do it all cars, good choice smile

Rick101

Original Poster:

6,959 posts

149 months

Sunday 17th May 2015
quotequote all
Tried a few people and took recommendations from here. No companies would mirror unless I had a current policy with them. Tbh, I'm really happy with the price I got, my golf is only £60 cheaper with 8 yrs ncb.

Martin_M

2,071 posts

226 months

Sunday 17th May 2015
quotequote all
Rick101 said:
Unfortunately insurance is mandatory or I wouldn't bother with it on a car at this price and this little milage.

Most of the quotes were £500+. Did quite a bit of searching and tweaking to get it to £240. I'm not sure value makes that much of a difference to the premium.

34yrs
Good area
16 yrs driving
No accident/incidents
0 NCB
IAM advanced & RoSPA Gold
3K per year
Import (made it cheaper)

Notable point being the 0 NCB. The NCB scheme that insurers push only allow you to use that particular discount on one particular car. I even considered the multi-car type schemes but again, the discount could only be applied to a particular car on that scheme.

As it stands I now have three sets of NCB all accruing, that's why I never bother protecting them, I'll just switch round if I need to.
Must be the lack of NCB as I'm only about £200 more for mine.

Rick101

Original Poster:

6,959 posts

149 months

Thursday 28th May 2015
quotequote all
Had a go at the spoiler today. Still can't believe the seller kept his word and had one sent up to me. Top bloke.

Worth at least 20BHP



Sadly a problem at the other end. Bonnet unlock has reared it head again frown

2 catched on this car. The NS was playing up so I removed the catch and have been using the OS catch only.
No the bloody OS is stuck fast and I can't get it to pop at all.

Still driving the car and she's running lovely but if I do have an issue or even need to top up screenwash, I'm in the doo.

Anybody have any tips to try?

Rick101

Original Poster:

6,959 posts

149 months

Tuesday 2nd June 2015
quotequote all
Decided to replace both bonnet catches. Now working well and I can top up with oil if needed. Phew. Got 500 odd miles fully loaded to do this weekend so will be the tester.

Car £630
Insurance £240
Car wash £15
Battery isolator £8
2 x Bonnet catches £20

Total - £913



Rick101

Original Poster:

6,959 posts

149 months

Sunday 9th August 2015
quotequote all
Had a bit of a panic recently. Took her out for a test run as she had not been used for a few weeks and we had a long journey to do over to Carfest last weekend.

Got about 5 mile up the road and revs started to die down. No misfire, no strange noises, just died. Would restart but any throttle and it would cut out. bks. Massive headache as I needed the car for the camping trip. fketty fketty fk.

I knew it was lowish on fuel and was planning to stop on way back as it showed 30 miles on computer which I know from experience is plenty. I think being low and not being used caused the float to stick and I'd run the old girl drybanghead

Anyway, borrowed a friends car to go fetch my fuel can which was cleverly stored at home and she spurted back into lifesmile
Did the camping trip and she's not missed a beat.

Just coming round first chicane at Oulton Park. Track beast.



Car £630
Insurance £240
Car wash £15
Battery isolator £8
2 x Bonnet catches £20

Total - £913


Edited by Rick101 on Sunday 9th August 12:11

Swampy1982

3,305 posts

110 months

Sunday 9th August 2015
quotequote all
Ironic lotus badge - top shedding