Mk5 Golf GTI - Annual cost of ownership

Mk5 Golf GTI - Annual cost of ownership

Author
Discussion

BobToc

Original Poster:

1,776 posts

118 months

Tuesday 20th February
quotequote all
Curious as to other owners’ experiences with annual service costs. I’ve had mine for about a decade and every year just seems to bring up some sizeable expense (not just the cambelt…). I love it and I generally think we should try and keep old things going, but the cost is starting to get me down a bit on a car that’s only worth £4-5k.

phumy

5,674 posts

238 months

Tuesday 20th February
quotequote all
What are your sizeable expenses?

I have a MK5 GTi Pirelli and mine isn't expensive to run, well no more than the average VW Gti hatch. I had to fork out for a new stainless exhaust last year but all cars need a new exhaust or part of sometime in their lives. My car is coming up for 16 years old, has 70k miles on the clock and I'm hoping to hang on to it for some years to come. I bought a new genuine grill and surround as the old red line had gone pink I bought new genuine wheel centres for it, £128 for 4. I see these parts as an investment as it will help hold the value up a bit, plus it looks extremely good for its age.

BobToc

Original Poster:

1,776 posts

118 months

Tuesday 20th February
quotequote all
Just seems endless small stuff.
- DSG service: £323
- Drive shafts: £333
- EML needed a new charcoal canister and solenoid: £321
- Major water ingress: £305
- Fuel indicator: £399
- Cambelt: £599 (this one I’m ok with!)
- EML needed some new wiring
- New Battery: £120
- Console bushes replaced: £200
- Headlight polish


Belle427

8,997 posts

234 months

Tuesday 20th February
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They do get a bit needy as they get older but once you have done most of the common things it should start to calm down a bit.
It does help if you do the work yourself even if its just the basic service which is money for old rope really.

Dave.

7,380 posts

254 months

Tuesday 20th February
quotequote all
£2500 over 10 years?

Huh?

BobToc

Original Poster:

1,776 posts

118 months

Tuesday 20th February
quotequote all
Dave. said:
£2500 over 10 years?

Huh?
This is over 4 or so years, I can go back and do a proper invoice reconciliation later though.

Dave.

7,380 posts

254 months

Tuesday 20th February
quotequote all
That’s still not terrible though, new cars still need servicing/maintenance, and you’ve not lost much in depreciation in comparison to something new(er) either.

BobToc

Original Poster:

1,776 posts

118 months

Tuesday 20th February
quotequote all
No you’re right, although when you add in the cost of a minor and major service it feels pretty chunky (call it ~£800-900 a year total). Belle makes the point that it’s cheaper when you do the basic service bits yourself, but I I never had the confidence.

The annual bill in the last four years or so always comes as a little bit of sticker shock but is never quite enough to motivate me to buy a much newer car (which will still have bills, but I’d have thought quite a bit lower than this).

So yeah, wanted to get a sense for what other people are doing. Maybe I’m not treating the car well enough, or maybe this is just life with a near twenty year old car.

ManicMunky

531 posts

121 months

Tuesday 20th February
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A new GTI would swallow that £900 in two months PCP payment though!

si_xsi

1,193 posts

196 months

Tuesday 20th February
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Yep your man maths needs recalibrating Work out total cost over length of ownership, sjould equal less than maintenance and depreciation on a newer car. My R32 has cost £10k in bills over 3 years and I'm still not done with it, but I'm a sucker for the noise smile

Dave.

7,380 posts

254 months

Wednesday 21st February
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si_xsi said:
Yep your man maths needs recalibrating Work out total cost over length of ownership, sjould equal less than maintenance and depreciation on a newer car. My R32 has cost £10k in bills over 3 years and I'm still not done with it, but I'm a sucker for the noise smile
I sold mine when I moved further away from work (who does that?!)

It was a mint low miler too, 3dr blue... cry

For what I got for it, I could nearly buy a 130k mile one now. Gutted.