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RE: Sub-£10k super-saloons

RE: Sub-£10k super-saloons

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Discussion

Parrot of Doom

23,075 posts

157 months

Thursday 18th January 2007
quotequote all
V8S said:
Thaul said:
I'm always amazed by how much cheaper used cars seam to be in the UK. Here in the states, the cheapest car here would be $20,000 - $25,000. The bently alone would be $50,000 - $60,000. Whats the trade off? Why is it so much cheaper across the pond?


More on the market, higher fuel costs?


More like our odd fascination with having a newer car than the neighbour.

aww999

1,877 posts

184 months

Thursday 18th January 2007
quotequote all
If you buy a nearly-new "normal" car for £10k, you KNOW it will cost you 3k a year in depreciation, servicing, insurance etc. If you buy an old barge like these, £3k a year is worst-case-scenario, you are much more likely to get a machine which costs you a third of running a normal car, and gives ten times as much pleasure.

It makes even more sense to have one of these things if you are handy enough with the spanners to service it yourself, if you go to a garage every time the heated CD changer breaks or the air-conned motorised cup-holder seizes up then you are missing the point . . . you have to be willing to get your hands dirty to keep the costs down.

Gazboy

51,834 posts

174 months

Thursday 18th January 2007
quotequote all
Parrot of Doom said:
V8S said:
Thaul said:
I'm always amazed by how much cheaper used cars seam to be in the UK. Here in the states, the cheapest car here would be $20,000 - $25,000. The bently alone would be $50,000 - $60,000. Whats the trade off? Why is it so much cheaper across the pond?


More on the market, higher fuel costs?


More like our odd fascination with having a newer car than the neighbour.


In this case I'd say fuel & maintanence were the biggest killers of these cars- people with 10k to spend on a car would baulk at 10mpg. I consider my Supra fairly costly to run, compared to it's value, but in this company it's like running a Civic.

chippy17

3,680 posts

166 months

Thursday 18th January 2007
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mchammer89 said:
chippy17 said:
There is only one supersaloon from that era, the M5, what a car, I hope to be getting one soon. Pedantic maybe but I wish people would get the power right; 340bhp or 347ps. The last of the truly great BMs.


I've always prefered the Audi S8s or the new RS6s, as it says above they're more discreet and M5s are just to common on the roads these days, which in my opinion make the Audi cooler


I thought the E34 M5 (especially the original 3.6ltr cars) were discretion personified take the badge off and it could have been a 518, the new M5 granted is too lairy. You do nto see many E34 M5s they are quite rare, the E39 is the common one. I know what you mean my boss had one of these Audi's for a while and it was a real stealth machine, I personally found the ride shocking for a big comfy saloon and the interior nothing special but each to their own...

justayellowbadge

36,653 posts

165 months

Thursday 18th January 2007
quotequote all
That S8 cloud9

scratchchin Anyone want to buy a cheap A8 2.8 sport..?
Advertisement

Andrew Noakes

914 posts

163 months

Thursday 18th January 2007
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IPAddis said:
I need to find out whether the boxy M5 is available in Touring form.


Plotloss said:
M5 Touring is available just not RHD


So you go for a 540i Touring instead. More mid-range torque than an M5 anyway!



Edited by Andrew Noakes on Thursday 18th January 17:31

turbo tim

19,020 posts

154 months

Thursday 18th January 2007
quotequote all
the article said:
That said, if an M-sport car is just too vicious for your palette, why not opt for a later model range-topping 7-Series? The late ‘90s ‘Golden Eye’ era models are known for their immaculate road manners, despite being the size of a bungalow. The 740iL (286bhp V8) and 750iL (326bhp V12) cars can now be yours from just £3,000. Search hard and you’ll find low mileage cars for nearly half the price of a Ford Ka


I've just gone and done this.....

Road_Terrorist

5,591 posts

165 months

Thursday 18th January 2007
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chippy17 said:
the new M5 granted is too lairy.


It looks identical to a 535d.

Only way you can really tell are exhaust pipes, front wing vent with M5 badge, lack of fog lights and badge, and you have to be really looking to notice all that. This does give the impression there are more of them around though, same with other M5s, they look so similar to the standard 5 series the shape is common to your eye, and because they sell zillions more 5 series than Audi A8s the S8 seems rarer.

tomtvr

6,909 posts

164 months

Thursday 18th January 2007
quotequote all
Road_Terrorist said:
chippy17 said:
the new M5 granted is too lairy.


It looks identical to a 535d.

Only way you can really tell are exhaust pipes, front wing vent with M5 badge, lack of fog lights and badge, and you have to be really looking to notice all that. This does give the impression there are more of them around though, same with other M5s, they look so similar to the standard 5 series the shape is common to your eye, and because they sell zillions more 5 series than Audi A8s the S8 seems rarer.


Also the from bumper is one piece on the M5 rather than the bottom piece being seperate on the Sport models. I agree though i am a bit of a BMW buff and it does take a second glance to be sure. In that respect though in a way it does make the M5 discreet because every other 5 series seems to have the M kit anyway.

jim..c

826 posts

146 months

Thursday 18th January 2007
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Another vote for the S8, but I've got to part with mine. Not enough space! PM me if anyone's faintly interested, just haven't got around to making an ad yet.

jacko lah

3,297 posts

172 months

Thursday 18th January 2007
quotequote all
Not exactly in the SUPER saloon league, but I have the chance for a job where there's a reasonable if not startling mileage allowance.

It's £2000 a year plus 40p a mile. Now you can get an Omega MV6 3.0 for £1000 add the LPG and we are making a reasonable profit on 10 - 15 K a year.

At present that's the plan if I get the job, and not an octavia TDi like everyone suggests.

chevy-stu

5,392 posts

151 months

Thursday 18th January 2007
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tomtvr said:
chevy-stu said:
I ran a 4 litre 1992 Jag (XJ40) for 3 years, cost 5K, had 114,000 miles, cost me over 4k in repairs in that time.


Forgive me - are you saying thats expensive or cheap? That works out at about £1300 a year in maintainance , i wouldent say that was too bad for an XJ40


that was repairs alone, add set of tyres, pads, 2 x services a year and that's another 1k a year on top. Not that cheap me thinks...Especially compared to Chevy before it that cost 2/3 running costs over 7 years, but quicker, less insurance, same mpg (less space tho)

chickensoup

380 posts

178 months

Thursday 18th January 2007
quotequote all
Great article - right up to the Lotus Carlton - a true supercar, with supercar budget to keep on the road. May as well recommend a 4 seat Ferrari

Jag / Audi / Beemer are all too tempting though........

Mbutton

2 posts

142 months

Thursday 18th January 2007
quotequote all
Wow chaps been readin your thoughts (not your minds) and just had to chip in. Just changed my new M5 (yes very lairy, fabulously fast and crazy to drive in 507bhp - only ever lost one race and that was to an AMG65). In one year to do 35k cost me 9p per minute, every minute of every day for a year = £47k. 3 sets of tyres, 1 oil service, £10k deprecation, £6k finance pay off, horrible monthly payments and average 14mpg, plus I don't know how many cans of so expensive oil. My wife went mad, my bank went overdrawn, my children went hungry and my business nearly went bust but my heart leapt every time I drove it (sideways!). I had loved the M5 since the first time I saw one as a kid and realized what it was and now I've had one (and won't be getting another one any time soon). Tunnelling will never be the same though. I changed it for a new 335msport diesel which with a dms chip pushes 338bhp and bounces, jumps and slides all over the place. Quite terrifying but loads of fun. I test drove an RS6 before xmas - bland and unexciting and maybe not even faster than my 335md. Go for the M5 every day, old or new!

tomtvr

6,909 posts

164 months

Thursday 18th January 2007
quotequote all
Mbutton said:
Wow chaps been readin your thoughts (not your minds) and just had to chip in. Just changed my new M5 (yes very lairy, fabulously fast and crazy to drive in 507bhp - only ever lost one race and that was to an AMG65). In one year to do 35k cost me 9p per minute, every minute of every day for a year = £47k. 3 sets of tyres, 1 oil service, £10k deprecation, £6k finance pay off, horrible monthly payments and average 14mpg, plus I don't know how many cans of so expensive oil. My wife went mad, my bank went overdrawn, my children went hungry and my business nearly went bust but my heart leapt every time I drove it (sideways!). I had loved the M5 since the first time I saw one as a kid and realized what it was and now I've had one (and won't be getting another one any time soon). Tunnelling will never be the same though. I changed it for a new 335msport diesel which with a dms chip pushes 338bhp and bounces, jumps and slides all over the place. Quite terrifying but loads of fun. I test drove an RS6 before xmas - bland and unexciting and maybe not even faster than my 335md. Go for the M5 every day, old or new!


Holy Moly! sure finance, depreciation and tyres. But on a new car don't BMW do the servicing for X amount of miles/years? All i can say is you must spend a lot of time at the pumps!

ps. Welcome to PH wavey

Mbutton

2 posts

142 months

Thursday 18th January 2007
quotequote all
Thanks for the welcome. I have read before but never quite dared reply. Its all new to me! No on the M5 they would not include service as it had 3k on when I got it at 6 months old. They did include tyre insurance at a premium but the co wouldn't pay out as they didn't consider a tyre punctured if you could drive it and on run flats you can drive it... insurance co's unbelievable (am I allowed to swear here?). To be fair servicing is one of the very best value things on the M5 first oil service at 18k miles cost £350-400 I think and I traded it in needing its first major service at 35k so never paid it. Petrol was the worst bit some days twice a day. Yorkshire and back from Kent = £120approx, cheaper than flying, well probably not actually but loads more fun. Bless my Origin B2. It saved me many times and I still have nil points! I didn't think £10k depreciation was too bad either. A touch over 15% in 1 year for 32k miles...?

milu

1,361 posts

189 months

Friday 19th January 2007
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nobody has mentioned 1997-99 e55 amg,i quite fancy one,am i alone?
mike.

chippy17

3,680 posts

166 months

Friday 19th January 2007
quotequote all
Road_Terrorist said:
chippy17 said:
the new M5 granted is too lairy.


It looks identical to a 535d.

Only way you can really tell are exhaust pipes, front wing vent with M5 badge, lack of fog lights and badge, and you have to be really looking to notice all that. This does give the impression there are more of them around though, same with other M5s, they look so similar to the standard 5 series the shape is common to your eye, and because they sell zillions more 5 series than Audi A8s the S8 seems rarer.


fair comment, I just think it is quite 'in your face' as perhaps a lot of new cars are, perhaps the 535d with the M sport kit is lairy as well. This is what I always loved about the M5, discretion, when the first one came out (E28 M5) it was stealthier than the model below it (M535i). I like the fact that they look like any other 5. I think the S8 shares this stealth factor

chippy17

3,680 posts

166 months

Friday 19th January 2007
quotequote all
milu said:
nobody has mentioned 1997-99 e55 amg,i quite fancy one,am i alone?
mike.


A friend who is obsessed with mid 90s cars purchased last summer an early 90s E55 AMG but this one had a 6.0ltr V8 in the front, I have no idea what the model was called but boy does it shift, and the build quality is astonishing, no cracks in the leather, not a creak from the interior it truly is built like a tank

Mark Bailey

658 posts

144 months

Friday 19th January 2007
quotequote all
As you say you have to budget for higher repair costs but then I never here anyone moaning about the similar sized cost of depreciation on the alternative new people carriers or 4*4's.

My father has put on over 200k on two Jag's without major expense. Fair enough the current 2000 XJR eats tyres but that's his fault for lending it to me!