PistonHeads.com Forum

RE: Sub-£10k super-saloons

RE: Sub-£10k super-saloons

Author
Discussion

tuscanboy

181 posts

206 months

Friday 19th January 2007
quotequote all
I was tempted by the idea of buying 3-5 year old "supersaloons" and there is something very satisfying about driving round in car that cost £60K+ when new, but there is no escaping the potentially astronomic running costs. I had an S6 followed by an M5. Even using independent specialists I got hit with a number of bills of over £1000 to fix relatively basic stuff. The M5 was better as it had a BMW warranty, but by the time I came to sell it, the warranty poliicies had doubled in price and excluded much of the sort of work likely to needed. Luckily the last few jobs were covered through "goodwill", but they would have otherwise cost £800+ each. Good article though, and I'm not saying I won't be tempted again in future but I will make sure I've got about £5K stashed away to keep it on the road!

justayellowbadge

36,626 posts

164 months

Friday 19th 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!


Sorry, I think I misread this. I could have sworn you said £47,000 to run a second hand M5 for one year, but that would be absurd, surely??????
What were you running it on, coke and Kristal?

Plotloss

67,279 posts

192 months

Friday 19th January 2007
quotequote all
New M5

Still absurd mind you.

justayellowbadge

36,626 posts

164 months

Friday 19th January 2007
quotequote all
Plotloss said:
New M5

Still absurd mind you.


MButton said:
No on the M5 they would not include service as it had 3k on when I got it at 6 months old.


Newish, but not new. £47,000!!! I genuinely cannot comprehend that.

jacko lah

3,297 posts

171 months

Friday 19th January 2007
quotequote all
Parrot of Doom said:


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


Indeed. I've been trying to persuade an office gimp here who has a 51 reg corsa on finance that it's a crap idea to buy a new astra sporthatch (1.4 FFS) on credit. Pay off the car you've got, and then put the money you've been spending to finance it in a high interest regular savings account, and then if 5 years time, you'll have the money if you want a new car to buy one with cash.
Advertisement

mechsympathy

36,192 posts

177 months

Friday 19th January 2007
quotequote all
justayellowbadge said:
Newish, but not new. £47,000!!! I genuinely cannot comprehend that.


OTOH that was 35,000 miles, so £1.34 a mile. Which is bad but not mental. Unless you do 35k in a yearhehe I reckon I do quite well to run a '97 scooby at just under 50p a mile.

new scot

197 posts

153 months

Friday 19th January 2007
quotequote all
Only issue is my wife who says "but they just look like old cars" - she has a point. However it's the insurance that can also be the killer - any good brokers do please let me know as I'm drooling over well run-in Alpina 3.3 or V8S five-series too.

Had an '01 540i Touring for a year - wonderfully relaxing with real oomph when needed. Also got me 6 points "just like that" as the man with the fez used to say!

justayellowbadge

36,626 posts

164 months

Friday 19th January 2007
quotequote all
new scot said:
Only issue is my wife who says "but they just look like old cars" - she has a point.


A large part of the appeal, tbh. I love the apparent contradiction between the staid, minicab like exterior of the 8.32 and what it has under the bonnet.

aww999

1,876 posts

183 months

Friday 19th January 2007
quotequote all
justayellowbadge said:
new scot said:
Only issue is my wife who says "but they just look like old cars" - she has a point.


A large part of the appeal, tbh. I love the apparent contradiction between the staid, minicab like exterior of the 8.32 and what it has under the bonnet.


Absolutely! I thought this was a site for drivers, not poseurs . . . ?

MJK 24

4,998 posts

158 months

Friday 19th January 2007
quotequote all
The Bentley looks like a handy tool.

Why's it looking so cheap though? BG can you enlighten me please before I do something silly!

vario-rob

3,034 posts

170 months

Friday 19th January 2007
quotequote all
The old 6 cyl XJR truly is the last of the line before the advent of the V8’s and is a really well screwed together bit of kit and very capable of absorbing big miles.

Yes she will creak and groan in the way a stately home knows how to do but rest assured the rather disconcerting soundtrack is very misleading as I had very few issues with mine

To the true Jagisti these old dames have that special Browns Llane DNA that propelled several generations of British gents with an active right foot and are still a shrewd choicetoday. For me an XJR is far preferable to the various Bosch offerings suggested in this article.

As for the Quatroporte, a truly lovely car and of course has the benefit of that clock but will actually cost you more to run than a stately home

VOTE JAG smokin

imfinlay

2,302 posts

137 months

Friday 19th January 2007
quotequote all
MJK 24 said:
The Bentley looks like a handy tool.

Why's it looking so cheap though? BG can you enlighten me please before I do something silly!


I looked at these a few years back. £600 for a set of shocks (just the parts), Lucas electrics, somewhat average build.... The Silver Shadows and Corniches were the last of the properly built ones until the Germans took over.

Ian

xxplod

2,268 posts

166 months

Saturday 20th January 2007
quotequote all
The XXPLOD household is going through a period of car change. The Cayman S going fairly soon, the 320d probably replaced later in the year. Funnily enough I was only looking at the ads for these cara a couple of days ago.

The actual servicing can be OK with good independents. It the 'one big bill' scenario that is scary. You can easily get a bill for >50% of what you paid for the car.

Still, I won't stop browsing in the coming months.....

spokey

2,246 posts

131 months

Saturday 20th January 2007
quotequote all
Mbutton said:
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.


Replace the run-flat tyres with conventional tyres. I promise you it will be cloud9

KUB3

1,015 posts

130 months

Saturday 20th January 2007
quotequote all
£47000 in a year... best left to the city boys. eek

Exactly the wake up call which kept me from buying a 'bargain' barge a few months ago. You never get something for free. These vehicles seem cheap for a very good reason.

Xaero

3,531 posts

137 months

Saturday 20th January 2007
quotequote all
If you are considering one of these old luxy barges, and worried about the running costs, just compare it to a newer car which costs about the same to buy. it's not that stupid of a concept, as although the running costs are high, the depreciation is low, so you could compare running costs of old car to depreciation of new one, and it won't cost that much more.

It always amuses me when people see these old cars and call the owners flash, posh etc, when they go around in a a car which costs the same to buy but is brand new and unequiped.

KUB3

1,015 posts

130 months

Saturday 20th January 2007
quotequote all
Or you could go halfway between 10 year smoker or new hatch of course.

dod

739 posts

182 months

Saturday 20th January 2007
quotequote all
Worried about parts costs? Well, if've you got the space, for a little more cash, buy a second one. After a couple of years, you can probably sell it for remaining parts for not much less than you paid for it. Of course, the main downside to this is that the misses may not approve turning the garden into an auto wreckers, but heh, explain that it's for the kids to play with

DucatiDesmo

2,095 posts

129 months

Saturday 20th January 2007
quotequote all
Mercedes 560 sel W126, still a cool machine and my fav. Merc to date.

richardxjr

5,353 posts

132 months

Saturday 20th January 2007
quotequote all
vario-rob said:
The old 6 cyl XJR truly is the last of the line before the advent of the V8’s and is a really well screwed together bit of kit and very capable of absorbing big miles.

Yes she will creak and groan in the way a stately home knows how to do but rest assured the rather disconcerting soundtrack is very misleading as I had very few issues with mine

To the true Jagisti these old dames have that special Browns Llane DNA that propelled several generations of British gents with an active right foot and are still a shrewd choicetoday. For me an XJR is far preferable to the various Bosch offerings suggested in this article.

As for the Quatroporte, a truly lovely car and of course has the benefit of that clock but will actually cost you more to run than a stately home

VOTE JAG smokin


yes

my local Jag specialist, charges £35 an hour. There's loads being broken so even serious parts are cheap.