What are the lowest realistic costs of owning a gallardo?
What are the lowest realistic costs of owning a gallardo?
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Discussion

icebite78

Original Poster:

290 posts

245 months

Saturday 26th November 2011
quotequote all
As above really not interested in what evo mag says im after an honest opinion from owners on say an
04 manual gallardo?

Could they be run realistic costs when using an independant such as carrera sport?

UH-Matt

2,173 posts

271 months

Saturday 26th November 2011
quotequote all
Regardless of who you use its going to be a few thousand a year IMHO including service/faults/tyres/brakes/etc.

If you buy one newer/with warranty then this can be a bit less.

Obviously if you are buying older/without warranty then you also need to understand that small risk of a big bill.

P101

1,256 posts

189 months

Saturday 26th November 2011
quotequote all
I had my 05 Gallardo for 2 years, did 20,000 miles, in total it cost me about £10,000 including a new clutch, 3 sets of new tyres, 3 services and depreciation. I sold it for £4k less than I bought it for. Cheap as chips.

As a comparison, I previously had a Merc CLK 280 for 1 year, I lost £15,000 in depreciation alone.

OdramaSwimLaden

1,971 posts

200 months

Sunday 27th November 2011
quotequote all
P101 said:
I had my 05 Gallardo for 2 years, did 20,000 miles, in total it cost me about £10,000 including a new clutch, 3 sets of new tyres, 3 services and depreciation. I sold it for £4k less than I bought it for. Cheap as chips.

As a comparison, I previously had a Merc CLK 280 for 1 year, I lost £15,000 in depreciation alone.
Struggling on your maths here. Clutch, 3xsets of tyres, 3xservices and £4k of depreciation = £10k?

Losing £4k over 2 years and 20k miles, sir, you are a miracle worker.

OP, I have no reason to dis-believe P101, but for most people it'll be substantually more than this. For a mid-aged car and 10k miles a year i'd work on £10k - £15k a year all in.


Edited by OdramaSwimLaden on Sunday 27th November 08:30

V10 BAT

1,718 posts

265 months

Sunday 27th November 2011
quotequote all
Icebite
Hi
Had my 04 for about 15 months did more work on it than it needed,front bumper ,exhaust etc.
The only expense it needed was tyres,and brakes.filters, oil.
Tyres were £830 for a set.
A manual car has a lot less to go wrong with it clutch wise.

Depends on mileage ,but i would reckon on £1500-2000 a year.But maybe have a bit tucked away
incase of the unexpected.I tend to do a lot of work myself so may not be fully up to speed with
the cost of paying someone else.
They are great cars . biggrin

P101

1,256 posts

189 months

Sunday 27th November 2011
quotequote all
OdramaSwimLaden said:
Struggling on your maths here. Clutch, 3xsets of tyres, 3xservices and £4k of depreciation = £10k?

Losing £4k over 2 years and 20k miles, sir, you are a miracle worker.

OP, I have no reason to dis-believe P101, but for most people it'll be substantually more than this. For a mid-aged car and 10k miles a year i'd work on £10k - £15k a year all in.


Edited by OdramaSwimLaden on Sunday 27th November 08:30
Tell me, how are you in a position to know what I payed out?

Clutch £3k, tyres £2500, 3 x services £2500 , Ok, I lied £12k including depreciation. I'm not including optional things like a front respray.

I could have run the car for a lot less if I had only taken the car to Carrera sport, Small service at Carrera sport = £400 Small service at Lamborghini = £850 +

P101

1,256 posts

189 months

Sunday 27th November 2011
quotequote all
OdramaSwimLaden said:
Losing £4k over 2 years and 20k miles, sir, you are a miracle worker.



Edited by OdramaSwimLaden on Sunday 27th November 08:30
errr, no not really, I could have sold the car for more had I had the patience. I sold it to the trade for probably £6 0r £7 K less than I may have got had I been inclined to sell it privately.

franki68

11,708 posts

252 months

Sunday 27th November 2011
quotequote all
icebite78 said:
As above really not interested in what evo mag says im after an honest opinion from owners on say an
04 manual gallardo?

Could they be run realistic costs when using an independant such as carrera sport?
I have had mine for about 18 months ,costs so far £1500 approx. however things like a brake disc/ pad change or clutch change can set you back £2000 each,my next service is A biggie and will be circa £2000. But those are at a lambo dealership ,
In a nutshell if it's just regular servicing then they are very affordable to run,if you need parts replacing then they become very expensive.

topjay

787 posts

249 months

Sunday 27th November 2011
quotequote all
I reckon you need to allow £4-5k a year + depreciation on top

OdramaSwimLaden

1,971 posts

200 months

Sunday 27th November 2011
quotequote all
P101 said:
OdramaSwimLaden said:
Losing £4k over 2 years and 20k miles, sir, you are a miracle worker.



Edited by OdramaSwimLaden on Sunday 27th November 08:30
errr, no not really, I could have sold the car for more had I had the patience. I sold it to the trade for probably £6 0r £7 K less than I may have got had I been inclined to sell it privately.
OP was looking for realistic figures. Losing £4k over 2 years and 20k miles in a Gallardo, as true as it may be is not realistic. You did very very very well indeed. As an average depreciation OP, budget for at least 2 - 3 times that.

justin220

5,762 posts

235 months

Sunday 27th November 2011
quotequote all
I bought a higer milage one (40k, 2005), ran it for a year, tracked it once, and serviced it once.

Cost me £2k all in. Sold it for £1k less than I bought it. It was Orange which I think helped resale

P101

1,256 posts

189 months

Sunday 27th November 2011
quotequote all
OdramaSwimLaden said:
P101 said:
OdramaSwimLaden said:
Losing £4k over 2 years and 20k miles, sir, you are a miracle worker.



Edited by OdramaSwimLaden on Sunday 27th November 08:30
errr, no not really, I could have sold the car for more had I had the patience. I sold it to the trade for probably £6 0r £7 K less than I may have got had I been inclined to sell it privately.
OP was looking for realistic figures. Losing £4k over 2 years and 20k miles in a Gallardo, as true as it may be is not realistic. You did very very very well indeed. As an average depreciation OP, budget for at least 2 - 3 times that.
I will have to disagree with you there, if you bought an 04/05 Gallardo 2 years ago, you would be very very unlucky to either not make any money on your sale or at least lose a very small amount of money.

Your telling the OP to budget for at least 2 or 3 times that? where do you get your information? Gallardo's of this era have not depreciated, they have gone up in value. I bought my Gallardo thinking it was gonna cost ££££ to maintain, I was pleasantly surprised. After all its just another car. Odrama have you or do you own a Gallardo? I'm curious to where you get your facts from.

OdramaSwimLaden

1,971 posts

200 months

Sunday 27th November 2011
quotequote all
P101 said:
OdramaSwimLaden said:
P101 said:
OdramaSwimLaden said:
Losing £4k over 2 years and 20k miles, sir, you are a miracle worker.



Edited by OdramaSwimLaden on Sunday 27th November 08:30
errr, no not really, I could have sold the car for more had I had the patience. I sold it to the trade for probably £6 0r £7 K less than I may have got had I been inclined to sell it privately.
OP was looking for realistic figures. Losing £4k over 2 years and 20k miles in a Gallardo, as true as it may be is not realistic. You did very very very well indeed. As an average depreciation OP, budget for at least 2 - 3 times that.
I will have to disagree with you there, if you bought an 04/05 Gallardo 2 years ago, you would be very very unlucky to either not make any money on your sale or at least lose a very small amount of money.

Your telling the OP to budget for at least 2 or 3 times that? where do you get your information? Gallardo's of this era have not depreciated, they have gone up in value. I bought my Gallardo thinking it was gonna cost ££££ to maintain, I was pleasantly surprised. After all its just another car. Odrama have you or do you own a Gallardo? I'm curious to where you get your facts from.
I've told you what I know; it is from first hand experience.

As far as I'm aware the OP isn't buying a 05 car two years ago!!

OP, enjoy.

ferdi p

1,537 posts

203 months

Sunday 27th November 2011
quotequote all
odrama is correct..
p101 was very fortunate to buy when supercar prices were on there ar5es, I too bought an f430 for 67k & sold it a year later for 69k!
in truth running costs are the least of your worries with these types of cars as depreciation can be v painful..
my advice would be to buy in the depths of winter & when you do eventually sell, try to sell in spring/summer..

UH-Matt

2,173 posts

271 months

Sunday 27th November 2011
quotequote all
Yep 2 years ago was a good time to be getting into one of these, unsure if the same can be said now.

I made a small profit on my 07 Gallardo Spyder after running it for 1 year and taking the mileage from 7k to 13k. Total running cost for me for that year was £4k for a clutch and a service. I doubt I could repeat such low cost of ownership or making a profit on the F430 that I paid strong money for in March, but I wanted the car so I bought it smile

I think if you allow £5k a year then that would be realistic assuming nothing bad happens, plus obviously you will *almost certainly* lose money in depreciation on top, so unless you can stomach losing don't rely on the dream stories above about cars holding value, these are uncertain times and right now supercars seem to be getting much cheaper with lots on the market!