360 running costs

[sone]

I very much fancied the thought of owning a 360, problem is I've been a little put off by the cost's incurred by owners who are doing relatively low miles. I have gone as far as thinking Pork may be a better choice.
So if I bought a 360 with a mind to do say 5k miles a year at weekends etc what can I expect to spend apart from the obvious tax, insurance, fuel etc.
any advice much appreciated.

Cheers
Steve

[Sarnie]

Here you go:

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

[burriana]

5000 miles a year? ... about £2k ex. fuel and insurance.

Some years may be less, some a bit more. £2k is a fair ball park average through assuming at least one good service a year and a few other bits and pieces of general wear and tear items.

[sone]

Sarnie said:

Here you go:

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

Thanks for that, done it to death!

[sone]

Sorry to harp on but I have been told to allow upto 10k per annum for running a 355 on a lot less mileage approx 2k a year.

Cheers

[renmure]

sone said:

Sorry to harp on but I have been told to allow upto 10k per annum for running a 355 on a lot less mileage approx 2k a year.

Cheers

I would bet that whoever told you that has never owned one. No wonder folk get scared off buying these cars if thats the talk on the street!! You should go back to whoever told you that and look smug knowing that you know better and that they are a dafty.

Mine has cost me the price of 2 annual services, (one biggie cambelt one at circa £1600 and one standard annual at circa £600, 1 set of rear tyres at circa £200ish, some brake pads at whatever £££ they were, and ... thats it, apart from the usual petrol,tax and insurance. Before buying, the recieved wisdom to me from those who actually seemed to know what they were talking about was to budget in the region of £2k / year on average. My experience to date is that this is in the right ballpark.

[jdw1234]

renmure said:

sone said:

Sorry to harp on but I have been told to allow upto 10k per annum for running a 355 on a lot less mileage approx 2k a year.

Cheers

I would bet that whoever told you that has never owned one. No wonder folk get scared off buying these cars if thats the talk on the street!! You should go back to whoever told you that and look smug knowing that you know better and that they are a dafty.

Mine has cost me the price of 2 annual services, (one biggie cambelt one at circa £1600 and one standard annual at circa £600, 1 set of rear tyres at circa £200ish, some brake pads at whatever £££ they were, and ... thats it, apart from the usual petrol,tax and insurance. Before buying, the recieved wisdom to me from those who actually seemed to know what they were talking about was to budget in the region of £2k / year on average. My experience to date is that this is in the right ballpark.

Thats with nothing going wrong though (unwise to budget like that). Something will with a car of this age (at some point) and including labour it will always come to £1-2k at an independant at best. Throw in depreciation and other running costs, maybe finance and you won't be far off £10k at all.

Still cheaper than depreciation on a new Beemer/Merc/Rangie etc.

Edited by jdw1234 on Friday 13th March 10:05

[burriana]

sone said:

Sorry to harp on but I have been told to allow upto 10k per annum for running a 355 on a lot less mileage approx 2k a year

But an engine rebuild each year is taking servicing to the extreme

Even with depreciation (which shouldn't be included in "running" costs) it sounds a bit steep.

[Davey S2]

renmure said:

sone said:

1 set of rear tyres at circa £200ish,

£200!!

What sort of pikey tyres do you get for £200? 1 rear Pilot Sport for my Cayman is about £275.

[renmure]

Davey S2 said:

renmure said:

sone said:

1 set of rear tyres at circa £200ish,

£200!!

What sort of pikey tyres do you get for £200? 1 rear Pilot Sport for my Cayman is about £275.

ok, I had a look at the bill, £200ish = £398.00 for 2 Bridgestone S01, so not too far out
Suppose that edges me even closer to the £10k running costs / year.

[Davey S2]

Not bad for 355 tyres. What size are the rears and what sort of mileage do you get out of them on road use?

[renmure]

Rears are 265/40 R18 and the Bridgestone S01 are the / one of the tyres specifically recommended for the F355. When I bought my car in Dec 2006 the PPI noted the rears to be about 50% worn. I did about 4k miles before needing to change in Autumn so I guess its somewhere between 4k and 8k, depending on how much like Miss Daisy you drive.

[Gring]

jdw1234 said:

renmure said:

sone said:

Sorry to harp on but I have been told to allow upto 10k per annum for running a 355 on a lot less mileage approx 2k a year.

Cheers

I would bet that whoever told you that has never owned one. No wonder folk get scared off buying these cars if thats the talk on the street!! You should go back to whoever told you that and look smug knowing that you know better and that they are a dafty.

Mine has cost me the price of 2 annual services, (one biggie cambelt one at circa £1600 and one standard annual at circa £600, 1 set of rear tyres at circa £200ish, some brake pads at whatever £££ they were, and ... thats it, apart from the usual petrol,tax and insurance. Before buying, the recieved wisdom to me from those who actually seemed to know what they were talking about was to budget in the region of £2k / year on average. My experience to date is that this is in the right ballpark.

Thats with nothing going wrong though (unwise to budget like that). Something will with a car of this age (at some point) and including labour it will always come to £1-2k at an independant at best. Throw in depreciation and other running costs, maybe finance and you won't be far off £10k at all.

Still cheaper than depreciation on a new Beemer/Merc/Rangie etc.

Edited by jdw1234 on Friday 13th March 10:05

Surely you cant include depreciation? If that were the case I could say that running my old CLK cost me £20k a year! lol I lost best part of £15k in depreciation, spent £400 on tyres, £600 on insurance, £700 on a service, and probably 3k on fuel! lol

Edited by Gring on Friday 13th March 15:19

[jdw1234]

Gring said:

jdw1234 said:

renmure said:

sone said:

Sorry to harp on but I have been told to allow upto 10k per annum for running a 355 on a lot less mileage approx 2k a year.

Cheers

I would bet that whoever told you that has never owned one. No wonder folk get scared off buying these cars if thats the talk on the street!! You should go back to whoever told you that and look smug knowing that you know better and that they are a dafty.

Mine has cost me the price of 2 annual services, (one biggie cambelt one at circa £1600 and one standard annual at circa £600, 1 set of rear tyres at circa £200ish, some brake pads at whatever £££ they were, and ... thats it, apart from the usual petrol,tax and insurance. Before buying, the recieved wisdom to me from those who actually seemed to know what they were talking about was to budget in the region of £2k / year on average. My experience to date is that this is in the right ballpark.

Thats with nothing going wrong though (unwise to budget like that). Something will with a car of this age (at some point) and including labour it will always come to £1-2k at an independant at best. Throw in depreciation and other running costs, maybe finance and you won't be far off £10k at all.

Still cheaper than depreciation on a new Beemer/Merc/Rangie etc.

Edited by jdw1234 on Friday 13th March 10:05

Surely you cant include depreciation? If that were the case I could say that running my old CLK cost me £20k a year! lol I lost best part of £15k in depreciation, spent £400 on tyres, £600 on insurance, £700 on a service, and probably 3k on fuel! lol

Edited by Gring on Friday 13th March 15:19

Well, yes. Your CLK cost you £20k last year (assuming you are not financed and attribute no opportunity cost to the cash tied up (i.e. if you paid cash, you could have used it to pay off any outstanding mortgage balance on your house etc.) - otherwise it cost you even more).

But, hey. Its not all about that :-)

[sone]

7k was the figure quoted to me excluding depreciation insurance etc. Thought it was a bit strong.

[burriana]

A bit?

Whoever had that experience must have had something untoward go wrong with the car.

[M3CD]

Sometimes people like to big themselves up - along the lines of how rich they must be to run a fezza as its so expensive.

Like I said on the porsche thread its not too expensive to run a fezza vis-a-vis porsche.

[Sarnie]

The key is buying the right car. I bought a G, doubled its mileage and didn't spend a penny on it outside out of petrol and insurance. Service was paid for by the dealer

Depreciation can't be factored into 'running costs' as 'running costs' are the costs it takes to keep the car on the road. Once the car is bought depreciation is only an issue when you come to sell.

[sone]

Sarnie said:

The key is buying the right car. I bought a G, doubled its mileage and didn't spend a penny on it outside out of petrol and insurance. Service was paid for by the dealer

Depreciation can't be factored into 'running costs' as 'running costs' are the costs it takes to keep the car on the road. Once the car is bought depreciation is only an issue when you come to sell.

Agreed.

[spooter]

I have had my 360 for just under a year and done just over 4500 miles and so far has not cost a penny other than petrol.
In the next month or so i will be getting a 6000 mile service done with cambelts £1100 approx and have orderd a new pair of tyres for the rear toyo £360 for the pair
i have just looked back all the old servicing recipts 9 years 35000miles including tyres and brakes and 1 clutch is averaging £1823 a year