Quote:
Originally Posted by BGM
I'm at about the same amount in repairs in Oct/Nov but in a different situation. Mine is parked all week (walk to work), take public trans of course like most people in Chicago, don't want to have a car payment just to sit in a garage all month (which I pay $250/month for parking). I think I drive about 4 miles per week. I had $6K Oct/Nov (mostly leaks):
Oct: Crank Case Valve leak, Vacuum Pump and seal, Timing Cover Gasket and Timing Belt, Valley Pan leak with Coolant Flush and Brake Fluid service.
Nov: Cylinder 7 misfired so complete tune-up and also transmission service (had a leak and lines).
I only have 95K miles on it but it's more age than anything.
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Sounds like we share a similar pain with our 4.8s. Bummer. Mine is at 79k miles.
What happened when the #7 cylinder misfired? Coil go bad?
If I was paying $250 a month to park this thing, I'd be very seriously consider going without a car in Chicago. One advantage of living in Logan is that I have a garage that costs me no additional $. I've seriously been considering going carless in my current situation. I can rent a car for the weekends I need to drive to Milwaukee to pick up my daughter for $100/weekend, and use the Metra / L / Lyft / Uber / Zipcar / Bicycle and come out way ahead financially over my current $1500+ a month in repair bills on the X5, in addition to the car insurance / city stickers / registration / etc savings. Plus I'm already paying for public transit to get to work and around town, so the increased costs for public transit would be minimal.
I typically drive 800 miles a month picking up my daughter from Milwaukee, and then maybe 200 additional miles above that around Chicago. I've been considering having my daughter take the train to Chicago when she comes here for at least one part of the trip, which would negate some of the miles driving to Milwaukee.
Agree that it makes little financial sense to get something newer and take on a payment just to have it sit in the garage for extended periods and depreciate like crazy.
I may put my X5 up for sale once I get it back from this latest trip to the shop and see if I get any nibbles.