4 Year Anniversary! W/ Cost of Ownership Stats

[crystalworks]

Time flies doesn't it? I picked up Red 4 years ago Tuesday Aug 20, 2015. Crazy. She's treated me pretty well and hopefully will continue to do so. She is certainly not the cheapest BMW I've ever owned though. See below for some fun/interesting stats.

At the dealership the day Mouse and I picked her up in San Jose, California after the wife and I bought her sight unseen (scary as hell):



Current:



Fun facts:

1. 29,143 total miles on her since purchase. - Year 1: 17,106 - Year 2: 5,375 - Year 3: 3,969 Year 4: 2,693
2. 1,747.05 gallons of fuel has been pumped into her over 90 fillups
3. $4,403.32 total cost of fuel
4. 16.89mpg average over ownership. Best tank 20.76mpg and worst tank 13.91mpg
5. $5,699.42 has been spent on maintenance/parts
6. $4,078.17 has been spent on mods/upgrades
7. $15,836 purchase price (dealer fees/taxes/etc)
8. $30,016.91 total cost of ownership for 4 years

Just thought I'd share. Always interesting to look back on the ownership experience. Red's provided me and the family with lots of enjoyment. As a result, no matter how painful she can be for the wallet, she'll be sticking around for a VERY long time. Hell, even this last weekend, took her to an Audi dealership to check out a sakhir orange M3 and had a fair share of the sales force looking at and talking about the truck. This is with a V10 R8 about 20 feet away. Warmed my heart.

[andrewwynn]

5700/48=118.75 monthly parts. I tell everybody budget $100. That's not far off. About $100/mo will keep E53 like new probably forever. I'm thinking you may be a little higher than average with some preemptive parts exchange to really keep it new like.

Great feedback on a sweet ride.

[Happy]

Yeah time sure does fly.

Red is looking pretty sharp. Nice!

They are definitely not the cheapest BMW to own that’s for sure. LoL..

But, like you said when you got the family loaded up road trippin, there ain’t to many vehicles that give such an awesome experience!

[SlickGT1]

People constantly do a double take when they hear mine is 2006.

Looks great.

[crystalworks]

Originally Posted by andrewwynn

5700/48=118.75 monthly parts. I tell everybody budget $100. That's not far off. About $100/mo will keep E53 like new probably forever. I'm thinking you may be a little higher than average with some preemptive parts exchange to really keep it new like.

Great feedback on a sweet ride.

For sure. Lots of preventative maintenance parts. Many of which aren't even on the truck yet. I have all the VSS gaskets, seals, and other parts here in a box. Along with a complete cooling system. Still need to get the crossover pipe and a few other preventative stuff before I go in for surgery with her. Until then I'm just enjoying driving it once a week or so.

Originally Posted by Happy

Yeah time sure does fly.

Red is looking pretty sharp. Nice!

They are definitely not the cheapest BMW to own that’s for sure. LoL..

But, like you said when you got the family loaded up road trippin, there ain’t to many vehicles that give such an awesome experience!

Thanks! And yes, even if way more expensive to own than an E46, E39, or even my wife's E70 diesel... the RoI of the fun and enjoyment more than makes up the difference.

Originally Posted by SlickGT1

People constantly do a double take when they hear mine is 2006.

Looks great.

Thanks. The techs always take pictures when I take it in to the dealership for an inspection. And agreed. Non-BMW fans are rarely able to guess the age of the truck. E53 was designed very well in terms of the design's lasting freshness.