Time to Cut Bait? (E70 4.8i Issues)

[ard]

Originally Posted by Pushrod

Finally listed for sale on Chicago Craigslist -> https://chicago.craigslist.org/chc/c...512822053.html

Valve stem seals? If you've done them, you ought to mention it in the ad....

[Pushrod]

Originally Posted by ard

Valve stem seals? If you've done them, you ought to mention it in the ad....

Nope, valve stem seals haven't failed yet. Yet.

[Pushrod]

So the Grand Adventure begins....

SOLD - for $16k - with indications of valve guide issues the last few days. Major WTF BMW?

Looking forward to the challenge of a carless life for - no clue how long.

[Pushrod]

As a fun little exercise (OK, maybe not so fun), I figured a total cost of ownership for my X5 from May 2015 to March 2018. I factored in everything I could think of: Payments, down payment, gasoline, repairs, registration, city stickers and insurance. I also included the positive equity from the sale of the car.

Total cost for 33 months of ownership: $34,107 (Including ~$9k in gas).

Cost / Month: $1033.55
Cost / Day: $34.45
Cost / Mile: $1.04

Makes for a pretty good argument to try life without a car for a spell when I don't really even need one.

[BGM]

Originally Posted by Pushrod

As a fun little exercise (OK, maybe not so fun), I figured a total cost of ownership for my X5 from May 2015 to March 2018. I factored in everything I could think of: Payments, down payment, gasoline, repairs, registration, city stickers and insurance. I also included the positive equity from the sale of the car.

Total cost for 33 months of ownership: $34,107 (Including ~$9k in gas).

Cost / Month: $1033.55
Cost / Day: $34.45
Cost / Mile: $1.04

Makes for a pretty good argument to try life without a car for a spell when I don't really even need one.

I just did a quick analysis on mine after 90 months of ownership:

Cost / Month: $775.00

[Pushrod]

Originally Posted by BGM

I just did a quick analysis on mine after 90 months of ownership:

Cost / Month: $775.00

Quite similar. Seems the X5 likes to ramp up the repair costs just as the payments start to taper off, so it's pretty consistent.

Did you include your garage cost?

[BGM]

Originally Posted by Pushrod

Quite similar. Seems the X5 likes to ramp up the repair costs just as the payments start to taper off, so it's pretty consistent.

Did you include your garage cost?

Good point, I didn't include garage but that's only like 7 months (when I was in Dallas there was no garage cost). So, maybe adds on like $20/month over the entire 90 months. I wonder if need to also include all the big repairs under CPO. That wouldn't matter as far as value to someone buying (to some extent) but for me it's "value".

Since I now only put on like 100 miles a month, my plan is to keep it another 2 years. With that mileage at that point, I won't even have 100K miles on it at 12 years old. Even if I figure $3K in repairs (which I doubt since it's just parked) over that time plus garage/insurance/gas, it brings it down quite a bit more as far as monthly cost.