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My Saab's ownership costs looking good...
Posted by Greg W [Email] (more from Greg W) on Fri, 30 Jan 2004 08:40:07
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Updating my personal financials last night, I looked at my '03 9-5 Arc ownership costs as a year-old used car. I like to do this evaluation periodically, as I can always sell my car and buy another. On a wild hair, I also looked at other similarly equipped cars I had considered buying. Looking at future depreciation as though a used car (i.e. ignoring past years' depreciation) and at total ownership costs on a cents-per-mile (cpm) basis, I was happy to see how the Saab ranked. Here's some numbers I thought you'd enjoy seeing:
- Saab 9-5 Arc $13,608 (52 cpm)
- BMW 530i $18,586 (59 cpm)
- Audi A6 3.0 Quatro $17,605 (59 cpm)
- Lexus ES300 $13,610 55 cpm)
- Infiniti I35 $12,082 (50 cpm)
- Acura TL Type-S $11,557 (48 cpm)
With my 50 mile round trip commute, I enjoy a free Starbucks mochafrappalottomus over the BMW and Audi, but give up a rose petal scone compared to my second place car, the TL Type-S. Besides, the Saab's handsome, and a bit more unique on the highways.
posted by 146.27.12...
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