the price of used car ownership--4 yr lookback - Saab General Bulletin Board - Saabnet.com
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the price of used car ownership--4 yr lookback
Posted by Dan A (more from Dan A) on Wed, 8 May 2002 12:09:19
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In march 1998 I bought a used 1995 9000 CSE with 28,000 miles for $21,000, including about $1500 for an extended warranty.
I have spent only about $1000 (until today) out of pocket for repairs, and about$1500 in warrantied repairs.
As my warranty expired in October 2001, I bought another one from GE for 3 yrs/36,000 miles for $2100. My car then had 58,000 miles.
Today my car is in the shop for a 60,000 mile tune, rotors, head gasket and assorted other items with about $1000 covered by warranty and $1400 out of pocket.
So all told I’ve spent approximately
21000
1000
2100
1400
26500
$26500 for 4 years of ownership—Edmunds estimates car is worth $9000. So $17500 for 4 years, or $4375/year.
The car is in excellent mechanical shape, and I’ll probably keep if for a few more years, but it looks like leasing a new 9-5 would not have been a bad trade-off.
Any thoughts?
posted by 192.234....
Posts in this Thread:
- the price of used car ownership--4 yr lookback, Dan A, Wed, 8 May 2002 12:09:19 <-- Viewing This Message
- New for same cost - And it's new too!, Mike Lynch
, Thu, 9 May 2002 18:57:55 - You done good, my thoughts........, pursang, Wed, 8 May 2002 12:47:35
- Re: the price of used car ownership--4 yr lookback, 91Aero.jr, Wed, 8 May 2002 12:30:12
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