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E30 Math - 25 months of ownership

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    E30 Math - 25 months of ownership

    Out of curiosity, I was looking at my aCar app on my phone, which I use to keep track of all of my car expenses.

    I have owned my E30 for 25 months.

    Including the cost of the car ($2000), I've spent $20155 and I have driven just over 120,000 km.

    10% was cost of the car
    56% of my expenses has been fuel ($11,247)
    34% has been servicing, repairs and expenses. This figure includes regular maintenance, repairs, insurance, and licensing fees.

    Gas on average has cost me $450/month. But I also drive a shit ton.

    If I tally the cost of the car, and servicing/expenses, I come out to $352/month or $88/week. I did some quick looking at new cars and how much a monthly payment just for the car would be, assuming a minor trade and no money down, and I was looking at $450 month and up PLUS expenses and plus fuel.

    I think I'm doing ok, all things considered.
    Estoguy
    1986 BMW 325, Alpenweiss ~ "Elsa"

    Need a photographer, come visit my site: http://estoguy.wix.com/unique-perspectives

    #2
    Usually it's best not to know how much money you have into your e30
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      #3
      Originally posted by shameson View Post
      Usually it's best not to know how much money you have into your e30
      this

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        #4
        All cars have a cost of ownership, might as well keep track.
        Drive it hard. Maintain it well.


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          #5
          http://www.r3vlimited.com/board/showthread.php?t=305779

          I tried to cover this before, maybe I should update it. Knowing the actual cost per mile can really make you think about how you structure your driving.

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            #6
            What's the name of the app
            sigpic

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              #7
              Originally posted by Suavebob23 View Post
              What's the name of the app
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                #8
                i drive a well maintained eta automatic. my expenses are about 2 bucks a day.
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                  #9
                  37.5K miles a year yes you drive a ton of miles.
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                    #10
                    The app I use to keep track of fill ups, service, etc. is called aCar.

                    It also calculates fuel economy, cost per km, etc. Pretty neat app and it can export into a spreadsheet.
                    Estoguy
                    1986 BMW 325, Alpenweiss ~ "Elsa"

                    Need a photographer, come visit my site: http://estoguy.wix.com/unique-perspectives

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                      #11
                      I like to add all my fuel ups to the website Fuelly. Besides that I do keep track of parts bought but never added it up yet. Maybe post engine build I will. These things are interesting to see.

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                        #12
                        Yea id prefer not to know how much I've put in my e30.


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                          #13
                          Originally posted by roguetoaster View Post
                          http://www.r3vlimited.com/board/showthread.php?t=305779

                          I tried to cover this before, maybe I should update it. Knowing the actual cost per mile can really make you think about how you structure your driving.
                          At one point I stated a spread sheet on how much money I spend on just one of my e30s. It made me realize that cheap older cars (German cars) are not cheaper in the long run. Spending 4k on a 2000 Toyota Camry is cheaper over the course of a year then getting a 1k e30 and getting it to reliable condition.

                          Granted, for me the cost of driving a bottle of vanilla is just too high for me.

                          Originally posted by Reichart12 View Post
                          I like to add all my fuel ups to the website Fuelly. Besides that I do keep track of parts bought but never added it up yet. Maybe post engine build I will. These things are interesting to see.
                          Fuelly is pretty grade, I use the smart phone app, really makes you realize how much fuel you use.

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                            #14
                            I use acar too. Great app.

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                              #15
                              Originally posted by shameson View Post
                              Usually it's best not to know how much money you have into your e30
                              True, but cruizin on Xmas day in the sunshine makes it worthwhile. I think I'm getting close to $10,000 1991 E30 vert.

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