I think a few people might need a sit down and a cold towel with what I'm about to reveal!!
Are you ready, sitting comfortably with a beer and a nurse on stand-by?
My figure appears to be coming out at £14k.
I've owned the car since April 2022 and admittedly have done in the region of 40,000 miles on the old girl, but this does NOT include any of the following;
- The cost of purchasing the car
- Road tax
- Insurance
- or the fact that I've fitted my own front springs, brakes, fixed rust and painted the rear quarter, and a few other jobs that avoided the intervention of a garage.
When I get a chance I'll group this into types of spending (i.e. service work, repairs, cosmetic stuff) but the biggest single bill was a £3k transmission rebuild, which to be fair you could classify as a "multiple" year expense i.e. its something that could be seen as a 5 year cost (using a bit of man maths).
So how do I feel about this?
Well I cannot deny that this is more than I anticipated when I got the calculator out. Do I simply look at it as roughly £6k per year? Do I take the transmission rebuild out and think of it as more like £4-5k per year? Or do I factor in the mileage and call it 35p per mile?
Not sure.
What is for sure is that whatever the car has needed it has had. There's probably some small bits missing from this but its about right.
I think the lesson here for anyone considering running one of these older cars, even if as in my case its not my only car and mostly used for the dog, moving old car parts around and travelling into Poland a few times (its been a good work horse) the bills can rack up pretty quickly if you buy one that's been neglected. I'm not sure mine has been as its got 18 services stamped, and plenty of history prior to my ownership, but even with that they still need money spent on them.
I think even if you factored in the cost of buying it and considered depreciation (which I think would be minimal even given its age and mileage) I think I'd still be sitting at around £8k per year all in.
Be interesting what other L322 owners of similar vintages in particular have spent.
I'm off for a lie down and a Thai massage with a happy ending ....................
Jon
Last edited by Scouse Exile on 9th Oct 2024 1:29pm. Edited 1 time in total
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