Follow up i.r.t. (How much you have spent on your car?)

General conversations about BMW E28s and the people who own them.
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Jon in Richmond
Posts: 1389
Joined: Feb 12, 2006 12:00 PM

Post by Jon in Richmond »

How much $$$ have you saved by doing your own work, repairs?

It's great being able to save money, have fun, feel like blowing up your car when something doesn't fit or you can't quite reach it or you put it back together wrong and have to take it apart again! Did I mention have fun!
And just going to sleep with the satisfaction of having done it yourself and waking up the next morning barely able to move. !@#$

This is just a guess but at an conservative hourly rate of $75 I would say I have saved $5,000 on labor and another $2 - $3,000 in parts mark up. Plus the fact that I get some alone time away from the wife and kids = PRICELESS!
:p
Rich in Tupelo
Posts: 2917
Joined: Feb 12, 2006 12:00 PM
Location: Spring Hill, TN

Post by Rich in Tupelo »

In your hourly rate savings of $5000 is that based on the # of hours it took you or the # of hours it would have taken the dealer :?

:D !@#$ :D !@#$ :D !@#$

~0

Rich
Jon in Richmond
Posts: 1389
Joined: Feb 12, 2006 12:00 PM

Post by Jon in Richmond »

Ha, I was debating saying that it takes me probably twice as long to do some things that it would a competent mechanic. So I kind of put that figure in the middle.
Rich in Tupelo
Posts: 2917
Joined: Feb 12, 2006 12:00 PM
Location: Spring Hill, TN

Post by Rich in Tupelo »

You know that a TIC comment that I just couldn't resist. How's the M535i coming?

:)


[Edit by Rich in Savannah on [TIME]1108692971[/TIME]]
Jon in Richmond
Posts: 1389
Joined: Feb 12, 2006 12:00 PM

Post by Jon in Richmond »

Coming along good. I just R&R'd the clutch master and slave last night. Now I don't have to pull up the clutch pedal with my foot or put it in neutral everytime I stop.
Threeshifter
Posts: 704
Joined: Feb 12, 2006 12:00 PM

Post by Threeshifter »

Id guestamate around $1500-1800 saved doing my own work and parts so far- over about 3 months.
Far greater savings in not having some a$$hole mess things up for you. It is far better to mess things up on your own.
Unless you have lucked out or done work to find a good and honest mechanic, those labor costs can skyrocket fast, due to shystyness or incompetence.

Plus I think it really does make you a better problem solver, orginizer, thinker, and overall cooler.
kendogg1
Posts: 668
Joined: Feb 12, 2006 12:00 PM
Location: Alpharetta, GA

Post by kendogg1 »

So far, $17, all I've odne is an oil cahnge so far. But, I'm about to re-wire my headlights, and see why my heater is acting up,a dn a few otehr minor things. Then, once I've graduated school this summer, and I know how my financial situation will be once student loan payments start comming in, it's on!!! Can I say 3.5L turbo?
Steve Haygood
Posts: 1943
Joined: Feb 12, 2006 12:00 PM
Location: Thomaston Ga
Contact:

Post by Steve Haygood »

millions.....no, wait, billions...... If I took the time to figure out even close to what I have saved, I would have to sell it to pay the bills, that would pile up while figuring it out, it WOULD take that long
Tammer in Philly
Posts: 10719
Joined: Feb 12, 2006 12:00 PM
Location: CHI, IL

Post by Tammer in Philly »

While I'm a pretty slow wrench, using "book time" I still figure that I've saved at least $7500 in labor/parts markup on the car. And that's conservative.

The few jobs I've had done at a shop out of necessity (time, tow, etc), the parts cost me 50% more than I can get through Steve, and the labor costs as much as or more than the parts. So basically, doing the work yourself costs about 1/3 as much as doing it at a shop.

I definitely couldn't afford to run this thing if I were at the mercy of a shop for every repair.

-tammer
John SCB
Posts: 1866
Joined: Feb 12, 2006 12:00 PM
Location: SoCal, on the Beach.

Post by John SCB »

Spent about $4k, including $2k on transmission (during the trek to 5er fest 2002),
wheels, ground effects etc. Considering i got the car for $10k, driven it 110k miles, i'd say
it's still been a bargain.

John
'88 535is / 158k
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