Deafender
Member Since: 09 Mar 2019
Location: Buckingham
Posts: 98
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Being able to carry out your own basic maintenance on a reliable car is a big plus in cost of ownership...
In 2014 I took an outrageous gamble and bought an RR P38 4.6 HSE with 103K miles on it and whacked 32,000 miles on it in twenty-six months... fuel cost aside (my fuel costs are subsidised by the business) the total bill in maintenance, including £700 for replacing the suspension airbags when I first got it, was around £2,200... I carried out the oil/filter changes myself at 5-6,000 mile intervals, (same on all my cars, I don’t have faith in the modern 10-20K intervals) and fault codes that came up were almost all cleared right away. The one faff where I called the cavalry in was a seized ABS sensor... some prattt hadn’t put the protective cover on when replacing it before, and it was well and truly seized in situ and had to be drilled out.
Can you imagine the cost of all that routine maintenance being carried out by a garage? No way I’d have made that purchase without being able to do my own basic servicing.
The gamble here was purchase cost vs depreciation vs cost to run. I got £500 more selling that car than I paid for it... so in my case that gamble paid off.
Our FL2 was not a gamble at all, and was well ahead of the game until late January 2019... we bought it in 2014 with 22,000 miles on it and put well over 100K miles on it since, and consumables aside, it had cost us nothing at all in faults/issues.
Then in January 2019, with 126K miles on it and literally on the very day we decided to trade it and had paid a visit to our LR dealer, a valve dropped in the number two pot and in effect destroyed the engine... A lot of research tells me that this is very rare in what is generally a reliable unit shared across LR, Ford and Peugeot, and the engine was well maintained, again shorter than recommended oil/filter changes, so we’ve put it down to just being one of those things.
Yet, even adding the cost of the exchange engine into our figures, because we’re now keeping the FL2 for another 70-100K miles we’re still likely to be quids in for our own circumstances, because the same measures of purchase cost vs depreciation vs cost to run still work for us. It’s economical on fuel while still quick enough on the road, tyres last (our XK8 has just had two tyres at 12K miles, whereas the FL’s have 26K on them and plenty of tread left) and the car won’t depreciate much more at all. (The beige/cream leather interior still cleans up nicely as well... )
There’ll be some bits that wear out of course, but it will be interesting to see what other issues come up as it will cross 200K miles in about 18 months from now. It will sound crazy, but I’m really glad to be keeping it a while yet, because I still haven’t seen a direct replacement for it I’d be happy with... and it would have cost much more than the exchange engine did to buy another suitable 20,000 mile vehicle... just look at 20,000 mile FL2 prices, never mind DS or Evoque prices... Lexus RX450H - 500 mile a week commuter- I just couldn’t trust in a newer RRS or DS for that….
2009 Freelander 2 HSE... 155K miles, we’ve done 135k of those, has done brilliantly on the commute and staying firmly put as car two in the household
2002 Jaguar XK8 Coupe... fun, fast, ours for 12 years and owes us nothing - so staying with us too…
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