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Author Topic: Omega Ownership Costs  (Read 8986 times)

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Lizzie Zoom

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Omega Ownership Costs
« on: 29 June 2019, 17:02:59 »
Well I purchased my Omega on the 1st July 2013, so 6 years ago Monday, at 55,646 miles, now 77,000.

Including all costs to purchase and maintain her, with no expense spared, my outlay has now reached £17,009.16 after purchasing the Supertrol Anti Rust Fluid.

Yes, keeping her going from purchase has cost, but that is 6 years of motoring in a car I love, feel safe in, and does everything I want in comfort (climate control this morning was oh so good!! :D :D :D) If I had bought a Merc, and I was tempted in 2013, how much would that have cost in depreciation and maintenance costs?

No, I am happy and that is all I want now! :D :D :P ;)
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dave the builder

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Re: Omega Ownership Costs
« Reply #1 on: 29 June 2019, 17:29:53 »
Does that include the £16,000 to rebuild it after the bump  :-\  ;D
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Field Marshal Dr. Opti

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Re: Omega Ownership Costs
« Reply #2 on: 29 June 2019, 17:36:57 »
Quote from: Lizzie Zoom on 29 June 2019, 17:02:59
Well I purchased my Omega on the 1st July 2013, so 6 years ago Monday, at 55,646 miles, now 77,000.

Including all costs to purchase and maintain her, with no expense spared, my outlay has now reached £17,009.16 after purchasing the Supertrol Anti Rust Fluid.

Yes, keeping her going from purchase has cost, but that is 6 years of motoring in a car I love, feel safe in, and does everything I want in comfort (climate control this morning was oh so good!! :D :D :D) If I had bought a Merc, and I was tempted in 2013, how much would that have cost in depreciation and maintenance costs?

No, I am happy and that is all I want now! :D :D :P ;)

That is a very specific figure, Lizzie.

Do you document and keep a note of 'every single expense'?

I initially kept a note of what my Tata was costing me but soon stopped when depreciation and tyres was added to the equation. :) :-* :-* :-* :-*



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Sir Tigger KC

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Re: Omega Ownership Costs
« Reply #3 on: 29 June 2019, 17:40:20 »
£236.24 a month to waft around in a powerful luxurious car that you own!  :y

Many people pay more than that to lease a new car to impress the neighbours and they'll never own it!  ::)  ;)
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STEMO

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Re: Omega Ownership Costs
« Reply #4 on: 29 June 2019, 17:42:24 »
Quote from: Sir Tigger QC on 29 June 2019, 17:40:20
£236.24 a month to waft around in a powerful luxurious car that you own!  :y

Many people pay more than that to lease a new car to impress the neighbours and they'll never own it!  ::)  ;)
Yes, I'll bet the neighbours were well impressed with Lizzies car.  ::)
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Sir Tigger KC

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Re: Omega Ownership Costs
« Reply #5 on: 29 June 2019, 17:43:49 »
Quote from: STEMO on 29 June 2019, 17:42:24
Quote from: Sir Tigger QC on 29 June 2019, 17:40:20
£236.24 a month to waft around in a powerful luxurious car that you own!  :y

Many people pay more than that to lease a new car to impress the neighbours and they'll never own it!  ::)  ;)
Yes, I'll bet the neighbours were well impressed with Lizzies car.  ::)

Of course they are, it's a modern classic!  :)
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STEMO

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Re: Omega Ownership Costs
« Reply #6 on: 29 June 2019, 17:44:24 »
Quote from: Sir Tigger QC on 29 June 2019, 17:43:49
Quote from: STEMO on 29 June 2019, 17:42:24
Quote from: Sir Tigger QC on 29 June 2019, 17:40:20
£236.24 a month to waft around in a powerful luxurious car that you own!  :y

Many people pay more than that to lease a new car to impress the neighbours and they'll never own it!  ::)  ;)
Yes, I'll bet the neighbours were well impressed with Lizzies car.  ::)

Of course they are, it's a modern classic!  :)
I know that.  ;D
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Lizzie Zoom

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Re: Omega Ownership Costs
« Reply #7 on: 29 June 2019, 17:53:50 »
Quote from: dave the builder on 29 June 2019, 17:29:53
Does that include the £16,000 to rebuild it after the bump  :-\  ;D

 :o :o :o ;D ;D ;D ;)

No, but it does include £1,190 net for parts and labour after insurance payout ;)
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Lizzie Zoom

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Re: Omega Ownership Costs
« Reply #8 on: 29 June 2019, 17:55:11 »
Quote from: Field Marshal Dr. Opti on 29 June 2019, 17:36:57
Quote from: Lizzie Zoom on 29 June 2019, 17:02:59
Well I purchased my Omega on the 1st July 2013, so 6 years ago Monday, at 55,646 miles, now 77,000.

Including all costs to purchase and maintain her, with no expense spared, my outlay has now reached £17,009.16 after purchasing the Supertrol Anti Rust Fluid.

Yes, keeping her going from purchase has cost, but that is 6 years of motoring in a car I love, feel safe in, and does everything I want in comfort (climate control this morning was oh so good!! :D :D :D) If I had bought a Merc, and I was tempted in 2013, how much would that have cost in depreciation and maintenance costs?

No, I am happy and that is all I want now! :D :D :P ;)

That is a very specific figure, Lizzie.

Do you document and keep a note of 'every single expense'?

I initially kept a note of what my Tata was costing me but soon stopped when depreciation and tyres was added to the equation. :) :-* :-* :-* :-*

Yes, basically every single penny is taken into account as per business practice Opti ;)
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Lizzie Zoom

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Re: Omega Ownership Costs
« Reply #9 on: 29 June 2019, 17:56:34 »
Quote from: Sir Tigger QC on 29 June 2019, 17:40:20
£236.24 a month to waft around in a powerful luxurious car that you own!  :y

Many people pay more than that to lease a new car to impress the neighbours and they'll never own it! ::)  ;)

Exactly Sit Tigger, that is the way I look at it and IF I sell it who knows how much I will get back, unlike those leaseholders! :D ;)

How much is the deposit alone, let alone monthly payments for a Merc E350? :o :o :D :D
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Lizzie Zoom

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Re: Omega Ownership Costs
« Reply #10 on: 29 June 2019, 18:00:09 »
Quote from: STEMO on 29 June 2019, 17:42:24
Quote from: Sir Tigger QC on 29 June 2019, 17:40:20
£236.24 a month to waft around in a powerful luxurious car that you own!  :y

Many people pay more than that to lease a new car to impress the neighbours and they'll never own it!  ::)  ;)
Yes, I'll bet the neighbours were well impressed with Lizzies car.  ::)

Apart from the car my car dealership friend drives, plus about three others, that are newish but underpowered, none of them come anywhere close to my Omega for power and comfort.  Plus many of my neighbours do not have a car at all! ;D ;D ;D ;)
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dave the builder

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Re: Omega Ownership Costs
« Reply #11 on: 29 June 2019, 18:12:48 »
 My 53 plate Omega in 15 months ,3500 miles
transmission oil and filter
1 coil pack+ genuine plugs ,air filter,oil filter,oil
1 x mot
paint ,underseal,supertrol ,panels ,etc
bucket avoidance system rear camera ,touchscreen radio + dashcam
new rear springs ,seat covers
spare extra parts(spare mirrors,brake pads cable ,headlamps etc )
including petrol .insurance ,breakdown cover

less than £150 per month
not including my labour  ;D

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Lizzie Zoom

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Re: Omega Ownership Costs
« Reply #12 on: 29 June 2019, 18:18:49 »
Quote from: dave the builder on 29 June 2019, 18:12:48
My 53 plate Omega in 15 months ,3500 miles
transmission oil and filter
1 coil pack+ genuine plugs ,air filter,oil filter,oil
1 x mot
paint ,underseal,supertrol ,panels ,etc
bucket avoidance system rear camera ,touchscreen radio + dashcam
new rear springs ,seat covers
spare extra parts(spare mirrors,brake pads cable ,headlamps etc )
including petrol .insurance ,breakdown cover

less than £150 per month
not including my labour  ;D

Which in anyone's book Dave must be considered cheap for running our cars :D :D :y
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Field Marshal Dr. Opti

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Re: Omega Ownership Costs
« Reply #13 on: 29 June 2019, 18:26:02 »
Quote from: Sir Tigger QC on 29 June 2019, 17:40:20
£236.24 a month to waft around in a powerful luxurious car that you own!  :y

Many people pay more than that to lease a new car to impress the neighbours and they'll never own it!  ::)  ;)

I struggle to see the appeal of 'renting' cars. :-\
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Lizzie Zoom

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Re: Omega Ownership Costs
« Reply #14 on: 29 June 2019, 18:32:17 »
Quote from: Field Marshal Dr. Opti on 29 June 2019, 18:26:02
Quote from: Sir Tigger QC on 29 June 2019, 17:40:20
£236.24 a month to waft around in a powerful luxurious car that you own!  :y

Many people pay more than that to lease a new car to impress the neighbours and they'll never own it!  ::)  ;)

I struggle to see the appeal of 'renting' cars. :-\

What I can see going for it is that there is no worry about maintenance and repair costs, with you just driving the car, with no disposal worries after the lease period runs out.  ;)
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