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Author Topic: Omega Ownership Costs  (Read 913 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 »

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 QC

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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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Re: Omega Ownership Costs
« Reply #4 on: 29 June 2019, 17:42:24 »

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 QC

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Re: Omega Ownership Costs
« Reply #5 on: 29 June 2019, 17:43:49 »

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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Re: Omega Ownership Costs
« Reply #6 on: 29 June 2019, 17:44:24 »

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 »

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 »

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 »

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 »

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 »

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 »

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 »

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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dave the builder

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Re: Omega Ownership Costs
« Reply #15 on: 29 June 2019, 18:36:46 »

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

cheap motoring considering the payload i carry  :y
,the only thing that I'd moan about is the 25 MPG petrol cost
I used to get 33 ish MPG from my 20SE carlton ,which was pre emission standards 1990s
(the C20NE engine got dumped ) :-X

that said ,I'd much rather drive My car than some modern FWD 50 MPG Euro box

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Re: Omega Ownership Costs
« Reply #16 on: 29 June 2019, 18:47:58 »

I type a long reply with all my cars down to pence per mile, but the useless oppsing wifi around here meant it got lost. So oppsit, I aint type it again  >:(
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Re: Omega Ownership Costs
« Reply #17 on: 29 June 2019, 18:56:08 »

I type a long reply with all my cars down to pence per mile, but the useless oppsing wifi around here meant it got lost. So oppsit, I aint type it again  >:(
Shame, that would have made an interesting read.   :-X
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dave the builder

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Re: Omega Ownership Costs
« Reply #18 on: 29 June 2019, 18:56:25 »

I type a long reply with all my cars down to pence per mile, but the useless oppsing wifi around here meant it got lost. So oppsit, I aint type it again  >:(
so your internet can't deliver your "packets" in Brackley either  :P
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Re: Omega Ownership Costs
« Reply #19 on: 29 June 2019, 19:01:55 »

I doubt that I spent 5k on my plod one... Over 6 years/190k miles. And still sold it for what I paid for it ;D
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Re: Omega Ownership Costs
« Reply #20 on: 29 June 2019, 19:02:27 »

Don't have the paperwork to hand, but Ive spent over two grand getting mine how I want it. Most of that was in the first year.
The accepted wisdom would say its mad to spend thousands maintaining and upgrading a car with very little resale value, but a well sorted Omega is still a nice car to drive, even today. And how much  would a car cost now that has all or most of the characteristics of the Omega ?
To me, its cheap motoring.
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Re: Omega Ownership Costs
« Reply #21 on: 29 June 2019, 19:13:01 »

That's my logic too Albs.
Paid 1000 for mine around 5 years ago and went to town on it..new suspension/brakes/exhaust etc etc.

Dries like a dream and the 100k miles Ive covered have been a pleasure and now I only seem to pay std running costs.Trouble is with a 15 year old car when something big now needs doing you have a lot of soul searching justifying spending it again
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Re: Omega Ownership Costs
« Reply #22 on: 29 June 2019, 19:28:33 »

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


Which translates as an old car that I'm deluding myself might be worth something before I die
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Re: Omega Ownership Costs
« Reply #23 on: 29 June 2019, 20:13:49 »

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 ;)

Did you keep a record of how much, including fuel?
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Re: Omega Ownership Costs
« Reply #24 on: 29 June 2019, 21:12:42 »

About 17k unleaded in one year ::)
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Re: Omega Ownership Costs
« Reply #25 on: 29 June 2019, 21:24:02 »

Christ, Cba, I buy em, when it goes wrong fix it, how much does it cost over it's life couldn't tell ya, I've better things to waste my time on.
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Re: Omega Ownership Costs
« Reply #26 on: 29 June 2019, 22:34:29 »

Each to their own. ;)
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Lizzie Zoom

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Re: Omega Ownership Costs
« Reply #27 on: 30 June 2019, 07:53:32 »

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 ;)

Did you keep a record of how much, including fuel?

No, as I consider that, like insurance and road tax to be expenses for any car.  The figure would probably scare me though and be in the tens of thousands!! :o :o :o ;D ;D ;)
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Re: Omega Ownership Costs
« Reply #28 on: 30 June 2019, 09:42:13 »

Mine covers about 3500 miles per year at approx. 24mpg. Cba to work out the cost tbh because if I was interested or bothered, I wouldn't drive a gas guzzler.
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Re: Omega Ownership Costs
« Reply #29 on: 30 June 2019, 10:53:39 »

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


Which translates as an old car that I'm deluding myself might be worth something before I die

 :y  ;D ;D ;D
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Re: Omega Ownership Costs
« Reply #30 on: 30 June 2019, 11:13:38 »

Mine covers about 3500 miles per year at approx. 24mpg. Cba to work out the cost tbh because if I was interested or bothered, I wouldn't drive a gas guzzler.

about 810 in petrol @ 1.20 L

not including sweets,snacks,chocolate, lotto tickets and crap we pick up at the petrol station  ;D :D

I'd rather take the hit on low MPG than depreciation on a boring 50 MPG modern suv / estate big enough for all my crap
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Re: Omega Ownership Costs
« Reply #31 on: 01 July 2019, 17:24:12 »

I type a long reply with all my cars down to pence per mile, but the useless oppsing wifi around here meant it got lost. So oppsit, I aint type it again  >:(
so your internet can't deliver your "packets" in Brackley either  :P
FFS, its on the same ficking subnet, and still no delivery ;D
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Re: Omega Ownership Costs
« Reply #32 on: 01 July 2019, 17:26:17 »

I type a long reply with all my cars down to pence per mile, but the useless oppsing wifi around here meant it got lost. So oppsit, I aint type it again  >:(
Shame, that would have made an interesting read.   :-X
Basically, including fuel, servicing and repairs, but not including tax, insurance or stuff like screenwash that's bought for all 3 cars, it was working out at approx. (as CBA to look u0p actuals)

Jag = 27ppm
Battlesbus = 17ppm
TBE = 23ppm
Silver Bullet = 18ppm

Not taking into account purchase price either.
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Re: Omega Ownership Costs
« Reply #33 on: 01 July 2019, 17:29:37 »

I type a long reply with all my cars down to pence per mile, but the useless oppsing wifi around here meant it got lost. So oppsit, I aint type it again  >:(
Shame, that would have made an interesting read.   :-X
Basically, including fuel, servicing and repairs, but not including tax, insurance or stuff like screenwash that's bought for all 3 cars, it was working out at approx. (as CBA to look u0p actuals)

Jag = 27ppm
Battlesbus = 17ppm
TBE = 23ppm
Silver Bullet = 18ppm

Not taking into account purchase price either.
Perhaps we need a sarcastic smiley, I could have put it at the end of my post instead.  ;D
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Re: Omega Ownership Costs
« Reply #34 on: 01 July 2019, 17:44:00 »

I type a long reply with all my cars down to pence per mile, but the useless oppsing wifi around here meant it got lost. So oppsit, I aint type it again  >:(
Shame, that would have made an interesting read.   :-X
Basically, including fuel, servicing and repairs, but not including tax, insurance or stuff like screenwash that's bought for all 3 cars, it was working out at approx. (as CBA to look u0p actuals)

Jag = 27ppm
Battlesbus = 17ppm
TBE = 23ppm
Silver Bullet = 18ppm

Not taking into account purchase price either.
Perhaps we need a sarcastic smiley, I could have put it at the end of my post instead.  ;D
I know you're considering an Omega, hence why I posted...
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Re: Omega Ownership Costs
« Reply #35 on: 01 July 2019, 17:46:05 »

Keep every bill for our 3 vehicles never added them up the Hyundai Terracan has probably had the most money spent on it over the last 7 years the Scooby has cost peanuts over the last 2 years , the cheapest has been the Merc had it almost 4 years had 3 oil changes , two tyres & a new aerial rubber cone , and just to enhance the V8 burble custom built stainless steel exhaust system.😎
« Last Edit: 01 July 2019, 17:58:19 by Tilbo »
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Lizzie Zoom

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Re: Omega Ownership Costs
« Reply #36 on: 01 July 2019, 17:52:33 »

Keep every bill for our 3 vehicles never added them up the Hyundai Terracan has probably had the most money spent on it over the last 7 years the Scooby has cost peanuts over the last 2 years , the cheapest has been the Merc had it almost 4 years had 3 oil changes , two tyres & a new aerial rubber cone .😎

Ah, put it all on a spreadsheet for each vehicle; it is most enlightening, or upsetting!! ;D ;D ;D ;)
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