arabski Posted January 16, 2017 Report Share Posted January 16, 2017 (edited) I sold my car when changing my job last December. Since I logged any expense related to the car, I was able to calculate the total cost of ownership for it. I hope it will help anybody make up his/her mind when buying a car like that in the future. Enjoy: Trim: Sport, model: 2013, purchase date: Nov 2013. Bought via Saudi dealer in Dammam, Saudi Arabia for $ 41,333k (prices are a bit off in the Middle East). Sold - Dec 2013 with 92,722 kms (57,965 miles) on the odo meter for $ 17,333. I burned 13077 liters of fuel in total, fuel cost $2,878.40 (Saudi Arabia & Bahrain fuel prices mostly) Total cost of other expenses, including: - insurance, - set of tyres - two sets of windscreen wipers - a gear shifter (link to other thread here) - servicing and accessories - window tinting - export and registration fees (at some point I moved to Bahrain) - DLRs from drivebright ...all up it was $5,745 spent in 3 years. (intentionally excluding only the JL Audio StealthBox, that we all know does not make much financial sense to own, but I didn't want it to spoil the calculation) Sum it all up and deduct the sale price -> TCO for 3 years and 60k miles comes down to ~ $32,623.30 divide everything again by 38 months and here is what you got -> Total cost per month: $858.51 Total cost per 100km: $106.34 (~$170 per 100 miles if I count correctly). I wonder if anybody can relate. I can't tell if this is a lot or not - there are plenty of hidden costs that we usually do not take into consideration when buying a car - this time I managed to capture any dollar, dirham or dinar spent - hence the detailed summary. I really liked the car, I am considering getting '16 Edge Sport if the local dealer in UAE presents any good offer for these last year models - especially having learnt they DO provide a warranty for the sunroof this time (3 years) and servicing plan offering basically 6x oil changes in 3 years (one every 6 months). Here's a link to my motostat fuel tracking profile (non-fuel related costs remain hidden). Edited January 16, 2017 by arabski 1 Quote Link to comment Share on other sites More sharing options...
WWWPerfA_ZN0W Posted January 16, 2017 Report Share Posted January 16, 2017 Good info :thumb: Hope you will be getting into another Edge soon! Quote Link to comment Share on other sites More sharing options...
omar302 Posted January 16, 2017 Report Share Posted January 16, 2017 Arabsk, seems you moved to UAE? If that's the case, ask the dealer if they have leasing options. The depreciation you had is terrible, and I expect the new Edge will be even worse since it is even more expensive & the market in GCC is currently not good for new cars, but excellent if want to buy a used one though. 1 Quote Link to comment Share on other sites More sharing options...
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