[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index] [New Search]
On Mon, 2002-03-11 at 18:32, Andrew Davidson wrote: > > ----- Original Message ----- > From: "Simon Glen" <simonglen@bigpond.com> > T> > > The other aspect of this is that to bring our cherished > > vehicle up to scratch as he suggests will for most of us > > cost a lot of money, especially paying for experts to do > > really thorough rebuilds and repairs on our car. Yet, > > when all this money is added up we could have instead > > bought a brand new Hyundai with front and rear spoilers, > > 20-inch mag wheels and 50 stacker CD etc, etc.. However, > > in the end we who persisted with our ancient VWs will > > have a lovely honest practical car worth using and cherishing > > for many more years to come until long after the Hyundai > > has gone to recyclers. > > I was curious to see how it compares costwise to own a type 3 compared to a > cheap modern hatch like a hyundai. here is the comparison in australian > dollars. aus$2=us$1. > > 97 HYUNDAI EXCEL SPRINT > (3 door hatch, no a/c, no power steering, 5 speed manual trans) > Hyundai new 1997 13990 > Hyundai value 2002 5500 > > Hyundai depreciation P/A 1700 > Hyundai servicing and tyre P/A 500 > Capital cost P/A (assume 8%x13990) 1120 > > Total cost per annum 3320 > (not including fuel, insurance and registration) > > > 71 VOLKSWAGEN TYPE 3 > (2 door sedan/wagon, no a/c, no power steering, 4 speed manual trans) > > Purchase price 1997 3200 > Allowance for immediate expenditure 2000 > Total initial outlay 5200 > Value 2002 4000 > > VW depreciation P/A 240 > VW servicing and resto P/A 2000 > Capital cost P/A (assume 8%x5200) 416 > > Total cost per annum 2656 > (not including fuel, insurance and registration) > > I have allowed $2000 to be spent on the vw immediately at purchase to fix > any problems and $2000 for each year of ownership (including the first) > > I have been conservative in the resale of the vw also, because it would > take longer to sell than the hyundai if you want top dollar. > > you could spend more on servicing and restoring the vw up to ($2664 P/A) and > still be less than or equal to the total cost for the hyundai. I think it > would be a pretty good car after spending this much over 5 years. > > Basically, all this proves is that you should not be selling your old vw > because it costs too much to run-it is in fact cheaper overall than most > modern cars if you know how to look after it. > Plus you have the "WOW" factor of driving a 30-35 year old car. -- Russ Wolfe '66 FB MT (It drove) '71 FB AT '65 Bug (not running) russw@classicvw.org http://www.classicvw.org ------------------------------------------------------------------- Too much? Digest! mailto:type3-d-request@vwtype3.org Subj=subscribe