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Originally Posted by jdub2348
Im trying to figure annual expenses for a 97 boxster for a powerpoint to find out how much of my dough i need to plan on spending. heres what im thinking, but this is rough estimates:
Maintenance: $1900
Insurance: $1500 (16yrs with clean record, multi-car & good grades)
Fuel: $700 ($3.50/gal, 4000 miles, 20 mpg)
Taxes / Fees: $1400 (sales tax, registration, etc.)
so approx total annual expenses come to about $5500...
do you think this is accurate? is there any expenses im leaving out?
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I've never spent anywhere near that much on maintenance. Of course I've not had a high mileage service.
Just had 4 yr/40k service for $1100 and change which included rear tires at about $550 (TireRack had about same cost). The 2yr/30k was about $486.
And I did my own oil/filter change at 1 & 3 year marks for about $75.
I know older cars need more maintenance and it is more likely they'll have a failure that requires corrective vs scheduled maint. So if you are budgeting for worse case - good idea. If the PPT presentation is for your spousal unit, I'd lower it.
As Jeph said, you might have a line item for upgrades/mods if you consider your Box a hobby. Most of us have been bitten by that bug to varying degrees.