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  Reply # 1027884 19-Apr-2014 20:09
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cambelt, is every 100,000km so approx every 4-5 years, the Jazz has a timing chain so there is nothing to change there,

Accessory belts are every 60-80,000km and they are not very hard to do nor do they cost very much.

the big costs in servicing is labour, if you can do it yourself, and have hookups on parts it is a lot lot cheaper than going to a dealer/mechanic

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  Reply # 1027959 19-Apr-2014 22:16
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alasta: This is why I replace my car every five years. If you have an older car then you're saving a bit of money on depreciation, but those savings are offset by the additional operating costs so it's swings and roundabouts.

I'm fortunate in that I do less than 8000km per year, so I can usually get through that five year period with only routine servicing and maybe one new set of tyres.


I think that if you are only doing 8000km a year, replacing the car every 5 years is a pretty expensive option. Depreciation must be costing you more than all the other costs combined?

Personally, I wouldn't be without a car. I tend to drive on weekends and take public transport during the week (I can read on the train, don't have the hassle of parking, don't have to worry about having a beer or three after work etc). It's essentially a motorised shopping cart, apart from the odd trip up to Levin, so I also do low mileage.

I replaced my last car when it was 21 years old, and I had had it for fifteen of those years (It was still reliable, just a bit under-powered). I brought my current one (tidy, nice condition, 3 years old) from a good dealer, and have had it for ten years. In both cases I get them serviced once a year, and that's fine. Total repair bills over 25 years have been something like 3 new batteries, a radiator hose, a wiper blade, and a couple of tyres. Also a bumper repair after some anonymous sod nosed me in a supermarket carpark - but you can't put that down to the age of the car.

My current car is still neat, tidy, drives well and utterly reliable. I will have it for at least another 4-5 years unless something goes wrong.

It's not that I can't afford to upgrade, it's just that for the use I make of it it would be very large needless cost to have a seldom used new car sitting in the garage depreciating furiously - and I would rather spend the money on other things. for instance, I would rather do some upgrading on the house or upgrade my NAS and PC.

Providing it's kept in a garage when not in use, treated well and maintained properly, a modern car shouldn't need frequent replacing to avoid large costs unless it is really having the miles piled on it.

 
 
 
 


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  Reply # 1028181 20-Apr-2014 15:50
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JimmyH:
alasta: This is why I replace my car every five years. If you have an older car then you're saving a bit of money on depreciation, but those savings are offset by the additional operating costs so it's swings and roundabouts.

I'm fortunate in that I do less than 8000km per year, so I can usually get through that five year period with only routine servicing and maybe one new set of tyres.


I think that if you are only doing 8000km a year, replacing the car every 5 years is a pretty expensive option. Depreciation must be costing you more than all the other costs combined?


No, not really. Let's assume that a $40k car is worth $23k at five years old and $8k at ten years old. That's average annual depreciation of $3400 in the first five years and $3000 in the latter five years. Having a warranty, longer intervals between WoFs, free roadside assistance, latest engine technology and in some cases even free servicing will easily offset the $400 difference even if your mileage is minimal.

The other problem with old cars is that they don't have the latest safety technology. Five star NCAP is a minimum requirement for any car that I own.

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  Reply # 1028205 20-Apr-2014 16:07
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alasta: 
The other problem with old cars is that they don't have the latest safety technology. Five star NCAP is a minimum requirement for any car that I own.


That's a key for me.

Most cars 10 years or less have the basic safety features I require: Driver's & Passenger's airbags, ABS, Stability control.

You've also got to look at the service life of various components.

For instance many 1st gen airbags had a 10 year service life and weren't guaranteed to operate correctly after that time.

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