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The true running costs of an S3

comdw Mar 14, 2008

  1. comdw

    comdw Member VCDS Map User

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    I'm been considering whether to keep my S3 of late and being the geek that I am, I thought I'd work out what its cost me to own so far. This is relatively easy for me as all my spending goes into my MS Money file.

    I thought others may be interested in this, but obviously the figures will vary wildly depending on when you bought your car, how long you've had it, where you get it serviced and how many miles per year that you do.

    I bought my year 2000 S3 on 13th August 2003 for the staggering sum of £15,500 with 53k miles on the clock. Today it has 87k miles on it and I figure it to be worth around £7,500.

    That makes depreciation £8,000 or £145.45 per month or 24p per mile. Average yearly depreciation is therefore 14.6%

    I've added up all my maintenance, parts, tax and insurance costs since I've owned the car giving to a total of £6,002. Note I don't get my car serviced at Audi and not that much has gone wrong with the car since I had it (air-con last year being the one exception - £600!).

    So running costs I make as £109.13 per month or 18p per mile.

    Finally, petrol costs. I've spent £5,266 on petrol for this car.

    Fuel costs - £95.75 per month or 15p per mile.

    So in total: £19,268 over 55 months. £350.33 per month or 57p per mile!

    Quite depressing. I can only hope I might lower this further by keeping the car a couple more years (the depreciation should slow down), though I know I have tyres and some major servicing items coming up later this year - eek!

    Still, guess I wouldn't have bought an S3 in the first place if I wanted something cheap to run.

    Hopefully the costs are worth it for the quality and performance of the S3. What do you think?
     
  2. DaveMK^

    DaveMK^ Member

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    I think you have too much time on your hands to be working stuff like that out!
     
  3. S3 Rav

    S3 Rav Well-Known Member

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    took the words right out of my mouth!!:applaus:
     
  4. S3 Rav

    S3 Rav Well-Known Member

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    interesting though!
     
  5. comdw

    comdw Member VCDS Map User

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    Yeh i guessed most people would think that, but it really doesn't take more than about 20 minutes if you already have all the figures to hand.
     
  6. Jacko4130

    Jacko4130 Goodie Gum Drops

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    I was shocked after owning mine for a few weeks on how much fuel it eats when you have a heavy right foot, but on the other hand its a nice motor and if i was that bothered about fuel costs i would buy a oil burner!!
     
  7. comdw

    comdw Member VCDS Map User

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    And yet as you can see the fuel costs are the smaller part of the overall. If I did more miles the depreciation and running costs per mile would decrease, and fuel costs would be more significant.
     
  8. [Dave B]

    [Dave B] Daddy

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    Think yourself lucky its not a 2003 car, otherwise there'd be an extra butt raping from the tax man!!
     
  9. Nilz

    Nilz Defo worth the wait :) Team Ibis TFSI Owners Group quattro Audi A4 S-line owners group saloon Manual

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    Wow thats clever!!! (That wasnt sarcasm by the way)

    But on a serious note, at the end of the day, everyone knows that buying a high performance car is going to cost you, whichever way you look at it, its just like in the old days people used to say if you buying a porsche/ferrari etc, you aint worried about fuel/insurance running costs etc....
     
  10. mattm

    mattm V6

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    Your fuel costs are quite low. Do you not do many miles?
     
  11. comdw

    comdw Member VCDS Map User

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    Not a huge amount (you can work it out from the details - average 7,500 per year). Another reason not to buy this type of car maybe...

    The following info from the AA puts it into perspective a bit

    http://www.theaa.com/motoring_advice/running_costs/index.html

    At 7,500 miles a year you're looking at least 36p a mile for the cheapest car (assuming bought new or nearly new).
     
  12. golf

    golf ***** rent boy VCDS Map User

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    If I bothered to calculate how much I spent on running my R32, I would top myself.
     
  13. doug mk2

    doug mk2 Member

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    ******* LOL - I was going to post the exact same reply as you!!
     
  14. Bong Water

    Bong Water In two minds

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    My 180BHP A4 costs around £100 in fuel and my commute is only 14 mile round trip, hmmmm
     
  15. god_thats_quick

    god_thats_quick Numptie of the highest order

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    I'm scared to play this game... in the last 4 and a bit years 90,000 miles @ 26mpg, £14,000 on the car, £7,000 on a new engine, I think that would be pretty scary on it's own and that's without any normal maintanance which I reckon is over £2,000 a year and then there's tax and insurance as well which is probably over £4,000 for the last 4 years.

    Oh yes and I'm about to spend a load more on it. lol
     
  16. mattyboy199

    mattyboy199 Well-Known Member

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    i dont think the S3 is cheap to run at all i recon that for just running (as in keeping on the road) tax, insurance, service, mot, wear & tear your looking at around £2000 a year thats without the cost of the car or fuel.

    fuel by taking a guess £1500 per year
     
  17. mattfinn

    mattfinn Smoking is good for you

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    I spend most of my money on cars, booze, women and waste the rest!
     
  18. S3Steve

    S3Steve Active Member VCDS Map User

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    :applaus::beerchug::icon_thumright:
     
  19. Dave_Bayern

    Dave_Bayern Slipping at 3.5Krpm

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    I do things like that, work out the costings and keep an MS Money file :)

    My A3 has cost me on average 70GBP a maintainance costs month last year, not including tax, insurance, fuel and depreciation.

    Madness isnt it.
     
  20. Clach

    Clach A3 - 1.8Ts

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    An excellent post, well done. But, the smile it puts on your face is priceless..lol
     
  21. TheSpaceCowboy

    TheSpaceCowboy Member

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    I think the price of keeping any car nowadays is gonna be about the same, flooding of the car market in recent years has caused alot of depreciation but I think you'll find most cars are the same, my uncle bought a brand new Vauxhall Astra and lost about £4k on it already and he's only had it about 8 months or so.
     
  22. jojo

    jojo Looking for Boost! Staff Member Moderator Team Daytona quattro Audi S3 Audi A6 Audi Avant Owner Group

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    The only thing I worry about my S3 with regards to running costs these days is mpg, I never thought about things like depreciation and servicing when I brought mine, as all I wanted was 200BHP+ at the time of purchasing, which was something like £21.5 IIRC
    I mean whatever car you own - roadtax, insurance and servicing is a definite in terms of running a car, which I think the S3 is pretty reasonable in my opinion.
     
  23. mattosmond

    mattosmond Member

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    any car with the same performance is going to cost - and to think audis are reliable! imagine if you were runnig an impreza????
     
  24. Dave B

    Dave B REALITY?.... WHERE AM I AGAIN?.... WHO AM I AGAIN?

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    Dont forget you will now be raped if you own a later S3 adding 200 to your tax costs:sign_unfair: it would be cheaper to take class A drugs soon than enjoy a car!
     
  25. james0808

    james0808 Active Member

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    Didnt George Best say that?
     
  26. S£

    S£ Member

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    My friend is currently selling his vectra 2.2 sri wants something a bit more fun to drive to work in ( 80 mile round trip 5 days a week! ) so what does he buy??..... a TDI and chip it....No a Galant VR4! hope he gets shares in Shell, 2.5 twin turbo... must be good for about 20 to the gallon! wonder what his running cost's will be?!!...
     
  27. S3-ROB

    S3-ROB RD350YPVS - Loves 2 stroke oil

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    When i had my S3 it cost me £1900 a year before i'd even done a mile.

    £500 insurance, £200 road tax, loan at £103 a month so say £1200 a year, so £1900 before the car even moves, then approx £120 a month fuel, £300-400 maintenance, £500 depreciation.

    Thats why the car is now sold :3sadwalk:
     
  28. steve1975l

    steve1975l Member

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    I would say more than £500/yr in depreciation.
     
  29. Sussex Lad

    Sussex Lad Member

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    Life the Universe and everything the answer has to be 42!
     

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