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Your Bangernomics successes

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  • Weird_Nev
    Weird_Nev Posts: 1,383 Forumite
    Quick and sad update on my ex banger:
    BMW 328i Touring, bought at 162k miles for £700, sold 18 months later at 178k miles for £700. New owner suffered water pump failure on the motorway at 185k miles, then broke bits when trying to fix it.
    It's now in limbo being used as a gate for a scrap yard. :(
    Easily fixable and still starting and running, but destined for the autobahn in the sky.
  • worried_jim
    worried_jim Posts: 11,631 Forumite
    10,000 Posts Combo Breaker
    At least it didn't break on your watch and you got some excellent value out of it.
  • Weird_Nev
    Weird_Nev Posts: 1,383 Forumite
    At least it didn't break on your watch and you got some excellent value out of it.
    Yup. I had a aux belt and spare pump and thermostat in the boot whilst I had it, and sold them on when I sold it! Had I kept the car I would have fitted that pump at the service just gone. It was a great car. Made me wonder why anyone spends more than £1000 on a car!
  • andygb
    andygb Posts: 14,654 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I think the following may qualify for "Bangernomics".
    I bought a 97 Alfa GTV 8 years ago for £2000, and it is a lovely car, but needs a bit of TLC plus a steering rack/box. It has not been used for 3 years, but I have noticed that these cars (with all the relevant bits which I need and more - full leather interiors) sell for as little as £400.
    I have a double garage, and was thinking of doing all the major work myself - bodywork, engine clean (great engine 103K miles, cambelt waterpump change), then buy a running donor car (check the steering), swap the good bits over, and resurrect a beauty.
    It will also give me the opportunity to prepare and spray a car again:D
    What is it about us guys, why do we need these projects to keep us happy? Is this the nearest we get nowadays to being a hunter gatherer?:)
  • Limey
    Limey Posts: 444 Forumite
    edited 15 June 2012 at 2:35PM
    I've recently picked up an imported Celica (1995) for £550, milage is 99k but as it was imported in 2003 most of that will be in km so I'd reckon it's sub 80k.

    All that seems to need doing is change the brake pads and free up a dragging caliper, which is on the list for tomorrow if the weather holds out. :D

    Andy I agree, having little on going projects like this is what keeps me sane. Although I really must finish my MR2. :rotfl:

    I also found 106 yen under the ashtray. Bonus! :cool: (yeah I know it's less than £1)
  • worried_jim
    worried_jim Posts: 11,631 Forumite
    10,000 Posts Combo Breaker
    I had a '88 Celica with a Yamaha block- what a car- one of the best I have ever had and went like a stabbed rat. I am sure that you will be very happy with it.
  • Limey
    Limey Posts: 444 Forumite
    I had a '88 Celica with a Yamaha block- what a car- one of the best I have ever had and went like a stabbed rat. I am sure that you will be very happy with it.

    This is Celica number 3 for me, I've had a Gen 4 (1989), Gen 5 (1993) and now a Gen 6. :D Practical, a giggle to drive and cheap. :cool:

    All had the 2 litre 3S-GE (Yamaha unit).
  • How about this one - not true bangernomics because he paid £14k, but a Mondeo with a million miles on the clock and still going strong.... http://www.bbc.co.uk/news/uk-england-merseyside-18443992
    Long-haul Supporters DFW 120
    Debt @ LBM (October 2007): £55187
    Debt Now (April 2014): £0
    Debt-free-date: [STRIKE]July[/STRIKE] April 2014 :j:j:j
  • scaredofdebt
    scaredofdebt Posts: 1,663 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Just for the record, my Mondeo has cost me 18.75p per mile since I bought it, that includes everything, fuel, tax, insurance, depreciation, parts, MOTs etc. I've put on around 90k miles in 3 years so that does explain partly why the figures are so low.

    Daily cost isn't so good at £15.15p but I do a lot of miles!

    Anyone else got any figures?
    Make £2018 in 2018 Challenge - Total to date £2,108
  • mikey72
    mikey72 Posts: 14,680 Forumite
    My Zafira probably costs over 20p a mile in petrol alone. And I've had that 8 years.
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