PsiFox said:What about the "if you can afford to buy 2, then you can afford the expense of running 1"
I've often heard that quoted and unless you're in supercar territory I don't buy it personally, unless you're talking over the entire lifetime of the car. I spent £18,000 on my 330Ci (is that the same engine/electronics as a 530?) three years ago. How much has it cost me since?
About £5,000 in petrol for the 30,000 miles I've done
£1,500 on insurance
£720 in tax
£800 in tyres
£450 in servicing and MOT
£400 in repair bills for stuff that went wrong (ECU chip and some bushes)
I'm sure I've missed a few minor bits out but that's not even half of the cost of the car and you're going to incurr at least 50% of my numbers on *any* car over the same period of time doing the same mileage. I'm sure Fox, like most people, already has these ongoing costs budgeted for before taking into account how much he can afford to spend on a motor.