Legit or Money Pit? How much $ does your LS owe you?

exceptionaLS

exceptionaLS

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Need at least 5 responses here. This is the point, list how much you payed for the car plus the amount you have spent on upgrades and repairs, then list what you have or expect to sell it for. Lets try to crunch some simple math and see how expensive these bad boys really are and then compare the owners cost to that of a low end car like a cavalier and then to a high end car like a 528 BMW or a Audi S4.

I'll go first.

2000 LS V6 edition purchased 19 months ago $5,000 (63,000 miles)
Modifications: component system $1,500
18'' chrome rims $1,000
Quad Mufflers $330
Interior Lights $60
Window Tint $150
Repairs: Ignition Coils, VCG's and Fuel Injector $1500
Routine Brake Maint (pads Rotors) $200
Oil Changes and filters ($35x10) $350
Cabin Filter (I got ripped :( off) $80
Broken Drivers Side Door $50
Broken Third Brake Housing and Brake Lights $40
_______
Total Invested So far $10,260

I recognize that the $5,000 I paid was a good deal and hope to get $6,000 when I sell it (haven't decided if I'll take the system and rims with me or not yet) but I'd say that the maintenance hasn't been terrible, but when something does go wrong its on the pricey side. Basically I want to see how much money you guys have lost to the LS that isnt coming back and see if owning something like a cavalier would be a high percentage cheaper (given the gas situation. Okay, somebody respond ... don't leave a brother hangin'
 
2003 LS V8 Sport $27000 (14k miles)
no repair cost,warranty
window tint $ 200
tinted taillights 100 (i think, it was done by jon's tinted tails and i can't remember)
Flowmaster exhaust 100
besides that just oil changes every 5k km
oh yeah LSE grill $150
 
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2001 Lincoln LS V6. Purchased for 4,000 dollars with 36,000 miles.

Modifications:
New LSE Grille - 20 dollars
Tint - 180 dollars

Repairs:
Overheating - 1000
Replacing some electrical/headlight - 700
New transmission - 3600 (Around there)
Various gaskets - 800

I owned it for...5-6 months before selling it for a Honda Element SC.
 
Any economy car will cost less to own than a luxury car. It seems people here forget the LS is a luxury car and not a gussied-up Mustang.
 
You need to consider deprecation, insurance, cost of fuel/milage, and resale value also.
 
i'm lucky if i get 5k when/if i sell it. but i doubt i would, the car means a lot to me
 
Car use

There're only two ways to run a car. Either start new and trade every two years, or keep it virtually forever. I bought my '02 Sport new and will keep it for the forseeable future. I'm having too much fun racing it.

I've had my '63 F-100 ICB since 1989.

KenS from Ben's Place
 
cammerfe said:
There're only two ways to run a car. Either start new and trade every two years, or keep it virtually forever. I bought my '02 Sport new and will keep it for the forseeable future. I'm having too much fun racing it.

I've had my '63 F-100 ICB since 1989.

KenS from Ben's Place
Click to expand...
I agree. I owned my 80 Euro BMW 635 CSi for more than 26 years until I sold it to my son. I have owned my 04 LSE since new and plan on keeping it a long time.:)
 
2000 LS V8 60k miles - $7,000.
nothing yet except for some coolant and an oil changes after 15k miles. although i do need to do my coils.
 
2002 Lincoln LSE V8 - purchased for $20,500 @ 45k mi in 08/2005
Financed $15,000 @ 7.9% APR: approx. $2250 in interest expense

New Tires: 245/50/17 Goodyear Eagle ResponsEdge - $850
New coils, VCGs, & plugs - $1450
AVIC-D3 Navigation unit w/ XM & NavTraffic - $1000 + $140/yr for XM
Infinity Kappa 6x9 replacement speakers for rear deck: $160
Oil changes @ dealer 4x per year: $300 total
Misc items (air filters, detailing equipment, etc): $300

Total: $26,950 :( ouch...
 
Well, I paid $30,500 eight years and 156K miles ago. No matter what I put in I am well ahead.
 
cammerfe said:
There're only two ways to run a car. Either start new and trade every two years, or keep it virtually forever. I bought my '02 Sport new and will keep it for the forseeable future. I'm having too much fun racing it.

I've had my '63 F-100 ICB since 1989.

KenS from Ben's Place
Click to expand...

2 ways to buy a car: If you want brand new, lease it. If you dont like leaseing, want to modify or just want to keep it. Then buy it pre-owned between 6 months to 2 years old. Buy it at the depriciated value then trade it in 2 years.
 
2000 LS V8 @ 50k miles - bought at $10,500 in Feb 2006, wheels ($1,300) & tint included

financed $12,000 @ 10.5% APR, so interest: $1260
first round of repairs: clockspring, inside door handle, thermostat, cabin air filter, full transmission service, oil change: $900
coolant reservoir: $300
fuel filter: $65
new tires: $500
new rotors & pads: $430
clear side markers: $62
oil changes: $200 give or take

total: $15,717
now at 69k miles and need to replace coils/plugs/VCG's and potentially a catalytic converter and/or O2 sensors but not sure yet. before the year is out i expect that total to be up several hundred more.
 
insurance: $115/mo
cost of premium gas in LA as of 6/3/08: $4.50/gallon
depreciation: i don't even want to think about it... seems like 40% for the same model today
 
2000 model-$7900

Magnaflow Catback: $550
K&N Air Filter: $75
Tint: $220(had to have original peeled)
Stereo: $1200
Wheels/Tires: $1500
Valve Cover Gaskets/Ignition Coil: $440
Coolant Reservoir Bottle: $153(part)
Window Regulator: $50
Oil Changes: $240

Total: $12,328(not counting King Fahd's/George Bush's cut... lol)

Amount of joy, stares, compliments, and women's phone numbers: PRICELESS
 
2002 Lincoln Ls. @ 40k for 15,600 out the door.
1,200 on 20" rims.
1,000 Alpine Deck
3 Kicker CVR $200
Viper Alarm System $500
GoodYear tires $750
Lincoln Logo Floor Mats $55
Brand New Brakes $400
Tune Up Including all coils, cabin filter, tranny oil change, oil change and Hella Otha Sh!t for $650 da Neighbor Hooked it up..
Audiobahn 1500 Watts Amp $300
6 alpine speakers 2 for the back 2 for back doors 2 for front doors for $600
insurance $55/month

And Planning on adding alot more....
 
damn how are you getting $55/month for insurance... i take it you don't have full coverage and/or high deductibles?
 
Purchase price $12000 in 10/05 19K miles (theft recovery). Now 71K
Repairs (I do almost all work myself)
Driver’s seat heater @ $39
Auto wiper fiasco @ $550
One coil @ $56
Airbag gremlins $100
DCCV $130
Front Knuckles $525
Three Alignments $300
Tires $1050
Oil Changes @60each $600
Stupid plastic clips $40
Clockspring $85
Cabin Air Filters $60
$3535 or about 6.8 cents per mile.


Mods
Brakes Napa Ceramix premium F+R $160
Drilled/slotted rotors F+R $150
Tune by Torrie $440
KKM intake $50
Stereo adaptors and new speaker box $200
Wheel upgrade (with tires) $900
McLaren Grille (not pained yet) $100
LED Undercar lights (carry over) $0
$2000

Total $17535 for purchae price plus 52K of operation. Currently has new Yokahome S.Drive
summer tires and brakes are new.

Worth every penny.
 
scjmc said:
Purchase price $12000 in 10/05 19K miles (theft recovery). Now 71K
Repairs (I do almost all work myself)
Driver’s seat heater @ $39
Auto wiper fiasco @ $550
One coil @ $56
Airbag gremlins $100
DCCV $130
Front Knuckles $525
Three Alignments $300
Tires $1050
Oil Changes @60each $600
Stupid plastic clips $40
Clockspring $85
Cabin Air Filters $60
$3535 or about 6.8 cents per mile.


Mods
Brakes Napa Ceramix premium F+R $160
Drilled/slotted rotors F+R $150
Tune by Torrie $440
KKM intake $50
Stereo adaptors and new speaker box $200
Wheel upgrade (with tires) $900
McLaren Grille (not pained yet) $100
LED Undercar lights (carry over) $0
$2000

Total $17535 for purchae price plus 52K of operation. Currently has new Yokahome S.Drive
summer tires and brakes are new.

Worth every penny.
Click to expand...

I like "auto wiper fiasco" lol
 
Yup $55 a month!! full coverage too!! my gf works for allstate ;) so she hooks me up
 
Purchased my 2000 V8 Sport for $16,000 with 49K on the odometer.

Right now I'm hitting about 135K miles and have replaced:

* Driver's side ball joint & knuckle ( $200.00 ) from junkyard with labor
* Front driver's side hub bearing. ( $290.00 ) w/ labor @ dealer
* Front main seal from hitting speedbump ( $430.00 ) mostly all labor at dealer!
* Replace 3 coils( $60 on ebay ) plus ($35) labor at shop. Will replace all soon.
* Front passenger side hub bearing ( $190.00 ) w/ labor from shop.
* Replaced rotors for slotted/drilled from R1 on ebay. ( $ 210.00 ) plus ($50.00 labor from shop )

So far it's been okay. But currently it does have some issues. I hope replacing all the coils will resolve some of them. If I need to replace the tranny, then I'd say the car would probably be a ball buster @ 135K! But the good thing is that it's paid for and I'm only paying 55 bucks in insurance a month for two vehicles. Can't beat that! :)
 
scjmc: why don't you find a place that offers lifetime alignments? I mean, 300 bucks for 3 alignments is quite a bit of cash. Places like firestone charge about 140 bucks for lifetime of your ownership of vehicle.
 
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