E320 Sold- Total Cost of Ownership
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Joined: Nov 2002
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e320 Wgn. 98, 08 R320 CDI, 2017 Chrysler Pacifica
E320 Sold- Total Cost of Ownership
Just retired my 1998 E320 wagon after owning it for 9 years and added up all the repair & maint. bills (incl. tires). The cost was $11,916 over 94,000 miles which comes out to $.127/mile or $1,324/year. It was serviced at the dealer for first few years, and at Indy shops after that. Looking at some of the invoices I forgot how many little things went wrong with this car. Cheers!
Thread Starter
Junior Member
Joined: Nov 2002
Posts: 43
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e320 Wgn. 98, 08 R320 CDI, 2017 Chrysler Pacifica
Gotcha
I stand corrected! Mainly I was interested in figuring the cost of maint./repairs so I'd have something to compare with my new R down the line.
As soon as the car is sold, I can throw in the rest of the numbers and calculate the TCO according to the technical definition of the term.
As soon as the car is sold, I can throw in the rest of the numbers and calculate the TCO according to the technical definition of the term.
Thread Starter
Junior Member
Joined: Nov 2002
Posts: 43
Likes: 0
e320 Wgn. 98, 08 R320 CDI, 2017 Chrysler Pacifica
Numbers Are In
After totaling all my receipts, it cost $388/month to own (excl. insurance) my 1998 E320 wagon over a period of 9 years:
purchase $30,600
tax +$2,568
sold -$ 4,500
interest +$1,364
repairs/maint+$11,916
total $41,948
divide by 9 years $4,660/yr
divide by 12 months$388.41/month
The interest cost is low because of a large downpayment and then paying off the loan early. I purchased the MB extended warranty on my new R class based on my experience with the E class. Happy motoring!
purchase $30,600
tax +$2,568
sold -$ 4,500
interest +$1,364
repairs/maint+$11,916
total $41,948
divide by 9 years $4,660/yr
divide by 12 months$388.41/month
The interest cost is low because of a large downpayment and then paying off the loan early. I purchased the MB extended warranty on my new R class based on my experience with the E class. Happy motoring!
