Having 2 daily drives - is keeping the costs down possible!?

Interesting thread OP.

I had a similar issue - back in 2014 I sold my 123d and bought my first Z4C, which was obviously no good as transport for a nonagenarian parent! So I bought a 1996 Mazda 323f - only 1500cc so in the cheap tax bracket for pre-2000ish cars, and it did almost 40 mpg. I had it 6 months, but was bored with it within 3 months so it got sold when I found a good 325ti Sport Compact!

I got that insured with a firm that offered a deal to match No Claims Discount, so paid about £300 a year for each car.

The only other major additional cost is road tax on 2 cars in Band K - MOT is only expensive if there is anything that prompts a fail, but as has been said wear and tear, fuel, tyres and so on only happen about half as often as you only use one at a time.

Anyway last week I bought an E91 325i Touring (E92 is the Coupe) and sold the 325ti so I've pretty much got what you are thinking about!

The 325i is a daily and will do about 7K a year, my Z4C is my fun car and might do 5K a year. I use the Z4 all year, but not when the weather is like this - I don't want it sliding around and getting covered in salt so I put winter tyres on the daily and use that instead.

So I reckon the only additional costs are road tax and insurance, but £600 a year is a price I'll happily pay to be able to enjoy a Z4. :thumbsup:
 
I have tried these combinations:
1. One nice car for everything
2. One snotter for the winter/wet weather and one nice car for summer/fun
3. One fun (but cheap) daily driver and one nice car for summer/fun.

Of these the only one I wouldn't do again is option 2. I'm not wealthy but option 2 just crushed my spirit just to save a few pounds each days on fuel and have to drive something with no soul. As I work on my own cars I like the security of having two cars (option 3), just in case one is off the road needing a part/MOT, plus I can keep the nice car clean if I intend to go somewhere that weekend. I try to keep the purchase cost of the fun daily car less than £2000 and run it on winter tyres all year, at present the 325ti fulfils this job perfectly.
 
I did option 1 for a long time...i.e. from about 1994 I was in the one car for everything camp (hence the switch to the e34 M5). £1000/month bills didn’t scare me at the time, but when something big comes along you realise you’ve not got a big slush fund available. The Z4MC by comparison was a lot cheaper to run...if a little restricted by its size for other duties.

I bumbled along for 6 years, doing the boring 220 mile each way motorway commutes, and took advantage of traffic jams to divert off the motorway and through Wales on the way home.

Then you realise that some of the things you’d like to do to the car won’t be viable unless you restrict the mileage/usage.



Btw, What makes option 2 and option 3 different in your opinion.

My take on a snotter/shitbox is basically what you’ve used as option 3, and no one who’s been out with me in my puny 115bhp Alfa diesel has had anything but fun :thumbsup:

Of course, if repairs are going to cost too much, then it gets dumped - otherwise I’m happy to spend less for a whole year’s worth of maintenance/consumables (excluding fuel of course) on the Alfa than I do on a Recaro seat for the Z4MC.

But as has been pointed out, it only makes sense for bigger mileage’s...e.g. mine is 25k of just commuting, plus another 5-6k for fun.
 
mmm-five said:
Btw, What makes option 2 and option 3 different in your opinion.
That just comes down to your idea of fun. :)
For me, a 1.4 LX Peugeot 206 was horrible to drive and not worth the fuel and tax saving. The 2.5 litre straight six BMW is more costly in every regard but is enjoyable, it's depreciation free too. :thumbsup:
 
Thanks everyone for your feedback. I'm not in a massive rush so great to process all this and hear the different feedback.

Just to add additional levels of clarity:

I'm looking for an E92 touring. Ideally with an N52 engine.

This might sound like a crazy logic (so stop me now if you think so) but BMW parts aren't that much more expensive than other brands really, so if you find a good garage (mines ~£50 an hour), then it's just as much of a gamble going for a BMW in comparison to anything else. I do agree though that Asian cars tend to be more bullet proof. That being said, I don't think they have the soul of a solid Euro car.

Based on this, I have a few things to expand uppon:

1) Depreciation. If I get a £6k N52 E92 and have it for 3 years, I can't imagine it would depreciate much more than £2k. If so, then that's roughly the same price as buying some crap car and chucking it away. If I look after it, then I would like to think it would last just as long as a good Zed. I have heard the N52 is pretty dam reliable, so that's why I'm thinking the N52 varieties. Also if I'm traveling abroad with it, then ideally I want something that isn't right on it's last legs.

2) I try to go driving with mates that also have 2 seaters. We normally use phones / walkie talkies to chat and so on when driving around. That being said not all friends have nice cars. Therefore I will ideally like to have a nice car to go abroad with so everyone can be in the same car. I went driving around europe in my wifes are (Mitsubishi Colt) and it very much felt like commute rather than an experience. So this makes me think spending a little more on the initial sum wount. Also once we have kids, we will need a place to put them for family journeys etc.

3) My local garage is an independent BMW garage. They only charge ~£50 an hour. I trust them, so this makes me want to go with BMW regardless due to the trust factor. This does however limit my range of cars a little. Not interested in a Mini FYI.

I suppose I could sell the Zed and buy another Z4M later down the line. But the thought kills me. I don't think I could do it. Only reason for this would be budgetary as I'm also renovating my house at the moment!
 
Theog said:
un1eash said:
There is no E92 Touring, its an E91 Touring.
E90 Saloon
E91 Touring
E92 Coupe
E93 Convertible

Ah sorry getting things mixed up! E91 Touring it is then!

Just weren't sure which you meant, I had an E92 and still think its one of the best looking cars on the road.
 
un1eash said:
Theog said:
un1eash said:
There is no E92 Touring, its an E91 Touring.
E90 Saloon
E91 Touring
E92 Coupe
E93 Convertible

Ah sorry getting things mixed up! E91 Touring it is then!

Just weren't sure which you meant, I had an E92 and still think its one of the best looking cars on the road.

I agree, somehow the styling is still looking really quite modern.
 
Fishy Dave said:
That just comes down to your idea of fun.
For me, a 1.4 LX Peugeot 206 was horrible to drive and not worth the fuel and tax saving. The 2.5 litre straight six BMW is more costly in every regard but is enjoyable, it's depreciation free too.

That was exactly my experience! Which is why my Mazda 323f lasted only 6 months, to be replaced by my 325ti Sport! Not quite depreciation free, but £500 for 3 years and 23K miles was money well spent! :lol:

I'll see how the E91 325i Touring works out!
 
Theog said:
1) Depreciation. If I get a £6k N52 E92 and have it for 3 years, I can't imagine it would depreciate much more than £2k. If so, then that's roughly the same price as buying some crap car and chucking it away. If I look after it, then I would like to think it would last just as long as a good Zed. I have heard the N52 is pretty dam reliable, so that's why I'm thinking the N52 varieties. Also if I'm traveling abroad with it, then ideally I want something that isn't right on it's last legs.

Just to pick up on that, I just bought an E91 325i Touring for the same reason! But I went for a 2.5 version as I wanted my Z4C to still feel more special! And the N52 engined ones still seem to have hydraulic PAS!
But if you're set on a 3 litre, although a bit over your budget, how about this one from a forum member? :)
https://z4-forum.com/forum/viewtopic.php?f=42&t=103902
 
i must be getting old, I much prefer driving my audi a4 avant every day - the z4 literally gets used on sunny days ... which is... never!

both cars insured for under £1000 , tax for under £500, both cars stand me at under 5k so im happy to have 2 cars :)
 
jamie_z4 said:
i must be getting old, I much prefer driving my audi a4 avant every day - the z4 literally gets used on sunny days ... which is... never!

I thought you had given up on the Aldi, 'cos it likes a drink!
 
Mr Tidy said:
jamie_z4 said:
i must be getting old, I much prefer driving my audi a4 avant every day - the z4 literally gets used on sunny days ... which is... never!

I thought you had given up on the Aldi, 'cos it likes a drink!

ohh yes that's long gone ! Ive got a grey 07' A4 s line tdi avant now - does 650 miles to a tank :)
 
jamie_z4 said:
ohh yes that's long gone ! Ive got a grey 07' A4 s line tdi avant now - does 650 miles to a tank

Oh right - but why not an E46 320d? My 320td could do 650 miles on a tank - and at least it was RWD! :)
 
Mr Tidy said:
jamie_z4 said:
ohh yes that's long gone ! Ive got a grey 07' A4 s line tdi avant now - does 650 miles to a tank

Oh right - but why not an E46 320d? My 320td could do 650 miles on a tank - and at least it was RWD! :)

im sick of e46's now - Ive had nearly 30 of them and getting sick of the constant rust and wishbone bush eating :lol: plus I much prefer the driving position in the audi :)
 
Mr Tidy said:
Theog said:
1) Depreciation. If I get a £6k N52 E92 and have it for 3 years, I can't imagine it would depreciate much more than £2k. If so, then that's roughly the same price as buying some crap car and chucking it away. If I look after it, then I would like to think it would last just as long as a good Zed. I have heard the N52 is pretty dam reliable, so that's why I'm thinking the N52 varieties. Also if I'm traveling abroad with it, then ideally I want something that isn't right on it's last legs.

Just to pick up on that, I just bought an E91 325i Touring for the same reason! But I went for a 2.5 version as I wanted my Z4C to still feel more special! And the N52 engined ones still seem to have hydraulic PAS!
But if you're set on a 3 litre, although a bit over your budget, how about this one from a forum member? :)
https://z4-forum.com/forum/viewtopic.php?f=42&t=103902

Yes this looks really good. It's just a touch too early for me to buy one. I don't want to rush into things. I prefer contemplating all the options as often it only takes a 30 min talk with someone to change your mind completely. So I just want ot get to a state where I'm 100% happy with my decision, then go for it. That is a prime example though. Would match the colours of my Zed too which would be nice. That being said, I'm liking the idea of a black one. Then I can get a black storage case on the top (not sure of exact name of the thing, but you get me).

Maybe I'm thinking of buying around June time or so.
 
How you getting on with your options OP., would be useful to see a short list of best cars to pick from as a few of you seem to be doing a fair commute.

Turns out I may need a mile muncher myself in two months time.

I am interested in a BMW Touring while planning on keeping the 28i at least that's my goal but struggling to come up with a shortlist to pick from.

I'm expecting to do 20 to 25k a year so want something half decent with massive fuel range, not sure what else to consider. Budget wise I'm thinking between 10/12k tops though. If I drop the Z it's a different figure but I want to keep it if I can... driving:
 
BMW Z4 2.0....... plus Landcover Discovery 3.0 diesel.

INSURANCE COMBINED £980
TAX COMBINED £800
MOT & SERVICES £700

Probably spend £3,000 a year but i don't drink and don't smoke, and golf is my only hobby.

sal
 
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