Cost to own
 

Hello Club,

I am doing more research on the RX-8. What is the cost to own an rx-8? what are you paying in repairs per year? I am not worried about cost, just what I need to budget.

Thanks!!

HLN

Tough to say... Are you not buying a new one with a warranty?

I am trying to get a new 06gt. But I am doing 80 miles a day, doing 20k a year, so id just run through the warenty quickly.

Well...obviously all unexpeted maintence is all pretty much covered under warranty.

Depending on if you change your oil at 3, 5, or 6K, it's all dependant. Point being, it's not gonna be any more than any other car, if that's your question.

Cost to own will be a touch higher than other cars in its class since it gets worse mileage and needs a little oil added from time to time. The difference in gas and oil will be about an extra $500 a year compared to a car that got 3 more mpg.

Other than that it's just going to be the luck of the draw. The RX-8 isn't really much more expensive to work on than other cars save for the fact that most people will be stuck paying dealer prices for anything engine related that might need to be done. Also, wear items aren't any more expensive that other comparable cars and in some cases are cheaper (you should see what brakepads for Brembos can cost).

The RX-8 certainly isn't going to be the most reliable car you can own. But as long as you're not unlucky you shouldn't have any major expenses for at least the first few years of ownership.

So, if you like the RX-8 the best of the cars you're considering and can handle an extra $500 a year for oil and gas then go for it.

Thats what I thought, I'm trying to do as much research as I can, this being my first car. I really dont want to mess up. I will try and do my own oil, I know how, and have done it. I will need to get a nice jack though....

Jacks are cheap.

but be prepare that you really have to put more attention to this car(if u're getting it)

not alot more, just a little bit.

Doing engine oils are easy, Tranny and Rear diff might be a pain, but still fun. Get a FutomotoValve for the engine and it will be alot easier.

ahh saying too much, talk till you get the 8.

The December 06 issue of Kiplinger's gives maintenance costs (as well as stuff like insurance cost and 3/5 year trade-in values) for all of the current cars. RX-8 does not stand out in either direction.

Take the car-specific numbers with a huge grain of salt - they give 5 year trade-in values for cars that have only been on the market for a couple of years. And there is a current thread that proves there is no typical insurance cost. But the numbers in that magazine will give you a feel for the cost of owning a car.

Ken

Hay Ike were did you get this info? Up your.....nah just kidding.
I still got to remember to look there, hay maybe Nalin's photo's are hiding.

You forget many of the members are young and not old like us SO.......

Insurance plays a big part. You'll make up the MPG and save money if you take that into account if your younger. Plus they're probably not married.

Geez dude, I really hope those are highway miles going the limit. As for repairs...haven't spent any. Usual maintenance, needed new front pads and tires at 25k. Be sure to get some car detailing products!

Coming from someone who does not even have a RX8.

The '06 will at least give you a 50k miles BtB warranty. They're going 3/36 for 2007, plus a 5/60 powertrain.

In the future my site will have repair costs. Still looking for a few more RX-8s before I start collecting data on it.

Other than the 1 mile to the freeway on either side, yes all freway miles, going the limit +/- 10 depending on traffic.

50k miles for 06, woot woot! That is always good news!

You can always get the extended warrenty like I did. 6/100K, only cost me 1.8K.

You know, Ike can be the most annoying toad on this site when he wants to be (and he wants to be with great frequency), but he also sometimes actually comes out with helpful, useful, and pretty intelligent information, and this was one of those times. Nothing in what he said is unreasonable or off the mark, and there was just no good reason to jump down his throat for it.

Ike are you from Wisconsin or GB? At 3mpg a year, $500 is a stretch at $3/gallon.

ah.......... Check the thread on who has the most miles. A few have 80k and 1 over 100k

I'm from WI. At $2.50 a gallon and 20k miles a year it adds up to around a $500 difference with oil and some wiggle room for rising gas prices. I fail to see how it's a stretch...

When I first read the post, I ran some quick numbers and I don't think the $500 figure is unreasonable.

20000 miles at 20 mpg is 1000 gal of gas per year. 20000 miles at 23 mpg is 870 gal of gas per year. Average gas price of $3/gal, the total delta is $390. $500 is a stretch. When we get an year average of $4 gal, then the delta will hit $500. This guy plans to drive 20 k miles a year. At the end of 4 years, vehicle depreciation is going to hit his pocket alot harder than gas costs.

And if you run the same numbers with 17mpg (more realistic than your 20) vs. 20 you end up with $440 a year @ 2.50 and $528 if gas prices rise to the $3 mark again. Combined with the extra cost of oil and look at that, it's ABOUT $500 a year... Just because you drive like a grandma and got 25mpg in your WRX and 21mpg in your RX-8 doesn't make my numbers a stretch. Even if you're right and gas costs ad up to $400 a year difference I'd suggest you work on that anal retention problem of yours.

Hi Ike. I will work on my anal retention problem if you work on your trolling problem. My numbers are easily obtainable because I did own both vehicles. I regularly did spin vehicles up.

Repairs per year: $0
Cost per month: $1000

Make sure to check with your insurance agent regarding your insurance costs first. There seems to be quite a bit of variability there between owners. I only pay about 700 a year but i'm an old fart and married.

And I owned one of the two and have been around here enough to know that your numbers for both cars are not realistic for the average owner.