V8 Esprit Runing Costs- needs some figures?
Discussion
O.k I've heard it all before i.e you need deep pockets to run a V8 Esprit but can I have some cash figures from previous owners.
I looking to hear from those who had reliable ones and those who have had nightmare examples. Just need to work out how much i need to keep aside for the unexpected.
Thanks
I looking to hear from those who had reliable ones and those who have had nightmare examples. Just need to work out how much i need to keep aside for the unexpected.
Thanks
Doing the work yourself or taking it to the dealer?
The formula for cash reserve is on exotics is 2K per 15K miles. For Ferrari and Lambo's it is a little more. For the 4 cyl. Esprit it is 1-1.5K per 15K miles unless you do it yourself then it is a fraction of the cost. The cars are labor intensive and that is where most of the cost comes from.
Calvin
The formula for cash reserve is on exotics is 2K per 15K miles. For Ferrari and Lambo's it is a little more. For the 4 cyl. Esprit it is 1-1.5K per 15K miles unless you do it yourself then it is a fraction of the cost. The cars are labor intensive and that is where most of the cost comes from.
Calvin
All work will be done by dealer.
What are the most expensive procedures:
i.e cambelt change £800ish
new clutch £1000 ish (how often do you need to replace the clutch?)
A service??
B service??
C service??
Gearbox replacement/repair?? (is this covered under warranty?)
Turbo maintainence/repair?? (is this covered under warranty?)
Anything else?
What are the most expensive procedures:
i.e cambelt change £800ish
new clutch £1000 ish (how often do you need to replace the clutch?)
A service??
B service??
C service??
Gearbox replacement/repair?? (is this covered under warranty?)
Turbo maintainence/repair?? (is this covered under warranty?)
Anything else?
The standard warranty is 2 years unlimited miles.
The cam belt for the V8 is supposed to good for 100k miles. The clutch would be the most expensive repair you listed. The regular service is not bad, the C would be the most expensive. If off warranty keep a cash reserve of 1000 UK pounds per 15K miles for service and repair unless something catastrophic happens.
The cam belt for the V8 is supposed to good for 100k miles. The clutch would be the most expensive repair you listed. The regular service is not bad, the C would be the most expensive. If off warranty keep a cash reserve of 1000 UK pounds per 15K miles for service and repair unless something catastrophic happens.
Simon
My site, www.adrianmugridge.co.uk has my running costs for my GT3 from almost new. I know it's not a V8 but the servicing costs are about the same.
I think a clutch is about £1K. Mine lasted 55,000 miles, which is good ( but a lot of motorway miles ). 35,000 would be average.
Adrian
www.adrianmugridge.co.uk
My site, www.adrianmugridge.co.uk has my running costs for my GT3 from almost new. I know it's not a V8 but the servicing costs are about the same.
I think a clutch is about £1K. Mine lasted 55,000 miles, which is good ( but a lot of motorway miles ). 35,000 would be average.
Adrian
www.adrianmugridge.co.uk
Adrian,
How did your 2.2 turbo compare to the gt in terms of running costs?
I'm thinking of changing my tvr s3 for either a 2.2 turbo or an se next year and I get conflicting reports down the pub from cheap as chips or it'll ruin me so any advice would be gratefully received.
I'd be doing most of the work on it myself including servicing. I've recently taken the engine and gearbox out of the tvr to get the gearbox reconditioned by a specialist and have fitted a new clutch which represents the level of experience I'm at with car diy.
Thanks,
Mark
>> Edited by dern on Thursday 24th October 17:20
How did your 2.2 turbo compare to the gt in terms of running costs?
I'm thinking of changing my tvr s3 for either a 2.2 turbo or an se next year and I get conflicting reports down the pub from cheap as chips or it'll ruin me so any advice would be gratefully received.
I'd be doing most of the work on it myself including servicing. I've recently taken the engine and gearbox out of the tvr to get the gearbox reconditioned by a specialist and have fitted a new clutch which represents the level of experience I'm at with car diy.
Thanks,
Mark
>> Edited by dern on Thursday 24th October 17:20
Mark,
About the same I'd say. I drove the 2.2 a lot less, but every time it went in for a service there was always something extra that needed doing to it. I was in a position where the cost of having it serviced/repaired was disproportate to the value of the car so that's why I changed it to a much newer ( and a lot more expensive ) GT3. Oddly, nothing major went wrong with it (2.2) in terms of parts. For example, my handbrake cables became worn and needed replacing. About £75 for the cables and £400 labour. Whereas the GT3 has had a new Turbo and manifold ( i.e. expensive parts ). If you can do the work yourself then I imagine it would not be too bad.
Hope this helps
Adrian
www.adrianmugridge.co.uk
About the same I'd say. I drove the 2.2 a lot less, but every time it went in for a service there was always something extra that needed doing to it. I was in a position where the cost of having it serviced/repaired was disproportate to the value of the car so that's why I changed it to a much newer ( and a lot more expensive ) GT3. Oddly, nothing major went wrong with it (2.2) in terms of parts. For example, my handbrake cables became worn and needed replacing. About £75 for the cables and £400 labour. Whereas the GT3 has had a new Turbo and manifold ( i.e. expensive parts ). If you can do the work yourself then I imagine it would not be too bad.
Hope this helps
Adrian
www.adrianmugridge.co.uk
Working on an Esprit is not bad. It is just like working on any other car. It is after all just a car although a fabulous one. The dealers think they can charge whatever because it is an exotic car. There is much satisfaction on doing it yourself. All it requires is practice like anything else the more you do it the better you become.
Calvin
Calvin
Mark,
I had complete belts (timing belt too) changed just days before the car purchase. So I'm into my 2.2 SE for little less than 2K for 2 driving seasons. Almost half of it was for the glass sunroof I managed to find. So for about $1200.00 USD for chargecooler pump rebuild, clutch master/slave rebuild, SS clutch hose, front Mintex race brake pads, alternator rebuild, speedometer rebuild, heater flap actuator valve, BOV, upper fuel balancing hoses, valve adjustment, New front tires, regular fluid changes+filters, NGK spark plugs, and front wheel bearing adjustment. From what I hear on this Forum and the list the labor service would have been a large hit in the many thousands. Do it yourself if you can and check the car often. If I did not catch the loose bearing and tighten it up I would have had to replace it. If sent it to the shop a lot of labor money. I'm expecting to put in new tie rods maybe next year sometime no slop yet but the rubbers are very worn so moisture will be getting in and they will go after a period of time. Good to have advance warning.
Calvin
I had complete belts (timing belt too) changed just days before the car purchase. So I'm into my 2.2 SE for little less than 2K for 2 driving seasons. Almost half of it was for the glass sunroof I managed to find. So for about $1200.00 USD for chargecooler pump rebuild, clutch master/slave rebuild, SS clutch hose, front Mintex race brake pads, alternator rebuild, speedometer rebuild, heater flap actuator valve, BOV, upper fuel balancing hoses, valve adjustment, New front tires, regular fluid changes+filters, NGK spark plugs, and front wheel bearing adjustment. From what I hear on this Forum and the list the labor service would have been a large hit in the many thousands. Do it yourself if you can and check the car often. If I did not catch the loose bearing and tighten it up I would have had to replace it. If sent it to the shop a lot of labor money. I'm expecting to put in new tie rods maybe next year sometime no slop yet but the rubbers are very worn so moisture will be getting in and they will go after a period of time. Good to have advance warning.
Calvin
simon - if you look in my profile and follow the link to my car, there are all the running costs for my v8-gt.
It looks pretty bad, but you have to remember that i use the car every day - its my only means of transport. I've also been pretty unlucky with my car - all of the problems i had occurred after my warranty had expired (isn't it always the way!) If you take out the costs associated with the engine rebuild and the turbos then it works out at 37p per mile.
It looks pretty bad, but you have to remember that i use the car every day - its my only means of transport. I've also been pretty unlucky with my car - all of the problems i had occurred after my warranty had expired (isn't it always the way!) If you take out the costs associated with the engine rebuild and the turbos then it works out at 37p per mile.
There are 2 manuals and I they should be used in pairs. The first is the service notes and detail proceedures with a just a few illustrations. The Parts book shows the exploded views of each area of the car in detail and it is helpfull to have that information. Many times doing a procedure it seems unclear until you see the exploded view and how the parts are intended to work. It has saved me many hours of additional work. Also with the exploded view is the part numbers, the size of very bolt, nut, washer, pin, cable tie, clip, etc. so if anything is missing or has been altered it can be put back right. Many a Lotus out there may be missing a few parts here and there. Sometimes leading to catastrophic failures. For example due to a missing bushing that the cost is trivial the drive line bored a hole that trashed a transmission that had to be replaced. It held for a while before total failure but unless you had the parts book one would not know it was supposed to there. The books are available from many sources.
Calvin
Calvin
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