Cost of owning 996 VS. E46 M3
#1
Cost of owning 996 VS. E46 M3
Hey guys,
I'm currently in the market for a M3 and although a 911 would be nice, I've always assumed Porsches in general would be more expensive to own. I'm wondering if you can help me out and let me know what's to be expected in terms of cost. Any pending issues/problems and are expected or are they pretty reliable? Would love to get my hands on a 99+ with aero.
Any input would be greatly appreciated.
I'm currently in the market for a M3 and although a 911 would be nice, I've always assumed Porsches in general would be more expensive to own. I'm wondering if you can help me out and let me know what's to be expected in terms of cost. Any pending issues/problems and are expected or are they pretty reliable? Would love to get my hands on a 99+ with aero.
Any input would be greatly appreciated.
#3
Originally Posted by Joeskie
If you look into 02+ they should be pretty reliable. I have heard a lot about glemlins in the 99-01 (Someone confirm this...)
#4
Originally Posted by Joeskie
If you look into 02+ they should be pretty reliable. I have heard a lot about glemlins in the 99-01 (Someone confirm this...)
Last edited by PorscheC4; 05-22-2006 at 11:49 AM.
#5
I had a 1998 M3 loved driving it an I drove the S**T out of the car never had and engine problems. I did have to replace tie rods, radiator, plastic, water pump. I would say the parts cost and the shop labor is going to be the same as for Porsche. The feel driving is completely different both are fun you can pick up a used M3 much cheaper than a Porsche in the Bay Area, CA. Best of luck!
#6
Thanks for the inputs so far guys. I'm just trying to see for around $35K, which car would be a better idea for me. It "SEEMS" that a 911 would be more expensive to own but I'm not so sure anymore. I'd imagine for the price of a 03-04 M3, you can find a 2000-2001 911.
Any ideas on where to look other than the usual cars.com/autotrader? Would love a 911 w/aero.
Any ideas on where to look other than the usual cars.com/autotrader? Would love a 911 w/aero.
#7
BMW and Porsches are the same in maintenance cost...the stealers of both brands charge you an arm and a legg for parts and labor!!
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#9
In owning both I can tell you as long as nothing breaks the Porsche is actually slightly cheaper to maintain than the M3.
All of the '01-03.5 M3's had an engine recall. The Rod Bearings were replaced in all of the motors and after the recall is completed you're required to run Castrol TWS 10W 60 motor oil with the new bearings. BMW also gave a 6 yr / 100K mile warranty on the motor of all of these cars. The only other issue that I've seen is a few problems here and there with The Vanos unit expiring and causing a mess on the top end of the motor...with your 6 yr / 100K mile warranty this should be no issue and again this is pretty rare.
Oil changes are about equal between the two
Brake pads and rotors are nearly the same cost.
filters, fluids, etc are all going to be nearly a wash.
Where the M3 is slightly more expensive is because it's a solid lifter motor that requires periodic valve adjustments. Most of the cost is labor in getting to the valves to check them but I did have shims added in two of my valves at 35K miles when they were checked.
Hope this helps.
Andy
All of the '01-03.5 M3's had an engine recall. The Rod Bearings were replaced in all of the motors and after the recall is completed you're required to run Castrol TWS 10W 60 motor oil with the new bearings. BMW also gave a 6 yr / 100K mile warranty on the motor of all of these cars. The only other issue that I've seen is a few problems here and there with The Vanos unit expiring and causing a mess on the top end of the motor...with your 6 yr / 100K mile warranty this should be no issue and again this is pretty rare.
Oil changes are about equal between the two
Brake pads and rotors are nearly the same cost.
filters, fluids, etc are all going to be nearly a wash.
Where the M3 is slightly more expensive is because it's a solid lifter motor that requires periodic valve adjustments. Most of the cost is labor in getting to the valves to check them but I did have shims added in two of my valves at 35K miles when they were checked.
Hope this helps.
Andy
#10
Originally Posted by AudiOn19s
In owning both I can tell you as long as nothing breaks the Porsche is actually slightly cheaper to maintain than the M3.
All of the '01-03.5 M3's had an engine recall. The Rod Bearings were replaced in all of the motors and after the recall is completed you're required to run Castrol TWS 10W 60 motor oil with the new bearings. BMW also gave a 6 yr / 100K mile warranty on the motor of all of these cars. The only other issue that I've seen is a few problems here and there with The Vanos unit expiring and causing a mess on the top end of the motor...with your 6 yr / 100K mile warranty this should be no issue and again this is pretty rare.
Oil changes are about equal between the two
Brake pads and rotors are nearly the same cost.
filters, fluids, etc are all going to be nearly a wash.
Where the M3 is slightly more expensive is because it's a solid lifter motor that requires periodic valve adjustments. Most of the cost is labor in getting to the valves to check them but I did have shims added in two of my valves at 35K miles when they were checked.
Hope this helps.
Andy
All of the '01-03.5 M3's had an engine recall. The Rod Bearings were replaced in all of the motors and after the recall is completed you're required to run Castrol TWS 10W 60 motor oil with the new bearings. BMW also gave a 6 yr / 100K mile warranty on the motor of all of these cars. The only other issue that I've seen is a few problems here and there with The Vanos unit expiring and causing a mess on the top end of the motor...with your 6 yr / 100K mile warranty this should be no issue and again this is pretty rare.
Oil changes are about equal between the two
Brake pads and rotors are nearly the same cost.
filters, fluids, etc are all going to be nearly a wash.
Where the M3 is slightly more expensive is because it's a solid lifter motor that requires periodic valve adjustments. Most of the cost is labor in getting to the valves to check them but I did have shims added in two of my valves at 35K miles when they were checked.
Hope this helps.
Andy
This is very helpful info. From your experience and what you read on the forums, would you say both these cars need to have a extended warrenty on them? I will probably end up driving these cars maybe 4K miles a year and if they just have a similiar chance of breaking down to something like a Honda or something, it's probably not worth the extra money for the extended.
Thanks,
Jack
#11
Personally I like to get my hands dirty evern once in awhile and I'm very big on preventative maintenance so I did not opt for an extended warranty on either car.
If you're a hands-off type of person the extended warranty may be for you.
Andy
If you're a hands-off type of person the extended warranty may be for you.
Andy
#12
Originally Posted by AudiOn19s
Personally I like to get my hands dirty evern once in awhile and I'm very big on preventative maintenance so I did not opt for an extended warranty on either car.
If you're a hands-off type of person the extended warranty may be for you.
Andy
If you're a hands-off type of person the extended warranty may be for you.
Andy
For either car, a warranty will be well worth it. Even if you never have to make a claim, you have peace of mind.
#15
Originally Posted by citan
How about RMS issues with 996s?
Do they happen often, or does the forum make it seem like a more widespread problem than it really is?
Do they happen often, or does the forum make it seem like a more widespread problem than it really is?