1998 1.9 100,000 mile report

“This little four-pot BMW is all the sports car I need.”, Road & Track, March 1999.

Our 5/98 1.9 recently hit 100k miles. At the time of purchase, deciding between an 2.8 and an 1.9 was difficult. Well, after exactly forty months of ownership, I’m pleased to reflect that, for a myriad of reasons (most anticipated, a few not), choosing an 1.9 has best fulfilled our requirements as a fun *tool* as opposed to a less practical *toy*. I knew it didn’t have much power beforehand, of course. However, it’s turned out to do everything else sooo well…Surpassing my overall expectations. In fact, my only real gripe about the decision is having to look at those Z-Stars…Urgh!

No major problems/repairs, as of yet. Tho, a cracked upper radiator hose left Mrs BMV stranded once. It still has original battery, brakes, clutch, and top.

Not my first, second, nor, presumably, last BMW…Neither the sportiest (R65LS), nor best (E30 325e) BMW…Just simply and unequivocally the most FUN!

Nonetheless, being a finance guy, the following #’s & $’s provide a better synopsis.

100,003 miles

89,344 mi. – from OEM front ‘Pilots; last 38,749 while mounted on back.

49,595 mi. – from OEM rear ‘Pilots.

$47,049.76 = total expenditures.

$32,545 = MSRP = $29,425 Base + $1,150 Leather + $750 Power Top + $500 Heated Seats + $150 Chrome Trim + $570 Destination.

$30,840 = purchase price, incl. $100 *tip*.

$20,046.98 = accum employer auto allowances –> *tool*.

$16,209.76 = accum oper & ‘admin’ expenses (defined below).

$8.949.66 = accum operating exp of gas, oil-related, parts & accessories, service/repair, tools, and club memberships

$7,260.10 = accum ‘admin’ exp of taxes, fees & insurance.

$5,842.05 = gas exp; 3,429.627 gals @ $1,703 avg px; 90.30 ‘composite’ octane rating.

$3,837.22 = allowances minus expenses.

3,429.627 – # of gals pumped.

$2,560.34 = $1,416.68 parts & accessories + $596.65 service/repair + $248.10 tools/books + $161.34 car care + $137.57 clubs dues.

1,217 – # of days to reach 100k mi.

$547.27 = oil changes + samplings.

426 – # of trips to the gas station.

421.0 miles – furthest range on single tank; 11.686 gals.

$201.15 = accum BMW CCA discounts (only $2.25 from impulse item).

$112.57 = prorated BMW CCA dues.

85 – # of tankfuls ranging 300-349mi., 12+1x 350-399mi., 3x 400+mi.

~82.2 miles – avg distance driven each day, everyday.

30 – # of oil filter changes.

29.693mpg – current incremental mpg, since Dinan CAI & StageII and Bosch Plat +4’s

29.159mpg – overall mpg, Life-To-Date = 100,003mi / 3,429.627gals.

28 – # of oil changes.

$22.30 = fuel savings from +4’s over 18,570 mi., vs. $25.88 cost.

2 – very happy owners!

$0.27 = cost per mile, if we’re to give away tomorrow.

$0.099-$0.128 = net cost per mile using KBB.com estimates of $17,095 private resale (LOL!) & $14,205 trade-in, respectively.

Statement of Cash Flows (‘freestyled’ Direct Method)

CFO

$20,046.98 – auto allowances

($16,209.76) – oper & admin expenses

$3,837.22 = Cash Flow from Operations

CFI

($30,840.00) – orig purchase price

$14,205.00 – value using more realistic kbb.com trade-in estimate

($16,635.00) = Cash Flow from Investments

CFF

$0.00 = Cash Flow from Financing

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($12,797.78) = Net