MKH wrote: ↑Tue Mar 30, 2021 7:57 am
Edmunds really needs to have a section where they explain how they got their numbers.
They don't list sources for their data-farming anywhere, just this: https://www.edmunds.com/tco.html
: how much value the car loses each year
Interest on financing:
the amount of interest paid over five years
Taxes and fees:
the total of all sales tax, fees and registry costs each year
the average cost of insuring the car
how much you have to pay for the type of fuel that the car requires — regular or premium gasoline or diesel fuel
the total cost of performing all the scheduled maintenance found in the vehicle's owner's manual
the projected cost of fixing common mechanical problems for this vehicle
Federal tax credit:
the amount of any tax credit available for alternative fuel vehicles
So one reason maintenance might be high would be if BMW specifies at 15K miles it needs a 100 point inspection or whatever, something anyone can just do themselves at home and most techs would just gloss over anyway, and BMW dealerships have their usual ridiculous fees, then I could see that ballooning costs that most would never experience. Likewise, an oil change anyone can do themselves for free at home, BMW dealerships might charge a fortune for.
What concerns me is that most vehicles seem to be pretty consistent in their numbers in that price range, new and used, but the i3 sticks out being so unusually high in the repair/maintenance columns. When I go to places like repairpal and the like to verify, they don't even have the i3 in the dropdown menu.