Overview & Considerations
I've had the Bronco almost a year now so I tallied up all the expenses on it to date. I wanted to do this to provide some insight to potential Bronco owners or even those looking into the costs of buying/owning an older vehicle.
Some things to keep in mind that were factors in the numbers being lower or higher:
1. Completeness - I tried to include all parts associated with a repair/upgrade. So gaskets, seals, and fluids required. Even things like wiper blades and wiper fluid.
2. Tools Excluded - I excluded the cost of any tools you would need to complete these jobs. However, this could be a huge cost consideration depending on your individual situation. I do provide an estimate for this at the end of this post.
3. "Around the Garage" Materials Excluded - I've excluded previously purchased materials that I already had in the garage. Typically items you have on hand because they are general purpose or from previous projects. This would include things like grease, towels/rags, and liquid thread locker.
4. Part Prices - Prices are pre-tax price or the current retail price at a big box auto parts store if I didn't have a receipt. Obviously if you bargain shop or have access to lower prices this could alter your numbers compared to mine.
5. No Labor Cost - I did all the work myself or with friends so there was no labor cost for a repair shop. Like tools, this would be a huge cost increase.
6. Variable Costs Excluded - I've excluded variable costs such as tax, insurance, fuel costs, and any inspection/registration fees. I do provide an estimate for these costs at the end of the post.
7. Representative - While not all old vehicles will have some of these issues I think its representative of what you can expect in terms of the types of issues you might run across.
8. Categories - I broke out the off road related expenses. Some repairs were explicitly due to damage from 4 wheeling the vehicle. I split the pinion yoke cost because the casting was rusted. It happened on the trail but it could have just as easily happened on the road.
A questionable decision was putting the transfer case costs as maintenance since as an on road daily driver you don't technically need it. However, it was original equipment and the repair was to make it functional. Off Road expenses are mostly due to damage to a component that was working or to enhance the off road capabilities of the vehicle.
9. Maintenance Practices - I employed good maintenance practices when doing the work on the Bronco. For example, one wheel cylinder was leaking but I also replaced the other one because it would likely fail soon as well. Likewise, I replaced all bearings and seals because they were due even though technically only a one had actually failed.
10. Elective Expenses Excluded - Expenditures that were strictly optional were excluded. For example, spray paint to paint the top and rocker panels. The paint was fine but I didn't like the color.
Item |
Initial |
Maintenance |
Off Road |
88 Bronco |
2,000.00 |
|
|
8,500lb Winch |
|
|
299.99 |
ATF Fluid |
|
19.99 |
|
Axle Seals |
|
45.12 |
|
Ball Joints |
|
119.96 |
|
Battery |
|
137.99 |
|
Brake Fluid |
|
3.99 |
|
Brake Shoes |
|
18.99 |
|
CB Antenna 4' |
|
|
9.99 |
CB Antenna Cable |
|
|
7.97 |
CB Antenna Mount |
|
|
12.29 |
CB Antenna Spring |
|
|
11.99 |
CB Radio |
|
|
35.00 |
Coolant |
|
65.94 |
|
Diff Fluid |
|
|
29.98 |
Diff Gaskets |
|
|
14.98 |
Differential Cover |
|
|
17.99 |
Driveshaft Rebuild 1 |
|
300.00 |
|
Driveshaft Rebuild 2 |
|
|
250.00 |
Engine Oil |
|
44.00 |
|
Fan Clutch |
|
59.99 |
|
Front / Rear Aussie Lockers |
|
|
550.00 |
Fuel Filter |
|
10.99 |
|
Grill Guard |
|
|
- |
Low Pressure Fuel Pump Kit |
|
99.99 |
|
Oil Filter |
|
6.99 |
|
Pinion Bearing |
|
13.99 |
|
Pinion Yoke |
|
60.00 |
60.00 |
Power Steering Fluid |
|
13.98 |
|
Power Steering Pump |
|
41.99 |
|
Serpentine Belt |
|
27.99 |
|
Transfer Case |
|
250.00 |
|
Transfer Case Seal x 2 |
|
13.58 |
|
U-Joint Back |
|
19.99 |
|
U-Joint Front |
|
18.99 |
|
U-Joint Retainer x2 |
|
|
4.78 |
Used 33" Spare |
|
25.00 |
|
Used 33" Tires x 4 (some tread left) |
|
125.00 |
|
Water Pump |
|
32.99 |
|
Wheel Bearings |
|
85.94 |
|
Wheel Cylinders |
|
19.38 |
|
Winch Hardware / Misc |
|
|
20.00 |
Winch Plate |
|
|
49.99 |
Winsdhield wiper fluid |
|
3.99 |
|
Wiper Blades |
|
18.58 |
|
|
|
|
|
Total |
2,000.00 |
1,705.33 |
1,374.95 |
|
|
|
|
|
|
|
|
Grand
Total |
5,080.28 |
|
|
Closing Comments
As you can see my $2,000 cash Bronco cost me $1,705.33 in parts. I may have missed a few things so I'd say that number could be as high as $1,800.00. Had I purchased new tires instead of cheap used 33s this number would have exceeded the initial cost of the Bronco. However, I did include the transfer case swap and driveshaft rebuild as maintenance which would have been about the same cost as new tires. Lastly, any major engine or transmission issue would have raised the number substantially as well.
For tool costs, I have a pretty complete tool collection. I would estimate I spent about $300 in specialty tools such as race drivers, spindle pullers, a joint press, etc. Many big box part stores will let you rent them for "free" but I opted for the convenience of having them on hand as needed.
Labor cost if you were paying a shop would vary greatly depending on their rate. It would be more than the $3,000 in parts which to me doesn't make sense on a vehicle that isn't worth that.
Variable costs as I mentioned earlier (taxes, insurance, fuel, etc) were about $1,600. Fuel was almost half the cost there assuming about 11mpg, ~3500 miles, and an average of $2.75/gal. Fuel numbers are estimates. The fuel/insurance/tax numbers are more accurate. With fuel prices now under $2/gal the fuel number gets a lot smaller very quickly.
For the off road crowd you'll notice the bulk of the expenses are mechanical not off road performance specific. This is probably the norm on many older rigs. Of course had I installed ARB lockers or did a solid axle swap that number could have easily exceeded the routine maintenance numbers.
Keep in mind that with all those costs, the vehicle is still far from perfect. Things that could be addressed include things like one door lock doesn't work, the driver seat back is locked in position, holes in the seat fabric, rear window switch doesn't work, ac blower motor doesn't work, body dents and dings, gauges that don't work accurate, cracked windshield, sagging headliner, starter isn't as strong as it could be, etc.
That all being said the vehicle has been rock solid reliable. I've never needed a tow but I've been suck a few times for no more than 30 minutes.
Times/Reason stuck temporarily:
1. Low pressure pump failing and would die if the vehicle didn't have over half a tank of fuel. Had to walk to get a gallon of gas.
2. Fan clutch failure caused an overheat and had to wait for engine to cool down at gas station.
3. Dead battery. Jumper box was also dead but replaced it a new battery.
4. Water pump failed and had to wait for engine to cool down on side of the road.
All of these were merely symptoms of old worn out components. And I've seen dead batteries and water pump failure happen on newer vehicles as well.
For a nearly 30 year old vehicle with over 178,300 miles that's really good. As a comparison I've had newer vehicles strand me overnight multiple times and have many worse problems. I'll be interested to see after all the work done in 2014 what the 2015 repair numbers look like. I suspect they will go down substantially because a lot of the maintenance items piled up because previous owners did not address them.