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LS1 Insurance and gas costs?

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Old Feb 25, 2004 | 01:11 AM
  #31  
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What he's basically going to do is put me to work on weekend mornings to pay it off. Not too bad, been doing it with the GTi anyways. I'm not too worried about the gas consumption cause I hear everywhere that it's decent (probably better than my VR6 anyways hehe) but the whole concern with a V8-powered car is that.
With my one job right now I do a decent job at supporting the GTi almost halfway, but it's a high maintanance car, with expensive German parts.
I will look into the finances, maybe cash in on a couple inventions I have in my head, then
F-body, here i come
Old Feb 25, 2004 | 01:26 AM
  #32  
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not to sound too condesending - but if you are worried about future gas costs then don't even think of buying this car.
Old Feb 25, 2004 | 04:07 AM
  #33  
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Originally posted by oldschool
BOTTOM LINE: If you are worried about how bad a car is on gas or how much it costs per month to operate, DO NOT buy an f-body.

Thank you, that is all.

Also Jimbo, maybe you should pay for it yourself so your Dad is out of the picture. You may have to settle for an older car (like me originally: 1982 Z28) but at least you will have the satisfaction of 100% ownership. Then you can upgrade later when you afford it.

Andy
good point andy.....and plus jimbo when you get older.....you don't want your dad to have anything on you.....I say buy what you can afford.....not what your dad can......unless hes just buying it for you .and thats the end of it
Old Feb 25, 2004 | 05:32 AM
  #34  
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Everyones right, if your worried about gas prices insurance costs dont buy the car simple.

Keep what you have until you can get what you want. Not worth the problems down the road. I'M, 19 my self and have a SS, but trust me these cars do run fine if taken care of, but if you get one problem ls1's are very costly ask anyone of the ls1 drivers ( craig, chriss, blair, twitch etc....) so just keep that in mind as well. Best bet from me to you is keep what you have, until further down the road the goal is more attainable no need to rush into anything that mite prove to be costly in the long run.
Old Feb 25, 2004 | 09:53 AM
  #35  
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Again, I'm not worried about gas costs, I'm just comparing. Just something to bring up. My friend has a 5.0 and he gets better gas mileage than my GTi, and I assume an LS1 will get better gas mileage than a 5.0 anyways. I'm thinking of keeping it pretty much stock. I know LS1 parts are considerably expensive but once I get out of HS, I will have a second job anyways.
Are LT1 one parts cheaper?
I want a performance car as is, and not buying an f-bod. I'm just going to break down and buy a Mustang, or a Civic or something.
sorry for sounding so stubborn, it's just I have been working and anticipating an F-body for so long know, it's driving me nuts.
The money thing really isn't too big of an issue, I just figured I would do some research and check out how much they run as far as cost. Trust me, I don't think an LS1 can be more money to maintain than a VR6.
Old Feb 25, 2004 | 10:04 AM
  #36  
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Originally posted by Pandamonkey
Hey!
That's exactly what I do!
Y'know..........except I've got an LT1, and an old diesel golf.........worth more than 500 bucks.......

Other than that - exactly!
That makes two of us.... LT1 and Golf diesel.

Why are you guys paying so much for your insurance? Is it because its an LS1? My 94 TA costs me $1700 a year, if I remember correctly, for insurance. My Golf costs me more for insurance than my bird.
Jimbo, I don't know how many kilometres you do a week, but I'll tell you one thing. I went from filling up every 3-maybe 4 days on my TA to once every three weeks on the golf. The amount of money I have saved is amazing. Like everyone said, don't buy this car for gas mileage. I think your best bet, if your dad really is willing to help you out, is to keep the Golf, and buy an older LT1 that you can store and work on. Trust me, it's too stressfull driving it in bad weather and you'll be able to save a lot of money by only insuring the F-bod in the summer. If the Golf costs too much, trade it in for a cheap civic or a diesel golf that won't cost you an arm or a leg. Hell for what you pay, you can buy a brand new Cavalier or Sunfire and save even more.
Just my two cents.
Old Feb 25, 2004 | 10:18 AM
  #37  
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good luck! i have a 30% discount and i pay 210 on a 95 and its going up in may cause insurance just went up. i pay 240-260 in gas everymonth and im assuming you dont drive everywhere on the highway so expect around 300-320 kms to a tank.
payment-420
insurance-210
gas-250
by the time i add in oil changes and aircare and things like that it adds up to about 900 a month average. and last yr i spent 9000 on the car including wheels and clutch and fixing things so thats another 750 a month.
id have to agree with andy buy a late 80's iroc or something that you coudl afford on your own.and maybe a few mods alos. who wants to be driving around in a stock f-body.
Old Feb 25, 2004 | 10:21 AM
  #38  
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^ Thanks, Sandeep.
I figure maybe if I have enough to buy a beater and get some cheap insurance on it, I could go that route and get an LT1 to keep in the garage, providing the funds allow it. The whole reason I'm mostly set up on the F-body is I like the whole way of the community, for one. Met some of you guys, and you seemed really cool and helpful, take this thread for instance. Believe me, I have tried hanging around the "import crowd" (mainly consisting of Hondas) they all sit around their mom's Civic DX with the hood open, going "Yep, if you put an intake on 'er, you'll beat Ford Explorers...well, V6 ones anyways; those 8 cyls are a different story all together"
Mustang guys are alright, too but I have always been more of a GM fan, so that would be like stabbing myself in the back!
If I can't afford an LS1 daily D, I will just go down the LT1/L98 in Garage, Accord or something daily D route.
I guess we'll see how the finances go.
In any way, I hope to be the proud owner of a GM product before August!
Old Feb 25, 2004 | 11:08 PM
  #39  
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Ok just so everyone knows, no HWY driving, straight city with huge traffic, sometimes its horrible stop & go 3k/h speeds, sometimes its good, but all straight city driving to richmond & back, I get 310kms per tank with all mods in the sig, ok driving, no flooring around & if I choose to drive hard its about 290kms/tank, & thats not running her dry, I'm sure there is 330kms/tank if I run her bone dry. Thats with huge cam, heads etc... & 4.10 gears, lol.
Old Feb 25, 2004 | 11:30 PM
  #40  
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Oh man I get about 300-320 before i need to fill up on mine and im near stock
Something must not be workin right...
Old Feb 25, 2004 | 11:31 PM
  #41  
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some mods help fuel economy, like intake/headers/exhaust. anything that reduces the pumping losses of the motor.
Old Feb 26, 2004 | 01:54 AM
  #42  
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yep, & a ton of other stuff, tunning helps a big one, etc... good valve jobs, aluminum flywheels but not my 315's in the back, those can't be helping
Old Feb 27, 2004 | 02:05 AM
  #43  
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Originally posted by Tw!tchb!tch


Another idea is the beater option . Get the Ls1 but store it 8 months out of the year and drive a 500 $ deisel rabbit around . Just an idea
This is the best option as long as you have storage for your f-body. I wouldn't buy a LS1 as a daily driver all year round. Insurance is about $100.00 a month more than driving a beater, big deal? Gas mileage is way better than an older f-body. Like Amit says I get a little more than 300k's per tank booting it around town, where else can you have that much fun for under $50.00 per tank?.I live 5 minutes from work and store my f-body in a heated garage all winter. I've seen a few nice f-bodys driving around in the winter. I doubt they will be that nice for long. The LS1 power to gas mileage ratio is awesome. My advice is to get the LS1, you really wont be satisfied until you do so take the plunge. Especially with you dad helping out.
Old Feb 27, 2004 | 04:16 PM
  #44  
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If your town lays down gravel during the winter, it'll hurt..





Originally posted by Drumhawk
This is the best option as long as you have storage for your f-body. I wouldn't buy a LS1 as a daily driver all year round. Insurance is about $100.00 a month more than driving a beater, big deal? Gas mileage is way better than an older f-body. Like Amit says I get a little more than 300k's per tank booting it around town, where else can you have that much fun for under $50.00 per tank?.I live 5 minutes from work and store my f-body in a heated garage all winter. I've seen a few nice f-bodys driving around in the winter. I doubt they will be that nice for long. The LS1 power to gas mileage ratio is awesome. My advice is to get the LS1, you really wont be satisfied until you do so take the plunge. Especially with you dad helping out.
Old Feb 28, 2004 | 01:52 AM
  #45  
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Originally posted by Ken S
If your town lays down gravel during the winter, it'll hurt..
So will the salt.



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