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How much owning an old luxury car really cost per year? Case study on BMW 520D from 2010

Owning an old luxury car is a significant expense, and many old luxury car owners may not be aware of the actual costs that come with owning a car. The costs of owning a car include not only the initial purchase price but also fuel costs, insurance, maintenance, and repairs. In this article, we will explore the actual costs of owning a car using the BMW 520D from the year 2010 as an example.

The BMW 520D is a mid-size luxury sedan that was introduced in 2010. It has a 2.0-liter diesel engine that delivers 184 horsepower and 380 Nm @ 1750-2750 rpm torque. The car comes with various features such as leather seats, power-adjustable front seats, dual-zone climate control, and Bluetooth connectivity. Let’s take a look at the actual costs of owning this car for one year.

Purchase Price

The official purchase price for a BMW 520d back in 2010 would have varied depending on the country and region it was sold in, as well as the specific model and any optional features or packages that were included. However, the base MSRP (Manufacturer’s Suggested Retail Price) for a new 2010 BMW 520d in the United States was not available, as this model was not sold in the US market. In Europe, the starting price for a new 2010 BMW 520d varied by country, with prices ranging from approximately €37,000 to €45,000.

In our case study, the purchase price of a car is the most significant expense when it comes to owning a car. According to most websites that sell cars, the average price of a used 2010 BMW 520D is around $12,000-$14,000 this year, since the auto market just got more expensive.

Fuel Costs

The BMW 520D has a fuel economy of 42 miles per gallon on the highway and 32 miles per gallon in the city. Assuming that the car is driven around 15,000 miles in a year, the total fuel cost would be around $1,500.


Insurance is another significant cost when it comes to owning a car. The cost of insurance depends on various factors such as age, driving record, and location. Assuming that the car owner is a 35-year-old male with a clean driving record, the cost of insurance for the BMW 520D would be around $1,200 per year.

Maintenance and Repairs

Maintenance and repairs are necessary expenses that come with owning a car. The BMW 520D requires regular maintenance such as oil changes, brake replacements, and tire rotations. Assuming that the car owner spends around $500 on maintenance and repairs in a year, the total cost of maintenance and repairs would be around $500.


Depreciation is the amount that a car’s value decreases over time. According to Kelley Blue Book, the 2010 BMW 520D depreciates by around 12% per year. Assuming that the car’s initial value was $12,000, the depreciation cost would be around $1,440.

Adding up all the costs, the total cost of owning a BMW 520D for one year would be around $6,640.

It is essential to note that these costs are just estimates and can vary depending on various factors such as the car’s condition, location, and driving habits. The actual costs may be higher or lower than the estimates provided in this article.

In conclusion, owning an old luxury car comes with various costs that need to be considered before making a purchase. By understanding the actual costs of owning a car, car owners can make informed decisions and avoid any surprises. It is essential to budget for all the costs and plan accordingly to ensure that owning a car is affordable and sustainable in the long run.