News on Youtube Feb 28 2018

Hi everyone, this is Heidi and this is Franny, and today we're gonna talk to you about what we have spent on our 2004 996 Turbo.

So, what I've done is I've broken out all the individual costs that it cost us the last...

Um, sorry um, do you think maybe we can get a little better location than inside the dingy old garage here?

Maybe something more like this?

That's better!

Okay, so Heidi you were saying...

Yeah so we bought our car used we bought it used in 2014,

and actually about four years ago...

And some of the major service that had

been done to the car before we bought the car was:

the clutch accumulator was rebuilt at 18,000 miles,

the battery was replaced

the clutch slave cylinder was replaced at 28,000 miles

the power steering pump at 32,000 miles.

Now, I wanted to go on and talk a little bit about that power steering pump.

Now, it's kind of a funny thing the pump didn't fail it was just SuperDuper noisy.

So Porsche redesigned it, it's kind of a funny thing.

There was a piece inside it that the fluid had to flow by and it was making a bunch of noise,

so they redesigned it, so this car has the redesigned power steering pump in it.

Okay and then the front left wheel bearing was replaced,

the front axle was replaced from a leak at 39,000 miles,

which that seems kind of funny to me that that would happen,

but whatever, any rate... All of this was done under warranty, so that's why it's so important to have the full set of records.

And since this all of this was done under warranty and done at the dealership,

the dealership was able to tell us what had been done on the car so, that was actually really really a real big plus.

And of course the car had you know annual service, oil changes, filters, wiper blades that sort of thing.

Yep yep. Okay, so then, when before we bought the car,

we spent three hundred and six dollars having a pre-purchase inspection otherwise known as a PPI.

So some of the things that the pre-purchase inspection found was:

that the low tone horn was bad, so this is a duo horn card has two different tones.

and that was wrong so one of them was pooped out.

Small oil dampness at front of engine.

which that was inconclusive about what that would be,

so it was it was so small it wouldn't have been a shaft bearing or anything so I'm not sure what that was.

The car still had its original coolant. It should have been flushed out a long time ago. Right.

Front shocks caps..wait, front shock caps worn.

Yeah so at the top of the shock towers in the front there there's a little bushing up in there,

and those can wear out and allow the shock tower to move ever so slightly and cause a little bit of looseness in the handling

and also in the alignment as well.

So that's something we still actually have to fix.

So the rear tires were 30% worn, I believe within a year they were like 99% worn or about 110%. After we bought the car....

Right, right, they were way gone. yeah.

So, it needed an oil change, and it needed air filter, and so there were several items that the PPI missed.

yeah so okay, so that's a thing about PPIs. So we spent $300, we had the PPI done at a dealership,

because it's a more modern car. Right. Maybe an indie shop would be better...

I don't know, any rate, we got it done at a dealership, and it's a dealership we trust and we we still do.

Yeah, but they missed a few things (They did) and that's our thing about PPI is is I think you should always get one,

but don't just expect that they're gonna get absolutely everything. Exactly it's never perfect.

Because they probably won't, I mean. So in this car, what they missed were some weeping radiators.

Both radiators, one was almost leaking and one was definitely weeping this car has three of them.

That was a big miss. That was kind of a big deal huge - yeah kind of a huge miss and kind of expensive too.

Yeah, and then the idle was not settling down on this car, when it would get hot the idle would climb up and then go back down and up and down...

Yeah, but remember it didn't actually do that until the first time we drove at home so right that was something that the dealership was not going to find.

Do you know why? Because they didn't drive the car. No. So they didn't drive the car. Had they driven the car that probably would have fixed...

They probably would have found that and the next problem, which was we found several turbo air leaks as well.

Yeah, so it's just you didn't have that nice washy sound initially when you stepped on the gas.

Well yeah because the after the turbos on the pressurized side there were some leaks and those had to be sorted as well.

And in fact, I thought that that's what the problem was. I figured that was just a some air leaks in the system and that can cause it to run lean. Bla Bla Bla.

It turned out it was a bad mass airflow sensor, and once I replaced that the idle was perfect and has been ever since. Right.

So, we bought the car and you know the dealership was actually kind of a little envious that we found a car like that, so we knew it was a good find.

And we spent $49,000 on it. Now it was actually listed for $54,000, but because of the windshield having a dink,

which it still does and some other a couple of other items that we found during the PPI,

we were able to talk the seller down by $5,000 and that's about right for what this car was.

And what was the mileage on the car?

Um, it was right around 48,000 49,000 miles. So less than fifty. Yeah. Okay.

So after we bought the car, so Franny, as she mentioned, replaced the mass airflow sensor,

so that was $182.50. So, we got it off eBay.

Now, Porsche wants like 800 or 750 dollars for that part, we put in an actual Bosche part with a Porsche part number on it.

It's just, if you search around, you can get the parts for a lot less right, but it took it took me months to find out that it was just the mass airflow sensor. Right.

And so we did start smelling coolant after we had been driving the car a bit, and so we ended up looking at around

and doing some research on whether or not to actually replace the radiators with original Porsche radiators or an aftermarket set.

Right. Do you want to talk about why you... Yeah so, the original Porsche radiators I believe they're steel with plastic end caps,

and they end up sort of weeping after about six or seven years at those at those end caps, and that's exactly what was going on with ours.

So I looked into.. There's a company called CSF that makes racing aluminum all 100% aluminum radiators for the car,

and they had a group buy on one of the forums, and so yeah, right, I forgot about that. We all got them at the same time. we did.

So we picked up a set of all three because this one of course has the three. So we got the center radiator and the two side radiators for 1600.

And the ..Porsche radiators probably would have been about 1450, so they were a little more expensive,

and we did have a few problems with them, but I have to tell you the folks at CSF were wonderful,

They were great. They got back to me on a Sunday afternoon, so total thumbs up for those guys.

We did have a few issues with the radiators and they we had to swap them out once or twice, but we got it all sorted in the end.

The dealer, so once you do that with the radiators of course, you lose all the coolant...

We needed to swap out the coolant anyways. Since we did go back to the dealer and say you know...

Look, what's up, you guys totally miss this! This is a bummer, so they did so they gave us all the coolant.

So yeah the car was kind of expensive. So they gave us the coolant which was nice but..

We got that all taken care of. They wouldn't pay for the radiators, we were hoping they would take care of that too. oh well.

So okay, so some of the other things we did. We did a fuel filter replace that was something that they found during the PPI. Yep. That was only $45.

Yep. The high sounding horn, we actually ordered the low sounding one and found out it was a wrong one.

Yeah they got the wrong. They got it wrong on the PPI $12.75 not bad.

In fact I think we still have the low horn if anybody needs one. Yes

So radiator hoses... Okay so.. Alright so after we did all the radiators, and this was year or two after at least.

I was out taking a friend out for a ride she was very interested in buying one of these cars. We went out for a little bit of a test drive,

and pulled over so we could swap... So we had driving for...I don't know, ten or fifteen minutes, I pulled over in a side street,

so that we could swap right we swapped and as we were kind of just barely pulling out, the dash lit up like a Christmas tree

and huge steam went out from in the back of the car. Well it had split the radiator hose out of the pump,

so all the way from connected to connector and blew all of its radiator fluid on the ground.

Had to have the car towed back. It actually says 'call towing,' no I'm just kidding...

Pretty much! Your whole dash! Yes it pretty much says, 'Do not drive this car!' Exactly, it's pretty bad....

So we had the car towed back, that didn't cost anything. but then once again had to replace the radiator fluid that had all flowed out again.

and I replaced both of those hoses in the back there, so the one out of the pump is the one that seems to always go bad.

Right. So we replaced that. They weren't too expensive. What were they? $143.75. Yeah, so now a bad cost at all.

And yeah, remember you know Franny is doing a lot of the work on this, and the research, and everything else,

so you know if you don't want to do the work yourself then probably double or triple the price of everything.

Yeah it would probably be a little expensive. The Porsche's are easy to work on in those hoses they literally

just have a clip and you just pull the clip out push new and then boom and you're done.

It's super easy. Right, okay so Heidi and her lead foot caused us to replace the rear tires. Yup.

And so how it works with the turbos is usually it's all four and then the rears all four than the rears.

Yep, so we got two new rear tires those were $1030.75. I believe they're Michelin Pilot Sports or it's something like that.

So it that what we have? Yeah they're big and they're kind of expensive, but they're nice tires.

They're really good rear ones are more expensive than the front. So then we had a battery failure, once again the dash lit up like a Christmas tree.

And, that was pretty easy. We just found actually found a battery at Costco. Yeah so and we're able to place replace that for $120.

Right around sixty thousand miles we did the serpentine belt, and that was just kind of preventative there was nothing wrong.

In fact I still have the old belt, it's just that if that goes you lose everything all at once and I didn't want to get the car towed.

She has the old one. She saved it. And that was only $25.75. Not a bad price for that.

So then all of our other annual maintenance, you know, either air filters, cabin filters like every other year and then

the oil changes run us around $86, air filter $24.53 and cabin filter $23.50.

Yeah, so basically all right so does a drum roll what's the what's the grand total?

Right, so we had a couple other real optional things that we'll talk about that.

Yes so the total that we spent in four years on the car minus the tags and the tax for the State of Colorado.

$3884.75, so over four years it's a little less than a thousand dollars per year.

Yeah, so yeah, that's not too bad actually.

This is a pretty high performance car one of the fastest cars you could buy in its day,

and to just spend a thousand dollars on this and that right it is really pretty low money.

These cars are really solid they are very solid, so the couple of the optional items:

We actually had a friend selling a set of aftermarket wheels with snow tires on it.

We spent $900 on that. Yep and then some optional side marker replacements make it a little more European looking.

Yeah the original ones are orange, so you know, so we've spent a little bit more than what we've just you know estimated

but really that $3884.76 for four years $1000 a year. Remember this car is now 2004 to 2018 so it's a good solid

mathematics here, 14 years old and... What's up what's the mileage on the car? Right now?

Just over 60,000 miles. Okay.

Yeah so we haven't put a ton of mileage on the car. Right, we bought it right around 50,000. We have definitely driven it.

And it's been, short of that one radiator hose blowing, the cars been great and always gotten us home.

Right! It's just been it's just been a great car. Really enjoyed it, and surprisingly yeah I love it. This is probably Heidi's favorite car in the garage.

It actually does do really well in like snowy, crappy weather because of the all-wheel drive. We just put snow tires on it and it does a very good job.

The biggest thing I worry about when it's crazy snowy is somebody else running into me.

Yeah, of course. So, but yeah, I really do like the car. It's my favorite.

All right, well I hope you enjoyed this sort of breakdown on the cost of at least what we spent on our car.

Since we've owned it, it hasn't been bad and it's it's just been a wonderful car.

So if you enjoyed this video please give it a thumbs up if you've got any questions or comments go ahead and leave them down below

and we'll get right to them. Yep we can ask any or answer any other financial questions you might have.

So thank you so so much for watching. So until next time, safe travels. Bye.

For more infomation >> How Much Does It Cost To Own a 996 Porsche 911 Turbo? - Duration: 15:15.

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How do I choose the right life insurance limit? - Duration: 3:03.

Hi, I'm Paul Hershey, Senior Account Executive here at UIS Insurance & Investments located

in our Fremont office.

Today in our video were going to talk about life insurance real quick.

Specifically, how much do you need to support your family should you pass away.

Generally what we're going to talk about is personal life insurance, there is also buy-

sell agreements for business.

There are many different products that we have access to here to fit your needs and

desires should the unexpected happen and you pass away.

First things first on how much you might need, lets start with the very first number you'll

figure out which would be your final expenses.

Funerals are getting more expensive day by day, the average funeral can range anywhere

from $6,000 to $10,000 and that is a highly unexpected expense should you pass away.

After your final expenses are taken care of we need to focus on loss future income for

your family.

If you were the major bread winner, were going to need to replace a lot more than if you

were the secondary income in the family.

There's going to be expenses that continue to roll in, mortgagees, daycare, future expenses

like college, transportation.

All those normal, everyday expenses are still going to be there for your family without

your income actually coming in to the bank account.

We need to take that number and we need to figure out how many years we would need to

get your family paid up to, to make them sustain the lifestyle they're accustomed too.

After we figure out your future expenses that your family is going to need, were also going

to need to talk to you to see if there is something you want to do as a legacy gift

or anything of that nature.

Do you want to donate to your church?

Do you want to donate to an organization that you've been a part of your entire life?

Things like that, can be funded through life insurance.

What we want to do is add all of that up, get your number, generally it's going to be

a lot higher than you would think.

What we want to do is back that number down into a manageable life insurance program.

A manageable program consists of the death benefit that you and your family think is

sufficient to fund their needs for the future, should you pass away.

It's made of maybe one maybe two maybe three different types of life insurance policies

to make it affordable.

When we talk about affordability, the main thing to remember it's never going to be more

affordable than it is right now.

Life Insurance is going to get more expensive as you get older and if your health deteriorates

that also going to play a part into it, so come and talk to us today.

The other products that we'll be able to talk about will come on the next video.

So stay tuned.

Thanks.

For more infomation >> How do I choose the right life insurance limit? - Duration: 3:03.

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How much water is in Earth's lakes? - Duration: 2:08.

Using high-resolution satellite imagery and a mathematical model, scientists have

estimated that the mean depth of lakes around the world is substantially lower

than previously thought. How many lakes are there and how deep are

they? These are fundamental questions in the study of lake water. With advances in

satellite imaging techniques, research over the last decade has narrowed in on

the first question estimating well over 100 million links on Earth. The question

of depth, however, has remained elusive. A complete understanding of these

parameters is critical to understanding the ecological and economic functions of

lakes, specifically their role in global carbon cycling.

A team of researchers working in Sweden and the USA set out to find an

accurate means to estimate the volume and depth of Earth's lakes. To accomplish

this, they developed and tested a mathematical model which incorporates

the Earth's topography and the surface area of 28 million lakes. The team then

tested their prediction method against a high confidence database of lakes in the

USA, Canada, and Sweden. The estimates, they found, corresponded quite well with the

survey data. Once verified, the researchers then used the mathematical

approach to calculate the Earth's overall lake volume and average depth.

Their estimates: a volume of nearly 200,000 cubic kilometers and a mean of

42 metres deep. These improved estimates of depth and volume represent a major

step forward in understanding the distribution of lake water on Earth. The

finding that lakes are significantly less deep on average than previously

thought has important implications for the role of these bodies of water in

global geochemical cycles.