Because it is made to a higher standard, a luxury car can often offset its repair costs. It is possible to spend thousands more on a car than its original sticker cost in the long term. However, this is not true for all models. Luxury car repair in South Florida can take a big chunk out of your wallet.
Most people don’t consider the monthly payments or the total cost of the car when choosing a new vehicle. Consumers often forget to consider the cost of maintaining a vehicle. A luxury vehicle’s, fuel, maintenance, and repairs can take a significant chunk of your monthly budget.
That’s why we’ve rounded up to of the least expensive luxury cars to maintain — not necessarily the least expensive to buy, but the ones that cost less to own over time once you’ve made the purchase.
How Luxury Car Repair Expense Is Related To The Age Of Your Vehicle.
As the vehicle ages, maintenance costs rise. For years 1-10, there is a steady and consistent increase in maintenance costs of $150 per annum. The cost of living increases by $150 per year for years 1 through 10. After that, there is a noticeable jump between 11-12 years. The cost of maintaining a car after age 13 is around $2,000 annually. People often consider selling when their luxury car repair costs start to exceed the car’s value.
Because everything is new, a one-year-old car will be very affordable to maintain. Average maintenance costs for all cars are below $500 per year within the first few years. An average of $1,500 per year will be spent on a 10-year-old car. This is a significant increase in five years.
For this reason, the cheapest luxury car to maintain is often a more recent model.
Luxury Does Not Always Mean Reliable.
Although many people believe that luxury is synonymous with reliability and quality, it is not always the case. High-end cars often have complicated electronics and mechanisms that can be costly to repair. High-end dealers often charge more for services than traditional dealers because they are more skilled at working with these complicated features and electronics.
The systems of mass-market cars are simpler. They are therefore easier to use, more reliable, and less likely to frustrate their owners. The luxury automakers’ attempts to amaze and dazzle may actually cause confusion and irritation.
So What Makes A Car Reliable?
What are the key criteria for car reliability?
This question is up for interpretation. It all depends on how well the car was maintained in its early years and the conditions it has been driven under.
Car owners who mainly drive their car around the city might consider it reliable if the car doesn’t require any more than regular repairs (oil changes and brake jobs, tires). A car that has a high number of unplanned breakdowns could be considered unreliable.
There are many variables that affect reliability, but the most important ones are the development and manufacture of the vehicle. A car that is well-designed and manufactured by auto companies tends to last for longer. Poorly designed cars and substandard materials all contribute to a car’s reliability and longevity.
Which Luxury Cars Are The Most Reliable And The Least Expensive For Repair And Maintenance?
This list is based on the average cost of annual maintenance and repairs expected over a 10-year period. This is not listed from best to worst, just the best.
- Lexus ES
- Lexus LX
- Lincoln EKZ
- Mercedes-Benz E-Class
- Audi A4
- Audi Q5
- Acura MDX
- Porsche Cayenne
- BMW X3 xDrive30e
- BMW 330e
1st Class European Authorized Coachworks will maintain and repair your vehicle at a fair price with the highest level of service available. Our Pompano Beach location is the leading auto body repair and painting shop for luxury cars in South Florida. To contact us, click here or call us at (954) 835-4892.
