The Most Costly and Affordable Luxury Cars to Maintain - PowerPoint PPT Presentation

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The Most Costly and Affordable Luxury Cars to Maintain

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Title: The Most Costly and Affordable Luxury Cars to Maintain


1
The Most Costly and Affordable Luxury Cars to
Maintain
  • http//www.hanceseuropean.com/costly-affordable-lu
    xury-cars-maintain/

2
The Most Costly and Affordable Luxury Cars to
Maintain
  • Besides your house, the most expensive thing
    youll ever own is your car.
  • According to Your Mechanic, Americans spend 5 of
    their income on buying a car, with yet another 5
    going towards maintenance and insurance costs.
  • But when you have a luxury car, those costs go up
    because of the higher cost to buy them outright
    and the cost to keep them going on the roadways.
  • The parts are more expensive and the labor is
    more involved as well BMW Repair Dallas.
  • Lets take a look at which luxury cars are the
    most expensive vs. most affordable to maintain.

3
Leading the Charge
  • Luxury imports hailing from Germany tend to be
    the most expensive overall, with BMW and Mercedes
    taking top spots, at 17,800 and 12,900
    respectively.
  • This is based on average maintenance costs over
    10 years. Topping the domestic luxury brands is
    Cadillac at 12,500, followed by Volvo at the
    same price.
  • Audi is 5 at 12,400, while Volkswagen comes in
    at 22 for 7,800. Even though its not a luxury
    brand, the lowest car to maintain is Toyota at
    5,500.

4
Changing Value
  • Yes, luxury cars have the highest price tags in
    terms of maintenance, but the payoff in terms of
    performance, appearance and reliability far
    outweigh those costs at least according to
    their owners.
  • The cost of a car certainly changes with age,
    too.
  • The median annual cost of maintenance typically
    starts at less than 500 for the first year and
    increases to nearly 2,500 at year 20.
  • It seems the costs stay relatively low until the
    11th and 12th years of age, where they spike
    dramatically, then level off around year 13 and
    beyond.

5
Specific Models
  • In terms of specific models, BMW 328i earns the
    2 spot with maintenance costs over 10 years
    averaging about 15,600.
  • Mercedes-Benz E350 costs a little less, around
    14,700, while Audi A4 Quattro comes in at
    12,800. Volkswagen Passat averages 10-year costs
    of 11,600, with Mini Coopers at 11,200.
  • Keep in mind some of these prices are inflated by
    the high costs of one-time repairs, such as for a
    transmission rebuild. Volkswagen Jetta seems to
    be the most affordable choice in terms of
    maintenance, at 6,800 over 10 years Mercedes
    Repair Dallas.

6
What Contributes to Costs
  • Many car brands fall victim to the same types of
    failures time and time again, so you can actually
    track which problems plague which cars.
  • For example, BMW has a high issue frequency with
    the idler pulley, window regulator and drive belt
    tensioner for Mercedes-Benz, its the crankshaft
    position sensor.
  • All of that being said, theres a lot more to
    maintenance than the outright cost. One owners
    luxury car may drain the wallet because he
    doesnt take care of it, doesnt bring it in for
    regular service, and drives it hard over long
    distances.
  • Another owner may put fewer miles on her car,
    brings it in for regular service like clockwork
    and takes it easy when driving.
  • No matter what your case ism one things for
    sure regular maintenance is key to sustaining
    the life of your luxury car. Theres really no
    getting around it. Is it time to schedule an
    appointment for YOUR luxury car?

7
Contact Hances European
  • Conveniently located at 50 West Mockingbird Lane
    in Dallas, TX, we are easy to get to.
  • Schedule an appointment with us online or call us
    at 214-761-6597.
  • We are open for your convenience Monday-Friday
    8am-6pm. Contact us today to keep your luxury car
    purring like it should!
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