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There’s more expense to a car than the purchase price.
Anyone in the market for a new car this year should factor in a number of other costs, such as the interest rate on the loan, depreciation, reliability, fuel economy and — not to be overlooked — maintenance and repair.
Consumer Reports magazine says maintenance and repair costs combine to equal about 4 percent of the total cost of owning a car over the course of five years.
Maintenance includes scheduled work — like oil changes, tuneups, filter replacements and tire rotation — and unscheduled replacements such as batteries, brakes, tires and exhaust systems. Many repairs are covered by a new car’s warranty, especially in the first few years, but can mount up after the warranty expires.
Here’s a look at what are expected to be the 10 most expensive and the 10 least expensive 2008 model cars for maintenance and repairs over a five-year time frame.
10 most expensive
Ranking |
Make/Model |
Maintenance |
Repairs |
Total |
1 |
Dodge Viper |
$8,209 |
$2,114 |
$10,323 |
2 |
Jaguar XK-Series |
$5,456 |
$4,171 |
$9,449 |
3 |
Jaguar XJ-Series |
$5,299 |
$4,150 |
$9,449 |
4 |
Land Rover Range Rover Sport |
$4,910 |
$4,317 |
$9,227 |
5 |
Land Rover Range Rover |
$4,678 |
$4,317 |
$8,996 |
6 |
Mercedes-Benz SL-Class |
$5,963 |
$2,793 |
$8,756 |
7 |
Mercedes-Benz CL-Class |
$5,988 |
$2,742 |
$8,730 |
8 |
Land Rover LR3 |
$4,424 |
$4,213 |
$8,637 |
9 |
Audi RS4 |
$6,164 |
$2,442 |
$8,606 |
10 |
BMW Alpina B7 |
$6,018 |
$2,516 |
$8,534 |
10 least expensive
Ranking |
Make/Model |
Maintenance |
Repairs |
Total |
1 (tie) |
Suzuki SX4 |
$2,615 |
$596 |
$3,211 |
|
Honda Element |
$2,518 |
$693 |
$3,211 |
3 |
Nissan Versa |
$2,587 |
$654 |
$3,241 |
4 |
Hyundai Accent |
$2,724 |
$569 |
$3,355 |
5 |
Kia Sedona |
$2,786 |
$569 |
$3,355 |
6 |
Honda Pilot |
$2,678 |
$703 |
$3,381 |
7 |
Hyundai Veracruz |
$2,786 |
$611 |
$3,398 |
8 |
Suzuki XL7 |
$2,794 |
$609 |
$3,403 |
9 |
Honda CR-V |
$2,708 |
$703 |
$3,410 |
10 |
Mazda Tribute |
$2,686 |
$769 |
$3,455 |
Source:
Edmunds.com
* Figures assume 15,000 miles driven per year for five years
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