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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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