After your home, the most expensive thing you are likely to own is your car. According to the U.S. Auto Loans Market Size and Household Spending Report and the U.S. Auto Insurance Market Size and Household Spending Report, the average expenditure on auto loans and auto insurance in the United States is $5,435.
With the average payment for vehicles being that high, the average cost of repair is also through the figurative roof. Of course, not every car costs the same to keep it running. That said, we can still conclude which brands cost the most to repair based on the data gathered.
The Top 10 Most Expensive Car Brands To Fix
| Maintenance Costs Over 10 Years | ||
|---|---|---|
| Rank | Car Brand | Cost |
| 1 | BMW | $17,800 |
| 2 | Mercedes-Benz | $12,900 |
| 3 | Cadillac | $12,500 |
| 4 | Volvo | $12,500 |
| 5 | Audi | $12,400 |
| 6 | Saturn | $12,400 |
| 7 | Mercury | $12,000 |
| 8 | Pontiac | $11,800 |
| 9 | Chrysler | $10,600 |
| 10 | Dodge | $10,600 |
Luxury brands from Germany as well as the United States dominate the list of the most expensive car brands to repair. These brands garner their repair costs from their designation as “luxury,” but also from the increase in maintenance costs over time.
As your car ages, the costs to maintain it increases $150 per year from years 1 through 10. From year 11 and 12, there is a significant jump in maintenance costs, but they plateau in year 13. In year 13, the repair costs settle around $2000 annually, which is likely to be more than the car’s value by that point.
Fear The Repair? DamagedCars Is Here!
Owning a high-end or a luxury vehicle means repair costs may take a JAWS-sized bite out of your pockets. With the way Life is set up, that can be a daunting threat looming over your shoulder.
DamagedCars is here to put those fears to rest. We specialize in providing an online solution for car owners who don’t want to deal with paying heavy repair prices.
When you visit our site, one of our representatives will connect with you. Trained to deliver exceptional customer service, these representatives will provide you with a quote for your vehicle within 90 seconds.
After you accept the offer, our reps connect you with one of our service providers. They schedule the vehicle’s pick up within 24-48 hours, free of charge. We also handle the title transfer, keeping the money you have in your pocket and ensuring you get the most bang for your less-than-perfect vehicle.
When the tow truck arrives, the driver presents you with a check at that moment. Instead of money going out of your pocket, we’re putting it directly into your hands!
Get an offer from DamagedCars today and see what your car is worth now.