Buyer Beware: 10 Most Expensive Cars to Own
You can purchase a previously owned luxury vehicle for much less than it originally cost, but be prepared to pay down the road.
Many of us may never know the feeling of driving off a dealer's lot in a brand-new six-figure luxury car. But you can pick one up a few years down the road for much less, when the original owner has moved onward and upward to a fresh new model. Before you make the plunge on a previously owned dream car, however you should know what you’re getting into -- and we don’t mean a sumptuously plush interior.
Although you may be able to purchase a high-end used car for a song, the steep cost of maintaining and driving it may have you singing the blues before long. The website 24/7 Wall Street compiled a list of what it says are the 10 most expensive vehicles to own, based on "true cost to own" data provided by Edmunds.
Of course, the list is heavy on the usual European suspects, especially Mercedes-Benz, whose models occupy four of the slots. Alpine, Audi, BMW, Range Rover and Lexus each have one model on the list, as does Nissan.
If you’re a car enthusiast, you can probably guess before hitting the jump which Nissan model fits with this exclusive list -- even without the easy hint from the photo above.
It could only be the GT-R, which at just over $100,000 with all the options isn’t out of place here, even though it comes in at No. 10 on the list. It’s also a technically sophisticated car that could cost a lot to repair.
Like all the vehicles on the most-expensive-to-own list, insurance premiums and the cost at the fuel pump are also big-budget items to consider so that your dream car doesn’t become a nightmare to own.
From least to most expensive, here are the 10 Most Expensive Cars to Own according to 24/7 Wall Street (you can read their full take here):
10. Nissan GT-R
2. Audi R8
Designed to fail. Mercedez Benz was, once a 2 generation car. Not so any longer. Just one example, the built in Tire Pressure Sensor. It is a Transponder, one for each wheel, powered by a CR 3025 battery, which seldom lasts more than a year. Nett result is you wind up replacing the entire sensor, instead of the battery, at least every 2 years, at a cost of approximately $400 per wheel. That is $1600 for 4 Wheel Sensors. Unsroupulous dealers take advantage of it to RIP OFF their customers, with the blessing of MERCEDEZ BENZ , Stuttgart. How do I know? I had a problem with my S430 within the first 3 months after I drove the Brand New Car out of the showroom. Repeated complaints to my dealer got me only Band Aid Fixes, that too until expiration of the Warranty. The very High Tech Improvements that influenced my purchase do not work anymore and MB USA is deaf to my complaints. Another worthless Feature is the COMMAND GPS. It has not worked properly from the day I drove the car out of the Showroom. Carefull the entire car is a HIGH PRICED LEMON!!!
Surprised to see so many Mercedes is that cause they break down an awful lot, with rip-off part costs and labor. Actually they dont have a very good frequency of repair record, well at least some of them. Go online check it out. I can understand the high cost due to dealer rip off fees. Ford truck dealer wanted 80 bucks to change my 10 dollar there cost fuel filter. I bought the filter 7.00 and 5.00 for a pressure release line tool. Saved a lot, but they still cant figure out why most of us dont go to the dealer.
Whats with the Alpina B7 is that cause no one ever heard of it and spend days looking for parts.
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