The most expensive thing most people own, after their house, is their car. On average, we spend 5% of our income on purchasing a car. Another 5% goes towards ongoing maintenance and insurance costs.
But not every car costs the same to keep it running.
The folks at www.yourmechanic.com have collected a massive dataset of the top 30 car brands to understand which vehicles have the highest maintenance costs. Here is what they found:
“Luxury imports from Germany, such as BMW and Mercedes-Benz, along with domestic luxury brand Cadillac, are the most expensive. A Toyota is about $10,000 less expensive over 10 years, just in terms of maintenance.
Toyota is by far the most economical manufacturer. Scion and Lexus, the second and third most inexpensive brands, are both Toyota subsidiaries. Together, all three are 10% below the median cost.”
Thinking about a new car? Why not a Toyota.
Browse our inventory now. You won’t be disappointed.