Luxury Cars That Could Break the Bank
Luxury cars often represent performance, cutting-edge technology, and superior craftsmanship. But the reality of ownership can significantly impact your finances. Alex Black, automotive specialist and Chief Marketing Officer of EpicVIN, warns that potential buyers should consider the long-term costs before investing in a luxury vehicle.
“Luxury cars might be something to boast about, but few are worth their price,” Black said.
Here are some luxury cars that, according to Black, are best avoided because of their high costs.
Maserati Ghibli
The Maserati Ghibli, an Italian-made sports sedan, has an elegant exterior, but reliability issues make it a risky investment. Black noted that the cost of parts and maintenance can quickly accumulate.
Range Rover
The Range Rover, known as the original luxury SUV, can handle off-road adventures, but older models are prone to electric malfunctions, suspension failures, and oil leaks. These issues can lead to expensive repairs over time.
BMW 7 Series
The BMW 7 Series boasts innovative features, but these come with potentially high costs. Black stated that electronics fail, suspensions deteriorate, and even small jobs cost a great deal.
Cadillac Escalade
The Cadillac Escalade, while carrying a prestige badge, doesn’t always match its price tag. Black observed that it’s essentially a Chevy Tahoe with upscale branding, without the added value.
Jaguar XF
The Jaguar XF offers a pleasant driving experience, but persistent maintenance troubles overshadow its appeal. Black indicated that the transmission, electrical system, and expensive repairs make it a risk for longevity and peace of mind.
Mercedes S-Class
The Mercedes S-Class has notable features, but older models can be problematic. Black mentioned that maintenance can be costly, with potential issues like air suspension failures and expensive electronics repairs.
Audi A8
The Audi A8 is known for its comfort and style, but its lack of reliability can be a financial burden. Black says this can make long-term ownership costly.
Porsche Cayenne
While the Porsche Cayenne provides an exhilarating driving experience, Black noted that early models can suffer from engine troubles and expensive maintenance, which adds to the price of ownership.
Alfa Romeo Giulia Quadrifoglio
The Alfa Romeo Giulia Quadrifoglio is a high-performing car, but Black highlighted that it has a reputation for being unreliable. He added that computer errors and costly repairs can detract from its appeal.
This article was reviewed by an expert.
