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Best 10, Worst 10 Cars for Repair Costs
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.
| More from Bankrate.com: • Top 10 Bargain Rides • How Far Can You Go On a Tank of Gas? • Threat May Make Car Dealer Refund Cash |
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 |
Rates
See today's average rates across the country.
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Loan Type Today Last Week 30 Year Fixed 5.15% 5.18% 15 Year Fixed 4.59% 4.64% 1 Year ARM 3.99% 3.91% 30 Year Fixed Jumbo 6.05% 6.07% 5/1 ARM 4.21% 4.27% 3/1 ARM 4.79% 4.85% Source: Bankrate -
Loan Type Today Last Week $30K Home Equity Loan 8.36% 8.41% $50K Home Equity Loan 8.37% 8.44% $75K Home Equity Loan 8.40% 8.47% $30K HELOC 5.24% 5.26% $50K HELOC 4.99% 5.01% $75K HELOC 4.99% 5.01% Source: Bankrate -
Loan Type Today Last Week 36 Month New Car Loan 6.91% 7.01% 48 Month New Car Loan 7.07% 7.17% 60 Month New Car Loan 7.12% 7.22% 36 Month Used Car Loan 7.40% 7.47% 48 Month Used Car Loan 7.51% 7.57% Source: Bankrate -
Card Type Today Last Week Business Credit Cards 9.69% 9.69% Low Interest Credit Cards 11.91% 11.91% Cash Back Credit Cards 12.36% 12.36% Reward Credit Cards 12.85% 12.76% Instant Approval Credit Cards 13.32% 13.32% Balance Transfer Credit Cards 13.46% 13.46% Source: CreditCards.com
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