Luxury cars represent premium style, comfort and performance. They are equipped with top notch amenities that help them tick many boxes in what one might want in a car, where money is often not an issue. They are redefining the journey, whether it is a short trip or a long road trip. Still, many people are afraid to buy luxury cars.
Some might not appreciate the attention they get because of their head-turning looks, but most are put off by the high sticker prices and high cost of ownership. But luxury cars aren’t just for the rich! If you are going to dig deep into the auto market, you can get yourself a good luxury car deal and enjoy all the pitfalls of luxury living without hurting your pockets. We’ve rounded up a few luxury cars that aren’t expensive to own, not necessarily the cheapest to buy, but those whose high reliability and low running costs will make you spend less over time.
ten Cadillac CT4 (10 year maintenance cost – $ 9,161)
The Cadillac CT4 is the compact luxury sedan that replaced the retired ATS. The car sits below the CT5 in the Cadillac hierarchy, and it comes in three trims, starting at $ 33,395 on the base luxury version. A Cadillac CT4 will cost you about $ 9,161 for maintenance and repairs during the first ten years of service. That’s about $ 2,543 less than the industry average for luxury sedans and over $ 3,000 less than the Cadillac average.
You also get a car with agile handling and a sharp, attractive styling to compete with its European rivals.
9 Acura MDX (10 year maintenance cost – $ 9,820)
The MDX is Acura’s flagship SUV, and while not quite as noble as some of its competitors, it prides itself on a high-tech interior, clean styling, and a surprisingly agile chassis. With an estimated first ten-year maintenance cost of $ 9,820, the Acura MDX beats the industry average for luxury SUVs of $ 5,640.
Additionally, the MDX ranks second out of 14 among mid-size luxury SUVs, with a reliability rating of 4.0 out of 5.0. Significant problems are not common and the severity of repairs is low with medium frequency of maintenance.
8 Lexus RX450h (10 year maintenance cost – $ 7,634)
The RX 450h follows in the footsteps of the RX 400h, the first luxury hybrid manufactured by Lexus in 2006. The new car has undergone constant improvements over its predecessor, and now it’s impeccably designed with generous passenger space and smooth power. . with excellent energy efficiency. Most of the competition has gone hybrids as well, but the RX 450h remains a perfect choice. According to a repairman, the car ranks first among mid-size luxury SUVs with a reliability rating of 4.0 out of 5.0.
With a maintenance cost of $ 7,634 over ten years, you’ll spend $ 7,826 less than the average cost of luxury SUVs. Additionally, the RX 450h is 19% less likely to require major repair than other vehicles in the class.
seven Tesla Model Y (10 year maintenance cost – $ 4,732)
The Tesla Model Y is practically a Model 3 that morphed into a crossover by stretching a few inches vertically, so you get all the benefits of Model 3 with some extra space. Filling the niche of electric crossovers is good news for Tesla as they can now attract more buyers. The car has impressive performance and soothing battery life, making it a great choice for entering the world of electric vehicles.
Despite its high MSRP, the Model Y is very inexpensive to maintain, with an average expected annual maintenance cost of $ 217. Its expected 10-year cost of $ 4,732 is $ 10,728 less than that of the average luxury SUV.
6 Lexus ES 300h (10 year maintenance cost – $ 5,662)
The Lexus ES 300h delivers unpretentious hybrid luxury in a balanced blend of elegance and efficiency. Isn’t that all we ask in a car? With its sleek, coupe-like silhouette and provocative grille pattern, the 300h shines just about anywhere, in keeping with Lexus tradition. The interior is expensive and comfortable with plenty of standard safety features, at an attractive starting price. Besides the luxury of plush driving, there is an inexpensive sedan to maintain.
With an estimated 10-year maintenance cost of $ 5,662, the Lexus 300h is $ 6,042 less than the average cost of luxury sedans.
5 Tesla Model S (10 year maintenance cost – $ 4,566)
Tesla has been selling the Model S since 2013, giving them plenty of time to polish it and perfect its production. It’s safe to say that the car cemented Tesla’s legacy, and we probably wouldn’t have the rugged electric car scene we have today if the Model S had never been made. The current iteration is still a desirable EV with a range of 412 miles and a blazingly fast 1,020 horsepower Plaid version.
While the Model S comes with a hefty sticker price, it’s cheap in the long run, with a maintenance cost of $ 4,566 over ten years; $ 7,138 below the luxury sedan average. Additionally, the car has an 8.64% low probability of needing a major repair. The base long-range model has an impressive 121 MPGe in town.
4 Acura ILX (10 year maintenance cost – $ 7,104)
Acura is only the cheapest luxury brand to maintain behind Tesla and Lexus, and the Acura ILX is their best model in this regard. The ILX is a compact luxury car offered at a low starting price of $ 26,500, cheaper than most of the high-end brand competitors. If you thought that everything cheap is expensive to maintain, we urge you to reconsider your position as the Acura is very reliable, ranking 2nd out of 17 compact luxury sedans reviewed by a repairman.
The Acura ILX will also use around $ 7,104 in maintenance costs for the first ten years of ownership, which is $ 4,600 less than the industry average for luxury sedans.
3 Lexus IS 350 (10 year maintenance cost – $ 5680)
This mid-size luxury sedan sports sharp, aggressive styling and a premium interior, making it a top contender among compact luxury sedans. The latest model features significantly improved handling and high ride quality, smooth and comfortable, even on bumpy roads. You also get more features for the money you pay compared to its German rivals. But the strongest statement of value is made by the car’s admirable reliability.
JD Power gives the car an 86% rating, which is pretty good. Plus, it will only cost $ 5,680 to service the IS 350 for the first ten years of ownership, $ 6,024 less than the industry average for luxury sedans.
2 Lexus ES 350 (10 year maintenance cost – $ 5,488)
This car is the fourth Lexus on our list, and for good reason. The luxury brand of Toyota offers amazing cars with fantastic performance and admirable durability. In addition, they come with widely available parts; mechanics don’t charge a high premium, so Lexus repair is often a low-cost endeavor. The Lexus ES 350 is no exception as it is quite reliable as it ranks 4th out of 31 luxury mid-size sedans. It beats the industry’s ten-year average maintenance cost of $ 6,216, according to Car Edge.
JD power gives the car an expected reliability score of 84, which is respectable and shows that you can expect less frequent visits to the mechanic.
1 Tesla Model 3 (10 year maintenance cost – 3,587)
The Tesla Model 3 is an electric vehicle with rugged motors that deliver premium mileage and range, making it relatively affordable to purchase and inexpensive to maintain. The car is fast, fun to drive, has top-notch high-tech features, and has a better range rating than its direct competitors. The various versions of the Model 3 have an EPA rating of between 113 MPGe and 141 MPGe. While the base model starts at $ 39,990, ten-year maintenance costs are the lowest of any luxury car segment.
The Model 3 will set you back $ 3,587 in the first ten years of ownership, which is $ 8,117 less than the average luxury sedan. Plus, with the Long Range trim, you get an eight-year or 100,000-mile powertrain warranty, which is among the best electric vehicles.
sources: caredge.com, repairpal.com, hotcars.com, jdpower.com
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