According to Edmunds and 24/7 Wall Street, the most affordable way to own a luxury car is to make sure you buy a used one due to heavy depreciation. But just buying the top luxury cars is not the only expensive part of owning them due to higher insurance, maintenance and fuel costs. They are significantly more expensive to own than some of their lesser luxury class cousins. If you are looking to save money overall, these top most expensive cars to own should be left to those who don’t mind shelling out the extra money for them.
10. The Nissan GT-R is in tenth place of the most expensive cars list. This two door all wheel drive coupe has a purchase price of $91,830 and a true cost of ownership of $117,892. Maintenance costs are one of the deciding expenses for this Nissan to earn tenth place.
9. The Land Rover Range Rover four door SUV with four wheel drive. This luxury SUV has a purchase price of $88,862and a true cost of ownership of $118,158. An expected 14 miles per gallon will add up to investing heavily in fuel.
8. The BMW ActiveHybrid 7. This four door sedan sounds as if it would be economical with a purchase price of $101,545 and true cost of ownership of $122,076 and 20 miles per gallon expected. The overall ownership cost cancels out the economy.
7. The Mercedes-Benz G-Class four door SUV four wheel drive. While the purchase price is $108,900 and true cost of ownership is significantly higher at $126,714. It’s the 13 miles per gallon that will kill most American drivers budgets.
6. The Lexus LS 600h L four door sedan with all wheel drive is Lexus’ most expensive vehicle to own. The purchase price is $119,019 and the true cost of ownership is $129,542.
5. Mercedes-Benz makes another showing in the top ten most expensive cars to own in America list with the SL-Class SL550 two door convertible. The purchase price is $106,718 with a true cost of ownership of $129,588. It has unusually high insurance rates and financing interest fees.
4. Mercedes-Benz shows up again with the CL-Class CL550 4MATIC two door coupe with all wheel drive. The purchase price for this version is $121,671 with a true cost of ownership at $142,558.
3. BMW makes another appearance in the top ten list also with the ALPINA B7 SWB four door sedan. The purchase price is $133,445 and true cost of ownership at $153,150. Surprisingly for the price, it has some of the lowest value scores out of the other top ten most expensive to own cars.
2. The Audi R8 5.2 Quattro two door coupe all wheel drive is vying for first place with a purchase price of $170,175 and true cost of ownership of $193,429. The maintenance costs to this vehicle puts it at such a high ranking.
1. Mercedes-Benz SLS AMG is the most expensive to own car in America. This two door coupe has a purchase price of $210,875 and true ownership cost of $245,469. Part of this expensive is due to heavy depreciation.