Which cars require a lot of money to maintain: 4 main categories

When buying a car, drivers primarily pay attention to the appearance, comfortable interior, spacious trunk, and speed rather than practicality and reliability. It is difficult to predict which car will be the best long-term investment in the future.

Yahoo Finance has determined which categories of cars may cost you a forture in the long run. Experts assessed all the advantages and disadvantages.

Classic

According to the expert, spare parts for classic cars are often not produced in sufficient quantities, and even a minor breakdown can be a real problem. You will have to search for the necessary parts in specialized stores or online auctions for a long time. Given the age of the car, regular maintenance is required, which will also affect the price.

Limited access to spare parts leads to higher costs and longer repair times. This is especially true for vintage models that are no longer in production.

Luxury

For such cars, maintenance and repairs are more expensive because of the high-quality and unique parts. As soon as you buy a luxury car, your expenses will immediately increase due to regular maintenance. The cars are equipped with sophisticated electronic systems and special components made of high-quality materials that are expensive and require professional intervention.

Electric

Such cars help save a lot of money on fuel, but they may be unreliable. Repairs can be quite complicated and expensive due to special parts. Replacing the battery will be expensive, and the electric motor in general will cost a lot too.

A recent survey found that, on average, electric vehicles had 79% more problems than conventional gas-powered cars over the past three years.

Midsize sedans

Some sedans may have transmission or engine component problems, leading to frequent repairs. It may be better to buy an SUV or a compact car.

Regardless of which car you choose, it's important to know about potential problems right away to make the decision. Se sure to pay attention to how often you need to do maintenance and whether spare parts for your model are available.

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