The Luxury Car With The Lowest Maintenance Costs In 2024 | Cars & Technology

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Key Takeaways

  • Tesla Model 3 is the cheapest luxury car to own, beating Toyota Prius, with low repair costs and high reliability.
  • Despite rising repair costs, Tesla’s low maintenance fees make it a wise ownership choice, outperforming luxury competitors.
  • Although Lexus ES 350 offers reliability and comfort, Tesla Model 3 tops the list for inexpensive maintenance after a 10-year period.

On the surface, it’s not hard to see the appeal of delving into the luxury vehicle market. Aside from the prospect of a prestigious badge, luxury cars offer a level of interior quality and advanced technology that simply can’t be matched by mass-market brands.

That said, you get what you pay for, and more often than not, the higher purchase price is accompanied by higher running costs. That said, Tesla appears to be bucking this trend. The repair and maintenance aggregator CarEdge ranks the electric car manufacturer as not only the cheapest luxury brand to own but the Tesla Model 3 specifically is the least expensive vehicle overall to maintain over a 10-year period.

Related: These Are The Most Dependable Auto Brands, According To New Study

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Source www.hotcars.com

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