These seven cars may seem expensive, but they rarely need repairs
The average monthly car payment hit a record $736 in the third quarter of 2023 thanks to an average APR of 7.4% and an average MSRP just south of $48,000. With numbers like these staring back at them, buyers may assume that the lowest price in their chosen category is always the best option.
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However, when cheap means cheap, drivers spend more in the long run to pay for the endless repairs and maintenance that plague poorly made vehicles. Instead, they should consider the following cars, trucks and SUVs, which cost more than some similar models but save owners money over time by staying out of the shop.
Subaru’s flagship model starts at $28,895 — and you can certainly find cheaper midsize SUVs.
“The Outback is one of the most expensive crossovers,” said Melanie Musson, industry expert at AutoInsurance.org. “However, it’s worth spending a little more because they’re reliable. Their engines are excellent and they’re known for durability. The four-wheel drive and high ground clearance make them ideal for winter weather and back roads, and they hold their value, so you’ll get a lot back of what you bought one for.”
And the Outback wasn’t alone – the entire nameplate is known for reliability, long-term value based on durability, and of course, the popular standard all-wheel drive system.
“Subarus have a strong reputation for versatility and reliability,” said Mark Beneke, co-owner of Westland Auto Sales and a full-service repair shop in Fresno, California. “While they may not be the cheapest to work on, their engines and four-wheel drive systems are very durable, limiting the number of repairs needed. Plus, the four-wheel drive system makes these vehicles jacks of all trades.”
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GMC Sierra 1500
If you’re in the market for a pickup, you might cross the GMC Sierra 1500 off your list because its $37,200 starting price is higher than the Ford Ranger, Ford F-150, Chevy Colorado, Chevy Silverado, and Ram 1500.
But before you rule that out, keep in mind that GMC is asking more upfront for long-term reliability.
“GMC costs more than its competitors Ford and Ram, but it’s worth it,” Musson said. “When some trucks get a few years old, they’ll start to deal with annoying things like power outage to the door locks, rattling parts and other little issues. GMC goes above and beyond its competitors and puts as much effort into the details as they do the engine.
The Lexus name is synonymous with luxury, and the Lexus ES starts at more than $43,000. Still, it’s a bargain, when you consider how expensive luxury cars are to repair — and how rarely an ES is found in the shop.
“The Lexus ES is a smart buy in the luxury segment,” said Patrick Doornebos, owner and lead author of the automotive blog Car Triple. “It’s expensive up front but saves you money with its Toyota-derived reliability and low repair costs, not to mention its strong resale value. It’s a luxury car that’s cost-effective in the long run.”
Genesis G80 and G90
Just as Lexus inherits the famous reliability of its Toyota brand, the luxury Genesis nameplate is owned by Hyundai, another automaker known for its rare trips to the mechanic.
The G80 starts in the mid-$50,000s, and the G90 starts at under $90,000, besting even the Lexus ES — but sometimes higher MSRPs translate into better value in the long run.
“The perception of luxury cars as expensive upfront investments is often balanced by their reliability and lower frequency of required repairs,” said Frank De Mulder, 30-year auto industry veteran and owner of ClassicCarMaintenance. “Some notable models in this category for 2023 include the Genesis G80 and Genesis G90, which have been recognized for their reliability and luxury at a relatively affordable price compared to their counterparts.”
According to Kelley Blue Book (KBB), at least seven midsize sedans have a lower starting price than the Honda Accord, including the Subaru Legacy, Chevy Malibu, Hyundai Sonata, Kia K5, Nissan Altima, Toyota Camry and Volkswagen. Wagon Passat.
However, KBB still named the Accord its “Best Midsize Car of 2023.” “Accords are known for their longevity and minimal repair needs, making them a good value despite the high initial cost,” Beneke said.
Pretty much any electric vehicle
The electric vehicle market has welcomed many relatively affordable models in recent years, but they still cost more, on average, than comparable ICE models. But when you become an electrician, you leave behind the headaches and expenses inherent in even the best engines.
“Pretty much any model of electric vehicle is a prime example of a vehicle that may seem expensive at first, but can actually be economical in the long run due to minimal repair needs,” said Aidan Rushby, CEO and co-founder of the company. Carmola car financing platform. “Electric vehicles have fewer moving parts, which typically means fewer parts that can break down, resulting in lower repair costs. The cost of consumables such as tires, brake discs and pads will still be a consideration, and since electric vehicles typically Heavier than their combustion-engined counterparts, they may need to be replaced a little more frequently.But overall, taking fuel economy into account, an electric car can be a better choice in the long run.
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This article originally appeared on GOBankingRates.com: These 7 Cars May Look Expensive — But They Rarely Need Repairs