The Full Cost That Comes With 5 Premium Cars -- Can You Afford Them?
Owning a luxury car comes with cachet, and for good reason. High-end models can offer unmatched performance, cutting-edge technology and a level of craftsmanship that turns driving from something to be endured to a pleasurable experience. However, not all of them are made equally or worth your money
Alex Black, seasoned automotive specialist and chief marketing officer of EpicVIN, said if buyers aren't careful, the costs of owning a luxury vehicle can exceed the MSRP, thanks to maintenance and repairs. These little financial shocks down the road can greatly outweigh the comfort and performance of your car purchase.
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"Luxury cars might be something to boast about, but few are worth their price," he said. Below are the premium models he said are best avoided.
1. Audi A8
Starting MSRP: $96,395
The Audi A8 -- a spacious luxury sedan with all-wheel drive chassis -- is a dream to handle on even winding roads, making it a comfortable and stylish drive. But according to Black, its lack of reliability can make long-term ownership financially draining.
2. BMW 7 Series
Starting MSRP: $100,850
With innovations like LED door projectors, an interaction bar with touchscreen controls, a cutting-edge operating system and a 31-inch theater screen with 8K resolution for rear passengers, the BMW 7 Series impresses with high-tech features and elevated comfort. That said, all those innovations can come at a price.
"Electronics fail, suspension deteriorates and even small jobs cost an arm and a leg," Black said. "Post-warranty, the cost of owning a BMW 7 Series will escalate."
3. Porsche Cayenne S
Starting MSRP: $105,950
The Porsche Cayenne is a thrilling luxury SUV, but according to Black, early models suffer from reliability problems.
"Even though it offers a wonderful driving experience, the early models of the Cayenne face engine issues, heavy maintenance bills and expensive spares," he said, meaning costs can quickly add up long after the initial purchase.
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4. Land Rover Range Rover
Starting MSRP: $115,450
The Range Rover is the original luxury SUV, and while the U.K.-made car is renowned for its impressive handling, even off-road, older models come with significant drawbacks, according to Black. He noted that as it ages, the model is prone to electric malfunctions, suspension failures and oil leaks.
"Range Rovers are wonderful to drive in their prime, but their maintenance in the long term will strip your pocketbook," he said.
5. Mercedes S-Class
Starting MSRP: $120,600
The Mercedes S-Class has some excellent touches, like an OLED touchscreen that can personalize up to 800 settings -- ensuring the car is customized to each driver's taste. When it comes to earlier models, however, the upkeep can inflate the price tag.
"Old S-Class models get really expensive with maintenance," Black explained, noting that as they age, S-Class cars can be prone to air suspension failures. Plus, the complex electronics can make for some costly repairs in the long term.
Caitlyn Moorhead contributed to the reporting for this article.
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Editor's note: Car prices were sourced from Kelley Blue Book for 2026 models.
This article was provided by MoneyLion.com for informational purposes only and should not be construed as financial, legal or tax advice.
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