Cadillac vehicles are among the cheapest to maintain over a decade of ownership, a recent study by Consumer Reports states.
The study was conducted by collecting responses from vehicle owners who were asked to keep a record of how much they paid for maintenance and repairs over a 12-month period. There was a significant difference in costs between a five-year-old model and a 10-year old model, as older vehicles require higher levels of maintenance over time. The average cost to maintain a five-year-old vehicle was $208, while owners of a 10-year-old vehicle reported a mean cost of $406.
Cadillac vehicles proved to be the least expensive to maintain over the course of five years, with an average of $106 spent on repairs and maintenance annually. After the vehicle reaches the 10-year-old mark, that cost rose to $225 annually. Cadillac’s low average maintenance and repair costs indicate that vehicles are less likely to need major repairs over the course of a decade, requiring relatively cheap maintenance services instead, such as oil changes and regular fluid maintenance.
The second-best performing luxury brand was Lincoln, with an average of $116 in annual maintenance costs once the vehicle was five years old, and $306 after the vehicle reaches 10 years of age. BMW ranked as the most expensive brand to maintain, with an average maintenance and repair costs of $206 annually after five years and a whopping $911 per year after 10 years. Audi and Mercedes-Benz were within the top three most expensive vehicles to maintain, while Lexus ranked near the middle of the list.
Consumer Reports suggests that buyers in the market for a vehicle can save money by purchasing a pre-owned vehicle made by automakers with the lowest reported maintenance and repair costs. These vehicles will also have lower insurance and registration costs, further helping their owners save money.
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