Cars costly to maintain and repair
Cars that are expensive to repair hit your budget with a double whammy. Not only do they come with more expensive insurance, but you'll have to foot the bill for the higher repair costs.
Cars that are expensive to simply maintain also slowly can suck your bank account dry over a number of years.
"Sports cars, vehicles that require parts from overseas, luxury cars and vehicles that require synthetic oil," tend to have high repair and maintenance bills, according to Ronald Montoya, consumer advice associate for Edmunds.com.
"Look for vehicles with a proven reliability record," he says. "Once you own the car, make sure you follow the manufacturer's maintenance schedule. This should help reduce the chances for repairs."
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