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The Cayenne (10-year ownership cost: $20,552), Macan ($20,137), 911 ($18,231) and Panamera ($16,531) all made Motor1’s 20 Most Expensive Cars to Maintain list.
The cars that have the lowest cost of ownership typically get good gas mileage, have low maintenance costs and are proven to be reliable, based on customer and industry reviews.
This cost particularly affects low-volume manufacturers and models, most notably the makers of high end sports cars. However, larger companies such as Alfa Romeo and Peugeot have also cited costs of "federalizing" their vehicle lineups as a disincentive to re-enter the U.S. market. [13]
For example, a $40,000 car financed over 72 months at a 6% interest rate will cost nearly $52,000 — including sales tax, registration and other costs — by the time the loan is paid off.
Car finance comprises the different financial products which allows someone to acquire a car with any arrangement other than a single lump payment. When used, and for the purpose of assessing the private financial costs, one must consider only the interests paid by the car owner, as some part of the amount the owner pays each month for the finance is already embedded in the depreciations costs.
Car ownership is on the decline [23] but still 91% nationally. [24] Car ownership is universal, except in the largest cities where extensive mass transit and railroad systems have been built, [23] with lowest car ownership rates in New York City (44%), Washington, D.C. (62%), Boston (63%), Philadelphia (67%), San Francisco (69%), and Baltimore ...
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