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2023 BMW 7-Series

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Used luxury cars might seem like asmart investment.

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And for a handful of rare or collectible luxury vehicles, thats exactly what happens.

However, for most luxury cars, reality tells a different story.

Earlier models were also infamous for high-pressure fuel pump failures, causing pricey repairs and widespread recalls.

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Though electric cars havefewer moving parts, out-of-warranty battery replacements and specialized repairs can quickly add up.

High fuel costs and maintenance expenses further erode its appeal for buyers who want tosave money.

Maserati Ghibli

The Ghibli offers Italian style and speed, but it comes at a steep price.

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It loses nearly 64.7% of its value in five years, wiping out over $70,000.

Addexpensive maintenance and reliability concernsand its clear this Maserati is better admired than owned.

Maserati Levante

Another Maserati makes the list.

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Coupled with high maintenance and repair costs, its a luxury SUV that can quickly become a financial burden.

Frequent engine, suspension and electrical issues mean costly repairs are almost guaranteed.

Complicated electronics and delicate air suspension systems make it an expensive car to maintain once out of warranty.

When it comes to these vehicles, steering clear is thesmarter financial move.

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