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Thats one reason many millionaires drive regular cars rather than expensive luxury or sporty models.
In this respect, millionaires dont necessarily spend any more on car maintenance than the average driver.
But for those millionaires who want to drive anexpensive car, maintenance costs run a lot higher than normal.
For gas-powered cars, the cheapest to maintain included models made by Buick, Toyota, Ford and Chevrolet.
Some of the most expensive to maintain were made byPorsche, Mercedes-Benz and BMW.
Consumer Reports found that Porsche models cost an average of $14,090 to maintain over a 10-year period.
That compares to only $4,900 for Toyota.
The Porsche figure provided by Consumer Reports aligns with estimates from car experts.
To illustrate, the average cost to maintain a car nationwide is only around $650 to $800.
Maintaining a BMW is nearly as expensive.
It is recommended thatfull synthetic oilbe used for BMWs for superior performance and longevity.
Oil changes can range from $100 to $300, depending on the manufacturer and the specific model.
The cost varies based on the brand and the region where the service is performed.
High-performance tires that are common on luxury cars tend to wear out more quickly, necessitatingmore frequent replacements.
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