GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you might read more about oureditorial guidelinesand our products and servicesreview methodology.
That said, not all luxury vehicles are created equal, and some dont justify the hefty price tag.
Luxury cars might be something to boast about, but few are worth their price, he said.
Below are theluxury models he said are best avoided.
But Black warned that beneath its elegant exterior lies a car plagued with reliability issues.
That said, all those innovations can come at a price.
Electronics fail, suspension deteriorates andeven small jobscost an arm and a leg, Black said.
Post-warranty, the cost of owning a BMW 7 Series will escalate.
Furthermore, the Escalades reliability record isnt stellar, making it a costly and underwhelming choice.
When it comes to earlier models, however, the upkeep can inflate the price tag.
Plus, the complex electronics can make for some costly repairs in the long term.
But according to Black, its lack of reliability can make long-term ownership financially draining.
Its stunning looks and thrilling drive are spoiled by computer errors and costly repairs, Black said.
More From GOBankingRates
Share This Article:
