Vehicle maintenance costs can add up very quickly, which makes finding the right vehicle to fit your budget all the more important. Now, the Buick brand has been identified as offering some of the lowest vehicle maintenance costs over a ten-year period.
The determination was made by Consumer Reports and is based on member feedback in the organization’s Annual Auto Surveys.
Although Consumer Reports provides information on annual vehicle costs for new cars, the organization also found that there are significant differences in costs over a longer period of time. As cars age and warranty and free maintenance come to an end, the organization found that costs can rapidly increase.
The recent analysis includes a breakdown of costs between the one- and five-year mark, and the six- to 10-year mark. Among the brands studied, Buick had one of the lowest 10-year average maintenance costs, recorded at a total of $3,355 over the 10-year time period. That included an average of $650 spent between the one- and five-year mark, and $2,705 spent between the six- and 10-year mark.
The brand with the lowest total 10-year cost was Toyota, recorded at a total of $2,975, with $685 spent in the first one to five years, and $2,290 spent in the sixth through tenth year. Lincoln was second with a total of $3,305 spent, including $540 spent in the first one to five years, and $2,765 spent in the sixth through tenth year. Buick was third on the list. Mazda and Hyundai rounded out the top five with a 10-year average cost of $3,410 and $3,420, respectively.
The three car brands with the highest 10-year average cost were Volvo, Audi, and BMW at $5,040, $5,895, and $5,910, respectively.
Last year, Buick unveiled its new logo and brand identity, as well as a new all-electric vehicle concept dubbed the Wildcat EV. Looking ahead, Buick will launch its first all-electric vehicle in North America in 2024, and go fully electric across its lineup by 2030.