Huge repair bills for post 2006 cars causing even greater graduation to Collectible Cars.
by ROB HULL for THIS IS MONEY | November 10, 2020
These eyewatering repair bills lead to even more interest in Classic Cars
Whilst we have run a 1988 Lotus Esprit Turbo for an average of $220 (£120) per year for 3 years now, the bills for cars built after 2006 just keep mounting.
By contrast, a 2012 BMW 5 series managed $41,435 (£22,665) for an engine change, a 2014 Jeep Cherokee achieved $22,669 (£12,400) for a transmission change. A 2012 Ford Focus also managed to notch up $1939.92 (£1061.14) on just the brakes !.
No wonder so many people are graduating to cars that RISE in value as well as being MUCH< MUCH less expensive to repair than current cars.