Big cars, big bills – Luxury doesn’t come cheap

Published: August 3, 2007, 6:54 am

Tags: bmw 3 series, acura tsx, lexus es, mercedes c class, infiniti g35, insurance institute for highway safety, repair bills, luxury cars

Expensive is not the word you will find in the dictionary of wealthy folks. For those who are looking to dip into the world of ultra expensive cars, a million doesn’t go as far as it used to. It might be too much of a surprise for some people that expensive cars are expensive to repair too. A luxury car doesn t only bring honor and style to the owner but also the repair bills in thousands of dollars to fix damage done by slight fender benders. A recent survey by the Insurance Institute for Highway Safety (IIHS) has promulgated the fact that the repair bills could be as high as $14,000 in case of some luxury vehicles involved in low-speed crashes of 3 to 6 miles per hour. The institutes carried out a series of four low-speed crashes on 11 2007 luxury vehicles. The repair bill of $14,000 for the Infiniti G35 looks fairly big when we see that the whole car sells for just $31,450. The Acura TL and Mercedes C Class asked for over $11,000 in repairs. The Lexus ES required

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