Foreign cars were more expensive to repair because their replacement parts had to be shipped in from all over the world.
On the other hand, domestic cars gained a reputation for being less reliable, and so more expensive to maintain over the full life of a car.
Are foreign cars more reliable?
American-made vehicles generally are cheaper for American consumers than foreign-made vehicles. This pricing difference is due to many factors, several of which have already been discussed. Quality of the build, fuel efficiency, and overall creation costs of foreign vehicles tend to increase the price.
Are foreign cars more expensive to insure?
Is it a foreign luxury car or an American made minivan? Often times a foreign car costs more to insure because the parts can be harder to get and less body shops may work on them. Model: SE, SEL, GT, are all different versions of the same model. The fancier your vehicle typically the more expensive it is to insure.
Why are foreign cars more expensive?
The short answer: Luxury cars are more expensive because of their limited production volumes. A lot of people believe that luxury cars cost more than regular cars because of their superior quality parts, their bigger and better options, because they’re made from more expensive materials, etc.
Do bigger cars cost more to insure?
Statistics prove smaller, sportier cars are driven at higher rates of speed by younger, riskier drivers. Because they’re involved in more accidents, they’re more expensive to insure. By that rationale, it stands to reason that larger vehicles such as SUVs would be less expensive to insure.