Recently, Forbes released a list of luxury car buys of the year with the data from Vincentric, which is based in Bloomfield Hills, Mich. In order to make this list Forbes used those analysts, which are tallied the cost of ownership for each 2013 or 2014 model year vehicle by evaluating manufacturer suggested retail price and five year totals for taxes, opportunity costs, interest, depreciation, average national insurance rates, repairs, maintenance and fuel costs.
Audi Q5 Diesel: The total Cost of Ownership is $57,315. Manufacturer suggested Retail Price (MSRP) is $50,000.
- Depreciation – $22,293
- Taxes or Fees – $3,463
- Fuel – $11,967
- Insurance – $8,125
- Maintenance – $4,616
- Opportunity Costs – $694
- Repairs – $3,248
Acura MDX: Total Cost of Ownership is $60,662 and MSRP: $50,565.
- Depreciation – $26,434
- Taxes or Fees – $3,550
- Fuel – $15,074
- Insurance – $5,722
- Maintenance – $3,867
- Opportunity Costs – $697
- Repairs – $2,303
Chevrolet Corvette: Total Cost of Ownership is $63,882, MSRP is $51,745.
- Depreciation – $27,135
- Taxes or Fees – $3,182
- Fuel – $15,082
- Insurance – $6,557
- Maintenance – $5,121
- Opportunity Costs – $702
- Repairs – $3,456
Acura RLX: Total Cost of Ownership is $64,274, and the MSRP is $50,950.
- Depreciation – $28,974
- Taxes or Fees – $3,451
- Fuel – $13,412
- Insurance – $8,136
- Maintenance – $4,692
- Opportunity Costs – $707
- Repairs – $2,007
Cadillac SRX: Total Cost of Ownership is $64,532, MSRP is $50,955.
- Depreciation – $26,910
- Taxes or Fees – $3,513
- Fuel – $15,741
- Insurance – $8,706
- Maintenance – $3,517
- Opportunity Costs – $736
- Repairs – $2,459
Audi A5: Audi’s A5 total Cost of Ownership is $65,045 and MSRP is $53,700.
- Depreciation – $27,802
- Taxes or Fees – $3,657
- Fuel – $11,804
- Insurance – $10,355
- Maintenance – $4,564
- Opportunity Costs – $742
- Repairs – $3,032
Mercedes E Class Diesel: Total Cost of Ownership is $65,586 and MSRP is $51,400.
- Depreciation – $32,465
- Taxes or Fees – $3,592
- Fuel – $9,477
- Insurance – $7,550
- Maintenance – $4,859
- Opportunity Costs – $670
- Repairs – $3,941
Infiniti Q50: Total Cost of Ownership is $65,778. MSRP is $52,400.
- Depreciation – $28,794
- Taxes or Fees – $3,330
- Fuel – $14,561
- Insurance – $10,359
- Maintenance – $3,974
- Opportunity Costs – $726
- Repairs – $1,261
Audi Q7 Diesel: The Audi Q7 diesel version total Cost of Ownership is $66,027, and MSRP is $52,900.
- Depreciation – $25,916
- Taxes or Fees – $3,658
- Fuel – $14,393
- Insurance – $8,159
- Maintenance – $6,795
- Opportunity Costs – $779
- Repairs – $3,248
Land Rover Range Rover Evoque: Total Cost of Ownership is $66,216. MSRP is $50,645.
- Depreciation – $31,493
- Taxes or Fees – $3,497
- Fuel – $13,909
- Insurance – $5,883
- Maintenance – $4,772
- Opportunity Costs – $692
- Repairs – $3,011
Forbes assumed an annual rate of 15,000 miles driven per car/vehicle and a price of $3.907 for diesel, $3.901 for premium and $3.566 for regular fuel. They applied a national average inflation rate of 3.5 percent for these fuel prices.