![\".\"](\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/04\/Range-Rover-Serenity.jpg\")
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GOBankingRates’ editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services – our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines<\/a> and our products and services review methodology<\/a>.<\/p>\n 20 Years Trusted by Are you in the market for a new luxury car? <\/p>\n As you head into retirement<\/a>, you might be trying to balance luxury and affordability. Here are five luxury cars that\u2019ll cost you thousands of dollars in retirement<\/a>.<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n Land Rover Range Rover<\/p>\n The Land Rover Range Rover<\/a> is one of the most expensive luxury cars to maintain over time. For one, repairs can cost thousands of dollars due to frequent air suspension failures, electrical system issues and transmission repairs. Regular maintenance can also run a high price tag, with the engine taking premium oil and specialized parts.\u00a0<\/p>\n \u201cThe Range Rover depreciates rapidly, partly because it is prone to numerous expensive issues,\u201d said Melanie Musson, auto industry expert with AutoInsurance.org<\/a>. \u201cUpkeep can cost you hundreds of dollars every month if you try to stick with a Range Rover long term.\u201d<\/p>\n \u00a0<\/p>\n Mercedes-Benz S-Class<\/p>\n The Mercedes-Benz S-Class<\/a> car can cost you thousands of dollars in retirement due to the high insurance rates. An average insurance package for the S-580 is $5,118 per year, per CarEdge<\/a>, which is double the average luxury sedan amount of $1,985.\u00a0<\/p>\n \u201cYou\u2019ll have a hard time denying how comfortable and enjoyable it is to drive an S-Class, but when it loses over 50% of its value over the first five years, that means if you buy a new model, you\u2019ll lose over $60,000 thanks to depreciation,\u201d Musson said.<\/p>\n Tesla Model X<\/p>\n Electric luxury cars, like the Tesla Model X<\/a>, can help you save on gas; however, they come with other hidden fees. Repairing the battery, which is the vehicle\u2019s main component, can cost nearly $20,000. Depending on the car\u2019s age and mileage, making this repair might not be worthwhile, costing you thousands.\u00a0<\/p>\n \u201cThe Model X costs less to maintain than similar vehicles, but those savings are quickly overshadowed by the rapid depreciation,\u201d Musson said. \u201cAfter five years, it\u2019s likely to be worth less than half of the new purchase price.\u201d\u00a0<\/p>\n Audi A6<\/p>\n A souped-up Audi A6<\/a> can run you a high monthly bill. With monthly payments of over $1,000, purchasing an Audi A6 might not make sense for your retirement lifestyle.\u00a0<\/p>\n Maserati Levante<\/p>\n The Maserati Levante<\/a> is no stranger to expensive maintenance. While maintenance costs over the 10 years might be reasonable, ranging between $596 to $1,825 annually (per CarEdge<\/a>), major service repairs can add up. For example, replacing front brakes and rotors often exceeds $3,000.<\/p>\n Editor\u2019s note: Each vehicle\u2019s average price was sourced from Kelley Blue Book.<\/p>\n","protected":false},"excerpt":{"rendered":"Commitment to Our Readers GOBankingRates’ editorial team is committed to bringing you unbiased reviews and information. We use…\n","protected":false},"author":2,"featured_media":387411,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[138,3944,246,3319,111,139,69,244,245,5099],"class_list":{"0":"post-387410","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-car","10":"tag-finance","11":"tag-gobankingrates","12":"tag-new-zealand","13":"tag-newzealand","14":"tag-nz","15":"tag-personal-finance","16":"tag-personalfinance","17":"tag-saving-money"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/387410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=387410"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/387410\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/387411"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=387410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=387410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=387410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"https:\/\/cdn.gobankingrates.com\/wp-content\/uploads\/2023\/11\/icon-20.svg?webp=1&quality=75\"){kind=icon}
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