The Real Cost of Owning a Luxury Car Over 10 Years [Yahoo! Finance Canada]
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PORSCHE AUTOMBL UNSP/ADR (POAHY)
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Source: Yahoo! Finance Canada
However, many prospective luxury car buyers often lose sight of significant expenses beyond the initial purchase price and premium fuel. I Have Driven Over 250 Car Models: These Are the 3 Best and Worst for Your Money Read More: 8 Best Luxury Cars for Wealthy Retirees The real cost of owning a luxury car includes things like depreciation, insurance, maintenance and repair costs and other factors contributing to the total ownership cost. Before purchasing a luxury car, it's important to consider all these aspects and ensure that the long-term financial commitment aligns with your budget and financial goals. ADVERTISEMENT Balancing the desire for indulgence with practical financial considerations over the life of your vehicle is crucial for making an informed decision. With that in mind, here are some things to consider before sinking a lot of your hard-earned money into elite vehicles over the next 10 years. The Real Cost of Owning a Luxury Car Over the Years While new ca
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