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HomeCarsTop 5 Affordable and Reliable Car Brands in 2024

Top 5 Affordable and Reliable Car Brands in 2024

In a tight economy, where the cost of living and car prices continue to rise, it is crucial to choose a vehicle that is both economical and reliable. A recent study reveals the five car brands that combine affordability and reliability, offering a solution for budget-conscious motorists.

The economic challenge of car purchases in 2024

Buying a car is now a significant investment for many households. Several factors explain this situation:

  • A 59% increase in new vehicle prices since 2019
  • A significant increase in the cost of repairs and insurance
  • High interest rates for car loans
  • Rachel Cruze, an American financial analyst, points out: “Every cost related to automobiles, from insurance premiums to repair services, has increased drastically in recent times.”

    Reasons for the increase in the cost of repairs

    Several factors contribute to the increase in maintenance costs:

  • A shortage of qualified mechanics
  • Heavier and more complex vehicles
  • The use of new materials and manufacturing methods
  • Difficulties in supplying spare parts
  • In addition, the average age of the vehicle fleet continues to increase:

  • 12.6 years in the United States in 2024
  • 12.3 years in the European Union
  • More than 14 years in Spain
  • The 5 car brands that combine economy and reliability

    According to a study by Consumer Reports, here are the five brands offering the best compromise between purchase cost and reliability over 10 years:

    1. Tesla

  • Cost from 1 to 5 years: 580 euros
  • Cost from 6 to 10 years: 3,455 euros
  • Total cost over 10 years: 4,035 euros
  • 2. Buick

  • Cost from 1 to 5 years: 900 euros
  • Cost from 6 to 10 years: 4,000 euros
  • Total cost over 10 years: 4,900 euros
  • 3. Toyota

  • Cost from 1 to 5 years: 1,125 euros
  • Cost from 6 to 10 years: 3,775 euros
  • Total cost over 10 years: 4,900 euros
  • 4. Lincoln

  • Cost from 1 to 5 years: 940 euros
  • Cost from 6 to 10 years: 4,100 euros
  • Total cost over 10 years: 5,040 euros
  • 5. Ford

  • Cost from 1 to 5 years: 1,100 euros
  • Cost from 6 to 10 years: 4,300 euros
  • Total cost over 10 years: 5,400 euros
  • The importance of regular maintenance

    Despite the reliability of these brands, regular maintenance remains essential to extend the life of the vehicle. It is recommended to:

  • Respect the revision schedule recommended by the manufacturer
  • Perform oil and filter changes at recommended intervals
  • Monitor tire wear and replace if necessary
  • Be alert to warning signs of mechanical problems
  • By choosing one of these brands renowned for their reliability and ensuring regular maintenance, motorists can hope to significantly reduce their ownership costs in the long term. This approach makes it possible to reconcile a controlled budget and sustainable mobility, a crucial issue in the current economic context.