Before you choose a car, it is important to have an idea of how much it will cost to own it. In addition to the cost of buying it, whether you pay for it outright or finance it, there are other expenses that you will have to consider. Some of these will be onetime expenses, some are ongoing and some are costs that you do not actually pay but rather, incur. These expenses include:
- Depreciation. Every car loses part of its value each year, adding to its total cost by the time you are ready to get a new one. This is an expense that you do not actually pay.
- Fuel and other fluids. These are an ongoing expense that may vary by driving habits (distance, speed, condition) as well as by location and market conditions.
- Repair costs. This can be both ongoing (regular maintenance and upkeep) as well as one time (if there is a problem).
- Storage or parking. This can be either a long term, recurring fee or a onetime fee depending on the situation.
- Of course, insurance. This is a regular, recurring expense and varies according to a number of factors.
Insurance for the Audi Models: They Wildly Vary
Like other car brands, the Audi name is attached to a number of different vehicle types from sporty cars to more luxury sedans and more. The cost of the insurance for each model of the Audi can vary by more than a few hundred dollars. Some averages:
- The average range of insurance: $1,548-$2,437
- The national average for auto insurance $1,600
- The highest insurance rate for an Audi is for the S8 model at $2,437
Problems and Other Considerations for Audi and Insurance Costs
All cars are rated by independent firms for their safety performance in crash tests as well as for their overall cost for repairs. They are also listed in terms of how frequently they are stolen nationwide. The results for Audi:
- There are no Audi models listed on the top 100 most commonly stolen vehicles.
- Audi models built before the 2004 model year performed poorly on rear crashes.
- All other Audis performed average to above average on crash tests.
- Five Audi models had top safety ratings for the model year 2009. Those are the: A6, the A3, A4, Q5 and the Q7
Repairs, Problems and Known Issues
When you are looking to buy Audi car insurance, you will also need to know if there are certain problems that might leave you at a higher risk of having an accident or cause a problem serious enough to result in a total loss of your vehicle. For the Audi:
- The A4 model had more than 1,500 reported problems, nationwide.
- The most common problem was in the electrical system, which led to 672 service claims.
- The second most common problem was the service brakes with 411 reported claims for service.