Aug 2nd, 2007 by Scott Murphy
The parent company of this blog owns an interest in a site that sells high end auto parts. You would be amazed at the number of people who will buy a used luxury car and spend more on parts than the cost of the car. So imagine what it costs for a new car.
The Institute for Highway Safety conducted a study that fender benders involving luxury vehicles can break your bank. The institute conducted a series of four low-speed crashes on 11 2007 luxury vehicles. It found the Infiniti G35, which starts at $31,450, had the highest repair bill at nearly $14,000 in combined damages for the four tests. In one test involving the front-end, the G35’s bill was more than $5,000. This was on a fender bender 3-6 mph.
Next time you look for a car think about it.