What Makes Luxury Car Brands so Costly?
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Toyota Engineering & Manufacturing (Toyota) is recalling certain 2022 Lexus LX 600, Lexus NX 350h, Lexus NX 450h+, Toytoa RAV4 Hybrid, 2021-2022 Lexus LS 500h, Toyota Mirai, RAV4 PRIME, Sienna, Venza, and 2020-2022 Toyota Highlander Hybrid vehicles. The Skid Control ECU software may not turn on the Vehicle Stability Control (VSC) system when the vehicle is restarted after the driver has disabled the VSC system. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 126, "Electronic Stability Control Systems."
Title | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total for 5 years |
---|---|---|---|---|---|---|
Depreciation |
Year 1 $2,474 |
Year 2 $2,284 |
Year 3 $2,093 |
Year 4 $1,903 |
Year 5 $1,713 |
Total for 5 years: $10,467 |
Insurance |
Year 1 $2,209 |
Year 2 $2,287 |
Year 3 $2,367 |
Year 4 $2,450 |
Year 5 $2,535 |
Total for 5 years: $11,848 |
Fuel |
Year 1 $1,013 |
Year 2 $1,043 |
Year 3 $1,080 |
Year 4 $1,123 |
Year 5 $1,174 |
Total for 5 years: $5,433 |
Maintenance |
Year 1 $910 |
Year 2 $1,300 |
Year 3 $1,082 |
Year 4 $1,577 |
Year 5 $1,438 |
Total for 5 years: $6,307 |
Repair |
Year 1 $292 |
Year 2 $508 |
Year 3 $567 |
Year 4 $698 |
Year 5 $842 |
Total for 5 years: $2,907 |
Taxes & Fees |
Year 1 $1,831 |
Year 2 $208 |
Year 3 $266 |
Year 4 $170 |
Year 5 $237 |
Total for 5 years: $2,712 |
Total for 5 years: $39,673
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