31 Things That Are Not Worth the Money

Luxury Cars

Cadillac Escalade: $73,995

There are some pros to buying a luxury car, but they don’t outweigh the costs associated with owning one. Most luxury cars are made with higher quality materials, have better handling and might provide a better ride than a mid-level car. However, luxury models of mid-level brands often come with the same bells and whistles as a luxury car for less.

For example, a Cadillac Escalade and Chevrolet Tahoe share many mechanical components, but the Escalade starts at $73,995, while the Tahoe starts at $47,215. There are also additional increased costs that come along with having a luxury car. Most require premium gas, come with higher insurance rates and have more expensive replacement parts and repair costs than a standard vehicle.