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- The most expensive cars to own include vehicles that have high insurance rates and require expensive maintenance, repairs, and fueling costs.
- They include vehicles from BMW, Porsche, and Mercedes-Benz.
- Visit Business Insider's homepage for more stories.
The average vehicle costs its owner $8,849 per year, according to an annual study by the Automobile Association of America.
That factors in all the costs associated with owning a vehicle, including maintenance and repairs, insurance, and fuel costs.
Seeking out a car that's cheap to own can save you thousands of dollars over the entire period of ownership. Your yearly vehicle ownership costs may be significantly lower if you drive a fuel-efficient sedan, for example. And if keeping expenses down is a priority for you, you're probably going to want to avoid the cars on this list.
When considering buying a new car, you need to look beyond the sticker price and consider the true cost of ownership, weighing in all the likely expenses you'll incur each year.
Here are nine of the most expensive cars to own - including one record-breaking vehicle - according to experts at JD Power.