The Estimated Total Cost to Own a Buick Enclave
The Buick Enclave is a popular choice for those seeking a mid-size SUV that offers luxury, space and top-notch performance. With that said, many factors play a role in the actual cost of the vehicle.
Purchase Price of the Buick Enclave
The starting MSRP for a new Buick Enclave is around $44,000, but this can vary based on trim levels and optional features. Higher trims and packages can push the price closer to $55,000. The mid-range price of the Enclave costs around $48,000.
Insurance
Insurance costs for the Buick Enclave will depend on several factors, including the driver’s age, location, driving history and the specific model and trim of the vehicle.
- Estimated Annual Insurance Cost: $1,200 – $1,800
Over a five-year period, insurance costs can total between $6,000 and $9,000, so it’s crucial to shop around for insurance quotes and consider factors like coverage limits and deductibles to find the best policy for your needs.
Fuel Costs
The Buick Enclave is equipped with a V6 engine that offers reasonable fuel efficiency for a mid-size SUV. According to the EPA, the 2023 Buick Enclave has an estimated fuel economy of 18 MPG in the city and 26 MPG on the highway.
- A driver with average annual mileage of 12,000 miles and average per gallon fuel costs of $3.50
- will use about 545 gallons and spend about $2,000 on fuel annually, or $10,000 over five years of ownership.
Maintenance and Repairs
The Buick Enclave typically incurs higher maintenance and repair costs due to its advanced technology and high-quality components. Buick offers a four-year/50,000-mile warranty that covers numerous repairs, but owners should expect increased expenses after the warranty expires.
- Average Annual Maintenance Cost: $1,000 – $1,500
- Average Annual Repair Cost: $500 – $700 (post-warranty period)
- Assuming the warranty covers the first four years, the estimated costs over a five-year period would be:
- First Four Years: $1,000 * 4 = $4,000 (maintenance only)
- Fifth Year: $1,000 (maintenance) + $600 (repairs) = $1,600
The total maintenance and repair costs over five years would be approximately $5,600 – $6,600.
Depreciation
Like other vehicles, the Buick Enclave will lose its value over the years, with an estimated 40 percent on new vehicles. At a purchase price of $48,000, a pre-owned Buick Enclave would be valued at roughly $28,800.
Total Cost Breakdown
Combining all these costs provides a comprehensive view of the total cost to own a Buick Enclave over five years:
- Purchase Price: $48,000
- Insurance: $6,000 – $9,000
- Fuel: $10,000
- Maintenance and Repairs: $5,600 – $6,600
- Depreciation: $28,800
The long-term costs of a Buick Enclave go far beyond the purchase price, especially if you’re buying new. However, by purchasing a pre-owned Buick Enclave here at Easterns Automotive, you can take advantage of the steep discount someone else already paid for through depreciation.
Long-Term Reliability of the Buick Enclave
There aren’t that many compelling arguments in favor of buying new. Advocates suggest that a new car will cost less to repair and maintain because breakdowns are less likely, and you won’t need to invest in any big milestone maintenance services for a few years. While that may be true in theory, those minor savings don’t make up for the massive value drop-off caused by depreciation.
The truth is there’s very little difference in performance or reliability for a car that’s only three or four years old and has fewer than 60,000 miles on it. Buyers are getting essentially the same vehicle with all the modern bells and whistles at a fraction of the price.
Discover the Perfect Buick Enclave at Easterns Automotive, Where “Your Job Is Your Credit”
At Easterns Automotive, with locations in Virginia, Maryland, and Washington D.C., we offer a wide selection of high-quality pre-owned vehicles, including models like the Buick Enclave. Our devotion to customer satisfaction has earned us the “consumer satisfaction award” seven years in a row, so you can rest assured that we will go above and beyond for your needs.
Browse our inventory today or call us at 877-867-0641 to start searching for your dream Buick Enclave.
