Owning a high end vehicle in Canada comes with costs far beyond the purchase price. Insurance premiums, repair complexity, parts availability, fuel consumption, and winter related wear all add up quickly. Some vehicles are expensive because they are rare and powerful. Others because they are heavy, complex, or statistically more likely to be stolen or involved in costly claims. These ten vehicles consistently rank among the most expensive to insure and operate on Canadian roads.
Lamborghini Urus
The Urus blends supercar performance with SUV practicality, and insurers price it accordingly. Repair costs are enormous, parts availability is limited, and even minor body damage can turn into five figure bills. Add premium fuel, massive tires, and high theft risk in major Canadian cities, and annual ownership costs climb fast.
Porsche 911 Turbo
High performance sports cars always trigger high insurance premiums, and the 911 Turbo sits near the top. Its acceleration and replacement value make insurers cautious. Maintenance and repairs are not cheap, and winter driven examples often need more frequent suspension and brake work. It is a thrilling car, but never a budget friendly one.
Mercedes Benz G Class
The G Class is heavy, powerful, and expensive to fix. Insurance costs are driven by its high value and repair complexity, while running costs come from poor fuel efficiency and massive tires. In Canadian winters, its weight and electronics add stress to suspension and drivetrain components. It looks indestructible, but ownership costs say otherwise.
BMW M5
The M5 combines luxury with supercar level performance, which insurers treat as a risky combination. Claims involving M cars tend to be expensive, and repair costs rise quickly after even minor incidents. Fuel consumption, high performance tires, and complex drivetrains make it costly to run year round in Canada.
Range Rover Autobiography
Luxury SUVs are among the most expensive vehicles to insure, and the Range Rover sits near the top. Air suspension repairs, electronics issues, and premium parts drive up maintenance costs. Insurance premiums reflect both value and repair severity. Winter road conditions only accelerate wear on already complex systems.
Audi RS6 Avant
The RS6 offers supercar performance in a family wagon body, which sounds practical until insurance quotes arrive. Its power output, replacement value, and expensive components push premiums high. Fuel consumption and frequent tire replacement add to the running cost equation. It is an everyday supercar with everyday expenses to match.
Tesla Model S Plaid
Acceleration plays a major role in insurance pricing, and the Plaid delivers it instantly. Insurers factor in high repair costs, limited body shop availability, and expensive battery related repairs. Tire wear is rapid, and winter driving can shorten component lifespan. While it avoids fuel costs, overall ownership is far from cheap.
Ford F 150 Raptor
Performance trucks carry unique insurance challenges. The Raptor’s size, power, and high theft rates push premiums upward. Fuel consumption is significant, and replacement parts are expensive. In Canada, winter driving and off road use often increase wear and repair frequency.
Cadillac Escalade
Large luxury SUVs generate some of the highest insurance claims due to repair costs and theft risk. The Escalade’s size, technology, and premium materials make even small repairs expensive. Fuel costs are substantial, and winter driven examples often need frequent suspension and brake attention.
Chevrolet Corvette Z06
High horsepower and aggressive performance place the Z06 firmly in expensive territory for insurers. Tire replacement, brake servicing, and premium fuel costs add up quickly. While more affordable than European exotics, it still carries supercar level ownership expenses in a Canadian context.
Vehicles like these deliver performance, luxury, or presence that few others can match. In Canada, however, insurance premiums and running costs often matter just as much as horsepower or prestige. For buyers considering one of these machines, the real price of ownership starts long after the keys are handed over.
25 Facts About Car Loans That Most Drivers Don’t Realize
Car loans are one of the most common ways people fund car purchases. Like any other kind of loan, car loans can have certain features that can be regarded as an advantage or a disadvantage to the borrower. Understanding all essential facts about car loans and how they work to ensure that you get the best deal for your financial situation is essential. Here are 25 shocking facts about car loans that most drivers don’t realize:
25 Facts About Car Loans That Most Drivers Don’t Realize
