Owning a Rolls-Royce: the real costs of maintenance, insurance, and daily driving

Rolls-Royce is a highly desirable luxury car to own, but what are the costs when it comes to maintenance, insurance, and daily driving?

The purchase price alone can be eye-watering, but the expenses don’t end there.

Hidden costs like repairs, services, gas, and insurance can all add a lot to your costs.

So how much do you have to spend to feel like James Bond and own a Rolls-Royce?

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Roller maintenance

Cars need care and check-ups at different points in the year, and Rolls-Royces are no exception.

Sometimes they need daily checks like tire pressure and fluid levels, while others can be done on an annual basis, like engine oil.

The average cost of repairs for a Rolls-Royce usually falls in between $3,872 and $6,454 a year, according to Scuderia Car Parts.

Oil changes alone could set you back around $645.

Obviously, that depends massively on the model of car you’re driving.

Mileage and age will also factor into costs.

The Rolls-Royce Ghost, one of the priciest luxury cars on the market, costs north of $3,872 for maintenance each year.

Rolls-Royce Insurance

There’s also no one-size-fits-all estimate for how much insurance on a Rolls-Royce would be.

The car’s make, model, and age are taken into account, in addition to the age of the driver, their regularity of use and their previous driving history, among other things.

However, the average is estimated at around $9,648 a year by CarEdge.

And that’s based on an assumption that the buyer is 40 years old with full coverage, and drives an average of 13,000 miles a year.

This is $6,753 pricier than other luxury brands.

If we take a closer look, we can see the Wraith has higher insurance rates than the Ghost.

A good driver could expect to pay $12,224 for the privilege of being insured with the Wraith, but a recent accident could bump that figure up to $17,949.

And if you have poor credit, you could end up shelling out a whopping $20,998.

Ouch indeed.

Daily driving and gas

Say you wanted to have a Rolls as your daily driver, to feel a touch of class in your day-to-day life.

How much would that set you back in terms of filling up your tank?

Let’s start off with the Ghost.

According to Sust-it, this is the most fuel efficient Roller and comes in at $4,538.49 worth of gas a year.

And which one will hit your wallet hardest at the pump?

That would be the Corniche, weighing at $6,335.67 a year.

By way of comparison, a Maserati Ghibli owner would be paying $3,050 a year for fuel, and a Ferrari Roma would come in at $3,250.

So, the Rolls-Royce does cost more than a lot of other luxury car brands.

But it has an elegance that is hard to beat, right?

So you definitely get your money’s worth.

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