This is kind of a long-known fact, but there's some new data to back it up. Just because you pony up those extra tens of thousands of dollars for a luxury car doesn't mean you will get bumpers that protect you from damage any better. The Insurance Institute for Highway Safety (IIHS) just released a new report on the amount of monetary damages suffered by some luxury and near-luxury vehicles in low-speed impacts - parking lot mishaps and fender benders at 3 to 6 miles per hour. They found that in this group of cars, repair bills could be as high as $14,000! While that doesn't mean the passengers are inherently unsafe in these vehicles, the high repair costs can get people, well, a little upset.