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created over 2 years ago | Tagged: |
Byron
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The price you negotiate for a car and the interest you pay on the car loan are only part of the cost equation. Insurance, depreciation, taxes and fees, what you pay over the years for fuel, service and repairs, and even the opportunity cost of the money you lay out as a down payment (what you'd make if you invested the money elsewhere) are all important ingredients in the cost of ownership....All the vehicles on the list are small — either compacts or subcompacts — because they tend to have the lowest market price, the best fuel economy, and reasonable insurance rates — since premiums tend to rise with horsepower.
Nissan Versa 1.6 Base 4dr... Market price: $10,922 5-Year fuel cost: $8,456 5-Year insurance cost: $4,851 Total 5-Year ownership cost: $26,233
Hyundai Accent GL 2dr hatch... Market price: $9,677 5-Year fuel cost: $8,085 5-Year insurance cost: $5,134 Total 5-Year ownership cost: $26,715
Chevrolet Aveo5 LS 4dr hatch.... Market price: $11,038 5-Year fuel cost: $8,171 5-Year insurance cost: $5,446 Total 5-Year ownership cost: $26,958
Ford Fiesta S 4dr... Market price: $13,212 5-Year fuel cost: $7,576 5-Year insurance cost: $5,623 Total 5-Year ownership cost: $28,402
Mazda2 Sport 4dr hatch... Market price: $14,625 5-Year fuel cost: $7,825 5-Year insurance cost: $5,630 Total 5-Year ownership cost: $28,593
Toyota Yaris 4dr.... Market price: $13,818 5-Year fuel cost: $7,737 5-Year insurance cost: $5,163 Total 5-Year ownership cost: $28,616
Kia Rio 4dr.... Market price: $11,824 5-Year fuel cost: $8,085 5-Year insurance cost: $5,447 Total 5-Year ownership cost: $29,157
Kia Soul 4dr hatch... Market price: $13,826 5-Year fuel cost: $8,771 5-Year insurance cost: $4,402 Total 5-Year ownership cost: $29,275
Honda Insight 4dr hatch.... Market price: $18,097 5-Year fuel cost: $5,955 5-Year insurance cost: $5,497 Total 5-Year ownership cost: $29,953
Ford Focus S 4dr... Market price: $13,643 5-Year fuel cost: $8,571 5-Year insurance cost: $5,484 Total 5-Year ownership cost: $30,290
Kia Soul 4dr hatch... Market price: $13,826 5-Year fuel cost: $8,771 5-Year insurance cost: $4,402 Total 5-Year ownership cost: $29,275
