bagwell

http://autos.yahoo.com/articles/auto...t-cars-to-own/

I don't know what fuel cost ($ per gallon) this is based on...but I should kill all of them with my used 10 Prius I bought for $18K

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.
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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.

Note that with the lower-price class, you may also have to pay extra for automatic transmission, air conditioning and sometimes even a radio-not to mention such safety features as anti-lock brakes. Most are equipped with six standard airbags but only half have standard stability control. (The market price is the average transaction cost and reflects rebates; all vehicles have manual transmissions, unless otherwise noted. Source: Vincentric.)

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

Nissan's subcompact hatch, which gets 26 miles per gallon in the city and 34 mpg on the highway, hits the streets at a smidge over ten grand but offers a bigger interior than classmates Toyota Yaris and Honda Fit. Six airbags are standard on even the lowest trim, but you'll pay $250 extra for ABS.

Depreciation: $6,874 Fees & taxes: $905 Financing 5-year loan at 5.95%: $1,371 Opportunity cost of a 15% down payment: $452 Maintenance: $1,917 Repairs: $1,406


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

For under $11,000, the Accent boasts killer fuel economy of 34 mpg on the highway and 28 in the city. Even on the base model, optional equipment includes an iPod hookup ($35) and Bluetooth ($325). Six airbags are standard, but there’s no option for ABS.

Depreciation: $7,748 Fees & taxes: $822 Financing 5-year loan at 5.95%: $1,207 Opportunity cost of a 15% down payment: $423 Maintenance: $1,795 Repairs: $1,500



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

Chevy’s smallest car will be replaced next year by the Sonic, but for 2011 the little hatchback offers good interior space and cargo room -- 15 cubic feet with the 60/40 split rear seat up. Maintenance and repairs average just $3,000 for five years. Side airbags and six months of OnStar Automatic Crash Response are standard, but ABS and side-curtain airbags are not available. Mileage is 27 city, 35 highway.

Depreciation: $7,547 Fees & taxes: $919 Financing 5-year loan at 5.95%: $1,385 Opportunity cost of a 15% down payment: $451 Maintenance: $1,618 Repairs: $1,422

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

The return of the Fiesta to Ford’s lineup brings serious value -- and premium-car amenities -- to the compact category. A wallet-friendly price meets a peppy engine, an ultra-smooth manual transmission, and terrific handling. The SE trim offers Ford’s SYNC system (to connect phones and music players) as a $665 option. Even the entry-level Fiesta boasts a full complement of safety equipment: seven airbags (including a driver’s knee airbag), ABS, stability control and traction control. Mileage is 28 city, 37 highway.

Depreciation: $8,919 Fees & taxes: $1,063 Financing 5-year loan at 5.95%: $1,690 Opportunity cost of a 15% down payment: $467 Maintenance: $1,564 Repairs: $1,500


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

Its design is unmistakably Mazda, but the Mazda2 isn’t just a downsized Mazda3. Built on the same platform as the Ford Fiesta, this sporty hatch takes corners with ease, and it has a full line of standard safety equipment-- ABS, stability and traction control, and six airbags. Mileage is 29 city, 35 highway.

Depreciation: $8,405 Fees & taxes: $1,139 Financing 5-year loan at 5.95%: $1,864 Opportunity cost of a 15% down payment: $490 Maintenance: $1,613 Repairs: $1,627


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

The Yaris’s 1.5-liter, direct-injection four-cylinder engine pushes fuel economy to the max. The car gets 29 mpg in the city and 36 on the highway, giving it ultra-low fuel costs over five years compared with the competition. Good resale values give the car a leg up in our cost calculations. ABS and stability control are standard, as are six airbags.

Depreciation: $9,377 Fees & taxes: $1,089 Financing 5-year loan at 5.95%: $1,757 Opportunity cost of a 15% down payment: $463 Maintenance: $1,623 Repairs: $1,406


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 keeps even low-budget customers happy by offering many standard goodies -- auxiliary connections and USB ports for music, plus Sirius satellite radio (a subscription costs extra). Six airbags are standard on the base trim; stepping up to the LX ($15,690) gets you standard ABS. Mileage is 28 city, 34 highway.

Depreciation: $9,158 Fees & taxes: $966 Financing 5-year loan at 5.95%: $1,500 Opportunity cost of a 15% down payment: $458 Maintenance: $2,042 Repairs: $1,500


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

Kiplinger’s Best New Car for Teens makes boxy cool again. Along with its funky looks, the Soul has 19 cubic feet of cargo space and the most rear legroom in its class. It’s also an Insurance Institute for Highway Safety Top Safety Pick. All the safety equipment you’ll want is standard: six airbags, ABS, stability control and traction control. Mileage is 26 city, 31 highway.

Depreciation: $9,305 Fees & taxes: $1,381 Financing 5-year loan at 5.95%: $2,338 Opportunity cost of a 15% down payment: $487 Maintenance: $1,956 Repairs: $1,500


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

Proving that hybrids don’t have to break the bank, Honda’s Insight boasts estimated service costs (maintenance plus repairs) of just $3,149 for five years. Low fuel costs are a given, with 40 miles per gallon in the city and 43 on the highway. Automatic transmission, ABS, stability control, traction control and six airbags are standard.

Depreciation: $11,145 Fees & taxes: $1,381 Financing 5-year loan at 5.95%: $2,338 Opportunity cost of a 15% down payment: $487 Maintenance: $1,727 Repairs: $1,422


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

The Focus will get a redesign for 2012, but the 2011 version is already a solid value. The 2.0-liter engine puts out 140 horsepower but sips fuel politely -- it gets 25 mpg in the city and 35 mpg on the highway. Stability and traction control, ABS, and six airbags are standard.

Depreciation: $9,819 Fees & taxes: $1,101 Financing 5-year loan at 5.95%: $1,741 Opportunity cost of a 15% down payment: $490 Maintenance: $1,661 Repairs: $1,422

kikcaffine

iTrader: (3)

Shockingly enough I dont see the 1998 GS400 on there. What gives????

IS-SV

Predictable enough, doing it by the numbers.

bigbwb

did I read this right, the Yaris has direct injection? Possibly a typo?

bagwell

http://www.toyota.com/yaris/specs.html

LunaVyohr

Too bad that almost all of those cars are ****e.

jadu

iTrader: (42)

interesting cost(s) calculation

bigbwb

Direct Ignition is not Direct injection if I understand it correctly. For example, my Lexus IS has DI, but I was unaware of any US Toyota models that have it.

I think the info is incorrect.

mmarshall

While lists like these are a good general guide comparing one vehicle to another, don't forget that they, to an extent, are hypothetical numbers that you may or may not be able to actually duplicate. First, base-price/bare-bones models like these, with no options, are often difficult to find at dealershps......few buyers want them. Second, insurance costs can vary quite a bit by company...and that, of course, assumes you are a good driver without points on your record. Third, the fuel costs are based, of course, on EPA figures.....which you may or may not actually get, depending on driving conditions. Fourth, the real depreciation figure is what a dealer will actually give you on a trade-in or what someone will give you on a private sale, not necessarily the KBB/NADA figure. It may be more or less than the official book-figures. Fifth, especially for hybrids like the Insight, they don't take into account Federal/State tax credits for alternative-fuel vehicles or the value of HOV-Priviledges in money or fuel saved (some jurisdictions allow hybrids to avoid the regular gridlock-lanes and use the free-flowing HOVs).

IS-SV

The numbers are for comparison purposes only (and are reasonable apples to apples comparisons), informational at best.

Doesn't mean that most of want to be owning this class of car.

-J-P-L-

They estimatate 5 year maintenance and repairs for Yaris to total $3,029.00.

Wow.

My almost 5 year old Yaris has 102,000 miles (15K a year would be 75,000 miles which I assume is the example they are using).

With much more mileage, my total maintenance = $500 (20 oil changes) and $0 for repairs. And my car is in perfect running shape. Even my original brake pads are still at 40% at 100K.

Their estimate is 6 times what I have needed to pay and would be much more if they equaled my mileage.

Turbinator

Sure, but if you just need to get from Point A to Point B.. these will do it for minimal cost.

Turby

PhilipMSPT

iTrader: (5)

Their estimates are most likely based on recommended scheduled services and repairs/replacements at the dealership.

Those numbers are always inflated...

TwiBlueG35

With the oil price increasing lately, I would consider my next car to be with a small engine, but I don't like most of the cars on that list except one or two. Here are the ones I find both practical and good looking:

1. Mitsubishi Outlander Sport(it would be amazing if comes with Lancer Ralliart or Evo engine)
2. Nissan Juke(wierd frontend but also very unique, plus, the engine seems very good on paper)
3. Fiat 500(well not really practical, but only italian car I could afford here)
4. Honda CRZ(wish it would soon come with a turbo gasoline only engine)
5. Volkswagen Golf(GTI would be a nice choice if I could get one under invoice)

mmarshall

The Juke's turbo engine, though, requires premium, so at least some of the money you save by having a small engine and good mileage will go to higher fuel-costs. If the Juke's power is worth the extra gas-money to you (and, yes, that little engine does have some spunk), then go for it.