Cheapest Cars To Own

admin — Tue, 22 Feb 2011 22:54:48 +0000

What is the “real” price of a new car? The price you negotiate for a car and the interest you pay on the car loan are only part of the cost equation. You need to take into account the total cost of ownership (TCOE) to really get down to the facts about how much a car costs. You should add in some hard costs related to buying the vehicle, like depreciation, taxes and fees, as well as what you pay over the years for insurance, fuel, service and repairs. The opportunity cost of the money you used for the down payment is also an important ingredient in determining the total cost of ownership.

All the vehicles listed below are either compacts or subcompacts , o they are regarded as “small”, because they tend to have the lowest market price, the best fuel economy, and reasonable insurance rates. Insurance premiums tend to rise with the size and horsepower of the vehicle.

With some of these vehicles, and many others in the lower-price class, you may have to pay extra for automatic transmission, air conditioning and sometimes even a radio. Be sure to factor in those prices as well. Be sure to add in any safety features that are not included in the base price as well (such 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.)

You can read the full article here

http://autos.yahoo.com/articles/autos_content_landing_pages/1726/the-10-cheapest-cars-to-own/

Nissan Versa 1.6 Base 4dr

Market price: $10,922

Total 5-Year ownership cost: $26,233

Hyundai Accent GL 2dr hatch

Market price: $9,677

Total 5-Year ownership cost: $26,715

Chevrolet Aveo5 LS 4dr hatch

Market price: $11,038

Total 5-Year ownership cost: $26,958

Ford Fiesta S 4dr

Market price: $13,212

Total 5-Year ownership cost: $28,402

Mazda2 Sport 4dr hatch

Market price: $14,625

Total 5-Year ownership cost: $28,593

Toyota Yaris 4dr

Market price: $13,818

Total 5-Year ownership cost: $28,616

Kia Rio 4dr

Market price: $11,824

Total 5-Year ownership cost: $29,157

Kia Soul 4dr hatch

Market price: $13,826

Total 5-Year ownership cost: $29,275

Honda Insight 4dr hatch

Market price: $18,097

Total 5-Year ownership cost: $29,953

Ford Focus S 4dr

Market price: $13,643

Total 5-Year ownership cost: $30,290

Consumer Cars

admin — Fri, 31 Dec 2010 17:57:33 +0000

Welcome to Consumer Cars. We will be posting interesting articles related to shopping, buying and maintaining your car. Where should you be shopping for a car? How to get the best price? Where can you get your car repaired?

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