Cheapest Cars to Own

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Sports Car — 2020 Fiat 124 Spider
5-Year Cost to Own: $40,558
The Fiat 124 Spider hit U.S. shores in 2017, returning after a 30-year absence from the U.S. market. The result of a collaboration between Fiat and Mazda, the Fiat 124 Spider is based on the Mazda MX-5 Miata, but with Italian styling and a Fiat drivetrain, suspension and tuning. Designed in Turin, Italy, the sporty Fiat features styling cues taken from the original 124 Spider, including a hexagonal upper grille, power domes on the hood and sharp horizontal taillights. The rear-drive 124 Spider gets power from Fiat’s 1.4-liter MultiAir Turbo 4-cylinder engine that produces 160 horsepower (164 in Abarth) and 184 lb-ft of torque, teamed with either a 6-speed manual transmission or a 6-speed automatic. The convertible top is manually operated — easily put up or taken down from the driver’s seat. This is the second consecutive year that the 124 Spider has been on this list of cheapest cars to own.

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