Cheapest New Cars to Own

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Cheapest New Cars to Own
When it’s time to buy a new car, many consumers base their final decision on price alone — or that and the vehicle’s color. Unfortunately this approach leaves folks vulnerable to the many costs associated with owning a car beyond the purchase price, such as depreciation, insurance, maintenance and fuel costs. These additional expenditures can vary greatly depending on the vehicle purchased. Vehicle valuation company Kelley Blue Book has done extensive analysis to determine which cars are the least expensive to own over a five-year period, considering factors such as financing, insurance, state fees, fuel costs, scheduled maintenance and repairs, and depreciation.

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