Compact Cars With the Lowest Ownership Costs

If you only focus on the price of a vehicle, you're overlooking a lot of other costs.

Most car shoppers don't realize that the true cost of a vehicle is much larger than the initial price paid. It includes things such as depreciation, fuel, insurance, repair and maintenance.

Over a five year period, a vehicle's ownership costs will easily outweigh the actual price you paid for it.

Kelly Blue Book, a leading provider of vehicle pricing information, released their rankings of ownership costs for compact cars and SUVs.

The winner in the compact car segment was the Toyota Corolla, with a total 5 year ownership cost of $32,811 - nearly $1,500 less expensive than the runner up.

For the compact SUV segment, the Hyundai Tucson achieved the number one ranking.

5 Year Ownership Costs: Compact Cars

Rank	Model	Five-Year Total Cost of Ownership
1	Toyota Corolla	$32,811
2	Hyundai Elantra	$34,123
3	Chevrolet Cruze	$34,705
4	Honda Civic	$36,344
5	Ford Focus	$36,591
6	Volkswagen Jetta	$36,865

5 Year Ownership Costs: Compact SUVs

Rank	Model	Five-Year Total Cost of Ownership
1	Hyundai Tucson	$38,735
2	Honda CR-V	$40,515
3	Nissan Rogue	$41,050
4	Toyota RAV4	$42,004

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