Vehicles with the Lowest Ownership Costs

Most car shoppers focus too heavily on the price of a vehicle, and don't take into account the total ownership costs.

Depreciation cost is actually the largest expense when it comes to buying a new car. When you sell a vehicle later down the road, that loss in value is the depreciation cost. Some cars that are priced higher may hold their value better, costing you less over the long term when compared to a lower priced model.

Other costs such as fuel expenses, maintenance, repair, financing, and insurance also have a significant impact on your overall costs.

This week, Kelly Blue Book revealed their 2012 Total Cost of Ownership Award winners. The awards honor current vehicles with the lowest projected ownership costs in their class for the initial five-year ownership period.

It's really important to consider these overall costs when shopping for a vehicle. Take a look at the winners and make sure they're on your consideration list.

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SUBCOMPACT CAR: Nissan Versa	COMPACT CROSSOVER: Nissan JUKE
COMPACT CAR:  Kia Soul	CROSSOVER: Hyundai Santa Fe
MID-SIZE CAR:  Hyundai Sonata	LUXURY CROSSOVER: Lexus RX 350
FULL-SIZE CAR:  Chevrolet Impala	MID-SIZE SPORT UTILITY:  Jeep Wrangler
ENTRY-LEVEL LUXURY CAR:  Volvo C30	FULL-SIZE SPORT UTILITY:  Ford Expedition
LUXURY CAR:  Audi A5	LUXURY SPORT UTILITY:   Audi Q7
HIGH-END LUXURY CAR:  Lexus LS 460	HYBRID UTILITY: Ford Escape
SPORTS CAR:  Mazda MX-5 Miata	MID-SIZE PICKUP TRUCK:  Toyota Tacoma Regular Cab
HIGH-PERFORMANCE CAR:  Lexus IS F	FULL-SIZE PICKUP TRUCK:  Chevrolet Silverado 1500 Regular Cab
HYBRID CAR:  Honda Insight	MINIVAN: Mazda MAZDA5
ELECTRIC CAR:  Chevrolet Volt

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