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Cars With the Lowest Ownership Costs

March 27, 2014

In the case of cars, what at first may seem like a great deal can sometimes turn into a money pit due to the high cost of maintenance and ownership. While you may pay little to get the car, suddenly you're draining your bank account on gas, insurance, maintenance and other fees.

On the flipside, there are those cars that are just a dream to own and if you can get them at a great deal, all the better!

To help you navigate these murky waters, Consumer Reports recently released a list of the vehicles they consider the most and least expensive to own. On the least expensive list are the likes of the Toyota Prius C Two, Honda Civic Si, and Chevrolet Traverse. While on the most expensive list are the Nissan Armada Platinum, Dodge Dart Aero, and Volkswagen Passat SEL Premium.

As always, I recommend you use TrueCar and Edmunds Price Promise to get the best deal possible on any of these vehicles.

Least Expensive to Own

CategoryVehicle5-Year Owner Cost
Subcompact CarsToyota Prius C Two$24,600
Compact CarsToyota Prius Four$28,200
Midsized SedansToyota Camry Hybrid XLE$31,800
Large CarsToyota Avalon Hybrid Limited$41,400
Upscale SedansBuick Verano Leather (2.4) & Lexus CT 200h Premium$37,800
Luxury SedanLexus ES300h$42,000
Sporty CarsHonda Civic Si (manual)$34,800
Small SUVsSubaru XV Crosstrek Premium$34,200
Midsized SUVsHyundai Santa Fe Sport 2.4$36,600
Large SUVsChevrolet Traverse$51,000
Compact Luxury SUVsMini Cooper Countryman S$37,800
Midsized & Large Luxury SUVsBuick Enclave CXL$54,600

Most Expensive to Own

CategoryVehicle5-Year Owner Cost
Subcompact CarsHyundai Veloster (base, manual)$32,400
Compact CarsDodge Dart Aero (1.4T)$37,200
Midsized SedansVolkswagen Passat SEL Premium (V6)$45,600
Large CarsChrysler 300C$55,800
Upscale SedansLexus IS 250 (AWD)$54,000
Luxury SedanBMW 750Li$106,200
Sporty CarsPorsche Boxster 2.7 (manual)$64,200
Small SUVsVolkswagen Tiguan SEL$48,000
Midsized SUVsJeep Grand Cherokee Limited (V8)$57,000
Large SUVsNissan Armada Platinum$72,000
Compact Luxury SUVsCadillac SRX Luxury &Mercedes-Benz GLK350$57,000
Midsized & Large Luxury SUVsMercedes-Benz GL350 BlueTec$78,000

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My Recommendation for Car Shoppers


TrueCar and Edmunds are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan

Gregg Fidan

About: Gregg Fidan


Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

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