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2011 Models with Lowest Ownership Costs
July 28, 2011
Edmunds.com has announced their 2011 True Cost to Own Awards, recognizing vehicles with the lowest overall cost of ownership.
In developing the list, they didn't just look at vehicles with the lowest costs for any particular month.
Instead, they found those vehicles that have consistently maintained the lowest ownership costs.
The resulting list represents vehicles with the lowest overall ownership cost in their respective segments.
No matter which car segment you're currently shopping, you should consider one of these winners and at least test drive one to see if you like it.
Your pocketbook will thank you.
Sedan Under $20K | Ford Fiesta |
Sedan $20K-$30K | Honda Accord |
Sedan $30K-$40K | Volkswagen CC |
Sedan over $40K | Cadillac CTS |
Wagon under $25K | Kia Rio |
Wagon $25K-$35K | Subaru Outback |
Wagon Over $35K | Ford Flex |
Coupe Under $25K | Toyota Yaris |
Coupe $25K-$35K | Honda Accord |
Coupe $35K-$45K | Audi A5 |
Coupe Over $45K | Cadillac CTS Coupe |
Convertible Under $35K | MINI Cooper |
Convetible $35K-$45K | BMW 1 Series |
Convertible Over $45K | Infiniti G Convertible |
Compact Truck | Ford Ranger |
Large Light Duty Truck | Honda Ridgeline |
Large Heavy Duty Truck | Chevrolet Silverado 2500 HD |
SUV Under $25K | Jeep Patriot |
SUV $25K-$35K | Chevrolet Equinox |
SUV $35K-$45K | Honda Pilot |
SUV over $45K | Acura MDX |
Minivan/Van | Ford Transit Connect |
Hybrid | Honda Civic Hybrid |
3 Steps Every Car Buyer Needs to Take to Save Maximum Money
The key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:Step 1 Get Prices From My Trusted Network
Select the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).Select Vehicle to Get Local Pricing
Step 2 Get Prices From TrueCar / CarsDirect
TrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.Step 3 Complete my Checklist
Follow this up with my checklist to make sure you squeeze out every last bit of savings.- Gregg Fidan
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