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2011 Models with Lowest Ownership Costs

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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About The Author

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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