Lease Expensive Cars to Own for 2011
This year's list of winners were determined by applying algorithms that estimate the five-year ownership cost of each 2011 vehicle currently on the market.
Ownership costs include things such as depreciation, fuel, repair, maintenance, and insurance costs.
Sedan Under $20,000: Ford Fiesta
Sedan $20K-$30K: Honda Accord
Sedan $30K-$40K: Volkswagen CC
Sedan Over $40K: Cadillac CTS
Wagon Under $25,000: Kia Rio
Wagon $25K-$35K: Subaru Outback
Wagon Over $35,000: Ford Flex
Coupe Under $25,000: Toyota Yaris
Coupe $25K-$35K: Honda Accord
Coupe $35K-$45K: Audi A5
Coupe Over $45,000: Cadillac CTS Coupe
Convertible Under $35,000: MINI Cooper
Convertible $35K-$45K: BMW 1 Series
Convertible Over $45,000: Infiniti G Convertible
Compact Truck: Ford Ranger
Large Light Duty Truck: Honda Ridgeline
Large Heavy Duty Truck: Chevrolet Silverado 2500HD
SUV Under $25,000: Jeep Patriot
SUV $25K-$35K: Chevrolet Equinox
SUV $35K-$45K: Honda Pilot
SUV Over $45,000: Acura MDX
Minivan/Van: Ford Transit Connect
Hybrid: Honda Civic
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe 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 NetworkSelect 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).
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, 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 ChecklistFollow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid