The 22 Cheapest New Cars to Own
With the price of gasoline on the rise yet again, buying a new
car today is not just about the price on the window sticker - you need
to consider the true overall cost of ownership before making your final
decision.
To help you figure this out, Forbes
has put together a list of what they consider the 22 cheapest new cars
to own in 2013 - based on the winners of the Kelley Blue
Book Total Cost of Ownership Awards. KBB's list takes into
consideration a number of factors, including depreciation, fuel,
insurance costs, registration fees, and maintenance, to come up with a
realistic figure of what it costs to own a vehicle over 5 years.
Below is the list of the 22 winners in their respective classes, sorted
by lowest 5-year ownership costs. As always, I recommend you use the
free to get the biggest discounts on any of
these vehicles.
| Vehicle | Segment | Base MSRP | 5 Year Cost | Cost Per Mile |
|---|---|---|---|---|
| Scion iQ | Subcompact Car | $16,250 | $27,011 | $0.36 |
| Hyundai Veloster | Compact Car | $18,395 | $30,581 | $0.41 |
| Honda Insight | Hybrid/Alternative Energy Car | $19,390 | $30,871 | $0.41 |
| Jeep Patriot | Compact SUV/Crossover | $16,990 | $31,863 | $0.42 |
| Hyundai Veloster Turbo | Sport Compact Car | $22,895 | $34,925 | $0.47 |
| Hyundai Sonata | Midsize Car | $21,790 | $36,027 | $0.48 |
| Chevrolet Volt | Electric Vehicle | $39,995 | $37,052 | $0.49 |
| Mazda Mazda5 | Minivan | $20,735 | $38,193 | $0.51 |
| Mitsubishi Outlander | Mid-Size SUV/Crossover | $23,520 | $38,786 | $0.52 |
| Ford Mustang | Sports Car | $22,995 | $39,447 | $0.53 |
| Buick Verano | Entry-Level Luxury Car | $23,975 | $40,137 | $0.54 |
| Ford Explorer | Full-Size SUV/Crossover | $29,995 | $45,689 | $0.61 |
| Chevrolet Silverado 1500 Regular Cab | Full-Size Pickup Truck | $24,585 | $46,062 | $0.61 |
| Chevrolet Impala | Full-Size Car | $26,685 | $46,628 | $0.62 |
| Acura RDX | Luxury Compact SUV/Crossover | $35,215 | $47,442 | $0.63 |
| Toyota Highlander Hybrid | Hybrid SUV/Crossover | $41,015 | $48,676 | $0.65 |
| Ford Mustang GT | High-Performance Sports Car | $31,545 | $49,592 | $0.66 |
| Lincoln MKX | Luxury Mid-Size SUV/Crossover | $40,420 | $50,598 | $0.67 |
| Lincoln MKT | Luxury Full-Size SUV/Crossover | $46,160 | $56,776 | $0.76 |
| Lexus GS 350 | Luxury Car | $48,125 | $57,245 | $0.76 |
| Porsche Panamera | High-End Luxury Car | $76,825 | $83,969 | $1.12 |
| Toyota Tacoma Double Cab | Mid-Size Pickup Truck | $23,370 | N/A | N/A |
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
About The Author
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.
Latest Weekly Car Buying Tips
November 2023
- Biggest Price Drops on New Cars (Fall 2023) Nov 30, 2023
- Best Car Deals Around the Country Nov 30, 2023
- Cheapest Luxury Lease Deals Nov 30, 2023
- Real Prices of Pickup Trucks Nov 30, 2023
- Top 100 Cheapest Lease Deals Nov 23, 2023
- Best Black Friday Car Deals Nov 23, 2023
- New Cars with the Most Available Inventory Nov 23, 2023
- Real Prices of Midsize SUVs Nov 23, 2023
- Worst Cars to Lease Right Now Nov 16, 2023
- Cars With the Largest Rebates Nov 16, 2023
- Which Cars Better to Lease or Buy Nov 16, 2023
- Real Prices of Large SUVs Nov 16, 2023
- Best 0% Finance Deals November 2023 Nov 09, 2023
- Best Bang for Your Buck Lease Deals Nov 09, 2023
- Best Electric, Hybrid Lease Deals Nov 09, 2023
- Real Prices of Compact Cars Nov 09, 2023
- Biggest Discounts on New Cars Nov 02, 2023
- Best Car Deals by Category Nov 02, 2023
- Price Comparison of Subcompact SUVs Nov 02, 2023
- New Cars You Should Wait to Buy Nov 02, 2023
October 2023
- Real Prices of New Compact SUVs Oct 26, 2023
- Top 100 Cheapest New Cars for 2023 Oct 19, 2023
- Real Prices of Midsize Cars Oct 19, 2023
