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Cheapest Cars to Own Right Now
May 2, 2013
As everyone knows, purchasing a car is just the first of many costs associated owning a vehicle. Along with this comes gas, maintenance, repairs, insurance, and registration fees.
So how can a car buyer on a tight budget figure out what cars available today are not just cheap to buy, but cheap to own overall? MSN Autos recently took up this challenge and came up with what they consider to be the top 10 cheapest cars to own in 2013, calculated over a five year time span.
Topping the list is the 2013 Nissan Versa S with a total five-year ownership cost of $27,405. As always, don't forget to use the free to maximize your savings whenever you buy a new car.
| Vehicle | 5-Year Fuel Cost | Maintenance & Repairs | Total 5-Year Ownership Cost |
|---|---|---|---|
| Nissan Versa S 4dr | $9,017 | $3,971 | $27,405 |
| Chevrolet Spark LS 4dr Hatch | $7,963 | $4,202 | $27,871 |
| Kia Rio 4dr Hatch | $8,115 | $3,276 | $28,516 |
| Toyota Yaris 2dr Hatch | $8,278 | $3,777 | $28,685 |
| Kia Soul Base 4dr Hatch | $10,151 | $3,484 | $29,338 |
| Hyundai Accent GLS 4dr | $8,725 | $3,044 | $29,474 |
| Scion iQ 2dr Hatch | $7,528 | $4,131 | $29,490 |
| Ford Fiesta S 4dr | $8,369 | $4,469 | $29,727 |
| Kia Forte LX 4dr | $9,665 | $3,326 | $29,769 |
| Toyota Corolla L 4dr | $9,219 | $3,902 | $30,435 |
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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- Best Rebates, Incentives, and Lease Deals
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- 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.
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