5-Year Cost to Own Car Award Winners
Negotiating a good price on a new car can save hundreds or even thousands of dollars, but shoppers can save even more simply by choosing the right car to begin with, Kelly Blue Book reports.
Purchase price is just one of the costs associated with vehicle ownership, and when the continuing costs of fuel, financing, insurance and depreciation are considered, saving a few bucks up front can cost more when all is said and done.
Helping consumers shop smart and save money, Kelley Blue Book's expert editors today name the 2018 model-year brand and category winners of the seventh annual 5-Year Cost to Own Awards, recognizing new vehicles with the lowest projected ownership costs.
Available on Kelley Blue Book's KBB.com for new models, 5-Year Cost to Own information takes into consideration depreciation, expected fuel costs, finance and insurance fees, maintenance and repair costs, and state fees.
This year the 2018 KBB Cost to Own winners are:
Luxury Brand: Acura
Subcompact Car: Chevrolet Spark
Electric Vehicle: Nissan LEAF
Compact Car: Toyota Corolla iM
Subcompact SUV/Crossover: Honda HR-V
Sporty Compact Car: Honda Civic Si
Compact SUV/Crossover: Subaru Crosstrek
Mid-Size Car: Hyundai Sonata
Mid-Size SUV/Crossover: Jeep Wrangler Unlimited
Full-Size Car: Chevrolet Impala
Full-Size SUV-Crossover: Chevrolet Tahoe
Entry-Level Luxury Car: Acura ILX
Luxury Compact SUV/Crossover: Buick Encore
Luxury Car: Lexus GS
Luxury Mid-Size SUV/Crossover: Infiniti QX60
High-End Luxury Car: Porsche Panamera
Luxury Full-Size SUV/Crossover: Infiniti QX80
Sports Car: Chevrolet Camaro
Mid-Size Pickup Truck: Toyota Tacoma
High-Performance Car: Dodge Challenger SRT
Hybrid/Alternative Energy Car: Toyota Prius c
Full-Size Pickup Truck: Ford F-150
Minivan: Honda Odyssey
2018 model-year vehicle's projected ownership costs are based on the average Kelley Blue Book 5-Year Cost to Own data for the initial five-year ownership period. Find out more at www.kbb.com/new-cars/5-year-cost-to-own-awards/