Savvy buyers know that it’s important to pay attention to more than just purchase price – you also need to look at the most fuel-efficient cars with the lowest five-year ownership costs. That is, if you’re interested in saving money over the long haul.
Conveniently, the editors at Kelley Blue Book (kbb.com) have come up with a handy list that shows some 16 fuel-sipper vehicles that also are quite frugal – less than $30,000 – in ownership costs over a five-year period. Besides the purchase price, editors took into consideration depreciation, expected fuel costs, maintenance and repair costs, finance and insurance costs, and state fees for the initial five-year period.
Here we call out some of the new or redesigned fuel-efficient small cars that kbb.com highlights as excellent long-term values.
30 mpg city/40 mpg highway/33 mpg combined fuel economy. Over a five-year period, ownership costs tally $27,743.
percent financing. Fuel economy numbers are impressive at 29/40/33 mpg. Over the five-year initial ownership period, buyers can expect costs to be similarly frugal (kbb.com did not have the figure available at time of publication).
financing, and 29/40/33 mpg fuel economy rating, costs in the area of $27,498 over the five-year initial ownership period.
2012DX Coupe – Looking for an inexpensive coupe to hold onto for five years? Then consider the 2012 Honda Civic DX coupe, whose MSRP of $16,375, 1.9 percent financing, EPA-estimated 28/39/32 mpg fuel economy and five-year projected ownership costs of $29,938 are right in the ballpark of being quite affordable.
sedan carries a base MSRP of $16,135, comes with 0.9 percent financing, 24/32/27 mpg fuel economy, and a five-year ownership cost of about $30,868. That’s just a tad over the $30,000 mark, but still within range of being affordable.
Other most fuel-efficient cars with the lowest five-year ownership costs on the Kelley Blue Book list include the following: 2012 Nissan Versa sedan; 2012Sport Wagon; 2012 two-door hatchback; 2012 Mazda Mazda2 Sport hatchback; 2012 four-door hatchback; 2012 four-door hatchback; 2012 four-door hatchback; 2012 Honda Insight four-door hatchback; 2012 Mazda Mazda3 SV sedan, and 2012 sedan.