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
February 2025
- Top 100 Cheapest Lease Deals Feb 20, 2025
- Cars With the Largest Rebates Feb 20, 2025
- Real Prices of Pickup Trucks Feb 20, 2025
- Largest Hidden Dealer Rebates Feb 20, 2025
- All SUV Lease Deals Compared February 2025 Feb 13, 2025
- Biggest Discounts on New Cars February 2025 Feb 13, 2025
- Top 100 Cheapest New Cars Right Now Feb 13, 2025
- Real Prices of Midsize SUVs Feb 13, 2025
- Best 0% Finance Deals February 2025 Feb 06, 2025
- Best Bang for Your Buck Lease Deals Feb 06, 2025
- Best Electric, Hybrid Lease Deals Feb 06, 2025
- Price Comparison of Subcompact SUVs Feb 06, 2025
January 2025
- New Cars with the Most Available Inventory Jan 30, 2025
- Best Car Deals Around the Country Jan 30, 2025
- Best Used Cars Under $5,000 Jan 30, 2025
- Real Prices of Midsize Cars Jan 30, 2025
- Real Prices of Compact Cars Jan 23, 2025
- Cheapest Luxury Lease Deals Jan 23, 2025
- Real Prices of New Compact SUVs Jan 16, 2025
- Real Prices of Large SUVs Jan 09, 2025
- Best Car Deals by Category Jan 02, 2025
- Which Cars Better to Lease or Buy Jan 02, 2025
