Top 10 Cheapest Cars To Own

The vehicle that features some important ingredients like cheap price, good fuel economy and reasonable insurance rates is particularly preferred by low-budget customers as the global inflation has increased rapidly. All cars are mentioned in this article can help buyers reduce the ownership cost from depreciation to taxes and fees, maintenance and repairs.


Nissan Versa 1.6 Base

This car gets 26 miles per gallon in the city and 34 mpg on the highway

Nissan Versa 1.6 Base 4dr
Market price: $10,922
Five-year fuel cost: $8,456
Five-year insurance cost: $4,851
Total five-year ownership cost: $26,233
Depreciation: $6,874
Fees and taxes: $905
Maintenance: $1,917
Repairs: $1,406


Hyundai Accent GL

The car boasts fuel economy of 34 mpg on the highway and 28 mpg in the city

Hyundai Accent GL 2dr hatch
Market price: $9,677
Five-year fuel cost: $8,085
Five-year insurance cost: $5,134
Total five-year ownership cost: $26,715
Depreciation: $7,748
Fees and taxes: $822
Maintenance: $1,795
Repairs: $1,500

Chevrolet Aveo5 LS

The car particularly offers good interior space and cargo room (15 cubic feet with the 60/40 split rear seat up)

Chevrolet Aveo5 LS 4dr hatch
Market price: $11,038
Five-year fuel cost: $8,171
Five-year insurance cost: $5,446
Total five-year ownership cost: $26,958
Depreciation: $7,547
Fees and taxes: $919
Maintenance: $1,618
Repairs: $1,422

Ford Fiesta S

The car particularly features a peppy engine, an ultra-smooth manual transmission and terrific handling

Ford Fiesta S 4dr
Market price: $13,212
Five-year fuel cost: $7,576
Five-year insurance cost: $5,623
Total five-year ownership cost: $28,402
Depreciation: $8,919
Fees and taxes: $1,063
Maintenance: $1,564
Repairs: $1,500



Mazda 2 Sport

 The sporty hatch has a full line of standard safety equipment

Mazda 2 Sport 4dr hatch
Market price: $14,625
Five-year fuel cost: $7,825
Five-year insurance cost: $5,630
Total five-year ownership cost: $28,593
Depreciation: $8,405
Fees and taxes: $1,139
Maintenance: $1,613
Repairs: $1,627


Toyota Yaris

The car gets 29 mpg per gallon in the city and 36 mpg on the highway

Toyota Yaris 4dr
Market price: $13,818
Five-year fuel cost: $7,737
Five-year insurance cost: $5,163
Total five-year ownership cost: $28,616
Depreciation: $9,377
Fees and taxes: $1,089
Maintenance: $1,623
Repairs: $1,406

Kia Rio

 Low-budget customers may feel happy when they buy the car because it offers many standard devices like USB ports for music and Sirius satellite radio

Kia Rio 4dr
Market price: $11,824
Five-year fuel cost: $8,085
Five-year insurance cost: $5,447
Total five-year ownership cost: $29,157
Depreciation: $9,158
Fees and taxes: $966
Maintenance: $2,042
Repairs: $1,500


Kia Soul 

 The car has not only a funky look but also 19 cubic feet of cargo space and the most rear legroom in its class

Kia Soul 4dr hatch
Market price: $13,826
Five-year fuel cost: $8,771
Five-year insurance cost: $4,402
Total five-year ownership cost: $29,275
Depreciation: $9,305
Fees and taxes: $1,381
Maintenance: $1,956
Repairs: $1,500


Honda Insight

 The car gets 40 miles per gallon in the city and 43 on the highway while its automatic transmission, ABS, stability control, traction control and six airbags are standard

Honda Insight 4dr hatch
Market price: $18,097
Five-year fuel cost: $5,955
Five-year insurance cost: $5,497
Total five-year ownership cost: $29,953
Depreciation: $11,145
Fees and taxes: $1,381 M
Maintenance: $1,727
Repairs: $1,422


Ford Focus S

Ford Focus S 4dr gets 25 mpg per gallon in the city and 35 mpg on the highway

Ford Focus S 4dr
Market price: $13,643
Five-year fuel cost: $8,571
Five-year insurance cost: $5,484
Total five-year ownership cost: $30,290
Depreciation: $9,819
Fees and taxes: $1,101
Maintenance: $1,661
Repairs: $1,422

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