The cheapest cars to own in 2020

The cheapest cars to own in 2020

Cheapest Cars to Own

When it’s time to buy a new car, many consumers base their final decision on price alone — or that and the vehicle’s color. Unfortunately, this shortsighted approach leaves folks vulnerable to the many costs associated with owning a car beyond the purchase price, such as depreciation, insurance, maintenance and fuel costs. These additional expenditures can vary greatly depending on the vehicle purchased. Kelley Blue Book has done extensive analysis to determine which vehicles are the least expensive to own over a five-year period, considering factors such as financing, insurance, state fees, fuel costs, scheduled maintenance and repairs, and depreciation of the vehicle.

© General Motors; Hyundai Motor America, Subaru of America; Volvo Cars North America

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