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Edmunds lists cheapest cars to own
These cars can you save you money in the sales managers office and the service manager's office.
NEW YORK (CNN/Money) -- The cost purchase price of a car is just one part of the its total cost. When shopping for a new car you also have to consider depreciation -- the reduction in the car's value over time -- repair costs, insurance and other factors. Sometimes a car that costs less to buy can end up costing more in the long run.
A Volkswagen Touareg, for example, costs about $38,291 to buy, not including typical options and destination charges. Over 5 years, owning a Touareg costs a total of about $50,402. A Land Rover Discovery, meanwhile, costs about $30,761 to buy. But over 5 years, it ends up costing a total of about $57,870 to own.
Auto Web site Edmunds.com recently released a list of cars with the lowest total cost of ownership in 25 different categories. These selections are based only on "cost to own," not including the purchase price. The purchase prices in the table are Edmunds.com's "True Market Value." For more information about the numbers in this table, please see the notes below the table.
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Category/ Vehicle |
Purch. cost |
Options |
Taxes/ fees |
Deprec. |
Int. |
Ins. |
Fuel costs |
Maint./ repairs |
Total 5-year cost |
% Below avg. |
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COMPACT TRUCK Toyota Tacoma |
$16,854 |
$2,188 |
$2,111 |
$9,880 |
$2,412 |
$4,662 |
$7,181 |
$4,800 |
$30,511 |
10.4% |
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CONVERTIBLE OVER $45K Mercedes-Benz SLK-Class |
$41,001 |
$3,914 |
$4,041 |
$23,439 |
$5,772 |
$5,575 |
$6,651 |
$5,324 |
$50,084 |
35.9% |
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CONVERTIBLE UNDER $25K Volkswagen New Beetle |
$22,536 |
$889 |
$2,442 |
$12,227 |
$3,039 |
$4,519 |
$5,578 |
$4,073 |
$31,306 |
4.0% |
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CONVERTIBLE UNDER $35K Toyota MR2 Spyder |
$25,395 |
$327 |
$2,526 |
$13,848 |
$3,321 |
$4,875 |
$5,307 |
$4,464 |
$33,828 |
13.6% |
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CONVERTIBLE UNDER $45K Nissan 350Z |
$35,720 |
$1,480 |
$3,356 |
$18,845 |
$4,776 |
$5,042 |
$6,762 |
$5,142 |
$43,365 |
9.4% |
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COUPE OVER $45K Mercedes-Benz CLK-Class |
$49,225 |
$4,187 |
$5,139 |
$26,838 |
$6,904 |
$5,207 |
$7,273 |
$4,808 |
$55,450 |
36.2% |
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COUPE UNDER $15K Toyota ECHO |
$10,340 |
$2,212 |
$1,636 |
$8,131 |
$1,659 |
$4,681 |
$3,824 |
$4,134 |
$23,551 |
5.6% |
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COUPE UNDER $25K Honda Civic |
$14,457 |
$0 |
$1,741 |
$7,676 |
$1,896 |
$4,545 |
$4,171 |
$4,264 |
$23,806 |
21.7% |
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COUPE UNDER $35K Mazda RX-8 |
$25,362 |
$1,486 |
$2,612 |
$14,951 |
$3,465 |
$5,020 |
$7,236 |
$3,566 |
$36,331 |
4.2% |
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COUPE UNDER $45K Audi TT |
$35,102 |
$2,400 |
$3,542 |
$20,329 |
$4,835 |
$4,760 |
$6,363 |
$3,872 |
$42,984 |
9.1% |
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LARGE TRUCK Ford F-150 Heritage |
$21,402 |
$2,595 |
$2,725 |
$15,054 |
$2,841 |
$4,663 |
$7,964 |
$6,897 |
$39,351 |
10.5% |
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MINIVAN Honda Odyssey |
$26,168 |
$0 |
$2,552 |
$12,819 |
$3,376 |
$4,602 |
$6,616 |
$4,189 |
$33,665 |
13.7% |
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SEDAN OVER $45K Audi S4 |
$46,171 |
$2,774 |
$5,182 |
$28,514 |
$6,382 |
$4,683 |
$8,454 |
$5,023 |
$57,520 |
17.9% |
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SEDAN UNDER $15K Scion xA |
$12,880 |
$638 |
$1,671 |
$8,117 |
$1,776 |
$4,533 |
$4,205 |
$4,081 |
$23,899 |
7.2% |
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SEDAN UNDER $25K Honda Civic |
$15,157 |
$0 |
$1,789 |
$8,043 |
$1,984 |
$4,531 |
$4,007 |
$4,213 |
$24,080 |
21.9% |
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SEDAN UNDER $35K Acura TSX |
$26,666 |
$0 |
$2,629 |
$14,618 |
$3,444 |
$5,133 |
$5,971 |
$3,882 |
$35,134 |
9.3% |
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SEDAN UNDER $45K BMW 3 Series |
$31,609 |
$5,211 |
$3,474 |
$19,749 |
$4,745 |
$5,242 |
$6,374 |
$3,698 |
$42,590 |
12.5% |
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SUV OVER $45K Volkswagen Touareg |
$38,291 |
$3,804 |
$3,757 |
$22,631 |
$5,403 |
$4,429 |
$9,202 |
$5,592 |
$50,402 |
21.5% |
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SUV UNDER $25K Honda CR-V |
$19,404 |
$0 |
$2,079 |
$9,914 |
$2,521 |
$4,870 |
$5,973 |
$3,307 |
$28,177 |
17.3% |
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SUV UNDER $35K Toyota Highlander |
$24,914 |
$1,769 |
$2,635 |
$14,075 |
$3,409 |
$4,868 |
$6,541 |
$4,695 |
$35,685 |
16.9% |
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SUV UNDER $45K Infiniti FX35 |
$33,366 |
$1,373 |
$3,235 |
$19,341 |
$4,471 |
$5,188 |
$7,885 |
$3,613 |
$43,144 |
14.3% |
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CARGO VAN Ford Econoline |
$21,919 |
$1,454 |
$2,621 |
$14,662 |
$2,815 |
$4,826 |
$9,110 |
$6,954 |
$40,254 |
5.1% |
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WAGON OVER $45K Audi S4 |
$47,170 |
$3,199 |
$5,278 |
$29,583 |
$6,562 |
$4,683 |
$8,454 |
$5,023 |
$58,864 |
-0.8% |
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WAGON UNDER $15K Scion xB |
$14,080 |
$608 |
$1,750 |
$8,947 |
$1,924 |
$4,533 |
$4,542 |
$4,086 |
$25,296 |
0.4% |
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WAGON UNDER $25K Toyota Matrix |
$15,834 |
$664 |
$1,905 |
$9,062 |
$2,125 |
$4,594 |
$4,928 |
$4,705 |
$26,809 |
14.3% |
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WAGON UNDER $35K Volvo V40 |
$23,722 |
$924 |
$2,634 |
$15,245 |
$3,208 |
$4,379 |
$6,030 |
$4,092 |
$34,903 |
8.7% |
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WAGON UNDER $45K Volvo XC70 |
$32,152 |
$2,279 |
$3,316 |
$18,719 |
$4,444 |
$4,629 |
$7,168 |
$4,296 |
$41,887 |
11.7% |
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Notes: Prices in this table reflect the Edmunds True Market Value for the vehicle. All other figures are national averages for five years of ownership and are averaged over all available of trim lines.
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