The 10 cheapest vehicles to own and operate over 5 years
It’s no secret that cars cost money to own and operate, but the differences in running expenses between models can be shocking. MarketWatch Guides' new study calculated the five-year costs for gas models, finding that the Hyundai Venue is less than half as expensive to own as some luxury vehicles.
The Venue’s five-year costs amounted to $22,761 in the study, followed by the Hyundai Elantra at $22,788.
The 10 cheapest vehicles to run for 5 years:
Hyundai Venue: $22,761
Hyundai Elantra: $22,788
Nissan Sentra: $23,407
Honda Accord: $23,509
Toyota Corolla: $23,854
Hyundai Tucson: $24,543
Kia Soul: $24,543
Hyundai Sonata: $25,788
Ford Escape ST-Line Select: $25,869
Volkswagen Tiguan: $26,149
MarketWatch used gas, insurance, repairs, and financing costs to calculate its running expenses. Looking at the purchase prices of the vehicles on this list, it’s not surprising to see that most of them are going for affordability, and that extends to operating expenses. The Venue’s 31 mpg combined fuel economy rating likely helped it achieve its impressively low running costs.