The cheapest cars to own and operate in 2024
We’ve all been talking about new car prices and how they’ve pushed many potential buyers out of the hunt, but what about the costs after the purchase? After all, the money you plunk down at the dealer is only the beginning, as there are fuel costs, insurance, and more to worry about. Online driver’s ed provider Zutobi recently released a study of the most and least expensive vehicles to operat, and the cheapest models might look foreign to many U.S. motorists.
They’re foreign because they’re small, relatively affordable cars, which seem to have fallen out of favor in our SUV- and truck-crazy car markets. The Honda Fit was the cheapest car to operate, with an annual cost of $5,348. The Hyundai Accent was second at $5,468, and the Honda Civic came third at $5,480. The top 10 cheapest cars to run include:
Honda Fit (2018): $5,348
Hyundai Accent: $5,468
Honda Civic: $5,480
Mini Cooper Convertible: $5,543
Toyota Yaris (2020): $5,615
Toyota RAV4: $5,618
Toyota Corolla: $5,627
Nissan Rogue: $5,654
Honda CR-V: $5,656
Subaru Forester: $5,656