Car buying can be expensive, frustrating, and tricky, but it doesn’t always have to be that way. Frankly, some cars are priced competitively and cost very little to own. If you stack the deck in your favor and buy one of these cars, you might save money during your ownership. Here are some cars that cost the least to own over five years, like the Toyota Corolla.
- Volvo S90
- Toyota Corolla
- Toyota Avalon
- Honda Accord
- Subaru BRZ
- Acura ILX
Is it worth buying a Volvo S90?
The Volvo S90 is a plush car with a stylish, luxurious interior. Additionally, the S90 is available in a Recharge model, which offers a plug-in hybrid (PHEV) drivetrain in the handsome Swedish sedan. However, if the styling and interior aren’t enough to warrant your consideration, the S90 is one of the cars that costs the least to own in its segment over five years. According to The Street, you can own an S90 for around $16,145 less than the luxury car segment average.
Is a Toyota Corolla a good car to buy?
The Toyota Corolla is synonymous with reliability and sensibility, and the latest models are no different. While TrueCar finds the latest Corolla to be lackluster to drive, the car is still a staple in turn-key transportation. However, the Toyota Corolla has another positive quality: its cost to own. You can run a newer Corolla for five years for just $31,464 on average, which puts it $2,323 ahead of the segment average.
Is the Toyota Avalon one of the cars that costs the least to own?
The Toyota Avalon is an oft-overlooked affordable luxury car with many redeeming qualities, including a relatively low cost to own. It has a starting price of around $37,850, but owning it for five years will cost an average of $51,123. While that may seem like a bit of a jump, that figure puts the Avalon ahead of the rest of the segment by $3,570.
How much does a Honda Accord cost?
Like the Toyota Corolla, the Honda Accord is on everyone’s list for sensible, reliable transportation. Even better, a Honda Accord typically has a low starting cost and low cost to own. Also, if you don’t want the gas-powered variant, you can opt for a hybrid model promising as much as 48 mpg city and 47 mpg highway, according to TrueCar.
Is a Subaru BRZ a good car?
The Subaru BRZ is a distinctive sports car and delightfully affordable driver’s car. In addition to the back-to-basics sports car approach, the little BRZ offers a low cost to own. According to The Street, you can drive a new Subaru BRZ for five years for around $40,397. While that might not seem like a small price tag, the little Subaru sports car defies its sports car segment by nearly $22,000 over that five-year timeframe.
Is the Acura ILX one of the cars that costs the least to own?
The Acura ILX is a segment leader in cost to own. With a starting price of well under $30,000, it is not a bank-breaking investment or a money pit after purchase. In fact, shoppers should expect to save around $14,686 compared to other cars in the segment.
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