Volvo XC70 & V40 have lowest cost of ownership

Volvo XC70 & V40 have lowest cost of ownership in their class

Netscape and Edmunds published a list of the most economical cars to own in a number of different classes. Their assumptions were that the car would be driven 75,000 miles in 5 years and then sold. It would be bought at the best dealer new price and sold at the Edmunds private party used sale price. Insurance, dealer maintenance costs and fuel costs are included. So the following are the true costs of vehicle ownership.

The report is at:

Wagons Wagon Under $15,000: Scion xB $0.35 per mile Wagon Under $25,000: Toyota Matrix $0.34 per mile Wagon Under $35,000: Volvo V40 $0.48 per mile Wagon Under $45,000: Volvo XC70 $0.57 per mile Wagon Over $45,000: Audi S4 $0.78 per mile Sedans Sedan Under $15,000: Toyota Scion xA $0.32 per mile Sedan Under $25,000: Honda Civic $0.29 per mile Sedan Under $35,000: Acura TSX $0.47 per mile Sedan Under $45,000: BMW 3 Series $0.65 per mile Sedan Over $45,000: Audi S4 $0.78 per mile

Convertibles Convertible Under $25,000: Volkswagen New Beetle $0.41 per mile Convertible Under $35,000: Toyota MR2 Spyder $0.45 per mile Convertible Under $45,000: Nissan 350Z $0.59 per mile Convertible Over $45,000: Mercedes-Benz SLK-Class $0.59 per mile

SUVs SUV Under $25,000: Honda CR-V $0.36 per mile SUV Under $35,000: Toyota Highlander $0.42 per mile SUV Under $45,000: Infiniti FX35 $0.59 per mile SUV Over $45,000: Volkswagen Touareg $0.60 per mile

Trucks Compact Truck: Toyota Tacoma $0.35 per mile Large Truck: Ford F-150 Heritage $0.49 per mile

Vans Minivan: Honda Odyssey $0.40 per mile Van: Ford Econoline Cargo $0.50 per mile

Coupes Coupe Under $15,000: Toyota ECHO $0.31 per mile Coupes Under $25,000: Honda Civic $0.31 per mile Coupe Under $35,000: Mazda RX-8 $0.48 per mile Coupe Under $45,000: Audi TT $0.54 per mile Coupe Over $45,000: Mercedes-Benz CLK-Class $0.67 per mile

Note that most under $15,000 vehicles are no bargain.