Top 10 Cheapest Cars To Own

The vehicle that features some important ingredients like cheap price, good fuel economy and reasonable insurance rates is particularly preferred by low-budget customers as the global inflation has increased rapidly. All cars are mentioned in this article can help buyers reduce the ownership cost from depreciation to taxes and fees, maintenance and repairs.

Nissan Versa 1.6 Base

This car gets 26 miles per gallon in the city and 34 mpg on the highway

Nissan Versa 1.6 Base 4dr

Market price: $10,922

Five-year fuel cost: $8,456

Five-year insurance cost: $4,851

Total five-year ownership cost: $26,233

Depreciation: $6,874

Fees and taxes: $905

Maintenance: $1,917

Repairs: $1,406

Hyundai Accent GL

The car boasts fuel economy of 34 mpg on the highway and 28 mpg in the city

Hyundai Accent GL 2dr hatch

Market price: $9,677

Five-year fuel cost: $8,085

Five-year insurance cost: $5,134

Total five-year ownership cost: $26,715

Depreciation: $7,748

Fees and taxes: $822

Maintenance: $1,795

Repairs: $1,500

Chevrolet Aveo5 LS

The car particularly offers good interior space and cargo room (15 cubic feet with the 60/40 split rear seat up)

Chevrolet Aveo5 LS 4dr hatch

Market price: $11,038

Five-year fuel cost: $8,171

Five-year insurance cost: $5,446

Total five-year ownership cost: $26,958

Depreciation: $7,547

Fees and taxes: $919

Maintenance: $1,618

Repairs: $1,422

Ford Fiesta S

The car particularly features a peppy engine, an ultra-smooth manual transmission and terrific handling

Ford Fiesta S 4dr

Market price: $13,212

Five-year fuel cost: $7,576

Five-year insurance cost: $5,623

Total five-year ownership cost: $28,402

Depreciation: $8,919

Fees and taxes: $1,063

Maintenance: $1,564

Repairs: $1,500

Mazda 2 Sport

 The sporty hatch has a full line of standard safety equipment

Mazda 2 Sport 4dr hatch

Market price: $14,625

Five-year fuel cost: $7,825

Five-year insurance cost: $5,630

Total five-year ownership cost: $28,593

Depreciation: $8,405

Fees and taxes: $1,139

Maintenance: $1,613

Repairs: $1,627

Toyota Yaris

The car gets 29 mpg per gallon in the city and 36 mpg on the highway

Toyota Yaris 4dr

Market price: $13,818

Five-year fuel cost: $7,737

Five-year insurance cost: $5,163

Total five-year ownership cost: $28,616

Depreciation: $9,377

Fees and taxes: $1,089

Maintenance: $1,623

Repairs: $1,406

Kia Rio

 Low-budget customers may feel happy when they buy the car because it offers many standard devices like USB ports for music and Sirius satellite radio

Kia Rio 4dr

Market price: $11,824

Five-year fuel cost: $8,085

Five-year insurance cost: $5,447

Total five-year ownership cost: $29,157

Depreciation: $9,158

Fees and taxes: $966

Maintenance: $2,042

Repairs: $1,500

Kia Soul 

 The car has not only a funky look but also 19 cubic feet of cargo space and the most rear legroom in its class

Kia Soul 4dr hatch

Market price: $13,826

Five-year fuel cost: $8,771

Five-year insurance cost: $4,402

Total five-year ownership cost: $29,275

Depreciation: $9,305

Fees and taxes: $1,381

Maintenance: $1,956

Repairs: $1,500

Honda Insight

 The car gets 40 miles per gallon in the city and 43 on the highway while its automatic transmission, ABS, stability control, traction control and six airbags are standard

Honda Insight 4dr hatch

Market price: $18,097

Five-year fuel cost: $5,955

Five-year insurance cost: $5,497

Total five-year ownership cost: $29,953

Depreciation: $11,145

Fees and taxes: $1,381 M

Maintenance: $1,727

Repairs: $1,422

Ford Focus S

Ford Focus S 4dr gets 25 mpg per gallon in the city and 35 mpg on the highway

Ford Focus S 4dr

Market price: $13,643

Five-year fuel cost: $8,571

Five-year insurance cost: $5,484

Total five-year ownership cost: $30,290

Depreciation: $9,819

Fees and taxes: $1,101

Maintenance: $1,661

Repairs: $1,422