These Are The Cheapest New Vehicles To Own In Every Market Class

  • 📰 Forbes
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

You can counter high car, truck, and SUV prices by choosing a model that’s cheaper to keep over the long haul.

Narrowing down one’s choices to the models having the lowest long-term ownership costs would ordinarily involve a great deal of research. Fortunately the valuation experts at Kelley Blue Book have just issued their annual 5-Year Cost to Own Awards that identify the cheapest rides to own in each of 22 separate vehicle categories. We’re featuring each of the category winners below.

KBB says the cheapest-to-own vehicle overall for 2021 is the subcompact Hyundai Venue crossover SUV, which is estimated to cost an owner $29,145 over five years. Which are the most significant long-term ownership costs to consider? Inarguably the most important factor is depreciation, or how well a given model holds its value over time, based on a variety of economic factors and historical data. Choosing a vehicle that returns more value at trade-in time than the norm allows an owner to pocket more cash by selling it outright, or have a larger down payment to make on a subsequent purchase.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These Are The Cheapest New Vehicles To Own In Every Market ClassYou can counter high car, truck, and SUV prices by choosing a model that’s cheaper to keep over the long haul. nice Those this even look cheap? 'Cheap'
Source: Forbes - 🏆 394. / 53 Read more »

These Are The Cheapest New Vehicles To Own In Every Market ClassYou can counter high car, truck, and SUV prices by choosing a model that’s cheaper to keep over the long haul. DogeCoin could tonight fly to $ 1- $ 1.3. capitalization 3 and will be number 1 soon.
Source: Forbes - 🏆 394. / 53 Read more »