xcel
03-31-2008, 09:56 PM
Factoring in the total new car costs, do not purchase blindly. (http://www.chathamjournal.com/weekly/living/autos/cr-less-expensive-vs-more-expensive-cars-80331.shtml)
http://www.cleanmpg.com/photos/data/501/2007_Toyota_Yaris_Sedan.jpgChatham Journal - March 31, 2008
2008 Toyota Yaris Sedan at 29/36 mpg on the 08 EPA City/Highway - Get the stick for real savings.
All things considered from sales price to trade-in value, the Toyota Yaris is the least expensive vehicle to own in the US according to Consumer Reports. -- Ed.
Yonkers, NY - A cheaper car can cost consumers more in the long run compared with a more expensive alternative, according to Consumer Reports' new owner-costs comparisons, which appear in the Annual April Auto Issue. In fact, says CR, a car's sticker price doesn't tell the whole story.
At about $17,500, a Mitsubishi Lancer could cost $5,000 less than a Mini Cooper to drive home. But considering the total costs of ownership for each car, the Lancer could cost drivers around $3,000 more over the first five years. A Toyota Highlander can cost $3,000 more to purchase than a V6 Ford Explorer, but owning the Ford after five years can end up costing an additional $6,500.
Consumer Reports recommends that in addition to looking for a good deal on their next car, car shoppers also consider how much the model will cost them to own. To help consumers; CR is introducing new owner-cost estimates in the April issue which can help consumers compare models and possibly save thousands of dollars. CR's estimates include depreciation, fuel costs, interest, insurance, maintenance and repair, and sales tax. Because depreciation is factored into the estimates, CR assumes that the vehicle will be traded in after five years… http://www.chathamjournal.com/weekly/living/autos/cr-less-expensive-vs-more-expensive-cars-80331.shtml
http://www.cleanmpg.com/photos/data/501/2007_Toyota_Yaris_Sedan.jpgChatham Journal - March 31, 2008
2008 Toyota Yaris Sedan at 29/36 mpg on the 08 EPA City/Highway - Get the stick for real savings.
All things considered from sales price to trade-in value, the Toyota Yaris is the least expensive vehicle to own in the US according to Consumer Reports. -- Ed.
Yonkers, NY - A cheaper car can cost consumers more in the long run compared with a more expensive alternative, according to Consumer Reports' new owner-costs comparisons, which appear in the Annual April Auto Issue. In fact, says CR, a car's sticker price doesn't tell the whole story.
At about $17,500, a Mitsubishi Lancer could cost $5,000 less than a Mini Cooper to drive home. But considering the total costs of ownership for each car, the Lancer could cost drivers around $3,000 more over the first five years. A Toyota Highlander can cost $3,000 more to purchase than a V6 Ford Explorer, but owning the Ford after five years can end up costing an additional $6,500.
Consumer Reports recommends that in addition to looking for a good deal on their next car, car shoppers also consider how much the model will cost them to own. To help consumers; CR is introducing new owner-cost estimates in the April issue which can help consumers compare models and possibly save thousands of dollars. CR's estimates include depreciation, fuel costs, interest, insurance, maintenance and repair, and sales tax. Because depreciation is factored into the estimates, CR assumes that the vehicle will be traded in after five years… http://www.chathamjournal.com/weekly/living/autos/cr-less-expensive-vs-more-expensive-cars-80331.shtml