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Four SUVs That Will Cost You More In The Long Run Page 3


2010 Kia Sportage

2010 Kia Sportage

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Kia Sportage
MSRP: $16,995 - $23,495

The Kia Sportage is the least expensive SUV in America, but it has its virtues.  Reviewers say it offers nimble handling, and an interior that will surprise you after you've seen the sticker. But the sticker isn't the whole story -- the Sportage earns a “Poor” value rating from IntelliChoice. Its five-year cost of ownership ranges from $31,423 to $37,333. Depreciation is the problem  The Sportage can lose as much as 64 percent of its value over five years -- well above average. With Kia moving on up in image with its new 2011 Sportage, resale value should get a lot better, however.

Smarter Buy: Frankly, you should consider spending more. The Subaru Forester, for instance, starts over $20,000, but will cost you less than that $16,000 Sportage in the end.  Its five-year TCO starts at just $30,818 -- good for an  “Above Average” rating from IntelliChoice. The Forester offers a sportier ride, better cargo space and legendary cold weather performance -- and while it looks more expensive up front, the Forester owner spends less than the Sportage owner in the end.

2010 Jeep Liberty

2010 Jeep Liberty

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Jeep Liberty
MSRP: $23,255 - $28,735

The Liberty is one Jeep that earns its Trail Rated badge, with serious off-road chops, and thoughtful touches rock lovers appreciate, like replaceable plastic fender flares.  Its huge available sunroof is a nice bonus. But, dear car shopper, you probably shouldn't even consider it.  Of the 22 small SUVs we analyzed, the Liberty was the most expensive to own for five years, according to IntelliChoice. The least expensive trim has a TCO of $39,335, while the top-of-the-line model will run a staggering $44,196 over five years.  That's good for a “Poor” rating at every trim level. Why?  High fuel costs, pricey repairs and maintenance, and a big depreciation hit.

Smarter Buy: But you don't have to go far to find a better long-term investment that still offers real off-road capability.  You just have to cross the Jeep showroom.  Amazingly, just as a Jeep posted the highest five-year cost of ownership, a Jeep posted the lower.  It's the Jeep Patriot, with an “Above Average” rating from IntelliChoice. Over five years, the Patriot costs less to fuel, less maintain and less to insure -- and it still gives that trail-rated Jeep character.


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Comments (2)
  1. These TCO analysis are all based on recent historical trends- depreciation and reliability and to the extent historical patterns repeat, can be a good indicator, but be mindful of positive changes such as what seems to be happening with Kia and Hyundai. Longer warranties and improved quality help to reduce cost of ownership and also help reduce depreciation.
     
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  2. Great article, but I don't think these comparisons are meaningful. Of all these recommendations, I can only see the Sportage-Forester one making sense. The Terrain doesn't look half as nice as the Outlander nor does it perform as well, same goes for the Patriot and Liberty (the Patriot does NOT look Jeep-tough) and good grief, how can you compare a Grand Vitara to a CR-V? You get very different packages with the two and you buy them for very different reasons. College kids love the CR-V but would never buy a Vitara, and off-roaders would never even take a glance at a CR-V.
     
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