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Misers' Models: The Ten Cheapest Cars To Own Page 4

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2013 Kia Soul

2013 Kia Soul

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Kia Soul (Base)
MSRP: $14,400
Depreciation over five years: $8,875
Average annual insurance: $881
EPA fuel economy: 25 mpg city, 30 highway (manual)
Five-year total cost of ownership: $29,338

While the Kia Soul doesn't return gas mileage that's on par with most other models in this group, it doesn't depreciate as severely as them either, and its insurance premiums, on average, are the lowest in this top-ten group. Perhaps more importantly, though, the roomy, fun-to-drive Soul gives cost-conscious shoppers a distinct, daringly different body style that combines just the right amount of crossover-vehicle influences with small-car sensibilities.

 

2013 Hyundai Accent

2013 Hyundai Accent

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Hyundai Accent (GLS Sedan)
MSRP: $14,545
Depreciation over five years: $10,139
Average annual insurance: $1,031
EPA fuel economy: 28 mpg city, 37 highway (manual)
Five-year total cost of ownership: $29,474

Hyundai used to be the price leader among small cars—and had the lowest-priced car in the U.S. market for some time—with its Accent; but this year especially it's repositioned this family of subcompact cars for a somewhat different definition of 'value.' The 2013 Accent, still closely related to the Kia Rio, but taking a completely different tack with respect to styling, now includes air conditioning, a sound system, and power windows and mirrors, even in the $14,545 base model. Figure in good gas mileage and a reputation for being trouble-free, and the Accent will keep your budget well under wraps.


 
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Comments (4)
  1. Odd the Honda Fit didn't manage to make it into the top ten.
     
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  2. @John, As I look at the data, the Fit didn't quite make it into the top ten for a couple of subtle reasons: One of them is that its gas mileage (by the official EPA ratings) is a step below some of these other models.
     
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  3. Bengt, thanks for your observation. However, I guess the interpretation of data is sometimes in the eye of the beholder (in this case, Vincentric).

    In the eye of ConsumerReports.org and the data on their website the Honda Fit Base came in with a 5-year ownership total cost of $25,500 ($26,750 for the Sport). Either beats the #1 Vincentric pick Nissan Versa at $27,405 ($28K per CR).

    The Honda Fit Base EPA mileage rating of 28 city, 35 hwy doesn’t seem to be a step below the Vincentric #10 rated Toyota Corolla S at 27 city, 34 hwy nor a step higher than the Vincentric’s calculated 5-year total cost of ownership for the Corolla S at $30,345.

    So it still seems a bit odd to me that the Honda Fit didn’t somehow make Vincentric’s top 10 list.
     
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  4. No one can beat Honda, Toyota, Lexus and Acura. Best cars made. Engines run for 300,000 miles. Even a 10 year old Lexus and Acura model is stylish. Buy them used... I drive a 10 year old Lexus ES330.. runs perfect. Insurance is just $40/month thru Insurance Panda. Gas is cheap too. Not much to repair either. Can't beat it!
     
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