KBB Lists Most Fuel-Efficient Vehicles Available With 5-Year Total Cost of Ownership Less Than $30,000
Kelley Blue Book, www.kbb.com, a provider of new and used vehicle information, released a report on March 13 on the most fuel-efficient vehicles available with a five-year total cost of ownership (TCO) less than $30,000. The TOC information loooks at depreciation, expected fuel costs, finance and insurance fees, maintenance and repair costs, and state fees for new models for the initial five-year ownership period.
"We featured only the most affordable trims available for each vehicle on our list, so some creature comforts and amenities may not be available at these bargain basement prices," said Alec Gutierrez, senior market analyst of automotive insights for Kelley Blue Book. "Consumers can always opt to spend a little more to jump up a trim or two to get all of the features they want, but those determined to spend as little as possible on a new vehicle need look no further than this list." (click to enlarge chart)
All incentives listed are subject to change and may or may not be combined. Check your local dealer or manufacturer's website to verify local offers. Kelley Blue Book's Fair Purchase Price (FPP) relies on actual transactions from around the country. Kelley Blue Book's Total Cost of Ownership (TCO) considers FPP, fuel and other factors to reflect a five-year estimated cost of ownership. At the time of publication, KBB did not have sufficient data to publish a TCO for the Chevrolet Sonic.