Filed under: Car Buying, Earnings/Financials
We’ve all been there. A new car model of some variety or another strikes our fancy, we start playing around with the configurator, and before long we’re staring at a nice, tidy monthly payment on the computer screen. It seems reasonable. With a little starvation and the occasional dabbling in petty crime, it might even be easy to hand over that stack of hundred-dollar bills each and every month. Then reality politely reminds us that there’s more to paying for a new car than the check we write to the bank. Things like fuel, insurance, fees, taxes, repairs and maintenance can quickly add up to more than your monthly payment. There’s even depreciation to factor in. The pros call all of this the cost of ownership.
Good thing, too. We’ve never really been too deft at pick-pocketing.
The good folk at NADA have worked up a list of vehicles with the best cost of ownership compared to their MSRP. Sure, they assumed a few variables – specifically, that the vehicles would be driven around 15,000 miles per year by someone with at least six years of driving experience, but the figures are a good operating base for your own car-buying fantasies. Check out the gallery below for the winners in their segments and then hop the jump for the full press blast.
Gallery: NADA vehicles with the best cost of ownership
Continue reading NADA picks vehicles with best cost of ownership
NADA picks vehicles with best cost of ownership originally appeared on Autoblog on Fri, 27 Aug 2010 13:01:00 EST. Please see our terms for use of feeds.
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