When you buy an SUV, you need to think about so many different things, not just price. You always want to buy a vehicle that delivers the most possible for the money that is spent. There are various things that you need to take into account when you choose what car to buy, but it is a certainty that the options mentioned below are among the very best. Even if you love SUVs, there is no way to deny the fact that these cars are truly wonderful and pretty cheap.
Best Subcompact – Honda Fit LX
A 5-year cost to own this vehicle is around $27,000. Honda Fit is a wonderful four-door hatchback that is not at all costly in 2019. This does include depreciation that is under $10,000. Operating costs are really good, including insurance, repairs, maintenance and fuel. You end up spending around $0.37 per each mile driven if you drive around 15,000 yearly.
Best Compact Car – Volkswagen Jetta 1.4T S
The 5-year cost to own the Volkswagen Jetta 1.4T S is around $28,000. It is really entertaining to drive and roomy, much more than expected. You do not have to spend a lot to own the car. Owners lose around $11,000 due to depreciation over 5 years and spend around $17,000 on operating expenses. The cost per mile that is calculated is around $0.38.
Best Hybrid/Alternative Energy Car – Toyota Prius Prime Plus
The 5-year cost to operate is around $28,000. It is just outpaced by others because of more affordability. The value loss is normal and the per mile cost is also $0.38, making it still one of the really costly vehicles on the list. You can also try the non-plug-in $30,000 Honda Insight EX Hybrid if you want to.
Best Midsize Car – Honda Clarity Plug-In Hybrid
The 5-year operational cost is $30,000, making it the very best one in class when it comes to ownership costs. This is mostly due to the frugal fuel economy that you get access to. Depreciation does stand out to be higher than with other alternatives but you still end up with an overall ownership cost of $0.4 per mile, which is not that bad.
Best Electric Vehicle – Hyundai Ioniq Electric
Another car that is $30,000 for a 5-year overall ownership cost, the Hundai Ioniq Electric is very cheap to run. The out-of-pocket expenses are just around $6,800. The depreciation is the one that costs a lot, but you do end up with $0.41 per each mile driven in the first five years. If you want something else, you can also consider Kia Soul EV.
Best Sports Car – Mazda MX-5 Miata Sport
Mazda MX-5 Miata is always considered to be a sports car that has a very high value. Performance is lively and it is better than the predecessors when it comes to cargo space and passenger room. Value is held up really high, with the depreciation being around $15,000 for the first 5 years. The average costs are $0.48 per mile driven if you drive around 15,000 miles every single year.
Best Entry-Level Luxury Car – Acura ILX
With a 5-year ownership cost of around $36,000, this car is sportier than most of its rivals from Europe. It is a compact model that beats most because of ownership costs and the fact that you just need to spend around $0.49 per each mile driven.