22 vehicles with the lowest projected ownership costs after 5 years

  • Mike Timmermann
  • Clark.com
6:27 a.m. Friday, Feb. 9, 2018 Business

When you’re shopping for a new car, you may spend a lot of your time negotiating the best purchase price at the dealership.

Although getting a low sticker price can save you hundreds or thousands of dollars, Kelley Blue Book reports that you can save even more money over time by choosing the right vehicle in the first place.

KBB has just released its seventh annual 5-Year Cost to Own Awards, which recognizes new vehicles with the lowest projected costs for the initial five-year ownership period.

The following factors were taken into consideration:

RELATED: Hyundai takes money-back guarantee national

KBB: Hyundai, Acura brands have excellent long-term value 

Hyundai is this year’s top brand for lowest total ownership costs, according to KBB.

The automaker’s lineup performed well in most categories, with the Sonata winning the mid-size car category and the Elantra and Accent placing second for the compact car and subcompact car categories, respectively.

When it comes to luxury brands, Acura took the top spot with two standout vehicles in its lineup, the ILX and MDX.

Here are the 2018 model-year category winners in KBB’s 5-Year Cost to Own Awards:

Subcompact car 

Runners-up: Kia Rio, Hyundai Accent

Electric vehicle

Runners-up: Chevrolet Bolt EV, BMW i3

Compact car

Runners-up: Hyundai Elantra, Kia Soul

Subcompact SUV/crossover 

Runners-up: Mazda CX-3, Toyota C-HR

Sporty compact car

Runners-up: Ford Focus ST, MINI Hardtop S/JCW

Compact SUV/crossover

Runners-up: Jeep Wrangler, Kia Sportage

Mid-size car

Runners-up: Kia Optima, Toyota Camry

Mid-size SUV/crossover

Runners-up: Mitsubishi Outlander, Hyundai Santa Fe Sport

Full-size car

Runners-up: Toyota Avalon, Dodge Charger

Full-size SUV/crossover

Runners-up: Ford Expedition, Chevrolet Suburban

Entry-level luxury car

Runners-up: Buick Regal Sportback, Mercedes-Benz CLA

Luxury compact SUV/crossover

Runners-up: INFINITI QX30, Lexus NX

Luxury car

Runners-up: Cadillac XTS, Audi A6

Luxury mid-size SUV/crossover

Runners-up: Acura MDX, Lexus RX

High-end luxury car

Runners-up: Lexus LC, Audi A8

Luxury full-size SUV/crossover

Runners-up: Lincoln Navigator, Toyota Land Cruiser

Sports car

Runners-up: Dodge Challenger, Audi S3

Mid-size pickup truck

Runners-up: Chevrolet Colorado, GMC Canyon

High-performance car 

Runners-up: Dodge Charger SRT, Ford Mustang Shelby GT350

Hybrid/alternative energy car

Runners-up: Kia Niro, Toyota Prius

Full-size pickup truck 

Runners-up: Chevrolet Silverado HD, Toyota Tundra

Minivan

Runners-up: Toyota Sienna, Kia Sedona

To read more about the 5-Year Cost to Own Awards, visit KBB.com.

Whether you’re shopping for a new or used car, Clark recommends that you consider a short-term subscription to Consumer Reports to check out its ratings and reviews.

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