When buying a car, it’s important to consider total cost of ownership (TCO) as well as its initial price tag.
Here are just five vehicles that will save you money in the long run.
1. Mazda CX-5
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As one of the most affordable crossovers on the market, the Mazda CX-5 is already attractive to drivers on a budget. Throw in its low cost of ownership, however, and it quickly becomes an absolute steal to those looking for a steady and reliable SUV that won’t break the bank.
2. Lexus ES Hybrid
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It may be a luxury car, but that doesn’t mean it also comes with a luxury price. The Lexus ES Hybrid has incredibly low maintenance and mileage costs due to its hybrid engine, and it also comes with a terrific resale value if you ever feel like trading it in for another model. You’ll also be saving the environment! Don’t forget that!
3. Toyota Camry
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The Camry cost of ownership is anywhere from $1,000 to $5,000 less than its competitors in the same class. These are numbers straight from Toyota after looking at its costs over a five-year period. If you want a vehicle that’s sleek, roomy and a better bargain than anything else on the lot, choose a Camry.
4. Chevrolet Spark
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The Spark lives up to its name by providing a light in the darkness to those who are tired of searching for an attractive yet fuel-efficient car. The Spark has up to 38mpg in highway fuel economy, and it’s also one of the most affordable brands in subcompact cars. You can treat yourself to a Spark without worrying about the kids’ college funds.
5. Toyota Yaris
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Though it comes with a slightly higher price tag than its competitors, the Yaris is an excellent long-term investment that will save you thousands in five-year costs. It’s also a brand known for its longevity; 80 percent of Toyota cars sold 20 years ago are still on the roads today. If you can splurge a little right now, you’ll reap benefits for decades to come.
These are just five cars worth considering when looking for the best value in everyday ownership. It doesn’t matter if you’re eyeing a small family vehicle or a large off-roader: You’ll want something safe, economical and affordable for all of your commuting or recreational needs.