Smart SpendingSmart Spending

The most and least expensive cars to own

Does your car suck your wallet dry, or do you have an economics-friendly vehicle? Consumer Reports provides answers.

By MSN Money Partner Apr 7, 2014 4:56PM

This post comes from Krystal Steinmetz at partner site Money Talks News.


Money Talks News on MSN MoneyWhen you're looking for a screaming deal on a car, it may be tempting to solely consider the purchase price of a vehicle when making a decision on whether to buy. But the sticker price alone doesn't give you the true picture of the costs associated with owning the car.


According to Consumer Reports, it's important to look past the purchase price and consider Filling fuel tank © Corbisother car-related expenses -- like depreciation, fuel, loan interest, insurance premiums, sales tax, and maintenance and repair -- before you buy a car. These expenses can mean the difference between an economical vehicle and a car that costs more a month than your rent.


Consumer Reports determined that the following vehicles are the most and least expensive to own (according to five-year owner cost estimates):


Most expensive
  • Midsize sedan: Volkswagen Passat SEL Premium V6 -- $45,600.
  • Luxury sedan: BMW 750Li -- $106,200.
  • Sports car: Porsche Boxster 2.7 (manual) -- $64,200.
  • Small SUV: Volkswagen Tiguan SEL -- $48,000.
  • Large SUV: Nissan Armada Platinum -- $72,000.

Least expensive

  • Midsize sedan: Toyota Camry Hybrid XLE -- $31,800.
  • Luxury sedan: Lexus ES300h -- $42,000.
  • Sports car: Honda Civic Si (manual) -- $34,800.
  • Small SUV: Subaru XV Crosstrek Premium -- $34,200.
  • Large SUV: Chevrolet Traverse -- $51,000.

Did your vehicle make the list? Click here for a full inventory of the most and least expensive vehicles to own, and here to see Consumer Reports' best and worst car lists.


More on Money Talks News:

47Comments
Apr 7, 2014 5:33PM
avatar
Since WHEN is the Honda Civic Si a "sports car"???????????
avatar
Your link reads best and worst cars to own. What you get is most and least expensive to own. You have no integrity by doing this over and over. MSN is dishonest. 
Apr 7, 2014 8:10PM
avatar
Another bought and paid for article, brought to you by MSN auto's...
Apr 7, 2014 8:15PM
avatar

Has anyone else noticed how comments critical of MSN's "headlines" or "news" coverage tend to disappear?  (Wonder how long this one will last.)

Apr 7, 2014 5:43PM
avatar
If you are looking for a cheap car to own you don't keep it for 5-years. Middle class and up are the types to want a new car every 3 to 5 years and that is why leases are so popular. I own a 1999 VW Passat with 197,000 miles on it. I'll bet my total cost to own divided by 11 years will smash these "deals" to bits. I do repairs/maintenance myself. It’s cheap to fill up (with the help of gas buddy).  It’s cheap to insure ($25/month from Insurance Panda). And its still a smooth ride. I’d like to see what a 10 year cost to own looks like in these low end cars if they even last that long. Silly article.
Apr 8, 2014 8:12AM
avatar
The link to get to this story said, "Best and Worst Cars to Own". This story is not about that. It is deceptive. Just like your other link that says, "Sex assault claim against Tiger." Now don't you think that most people would assume a different Tiger, not a member of the Detroit Tigers?
Apr 8, 2014 9:49AM
avatar
What does a car's price tag have to do with "best" and "worst", MSN?
Apr 7, 2014 7:56PM
avatar
If it is in print, ignore it.  Someone is being paid to print it.
Apr 7, 2014 5:51PM
Apr 7, 2014 10:49PM
avatar
Mathematics. Purchase any auto/suv new. End of model year with rebates, finance for five years. Keep vehicle at least 10 years and maintain. End of 10 years is it less than 3 monthly payments per year to maintain including tires. If the answer is yes, keep it. 1985 Olds 88, 1994 Lincoln Town Car and 2004 Mercury Grand Marquis purchased new. The 2004 at 143,00 miles still gets 3000 mile oil changes and every 50,000 all fluids drained and new filters along with new fluids. My average maintenance is running about $1100.00 a year including tires and so far one set of brakes. Insurance with full coverage is under $700.00 a year. Living in the Southwest makes it so easy to keep a vehicle 10-20 years and it still looks good. The autos I would purchase today break $40,000. At 71 years of age, it is way more money than I would invest in another new one. Hell, I may not be around long enough to pay it off.
Apr 7, 2014 5:57PM
avatar
Think MSN is carrying censorship a little too far. Can't even use the word f00l
Apr 7, 2014 10:28PM
avatar
Very interesting to see how MSN doesn't allow commentary on most of their story's. Could it be that they are not secure with themselves and can't take anyone challenging their fragile ego's?.
Apr 8, 2014 10:21AM
avatar

the worst vehicle to own is the one you buy for your kid to drive

 

Apr 8, 2014 10:48AM
Apr 8, 2014 8:31AM
avatar
14.9 sec in the 1/4 mile does not a sports car make nowadays. I think there are minivans that are faster.
Apr 7, 2014 6:15PM
avatar
did your car make the list, love these articles, how about an 06 Acura RL with 78000, cost since new, not more than 6000, where they get these numbers is beyond me. 
Apr 7, 2014 7:08PM
avatar

Are we supposed to trust Consumer Reports on these numbers? Over $800 a month for the 

" least " expensive large SUV. Where do I sign up for a lease ?

Apr 8, 2014 11:28AM
avatar
This article is completely absurd.  Given how many people voted for that lying, cheating Nobama are probably dumb enough to believe this garbage.  EVERY Government Motors car is more expensive because they a pieces of crap.  Come on MSN and delete this too.  I guess you all are in bed with Nobama and his misrepresented "facts".
Apr 8, 2014 8:30AM
avatar
In my opinion, the worst vehicle to own is one that is a gas hog, has the most recalls for defects, didn't do well in crash tests and where it is the highest on insurance rates. Stay away from those lemons.
Apr 8, 2014 11:17AM
avatar
Since when did a Civic Si cost $34000  I work @ a Honda dealership You're about  $10000 too high!!!!
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

ABOUT SMART SPENDING

Smart Spending brings you the best money-saving tips from MSN Money and the rest of the Web. Join the conversation on Facebook and follow us on Twitter.

LATEST BLOG POSTS

Can you trust Carfax?

If you're thinking about buying a car and the Carfax report comes back clean, you're good to go, right? Um, maybe not. Here are four other ways you can avoid buying a clunker.

VIDEO ON MSN MONEY

TOOLS

More