Volvo XC70 & V40 have lowest cost of ownership

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Stephen Henning

Volvo XC70 & V40 have lowest cost of ownership in their class

Netscape and Edmunds published a list of the most economical cars to own
in a number of different classes. Their assumptions were that the car
would be driven 75,000 miles in 5 years and then sold. It would be
bought at the best dealer new price and sold at the Edmunds private
party used sale price. Insurance, dealer maintenance costs and fuel
costs are included. So the following are the true costs of vehicle
ownership.

The report is at:
http://netscape.edmunds.com/reviews/tco/2004/index.html

Wagons
Wagon Under $15,000: Scion xB $0.35 per mile
Wagon Under $25,000: Toyota Matrix $0.34 per mile
Wagon Under $35,000: Volvo V40 $0.48 per mile
Wagon Under $45,000: Volvo XC70 $0.57 per mile
Wagon Over $45,000: Audi S4 $0.78 per mile

Sedans
Sedan Under $15,000: Toyota Scion xA $0.32 per mile
Sedan Under $25,000: Honda Civic $0.29 per mile
Sedan Under $35,000: Acura TSX $0.47 per mile
Sedan Under $45,000: BMW 3 Series $0.65 per mile
Sedan Over $45,000: Audi S4 $0.78 per mile

Convertibles
Convertible Under $25,000: Volkswagen New Beetle $0.41 per mile
Convertible Under $35,000: Toyota MR2 Spyder $0.45 per mile
Convertible Under $45,000: Nissan 350Z $0.59 per mile
Convertible Over $45,000: Mercedes-Benz SLK-Class $0.59 per mile

SUVs
SUV Under $25,000: Honda CR-V $0.36 per mile
SUV Under $35,000: Toyota Highlander $0.42 per mile
SUV Under $45,000: Infiniti FX35 $0.59 per mile
SUV Over $45,000: Volkswagen Touareg $0.60 per mile

Trucks
Compact Truck: Toyota Tacoma $0.35 per mile
Large Truck: Ford F-150 Heritage $0.49 per mile

Vans
Minivan: Honda Odyssey $0.40 per mile
Van: Ford Econoline Cargo $0.50 per mile

Coupes
Coupe Under $15,000: Toyota ECHO $0.31 per mile
Coupes Under $25,000: Honda Civic $0.31 per mile
Coupe Under $35,000: Mazda RX-8 $0.48 per mile
Coupe Under $45,000: Audi TT $0.54 per mile
Coupe Over $45,000: Mercedes-Benz CLK-Class $0.67 per mile

Note that most under $15,000 vehicles are no bargain.
 
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