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Kelley Blue Book: 2013 Scion iQ Cheapest U.S. car to own for five-year tenure

Michael James

Kelley Blue Book, like many other automotive sites, likes car lists. Arguably the enduring site’s most popular list is its annual compilation of the cheapest cars to own. The new list covers 22 categories for 2013 models.

The new list is collaboration with Forbes.com and winners of the Kelley Blue Book Total Cost of Ownership Awards. The list considers many factors: depreciation, fuel, insurance costs, registration fees and maintenance.

Add up all the factors and the amount is the cost of the vehicle over five years.

Here’s the list in 22 categories with the segment vehicle name, Base, MSRP, 5-year cost and cost per mile:

Subcompact, Scion iQ, $16,250, $27,011, $0.36
Compact, Hyundai Veloster, $18,395, $30,581, $0.41
Hybrid/Alternative Energy, Honda Insight, $19,390, $30,871, $0.41
Compact SUV/Crossover, Jeep Patriot, $16,990, $31,863, $0.42
Sport Compact, Hyundai Veloster Turbo, $22,895 $34,925, $0.47
Midsize, Hyundai Sonata, $21,790, $36,027, $0.48
Electric, Chevrolet Volt, $39,995, $37,052, $0.49
Minivan, Mazda5, $20,735, $38,193, $0.51
Midsize, SUV/Crossover, Mitsubishi Outlander, $23,520, $38,786, $0.52
Sports Car, Ford Mustang, $22,995, $39,447, $0.53
Entry Level Luxury Car, Buick Verano, $23,975, $40,137, $0.54
Full-size SUV/Crossover, Ford Explorer, $29,995, $45,689, $0.61
Full-size Pick-up Truck, Chevrolet Silverado 1500 Regular Cab, Truck, $24,585, $46,062, $0.61
Full-size Car, Chevrolet Impala, $26,685, $46,628, $0.62
Luxury Compact, Acura RDX, $35,215, $47,442, $0.63
Hybrid SUV/Crossover, Toyota Highlander Hybriod, $41,015, $48,676, $0.65
High Performance Sports Car, Ford Mustang GT, $31,545, $49,592, $0.66
Luxury Mid-Size SUV/Crossover, Lincoln, MKX, $40,420, $50,598, $0.67
Luxury Full-Size, SUV/Crossover, Lincoln, MKT, $46,160, $56,776, $0.76
Luxury Car, Lexus GS 350, $48,125, $57,245, $0.76
High-End Luxury Car, Porsche Panamera, $76,825, $83,969, $1.12
Mid-Size, Double Cab, Toyota Tacoma, $23,370, N/A, N/A

Article Last Updated: August 4, 2023.

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