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