A vehicle is usually the second most expensive item we’ll ever purchase in our lifetime. While getting The Family Deal on a new car is great, sometimes we tend to forget about the other costs associated with owning a new vehicle.
Things like financing, insurance, gas, state fees, regular maintenance and vehicle depreciation add to the overall cost of ownership of a vehicle.
And if you’re like me and not a fan of the math, the vast amount of numbers to crunch can become overwhelming.
That’s where Kelley Blue Book’s 5-Year Cost to Own Awards come in to play. KBB has done all the legwork and calculated the cost-to-own on all vehicle models for 2015.
Now that the hard work is done, you can take your time and browse the list of vehicles with the lowest 5-year cost of ownership listed below.
Subaru Is The Best Brand For Cost of Ownership
After compiling it’s data each year, Kelley Blue Book names a brand champion that offers the most outstanding ownership costs across its entire lineup.
For 2015, Subaru was the brand that was given this prestigious award:
Offering standard all-wheel drive in all but one of its models, plus improved fuel efficiency and a strong reputation for long-term reliability, Subaru claims this year’s 5-Year Cost to Own Award for best brand.
If you’re already convinced a Subaru is the make of vehicle for you, click here to browse the inventory at LaFontaine Subaru.
5-Year Cost To Own Category Winners
Below you’ll find a category-by-category breakdown on 5-Year Cost to Own Winners. Listed next to each vehicle is it’s expected cost of ownership over a 5 year period.
Here’s the formula that KBB.com used to calculate cost of ownership:
Cost to Own = Cost of Vehicle + Financing + Insurance + State Fees + Fuel Consumption + Expected Maintenance + Depreciation
Best Subcompact Car
- 2015 Chevrolet Spark – $26.905
- 2015 Nissan Versa – $27,460
- 2015 Scion iQ – $27,953
Best Compact Car
- 2015 Toyota Corolla – $30,416
- 2015 Honda Civic – $31,223
- 2015 Hyundai Veloster – $32,262
Best Mid-Size Car
- 2015 Mazda 6 – $35,321
- 2015 Subaru Legacy – $35,757
- 2015 Toyota Camry – $35,765
Best Full-Size Car
- 2015 Chevrolet Impala – $45,399
- 2015 Toyota Avalon – $47,368
- 2015 Ford Taurus – $49,291
Best Sporty Compact
- 2015 Honda Civic Si – $35,716
- 2015 Ford Focus ST – $36,813
- 2015 Hyundai Veloster Turbo – $36,850
Best Sports Car
- 2015 Mazda MX-5 Miata – $40,178
- 2015 Subaru BRZ – $40,187
- 2015 Chevrolet Camaro V6 – $40,834
Best High Performance Car
- 2015 Ford Mustang GT – $49,545
- 2015 Chevrolet Camaro SS/ZL1/Z/28 – $53,345
- 2015 Chevrolet Corvette Stingray – $65,852
Best Entry-Level Luxury Car
- 2015 Buick Verano – $40,934
- 2015 Acura ILX – $41,406
- 2015 Audi A3 – $46,771
Best Luxury Car
- 2015 Audi A5 – $57,527
- 2015 Volvo S80 – $58,311
- 2015 Lexus GS – $63,188
Best Hybrid/Alternative Energy Car
- 2015 Toyota Prius c – $34,780
- 2015 Honda CR-Z – $34,967
- 2015 Toyota Camry Hybrid – $35,024
Best Plug-In Vehicle
- 2015 Chevrolet Spark EV – $28,964
- 2015 Nissan LEAF – $31,763
- 2015 Chevrolet Volt – $35,480
Best Compact SUV / Crossover
- 2015 Jeep Patriot – $35,272
- 2015 Jeep Wrangler – $35,895
- 2015 Subaru Forester – $35,984
Best Mid-Size SUV/Crossover
- 2015 Jeep Wrangler Unlimited – $37,834
- 2015 Subaru Outback – $39,225
- 2015 Mitsubishi Outlander – $39,585
Best Full-Size SUV/Crossover
- 2015 Ford Explorer – $48,840
- 2015 Mazda CX-9 – $49,762
- 2015 Dodge Durango – $51,949
Best Luxury Compact SUV/Crossover
- 2015 Buick Encore – $40,266
- 2015 Acura RDX – $47,654
- 2015 BMW X3 – $52,779
Best Luxury Mid-Size SUV/Crossover
- 2015 Lincoln MKX – $50,806
- 2015 Infiniti QX60 – $52,065
- 2015 Lexus RX – $54,627
Best Luxury Full-Size SUV/Crossover
- 2015 Buick Enclave – $59,700
- 2015 Audi Q7 – $70,924
- 2015 Lincoln Navigator – $75,078
Best Hybrid SUV/Crossover
- 2015 Toyota Highlander Hybrid – $51,337
- 2015 Infiniti QX60 Hybrid – $53,459
- 2015 Lexus RX 450h – $54,442
Best Mid-Size Pickup Truck
- 2015 Chevrolet Colorado Crew Cab – $35,891
- 2015 GMC Canyon Crew Cab – $36,370
- 2015 Toyota Tacoma Double Cab – $36,692
Best Full-Size Pickup Truck
- 2015 GMC Sierra 1500 Regular Cab – $42,881
- 2015 Chevrolet Silverado 1500 Regular Cab – $43,471
- 2015 Ford F150 SuperCrew Cab – $45,034
Best Minivan / Van
- 2015 Mazda MAZDA5 – $38,623
- 2015 Dodge Grand Caravan – $43,563
- 2015 Toyota Sienna – $45,286
Did you find this cost to own info useful? Do you take total cost of ownership into consideration when purchasing a vehicle? Share your thoughts in the comment section below.