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
Best Compact Car
Best Mid-Size Car
Best Full-Size Car
Best Sporty Compact
Best Sports Car
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
Best Plug-In Vehicle
Best Compact SUV / Crossover
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
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
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.