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Kiplinger lists cars cheap to own

Posted February 28, 2011

Tonight’s story is about Consumer Reports annual list of top vehicle picks in 10 categories. Testers look at many factors including safety, reliability, overall performance and even “creature features.”

But if you’re looking to get the overall best bang for you buck, Kiplinger – known for its personal finance advice – came up with its top picks of the cars that are the absolute Cheapest to Own.

They looked at everything from the cost of insurance to fees to fuel. They’re all a little too small for my liking, but I think the Kia Soul is kind of cute. And it’s even “recommended” by Consumer Reports!

What do you think? If you drive a bigger vehicle, do you think you could live with driving a smaller size car for the savings?

3 Comments

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  • samsuffy1 Mar 1, 8:51 a.m.

    I question your insurance costs. I own a 2010 Camry with standard 300K insurance including collision and it costs only $800 per year.

  • snowl Mar 1, 5:27 a.m.

    Without even reading the list, I know that Honda is at the top. I would never drive/own anything else. No repair bills other than routine maintenance, great gas mileage, comfort and affordability with a higher resale value. Accord and Civic models are the only cars I've owned exclusively now for over 25 years and counting:-)

  • Sophie Lowe Feb 28, 10:20 p.m.

    No way. Ask anyone who works on a rescue squad about small cars. You can have them.

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In addition to the stories you see on TV, Monica is always looking for ways to help consumers find deals and avoid fraud. She'll blog about what you need to know here.