Modern cars often face hefty repair bills at the mechanic, adding to already high costs of ownership. The following is a guide to cars with the lowest maintenance costs.
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If you plan to purchase a vehicle this year and have narrowed your selection down to two cars that are similar in price, you'll probably want to consider the cost of maintaining these vehicles. The cars with the lowest maintenance costs are generally attractive to buyers, particularly because many vehicles have hidden costs that buyers are not aware of until after they've made a purchase. The following cars may interest you if you don't like spending a lot of money on vehicle maintenance.
Toyota Camry Hybrid
The Toyota Camry Hybrid deserves a place on any list of cars with the lowest maintenance costs. The latest model has a starting price of $26,140. If you don't want to spend that much, you can find older models of this vehicle at many Toyota dealerships. Although the Toyota Camry Hybrid has more technology and better fuel economy than the standard Toyota Camry, the Camry Hybrid costs approximately $64 less to maintain over a five-year period, primarily because the tires on the Camry Hybrid are cheaper to replace.
You can expect to spend approximately $3,067 over a five-year period to keep your running smoothly and efficiently, and this amount includes the cost of maintenance and vehicle repairs. This comes out to slightly more than $600 per year.
Toyota Yaris
The Toyota Yaris is a subcompact vehicle that was first launched in 1999. It is mostly known for its reliability and great price, but the Toyota Yaris is also fairly inexpensive to maintain. The Toyota Yaris has a starting price of $14,370, and you can expect to pay approximately $3,039 over a five-year period to repair and maintain this vehicle.
For a subcompact car, it has a fairly spacious interior, and it offers a fuel economy of 30 mpg in the city and 37 mpg on the highway. The Toyota Yaris is a great choice if you want an attractive car that will allow you to save money on gas and vehicle maintenance.
Honda Fit
The final vehicle on this list of cars with the lowest maintenance costs is the Honda Fit. Like the Toyota Yaris, the Honda Fit is known for its top-notch performance and great fuel economy. The new Honda Fit has a starting price of $15,425 and will cost you an average of $2,937 to maintain over a five-year period.
Although this vehicle has a small exterior, it is pretty spacious for a compact car, and it has the reputation for being relatively inexpensive to repair. In 2013, the Honda Fit received the award for 2013 Top Safety Pick by the Highway Safety Insurance Institute.
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