An article in the current Forbes lists the least expensive cars to own, as researched and compiled by Vincentric, an automotive research company in the Detroit area.
Vincentric calculated 5 year ownership expenses for all 2007 model cars by estimating cumulative losses from:
- depreciation
- interest and opportunity costs
- maintenance and repairs
- taxes and fees
- fuel
- insurance
The Vincentric’s Top 10 Least Expensive Cars to Own are:
10. Honda Civic DX sedan
9. Scion xD
8. Chevrolet Cobalt LS
7. Kia Rio
6. Dodge Caliber SE
5. Hyundai Accent GS
4. Nissan Versa S
3. Chevrolet Aveo5
2. Honda Fit
1. Toyota Yaris Liftback
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