Photo: Toyota / edited by autoevolution
Leading provider of new and used car information Kelley Blue Book as selected three Toyota models for their 5-year Cost to Own award.
Starting with the compact car category, this one was topped by the Toyota Corolla, while the Hybrid/Alternative Energy category got dominated by the Toyota Prius c (Aqua). Also, the Tacoma regular cab took first place in the mid-size pickup truck class.
While depreciation (loss of value) and fuel costs may be the greatest expenses incurred in owning a vehicle, other factors can have a significant impact on a consumer’s pocketbook including finance and insurance fees, maintenance and repair costs, and state fees for new models.
KBB calculates total ownership costs for new vehicles by applying a sophisticated valuation methodology along with critical financial data from third-party providers.
While depreciation (loss of value) and fuel costs may be the greatest expenses incurred in owning a vehicle, other factors can have a significant impact on a consumer’s pocketbook including finance and insurance fees, maintenance and repair costs, and state fees for new models.
KBB calculates total ownership costs for new vehicles by applying a sophisticated valuation methodology along with critical financial data from third-party providers.
Google News