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Hot Cars and Cheap Cars

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The beginning of the year must be popular for talking about upgrading your vehicle. Recently, I mentioned the insurance discount for hybrid owners, but there are some additional stories about cars in the news.

Kiplinger’s Personal Finance Magazine surveyed MSRP, service costs, resale value, fuel cost, and insurance cost to come up with a value representing the cost to own certain 2006 vehicles. Here are the cars that came out as the cheapest to own:

* Scion xA
* Honda Civic DX
* Toyota Corolla CE
* Nissan Sentra
* MINI Cooper

On the other side of the cost spectrum, Forbes is featuring an article called, “What We Can’t Wait To Drive.”

While the cost-conscious steer towards Honda and Toyota, it’s more “exciting” to talk about the Bugatti Veyron (which I’ve never heard of, personally), Aston Martins, Porsche, Mercedes-Benz, and BMW.

Updated February 7, 2012 and originally published January 6, 2006. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

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About the author

Luke Landes is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about Luke Landes and follow him on Twitter. View all articles by .

{ 3 comments… read them below or add one }

avatar Nick

And MINIs keep their resale value better than many cars, too! Mine’s two years old and has only dropped a few thousand in value. Of course, the big drop will probably be with year three, but it’s been extremely hassle-free and saves me a TON on gas, especially compared to my dad’s Hummer. He sells Hummers for a living, so he was a little disappointed when I went to the exact opposite of the car size spectrum. That’s okay, I don’t mind paying less for gas and being able to see other cars.

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avatar Luke Landes

Interesting picture. You can probably fit five MINIs inside a Hummer. Maybe more.

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avatar JimmyC

I would KILL for a Mini and no one better testify against me!! hahahaha

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