What will your vehicle cost be over the next 5 years?

When you consider the prices in the vehicle market over the past few years, you may feel that buying a vehicle today is an expensive. Prices of used cars will continue to drop, but you should consider when buying a car is the true — and overall — cost of ownership. What Vehicles Will Cost You the Least After 5 Years? 5-Year Cost to Own projections reveal the overall financial costs associated with a vehicle, including the price tag and other hits to your wallet down the road. Consider the car costs for you to drive it off the lot, maintenance, fuel, insurance, repairs and its market value after five years of ownership. Let’s take a look at vehicles with the most favorable five-year costs overall....a range of 2023 model classes, including subcompact SUVs, midsize cars, hybrids and more. Here’s What A Few Vehicles Are Projected To Cost Over the First 5 Years Make and Model Vehicle Class 5-Year Cost to Own 2023 Toyota Tundra Fullsize Pickup Truck $48,254 2023 Hyundai Venue Subcompact SUV $31,686 2023 Subaru Forester Compact SUV $37,367 2023 Subaru Impreza Compact Car $31,041 2023 Honda Accord Midsize Car $36,732 2023 Lexus LS Fullsize Luxury Car $83,727 2023 Lexus ES Midsize Luxury Car $53,063 2023 Subaru BRZ Sports Car $39,908 2023 Toyota Corolla Hybrid Hybrid Car $30,207 2023 Chevrolet Bolt EV Electric Car $28,610 2023 Toyota Sienna Minivan $42,669