Cost of Ownership a Consumer Report
Repair and Maintenance expenses are at least 4 percent of cost of ownership in a five years period on average, according to data from Consumer Reports subscribers who responded to the online version of our Annual Car Reliability Survey.
Consumers gave their estimated expenses for 12 months-excluding tires-and the responses provided information on almost 300 models of vehicles up to eight years old. Consumer Reports used estimates based on like models when data was unavailable. The majority of the costs are covered by the factory warranty during the first couple years, but for some vehicles it can still add up. On average, we found that the Porsche Cayenne SUV is the most expensive vehicle to own for maintenance and repairs, costing more than $4,000 over the first five years. But the Toyota Land Cruiser is also luxurious and very capable off-road and costs just over half that.
Now days consumers are owning their vehicles for longer periods to help overcome the depreciation costs. All studies have shown that maintenance and repair cost increase significantly after the first 3 years of ownership. More and more consumers are turning to extending service and warranty contracts to help offset the cost of ownership increases after the first 3 years of ownership.
The data below is from Consumer Reports and shows the cost of ownership for all major vehicle classes. Notice Toyota and Scion are predominantly in the top 10 and even number one in 5 of the 9 classes.
Check out The Weiss Promise and watch your long term cost of ownership decrease.
Consumers gave their estimated expenses for 12 months-excluding tires-and the responses provided information on almost 300 models of vehicles up to eight years old. Consumer Reports used estimates based on like models when data was unavailable. The majority of the costs are covered by the factory warranty during the first couple years, but for some vehicles it can still add up. On average, we found that the Porsche Cayenne SUV is the most expensive vehicle to own for maintenance and repairs, costing more than $4,000 over the first five years. But the Toyota Land Cruiser is also luxurious and very capable off-road and costs just over half that.
Now days consumers are owning their vehicles for longer periods to help overcome the depreciation costs. All studies have shown that maintenance and repair cost increase significantly after the first 3 years of ownership. More and more consumers are turning to extending service and warranty contracts to help offset the cost of ownership increases after the first 3 years of ownership.
The data below is from Consumer Reports and shows the cost of ownership for all major vehicle classes. Notice Toyota and Scion are predominantly in the top 10 and even number one in 5 of the 9 classes.
Lowest cost
|
Highest cost
|
||
Make & Model
|
Cost/year over 5 years
|
Make & model
|
Cost/year over 5 years
|
Small cars
|
|||
Toyota Prius C
|
$5,000
|
Mitsubishi Lancer ES
|
$7,000
|
Toyota Corolla Base
|
5,250
|
Mazda3 Hatchback
|
7,000
|
Honda Fit (base)
|
5,250
|
Nissan Sentra 2.0 SL
|
7,000
|
Smart ForTwo
|
5,500
|
Ford Focus Hatchback
|
7,000
|
Honda Fit Sport
|
5,500
|
Kia Soul
|
7,000
|
Mazda2 (MT)
|
5,500
|
Kia Forte Hatchback
|
7,000
|
Scion xD (MT)
|
5,500
|
Kia Forte Koup
|
7,250
|
Toyota Yaris Hatchback
|
5,500
|
Chevrolet Cruze 1.4T
|
7,250
|
Scion xD (AT)
|
5,750
|
Suzuki SX4 Hatchback
|
7,500
|
Toyota Corolla LE
|
5,750
|
Chevrolet Cruze ECO
|
7,500
|
Family sedans
|
|||
Toyota Camry Hybrid
|
6,500
|
Toyota Camry (V6)
|
8,250
|
Volkswagen Passat TDI
|
6,500
|
Ford Fusion (V6, FWD)
|
8,250
|
Toyota Camry (4-cyl.)
|
6,750
|
Chevrolet Impala (3.6)
|
8,250
|
Hyundai Sonata Hybrid
|
6,750
|
Nissan Altima (V6)
|
8,500
|
Hyundai Sonata (2.4)
|
6,750
|
Subaru Legacy 3.6R
|
8,500
|
Honda Accord (4-cyl.)
|
6,750
|
Chrysler 200 (V6)
|
8,500
|
Ford Fusion (4-cyl.)
|
7,000
|
Kia Optima 2.0T
|
8,750
|
Mazda6 (4-cyl.)
|
7,000
|
Ford Fusion (V6, AWD)
|
8,750
|
Nissan Altima (4-cyl.)
|
7,250
|
Mazda6 (V6)
|
9,000
|
Subaru Legacy 2.5i
|
7,250
|
Volkswagen Passat (V6)
|
9,250
|
Upscale & luxury cars
|
|||
Lexus CT 200h
|
7,750
|
Lincoln MKS AWD
|
13,000
|
Buick Verano (2.4)
|
7,750
|
BMW 535i
|
13,250
|
Audi A3 2.0T
|
8,000
|
Mercedes-Benz E350
|
13,500
|
Buick Regal (2.4)
|
8,000
|
Jaguar XF
|
13,500
|
Acura TSX (4-cyl.)
|
8,250
|
Hyundai Equus
|
14,000
|
Buick Regal (turbo)
|
8,500
|
Lexus LS 460L
|
16,000
|
Buick LaCrosse eAssist
|
8,750
|
Jaguar XJL
|
19,000
|
Infiniti G25 Sedan
|
9,000
|
Audi A8 L
|
20,000
|
Toyota Avalon
|
9,000
|
Mercedes-Benz S550
|
20,500
|
Volkswagen CC 2.0T
|
9,000
|
BMW 750Li
|
21,500
|
Lowest cost
|
Highest cost
|
||
Make & Model
|
Cost/year over 5 years
|
Make & model
|
Cost/year over 5 years
|
Small SUVs
|
|||
Toyota RAV4 (4-cyl.)
|
$7,000
|
Subaru Forester 2.5XT
(turbo)
|
$8,250
|
Honda CR-V
|
7,250
|
Nissan Xterra
|
8,750
|
Nissan Juke
|
7,250
|
Mitsubishi Outlander
(V6)
|
9,000
|
Mitsubishi Outlander
(4-cyl.)
|
7,500
|
Kia Sportage (2.0T)
|
9,250
|
Hyundai Tucson (2.4)
|
7,500
|
Volkswagen Tiguan
|
9,750
|
Midsized SUVs
|
|||
Hyundai Santa Fe
(4-cyl.)
|
8,000
|
Dodge Journey V6)
|
10,750
|
Chevrolet Equinox
(4-cyl.)
|
8,000
|
Nissan Pathfinder (V6)
|
10,750
|
GMC Terrain (4-cyl.)
|
8,000
|
Ford Explorer (V6)
|
11,250
|
Kia Sorento (4-cyl.)
|
8,250
|
Jeep Grand Cherokee
(V6)
|
11,250
|
Jeep Liberty
|
8,500
|
Jeep Grand Cherokee
(V8)
|
12,750
|
Upscale/luxury SUVs
|
|||
BMW X3 (3.0)
|
10,250
|
Mercedes-Benz ML350
|
14,250
|
Land Rover LR2
|
10,500
|
Land Rover LR4
|
14,250
|
Infiniti EX
|
10,500
|
Mercedes-Benz GL350
BlueTec
|
15,000
|
Audi Q5 3.2
|
11,250
|
Porsche Cayenne (V6)
|
15,250
|
Lexus RX 350
|
11,250
|
Infiniti QX56
|
15,500
|
Buick Enclave
|
11,250
|
Lincoln Navigator
|
15,750
|
Volvo XC60
|
11,500
|
Toyota Land Cruiser
|
16,000
|
Mercedes-Benz GLK350
|
11,500
|
Land Rover Range Rover
Sport
|
16,250
|
Land Rover Range Rover
Evoque
|
11,500
|
Mercedes-Benz GL450
|
16,500
|
Acura MDX
|
11,750
|
Cadillac Escalade
(base)
|
17,250
|
Lowest cost
|
Highest cost
|
||
Make & Model
|
Cost/year over 5 years
|
Make & model
|
Cost/year over 5 years
|
Minivans & wagons
|
|||
Toyota Prius V
|
$6,000
|
BMW 328xi Wagon
|
$10,000
|
Volkswagen Jetta Wagon
TDI
|
6,250
|
Dodge Grand Caravan
SXT
|
10,250
|
Volkswagen Jetta Wagon
SE
|
7,500
|
Kia Sedona
|
10,500
|
Mazda5
|
7,750
|
Nissan Quest
|
10,500
|
Subaru Outback 2.5i
|
8,000
|
Chrysler Town &
Country
|
10,750
|
Sporty cars &
convertibles
|
|||
Mini Cooper Hatchback
Base
|
5,750
|
Lexus IS 250
Convertible
|
11,000
|
Honda CR-Z
|
6,000
|
Subaru Impreza STi
|
11,000
|
Fiat 500 Sport
|
6,000
|
Chevrolet Camaro
Convertible SS
|
11,000
|
Volkswagen Beetle 2.5
|
6,500
|
Mitsubishi Lancer
Evolution
|
11,250
|
Fiat 500 C
|
6,500
|
BMW 328i Convertible
|
11,750
|
Mini Cooper Hatchback
S
|
6,500
|
Audi A5 2.0T
|
11,750
|
Scion tC
|
6,500
|
Infiniti G37
Convertible
|
11,750
|
Hyundai Veloster
|
6,750
|
Chevrolet Corvette
Base
|
12,750
|
Kia Forte Sedan
|
6,750
|
Chevrolet Corvette Z06
|
14,500
|
Honda Civic Si
|
7,250
|
Jaguar XK
|
19,000
|
Pickup trucks
|
|||
Toyota Tacoma (V6)
|
8,500
|
Chevrolet Avalanche
|
13,000
|
Chevrolet Colorado
|
9,250
|
Dodge Ram 2500
Turbodiesel
|
13,750
|
Nissan Frontier
|
9,250
|
Ford F-250 Turbodiesel
|
14,000
|
GMC Canyon
|
9,500
|
GMC Sierra 2500HD
Turbodiesel
|
14,250
|
Honda Ridgeline
|
9,500
|
Chevrolet Silverado
2500HD Turbodiesel
|
14,250
|
Check out The Weiss Promise and watch your long term cost of ownership decrease.
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