What is the cheapest car to own per mile?
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What is the cheapest car to own per mile?
Toyota Prius C One: $18,950, 53 mpg city/46 mpg highway; five-year cost to maintain is $31,346, and cost per mile is 42 cents. Toyota added the Prius C One for 2012 to its three-model Prius lineup. It’s the smallest in the group of cheapest cars to own.
What is the most cost effective way to own a car?
Generally, buying a car outright is the cheapest way of owning a new car, as you’ll only be paying the cost of the vehicle, without interest. But if you don’t have the money up front, or you don’t want to pay a lump sum straightaway, leasing is an alternative.
Which cars have the lowest ownership costs?
A dozen vehicles with the lowest ownership costs
- Toyota Corolla Hybrid – $30,028.
- Hyundai Venue – $29,145.
- Hyundai Elantra – $30,117.
- Volkswagen Passat – $36,368.
- Subaru Forester – $36,446.
- Nissan Leaf – $37,680.
- Acura ILX – $39,069.
- Ford Ranger – $40,532.
How much does a Tesla Model 3 cost per mile?
Moving on to the least expensive Tesla, the 50 kWh battery on the Standard Range Plus Model 3 will cost approximately $11.47 to fully charge, while the 82 kWh batteries on the other trims will run you about $18.82 each. A Standard Range Plus Model 3 comes out to roughly $0.044 per mile and $4.38 for 100 miles of range.
Is it cheaper to lease or buy a car?
In terms of out-of-pocket spending, leasing costs $2,584 less over six years than buying a new car, excluding any maintenance and repair costs the new car might incur. The out-of-pocket cost of buying a used car is $5,547 cheaper than leasing and $8,131 cheaper than buying a new car.
What’s the best option to buy a car?
Cash. The most straightforward and cheapest way to buy a car is to buy it outright with cash.
What is the cost of ownership for a Tesla?
On average, it will cost $61,506 to own a Tesla for 5 years. This includes deprectiation, insurance, maintenance, financing charges and fuel costs. Depreciation, or the value that the car has lost over time, is generally predictable.
What is the cheapest new car to own?
What is the Cheapest New Car?
- 2021 Chevrolet Spark $14,395. The Chevrolet Spark is the cheapest new car you can buy.
- 2021 Mitsubishi Mirage $15,290.
- 2021 Nissan Versa $15,955.
- 2021 Hyundai Accent $16,400.
- 2021 Kia Rio $17,045.
- 2021 Kia Forte $18,855.
- 2022 Subaru Impreza $19,755.
- 2021 Hyundai Veloster $19,905.
Which one is the cheapest Tesla?
standard range Model 3
Now the cheapest Tesla is the standard range Model 3, which starts at $43,990. Last weekend, most Tesla models bumped up in price by $2,000. (The Model 3 standard range used to be $41,990.)
How much would a 30000 car cost per month?
A $30,000 car, roughly $600 a month.