Advertisement

The Car and Truck Fleet and Leasing Management Magazine

KBB Names Lowest Cost-to-Own 2015 Models

February 12, 2015

Graphic courtesy of Kelley Blue Book.
Graphic courtesy of Kelley Blue Book.

Kelley Blue Book (KBB) has announced the 2015 model-year vehicles and brands with the lowest projected ownership costs. These awards are based on KBB’s “5-Year Cost to Own” data for new cars for the initial five-year ownership period.

While depreciation (or loss of value) and fuel costs could be the greatest expense incurred in owning a vehicle, there are other factors that can have an impact on a consumer’s budget.

Found on KBB.com, “5-Year Cost to Own” information looks at expected fuels costs, depreciation, finance and insurance fees, maintenance and repair costs as well as state fees for new vehicle models.

"New-car shoppers usually pay a lot of attention to how much a car will cost upfront; however, sometimes an even more expensive car on the front end can actually save you money during the first five years of ownership by having low total ownership costs," said Dan Ingle, vice president of vehicle valuations for Kelley Blue Book. "Kelley Blue Book's 5-Year Cost to Own information evaluates the other out-of-pocket expenses drivers will incur beyond the initial purchase price, which helps consumers choose the vehicle that fits their needs and their long-term budget best, helping save money down the road."

Winners

2015 5-Year Cost to Own Award: Brand — Subaru

2015 5-Year Cost to Own Award: Luxury Brand — Lincoln

 2015 5-Year Cost to Own Awards: By Vehicle Category
SUBCOMPACT CAR: Chevrolet Spark  
COMPACT CAR: Toyota Corolla  
SPORTY COMPACT CAR: Honda Civic Si  
MID-SIZE CAR: Mazda MAZDA6  
FULL-SIZE CAR: Chevrolet Impala  
ENTRY-LEVEL LUXURY CAR: Buick Verano  
LUXURY CAR: Audi A5  
HIGH-END LUXURY CAR: Lexus LS  
SPORTS CAR: Mazda MX-5 Miata  
HIGH-PERFORMANCE CAR: Ford Mustang GT  
HYBRID/ALTERNATIVE ENERGY CAR: Toyota Prius c  
PLUG-IN VEHICLE: Chevrolet Spark EV  
COMPACT SUV/CROSSOVER: Jeep Patriot
MID-SIZE SUV/CROSSOVER: Jeep Wrangler Unlimited
FULL-SIZE SUV/CROSSOVER: Ford Explorer
LUXURY COMPACT SUV/CROSSOVER: Buick Encore
LUXURY MID-SIZE SUV/CROSSOVER: Lincoln MKX
LUXURY FULL-SIZE SUV/CROSSOVER: Buick Enclave
MID-SIZE PICKUP TRUCK: Chevrolet Colorado Crew Cab
FULL-SIZE PICKUP TRUCK: GMC Sierra 1500 Regular Cab
MINIVAN/VAN: Mazda MAZDA5
HYBRID SUV/CROSSOVER: Toyota Highlander Hybrid


Kelley Blue Book’s “5-Year Cost to Own” information is developed using Kelley Blue Book Residual Values to calculate depreciation costs. Kelley Blue Book calculates total ownership costs for new vehicles by applying a sophisticated valuation methodology along with critical financial data from third-party providers, according to the company.

For more information about the winners, please visit http://www.kbb.com/new-cars/5-year-cost-to-own-awards/

Twitter Facebook Google+

Comments

Please note that comments may be moderated. 
Leave this field empty:
 
 

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Sponsored by

Founded in 1955 and located in the Washington, D.C. metropolitan area, the American Automotive Leasing Association (AALA) is a national industry association composed of commercial automotive fleet leasing and management companies.

Read more

Lifecycle Costs Analyzer

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Up Next

More From The World's Largest Fleet Publisher