Total cost to own by CR

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I saw it posted on another forum (I have no CR subscription anymore).
They calculated cost of 8 years/96,000 miles.
This is for the economy/compact segment:

Quote:

Toyota Prius C: $34,750 ($0.36/mi)
Toyota Yaris Hatch: $38,500 ($0.40/mi)
Smart ForTwo: $38,500 ($0.40/mi)
Honda Fit: $39,000 ($0.41/mi)
Mazda2: $39,750 ($0.41/mi)
Nissan Versa: $40,000 ($0.42/mi)
Honda Insight: $40,250 ($0.42/mi)
Mini Cooper Base: $41,500 ($0.43/mi)
Ford Fiesta Hatch: $41,500 ($0.43/mi)
Hyundai Accent Htch $41,500 ($0.43/mi)
Chevy Sonic Hatch: $42,500 ($0.44/mi)
Fiat 500: $42,750 ($0.45/mi)
VW Golf TDI: $43,250 ($0.45/mi)
Kia Rio Hatch: $43,500 ($0.45/mi)
Lexus CT200h: $52,000 ($0.54/mi)
BMW 135i: $66,000 ($0.69/mi)


Yaris caught my attention as I just bought a used one for my kid.
I'm still not sure how more expensive Yaris is able to save more money over cheaper Hyundai or Kia subcompacts? Is it on depreciation? The Yaris I bought was not exactly cheap. Anyone saw more numbers form this publication and can explain it to me?

Thanks!
 
Originally Posted By: Rolla07
This was mentioned before I believe. Where is Honda Civic/Toyota Corolla?


They are in the next tier, small/midsize:

Quote:

Toyota Prius (IV): $39,500 ($0.41/mi)
Honda Civic Hybrid: $40,500 ($0.42/mi)
Toyota Corolla: $41,000 ($0.43/mi)
Honda Civic EX: $41,750 ($0.44/mi)
Mazda3: $43,250 ($0.45/mi)
VW Jetta TDI: $44,000 ($0.46/mi)
Toyota Camry Hybrid:$44,250 ($0.46/mi)
Honda Accord 4cyl: $44,500 ($0.46/mi)
Toyota Camry 4cyl: $45,500 ($0.47/mi)
Subaru Impreza Wgn: $46,000 ($0.48/mi)
Hyundai Sonata 4cyl:$46,000 ($0.48/mi)
Ford Fusion Hybrid: $46,250 ($0.48/mi)
Hyundai Elantra Htch$46,500 ($0.49/mi)
Mazda 6: $46,750 ($0.49/mi)
Nissan Sentra: $47,250 ($0.49/mi)
Ford Focus Hatch: $47,500 ($0.49/mi)
Chevy Cruze LS: $47,500 ($0.50/mi)
Chevy Malibu LT: $50,000 ($0.52/mi)
Ford Fusion 4cyl: $53,250 ($0.55/mi)
Chrysler 200: $57,500 ($0.60/mi)
 
What's the OCI diff? Seems like I've been hearing (on here) about 3,750mile OCI's on the Sonata's. I could be absolutely wrong here, but perhaps 5k OCI's plus 30k ATF changes vs 10k OCI and "lifetime" fluid, a couple mpg and maybe there is an insurance difference?

Why 8 years? 12kmiles/year? I guess that is average, and reflects the old thought of "100k, time to get rid of". Of course we all know that's not true. I'm guessing this is the best spot for trade-in value vs depreciation?
 
Had an opportunity to rent a Yaris last month.... Fine car. Not sure I would want it for a 6 hour drive but, for around town and as a commuter, it left nothing to be desired IMO.

Looked into buying one - ran the Build Your Own on Toyota and was disappointed with the numbers... Nothing cheap about buying a new car these days
 
Originally Posted By: Finz
Looked into buying one - ran the Build Your Own on Toyota and was disappointed with the numbers... Nothing cheap about buying a new car these days


I think you can get about $1500 off on those iirc.
 
Could be.... It was more out of curiosity when I did it. I'm just saying that for that kind of cash, I would have expected more car. The $1,500 notwithstanding (although every little bit helps)
 
Only 96k miles in 8 years?!? Hah! For folks who drive more than that, ie, most folks I know, buying the most reliable and fuel-efficient car that fits their needs works out better than buying something based on somebody's estimate of how much it will cost in 8 years' time.

It would be interesting to re-figure those lists for 15k miles a year, 20k miles a year, and 25k miles a year.
 
Originally Posted By: sciphi
Only 96k miles in 8 years?!? Hah! For folks who drive more than that, ie, most folks I know, buying the most reliable and fuel-efficient car that fits their needs works out better than buying something based on somebody's estimate of how much it will cost in 8 years' time.

It would be interesting to re-figure those lists for 15k miles a year, 20k miles a year, and 25k miles a year.

The rankings wouldn't change too much for more miles, resale starts to become irrelevant and mileage and maintenance more important.
 
I drive a FIT, they are correct with PRIUS being lower. what they missed is the extra $7k or $9k that one has to fork initially, what is the NPV of $7k?

I have 33k miles on my fit, ONLY thing I have done till now,
1 wiper blade and 2 tires (nail), and oil change every 8k miles.
My actual cost per miles with the above varies with gas price but you can do the math using average mpg.
my oil changes cost $25, and I got 3 free.
 
I'm a big fan of Consumer Reports and appreciate their dedication to providing consumers with data that matters for making a buying decision. But, I would only use the CR Total Cost of Ownership results, and other cost to own ratings of that type, as a last gasp tie-breaker between two vehicles that I had already thoroughly researched and driven, and use them very cautiously at that.

There are far too many known variables for any one car that can easily skew the CR numbers for them to be really useful and it is an impossible task for CR to factor them into the equation in a reliable manner. Then there are the variables of how a vehicle is used, where it is used, etc. and at that point the numbers quickly lose whatever validity they had left. And then to compare two vehicles using them. No thanks.

However, the CR results still have value in that they, at the very least, provide some guidance to the kinds of factors a person needs to consider with vehicle ownership
 
8 years or 96k miles? Lucky timing belt services are at 105k! Those are for the next sap!
whistle.gif
 
Originally Posted By: Rolla07
This was mentioned before I believe.


I went back and searched again on BITOG, but could not find it. Specifically CR numbers that is.
 
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