You can be saved tens of thousands of dollars by understanding an expensive car's cost over time.

The trick is understanding when to invest.

It is relatively easy to see which cars cost a lot more to purchase initially. But it's more difficult to know how much you'll get soaked in insurance, depreciation, maintenance and repair, and even fuel. Consumer Reports' owner-price approximations bring to light all these hidden costs over 1, 3, 5, and 8 years of possession.

And they include some surprises. For instance , a four-cylinder Mazda6 family sedan may seem like a good deal, at a cost $1,900 under a comparable Toyota Camry. But the overall cost of possessing the Mazda for five years is than the Camry. Similarly, you'd save more than $5,000 by buying a Toyota Highlander SUV, over the long haul, rather than a Dodge Journey.

The variables included in our owner price approximations are fuel, depreciation, interest on financing, insurance, sales tax, and average maintenance and repair costs you can't find anywhere else. However long you own your new car, checking out these approximations can save you a huge most expensive exotic cars number of dollars by the time it is sold by you.

Prices change among models that are similar

Here are some other notable discoveries we made in our evaluation:

Over the very first five years of possession, the median car costs to own--about what it costs to own an upscale sedan such as the Lexus ES or a midsized SUV like the Nissan Murano. But it is not difficult to find nice cars that cost much less. Sporty cars including the foundation Mini Cooper can cost as few as $5,800 a year to own. She's the author of the novels, "Whispers of the Soul," "A Slice of Life," "Whispers of the Soul for the Rest of Your own life," "From Where I'm Sitting," "View from the Sidelines," "Reaching for the Brass Ring of Life," "Purple Days and Starry Nights," "Here and There," "And That's the way that it Goes," and "The Counseling Effect."Even a quick, refined, and roomy modest SUV such as the V6-powered Toyota RAV4 costs as little as $7,800 a year to own.

This really is somewhat due to lower depreciation prices, and due to keeping the car for several years after the loan was paid off.

One of the least expensive cars to possess in our approximation is the small Honda Fit, which costs just over $5,300 a year to own for five years. It unites a comparatively low purchase price with great fuel economy, low depreciation, exceptional reliability, and fairly low upkeep and repair costs.

Paying more for a hybrid vehicle can save you cash--provided that you choose the proper hybrid. Most mainstream hybrids which aren't SUV or luxury versions cost less to own over five years than their counterparts that are normal that are less expensive. (Two exceptions are the Chevrolet Volt and Honda Insight. It takes seven or six years, respectively, to compose the purchase price that is added in fuel savings for all those cars.)

High-end and large SUVs have the highest ownership costs by far, a ten most expensive cars year, often amounting to more than $13,000. Pick-ups of all kinds aren't far behind.

While Hyundai and Kia models have long warranties and low prices, poor resale values often offset the economies.

Most Lexus models have comparatively high maintenance and repair costs (primarily because of care), despite their what is the most expensive car exceptional reliability.

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