The top 2013 models/brands with the lowest projected ownership costs, based on an initial 5-year period, were announced by Kelley Blue Book.
Find out which brands won the 5-Year Cost to Own Awards.
Based on analysis of Kelley Blue Book’s 5-Year Cost to Own information for 2013 model-year new vehicles, Mazda and Lexus are this year’s prestigious brand winners.
Mazda is the top brand among all manufacturers, surging past last year’s winner Kia with regard to its lowest projected ownership costs. Despite an average Fair Purchase Price higher than several of its competitors, Mazda offers the lowest 5-Year Cost to Own because of its low depreciation, fuel costs, and maintenance and repair costs across its full model lineup. Kelley Blue Book® Fair Purchase Price is the price people typically pay a dealer for a new car, based on actual new-car transactions and adjusted regularly as market conditions change. Some of the models driving Mazda’s success include the MAZDA3, MAZDA2 and all-new CX-5.
Lexus is this year’s luxury brand winner, exemplifying some of the lowest costs for depreciation, fuel, and maintenance and repairs of any luxury brand. Some of the key models contributing to Lexus’ stand-out performance include the CT 200h, ES and IS models.