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Awards honor lowest cost to own, beyond initial sticker price
2021 Lexus RS. Image from Lexus. Wednesday, Apr. 28, 2021, 04:18 PM By Auto Remarketing Staff
When purchasing a new car, many people conduct research and consider the up-front expense.
But what about ongoing costs such as fuel, maintenance, insurance and vehicle depreciation? Those can vary greatly from one model to the next, according to Kelley Blue Book.
With that in mind, Kelley Blue Book’s experts named the 2021 model-year brand and category winners of the 10th annual 5-Year Cost to Own Awards.
The awards recognize new vehicles with the lowest projected ownership costs over the initial five-year ownership period, and the top 5-Year Cost to Own Brand for 2021 is Toyota.