There are myriad different factors that go into determining the cost of running a car. There’s the price of the car itself, of course. Then there’s the cost of insurance, road tax, fuel, repairs and so on.
And it’s these extra costs that make it difficult to work out which car to buy if you’re in the market for a cheap running car. Some cars have excellent fuel efficiency, but sometimes they cost a bomb to buy first hand. And some cars might have low repair costs, but they cost a lot to insure.
In this article, we’re going to look at the cars that strike a balance between cheap auto insurance, low repair costs, and low purchase price.
The most recent iteration of the Aygo is a real head turner. The latest model features a bold x-shaped cross above the grille, giving it a considerably updated and fresh look over the old model. Unlike the previous generation of the car, Toyota has built the Aygo with comfort in mind. The car comes with plenty of space front and rear for all your needs.
But besides the features, the car is also staggeringly cheap to run. You’ll get around 69 mpg out of the 1.0-liter engine version of the car. And in most countries, you won’t pay road tax, because of the car’s low emissions. Finally, like most superminis, it’s cheap to buy. On credit, you’ll be looking at monthly repayments well below the $250 mark.
SEAT are a Spanish car company that have done a tremendous amount to corner the supermini market in recent years. Their cars have proven to be a favourite first drive for many young drivers. And it’s not hard to see why. The car certainly looks the part.
But for our cash-strapped youth, the Ibiza is a tempting offer financially. Getting insurance on the Ibiza is relatively cheap, just as it is on most superminis. Plus the car has exceptional mileage. SEAT claim that the Ibiza will do 83 mpg. That means that you can travel from New York to Atlanta on a single tank. Its emissions are low too, which is good for tax purposes. And there are often online deals which push the purchase price even lower.
You might expect that Dacia would make it onto this list, famous as they are for making cheaper cars. Their cheapest offering, the Sandero, comes in at a lower price than any of the cars on this list, at around $8,000. Of course, for a price like that, the Sandero is a no frills car. You’ll get a 1.2-litre petrol engine that can do about 50mpg.
Most people reading this article, however, will be more interested in the 1.5-litre diesel engine. Although the diesel Sandero is a little more expensive, it is capable of 75 mpg, making it cheaper to run long term.
Just like the other cars on this list, the Sandero emits less than the magic 100g/km of CO2. And that means that in many jurisdictions, owners will pay zero road tax.