Apr 12, 2011
MSN.com with Kiplinger.com just listed their picks for the 10 Cheapest Cars to Own. Of course, Kiplinger’s knows money, so the stats back up the list.
We are happy (but not surprised) that our very own 2011 Mazda2 made the list.
They did leave out a very important statistic: 0
That 0 is the interest rate for the next 60 months when you buy a new 2011 Mazda2 from Brown’s Fairfax Mazda. Check out our special offer HERE and read more after the break:
The 10 Cheapest Cars to Own
Mazda2 Sport 4dr hatch
Market price: $14,625
5-Year fuel cost: $7,825
5-Year insurance cost: $5,630
Total 5-Year ownership cost: $28,593 (less with 0% APR!)
Depreciation: $8,405
Fees & taxes: $1,139
Financing 5-year loan at 5.95 percent: $1,864 <—WRONG! (now with 0% APR for 60 months)
Opportunity cost of a 15 percent down payment: $490
Maintenance: $1,613
Repairs: $1,627
Its design is unmistakably Mazda, but the Mazda2 isn’t just a downsized Mazda3. Built on the same platform as the Ford Fiesta, this sporty hatch takes corners with ease, and it has a full line of standard safety equipment — ABS, stability and traction control, and six airbags. Mileage is 29 city, 35 highway.
Source: http://editorial.autos.msn.com/slideshow.aspx?cp-documentid=1182243&icid=autos_1795>1=22008#6
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