
When you shop for a new car, chances are you focus on the cost of the vehicle - what you have to pay to drive it off the lot.
But have you thought about what it will cost after that? The analysts at Kelley Blue Book (KBB) have, and have singled out 2 brands for the lowest projected cost of ownership over the first 5 years of a new car's life.
"New car shoppers usually pay a lot of attention to how much a car will cost upfront; however, sometimes an even more expensive car on the front end can actually save you money during the first five years of ownership by having low total ownership costs," said Dan Ingle, vice president of vehicle valuations for Kelley Blue Book. "Kelley Blue Book's 5-Year Cost to Own information evaluates the other out-of-pocket expenses drivers will incur beyond the initial purchase price, which helps consumers choose the vehicle that fits their needs and their long-term budget best, helping save money down the road."
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