The Honda Insight was the only hybrid to make it onto Kelley Blue Book's list of new cars that will cost less than $30,000 to own during the first five years of ownership.
The Insight, which has a base MSRP of $19,120, was joined by 15 other models, all of which are high fuel-economy gas models whose MSRPs range from $11,770 for the Nissan Versa to $16,890 for the Toyota Corolla. The Volkswagen Jetta was the least fuel-efficient of the bunch, with a combined EPA rating of 27 mpg. Read here to see the complete list, which factored in depreciation, refueling costs as well as repair and maintenance expenses.
Last month, Kelley Blue Bookcompared ownership costs of electric-drive vehicles such as the Chevrolet Volt extended-range plug-in hybrid and the Nissan Leaf battery electric, and concluded that the Volt was about $1,500 "cheaper" to own than the Leaf during the first five years of ownership. The Volt, which Kelley estimated will cost the driver about $40,600 during the first five years, beat out the Leaf in part because of lower insurance and maintenance costs.
Honda and the Honda marquee are registered trademarks of the American Honda Motor Company, Inc. Neither American Honda Motor Company nor its subsidiaries or affiliates shall bear any responsibility for Honda-acura.net content, comments, or advertising. Honda-acura.net is not affiliated with American Honda Motor Company in any way. American Honda Motor Company does not sponsor, support, or endorse Honda-acura.net in any way. Copyright/trademark/sales mark infringements are not intended or implied.