Victoria’s RACV has released the findings from its annual ‘Driving Your Dollars’ vehicle ownership costs analysis, and Suzuki is celebrating three class wins.
The Suzuki Celerio was declared the cheapest micro car to buy and own, and the only model to go close to dipping below the $100 per week barrier at $100.78 per week.
By virtue of being the country’s cheapest micro car, the Celerio also wears the crown as ‘Australia’s cheapest new car’.
Likewise, the remaining runners in the micro car class are also at the pointy end for affordability, including the Kia Picanto ($109.49 per week), Mitsubishi Mirage ($116.80) and the Holden Spark ($122.02).
Haval may be disappointed to learn that its H6 Premium was pipped by just 19 cents per week by Mazda’s CX-5 Maxx ($119.40 per week) as cheapest medium SUV. The gap widens, however, when one considers that the CX-5 in question is all-wheel-drive and the H6 is front-wheel-drive.
Subaru’s Outback took first and second as cheapest large SUV, with the petrol-powered models ($211.17 per week) beating the diesels ($213.33) for affordability.
Despite being not long for this world, Holden’s Ute proved it’s still on the money as cheapest 2WD pickup ($204.31 per week), and the Holden Commodore Evoke was cheapest large car ($218.01) ahead of the Toyota Aurion and Skoda Superb.
Subaru’s BRZ ($204.14 per week) was the surprise winner of the sports car class, with its slightly better resale after five years giving it a financial edge over the more-or-less identical - and cheaper to buy - Toyota 86 GT ($205.28).
Kia’s Cerato is a mile ahead as the country’s cheapest small car, with its $128.21 weekly running costs putting it ahead of all but the Baleno in the class below it and proving that size and engine capacity aren’t everything when it comes to running costs.
Last but not least, the cheapest people mover was the Honda Odyssey at $218.41 (ahead of Hyundai iMax and Kia Carnival), while the cheapest in the electric car class was the Mitsubishi Outlander PHEV at $250.49 (ahead of the BMW i3 and Tesla Model S).
The survey considered fuel costs, depreciation, insurance, maintenance and the initial purchase price, based on 15,000km of driving annually over five years.
Prices on average rose 1.6 percent over 2016, and of the 137 vehicles surveyed, the average weekly running cost was $207.84.
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