The battle for cut-price motoring supremacy has swung Suzuki’s way again for 2015, as two of Australia’s motoring clubs release their annual Vehicle Running Costs Survey.
To determine the weekly cost, the motoring groups considered the cost of purchase and interest, along with servicing, fuel, tyres, insurance and depreciation.
According to Victoria’s RACV, the Suzuki Celerio not only beat the competition to be the state’s cheapest new car to purchase and own, it was also the only model to dip below the $100 barrier at $97.65 for average weekly ownership costs.
The Celerio replaced the Alto in Suzuki showrooms this year. It has though retained the Alto’s crown as Australia’s cheapest new car, won by the Alto in last year’s survey.
From there, it’s a slight jump up to the $114.61/week Mitsubishi Mirage (which was declared cheapest in 2013) and the $118.42/week Holden Barina Spark as Victoria’s second and third cheapest cars to run respectively.
The Swift was also the only automatic in the top five, with the four cheapest models in Victoria all fitted with manual transmissions.
SUVs were considered separately, with the small class and overall win going to the Mazda CX-3 at $165.42/week.
The final category was for electric cars and plug-in hybrids, with the Mitsubishi Outlander PHEV declared the cheapest at $245.75/week.
Queensland’s RACQ arrived at a slightly different conclusion to the RACV, but the Celerio was still the state’s cheapest at $99.77/week.
While the numbers may have been different, the RACQ results for the cheapest-in-class altered from the RACV’s only in the medium car class (Camry Hybrid cheapest at $180.10/week) and large SUV segment (Ford Territory cheapest at $227.80/week).
Of the 111 vehicles considered, the most expensive overall was Nissan’s Patrol ST-L wagon with its 5.6 litre V8 petrol engine. Each week of ownership for the big Patrol costs $443.60 on average in Victoria.
Understandably, the upper-large 4WDs filled three of the other top-five spots in the ‘most expensive’ category (Toyota Landcruiser petrol, Landcruiser diesel and Nissan Patrol ST diesel) while the fifth most expensive was the Hyundai Genesis at $312.05/week.
Australia’s new car market has never been more affordable, according to CommSec’s Car Affordability Index, and the RACV says owning and running new cars is also lower than in recent years thanks to cheaper fuel and more competitive insurance prices.
The current survey found an overall average weekly cost to new car owners of $211.25 - slightly down on last year, but also close to 2008 costs (2009 was the cheapest of the last eight years).
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MORE News & Reviews: Ownership Costs | RACV | RACQ
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