Staying on top of regular maintenance keeps your vehicle running better for longer. Glenwood Auto are Trusted Saskatoon Auto Repair Experts, and we're ready to help you with all your maintenance needs. In our latest auto blog, we talk about the latest award-winning vehicles with the lowest maintenance costs.
Hyundai Accent Gets Top Marks for Maintenance Costs
Kelley Blue Book announced the winners of its seventh annual 5-Year Cost to Own Awards where Hyundai took the win on the lowest maintenance costs and repair side of things, followed by Acura.
The 2018 Hyundai Accent came out on top for maintenance and repair costs. Over the course of 5 years, customers would pay $3,002 to take care of their vehicle, or about $600 per year. Kelley Blue Book pegged repair costs at $553, with the costs of maintenance being $2,449 (all prices in U.S. dollars).
Hyundai was named this year’s top brand for lowest total ownership costs, the second time it has finished on top since the program was created. Hyundai models won thanks to top marks in almost all categories, such as low repair costs and superior warranty program. Its Sonata model won in the mid-size car category, with the Elantra and the Accent coming in second place in the compact and subcompact car categories.
Acura took the win for the best luxury brand for the third year in a row, backed by its ILX and MDX models.
In particular, the 2018 ILX saw repair and maintenance costs come in at $3,521 over the first five years or $704 annually. Kelley Blue Book listed repairs at $1,154 and maintenance at $2,367.
Third place belonged to the 2018 Chevrolet Spark, which won for the best subcompact car. The maintenance and repair costs are estimated at $3,950 which would equal out to paying $790 a year. The repair costs amount to $1,869 with maintenance costs sitting at $2,081, according to Kelly Blue Book.
On average, in all 23 categories of the vehicle winners, the costs of repairs over the course of 5 years is around $1,550 with maintenance at $2,718 – or $4,268 combined.
The 5-year Cost to Own information takes into consideration the areas of the vehicle that people’s money goes into like depreciation, expected fuel costs, finance and insurance fees, maintenance and repair costs, and state fees. These categories are all areas that come into play when making a vehicle purchase.
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