Buying, owning and maintaining a car can be a very costly proposition for most people. But, there are some cars that are much less expensive to drive, to own and to take care of overall. While hybrids and electric vehicles seem to get all the hype for being cheaper and less expensive than other cars, they in fact may not be less expensive in the end. This is because there are other costs for a car that go beyond just gas prices. There is also the car and maintenance of the car, the cost of replacement parts, the cost of car insurance and the initial cost of the car in total. All of these factors add up into one large sum, but there are some cars that are much cheaper and less expensive overall in every category- and they are not all hybrids and electric vehicles.
This is one of the most common cars on the road today, and this is the main factor why it is so much less expensive than many other cars on the road. For one thing, the Toyota Corolla was built to last, as it is one of the most reliable cars on the road, which may explain why it is also one of the most common on the road. Because the car is so common, replacement parts are very easy to find and are also very inexpensive when compared to other cars of similar quality. The Corolla is also a safe car, which is why the insurance costs are fairly low. The car is also not a gas guzzler by any means.
The Hyundai Accent is very much similar to the Toyota Corolla, as it is less expensive across most- if not all- areas of costs associated with cars. It does not guzzle gas, it is easy to maintain and repair and it is a very safe car, so the insurance rates and premiums are very low compared to many other cars.
This car is the ubiquitous mention of an electric car being less expensive overall than a normal car. It holds true in this case, as the Honda Fit is a 100% electric vehicle, and thus does not have any gas related expenses. Of course, the repair costs are pretty expensive, but luckily, the Honda Fit is very reliable and does not need many repairs at all. The insurance costs are about average, as the jury is still out on electric vehicles among car insurance providers.
The Pontiac Vibe is a semi-hatchback model that is made to look somewhere between a sedan and an SUV. It has been marketed to young drivers and is based mechanically on a Toyota Corolla. This makes the car very reliable and easy to maintain and repair. It is also very good on gas and tends to have lower than usual car insurance rates and premiums than other cars on the road.