By Nadeem Muaddi
If you base your car buying decisions on what you pay at the dealer, you're in for a shock.cars cost a lot more than just the sticker price. Factor in taxes, financing charges, maintenance costs, insurance, fuel and depreciation and you can easily inflate the cost of your "affordable" small car to nearly double its sticker price in just five years.
Fortunately, industry analysts provide a host of ownership cost calculators that factor these expenses into a single estimate of what you'll spend in the first five years of ownership. However, it's an extremely time-consuming process to research, organize, and compare figures for every small car on the market -- especially since no two cost calculators provide exactly the same results. That's precisely why we've done the math for you.
We scoured three of the auto industry's leading sources of cost-to-own (CTO) estimates -- Edmunds, IntelliChoice and Vincentric,-- and averaged the results to find a consensus about the most and least affordable "economy car".
source : autos.yahoo
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