Winner, 5 Year Cost to Own

The cost to own a vehicle is often times a major deciding factor for new car buyers. Sticker price, financing and planned mileage should all be considered when looking at the figures, and luckily Kelley Blue Book makes it even easier. With a 5 Year Cost to Own analysis, they’ve looked at the 2016 Toyota Highlander and done the number crunching so that we don’t have to.

Prospective buyers can plug in their numbers to see what the Highlander would really run them – including how many miles a year are likely to be driven, what kind of financing rates are available, and what down payment will be made. The number that KBB comes up with includes out of pocket expenses like fuel, insurance, and depreciation, or loss in value, over time.

Overall the 2016 Toyota Highlander LE Sport Utility has the lowest overall cost, with a 5 year estimate coming in at $38,674. Compared to the 2016 Subaru Outback 2.5i Limited Wagon, which comes in at $40,478, it’s a pretty compelling choice.

There’s more to a car than the numbers, so Kelley Blue Book also includes consumer ratings and reviews, common specs, images and mileage. A perfect research page, it answers all of the questions that should be asked before signing on the dotted line.

See the full analysis here: kbb.com