One of the most important factors involved in buying a new car is knowing how much it will cost to run.
There is no point in buying your dream vehicle if you can’t afford the ongoing costs of keeping it on the road. You don’t want to find yourself leaving your car parked in the garage or having to sell it because you underestimated how much it would cost to run and maintain. This can be a very costly mistake, especially if you have purchased a new car which can depreciate significantly in value the moment you drive it out of the dealership. Some cars can depreciate as much as 20 per cent after hitting the road for the very first time, and after just a few years your car could be worth half or even a third of what you paid for it depending on the vehicle.
So, it is important to remember that when you buy your next car to calculate exactly how much it will cost to keep it on the road and decide whether or not you can afford it.
Understanding which cars are the most economical to run can help make your decision easier when the time comes to choosing your next vehicle.
And it is not just about fuel economy. When considering the costs of running a car, drivers need to take a look at all the costs involved with owning and operating a vehicle. These include financing costs, registration, depreciation, insurance and licensing as well as ongoing costs such as fuel, servicing, parts, tyres and repairs.
To make things easier for drivers, the Royal Automobile Association (RAA) conducts a comprehensive survey annually on vehicle running costs comparing Australia’s bestselling cars in various categories.
In 2016, it found the Suzuki Celerio is the cheapest car to run at $96 per week. This zippy little hatchback was first produced in 2014. Although it scored four out of five stars for safety by the Australasian New Car Assessment Program (ANCAP) in 2015, ANCAP recommends only five star rated cars, so it’s important to remember that while some cars might be cheaper to run, you might be compromising on other important features to keep the costs down. The Mitsubishi Mirage and Kia Picanto, which took second and third place respectively in the micro category, both have five star ratings by ANCAP.
The Mazda2 won the popular light vehicle category with average weekly costs at $123 per week attributed to good resale value and fuel economy.
In the small vehicle class, Kia’s Cerato came out on top costing $133.01 per week to run.
Meanwhile, SUV owners are paying $100 a year more to run their cars than the year before. But for drivers who can’t go past them, the Ford EcoSport is the cheapest small SUV to run costing $155.03 per week, while the Mazda CX-5 is the cheapest medium SUV to run at $182.78 per week.
The survey bases its calculations on private ownership and an annual distance travelled of 12,000km over a five-year period.
Find out which cars across various categories are the most economical to run below according to the Royal Automobile Association’s 2016 Cost of Vehicle Ownership survey.
|SUZUKI CELERIO 5D HATCHBACK 998 cc 5 SP MANUAL||$95.55|
|MITSUBISHI MIRAGE ES 5D HATCHBACK 1193 cc 5 SP MANUAL||$107.10|
|KIA PICANTO Si 5D HATCHBACK 1248 cc 4 SP AUTOMATIC||$107.50|
|MAZDA2 NEO 5D HATCHBACK 1496 cc 6 SP AUTOMATIC||$122.91|
|SUZUKI SWIFT GL 5D HATCHBACK 1372 cc 4 SP AUTOMATIC||$124.68|
|HYUNDAI ACCENT ACTIVE 5D HATCHBACK 1368 cc CVT AUTO 6 SPEED||$126.72|
|KIA CERATO S 5D HATCHBACK 1999 cc 6 SP AUTO SEQ SPORTSHIFT||$133.01|
|MAZDA3 NEO 5D HATCHBACK 1998 cc 6 SP AUTOMATIC||$146.01|
|TOYOTA COROLLA ASCENT 5D HATCHBACK 1798 cc CVT AUTO 7 SP SEQUENTIAL||$146.28|
|SKODA OCTAVIA 110 TSI AMBITION 5D HATCHBACK TURBO 1395 cc 7 SP AUTO DIRECT SHIFT||$172.42|
|TOYOTA CAMRY ATARA S HYBRID 4D SEDAN 2494 cc CONTINUOUS VARIABLE||$177.13|
|TOYOTA CAMRY ATARA S 4D SEDAN 2494 cc 6 SP AUTOMATIC||$182.49|
|HOLDEN COMMODORE EVOKE VF II 4D SEDAN V6 2997 cc 6 SP AUTOMATIC||$208.62|
|FORD FALCON ECOBOOST FG X 4D SEDAN TURBO 4 1999 cc 6 SP AUTOMATIC||$218.56|
|FORD FALCON (LPI) FG X 4D SEDAN INLINE 6 3984 cc LPG 6 SP AUTOMATIC||$223.15|
|HONDA ODYSSEY VTi 4D WAGON 2356 cc CONTINUOUS VARIABLE||$203.35|
|HYUNDAI iMAX 4D WAGON INLINE 4 2359 cc 4 SP AUTOMATIC||$222.53|
|KIA CARNIVAL S 4D WAGON V6 3342 cc 6 SP AUTOMATIC||$234.11|
|FORD ECOSPORT AMBIENTE 4D WAGON 1498 cc 6 SP AUTOMATIC||$155.03|
|MAZDA CX-3 NEO (FWD) 4D WAGON 1998 cc 6 SP AUTOMATIC||$155.23|
|SUZUKI VITARA RT-S 4D WAGON 1586 cc 6 SP AUTOMATIC||$158.98|
|MAZDA CX-5 MAXX (4x4) 4D WAGON 2488 cc MPFI 6 SP AUTOMATIC||$182.78|
|FORD KUGA AMBIENTE (AWD) 4D WAGON TURBO 4 1499 cc TMPFI 6 SP AUTOMATIC||$190.22|
|NISSAN X-TRAIL ST (4x4) 4D WAGON 2488 cc CONTINUOUS VARIABLE||$192.98|
|SUBARU OUTBACK 2.0D 4D WAGON DIESEL TURBO 1998 cc CONTINUOUS VARIABLE||$218.09|
|FORD TERRITORY TX (RWD) 4D WAGON 3984 cc MPFI 6 SP AUTOMATIC||$218.57|
|FORD TERRITORY TX (RWD) 4D WAGON DIESEL TURBO V6 2720 cc 6 SP AUTOMATIC||$222.42|
|MITSUBISHI PAJERO SPORT GLX (4x4) 4D WAGON DIESEL TURBO 4 2442 cc 8 SP AUTOMATIC||$239.06|
|TOYOTA FORTUNER GX 4D WAGON DIESEL TURBO 4 2753 cc 6 SP AUTOMATIC||$246.70|
|HOLDEN COLORADO 7 LT (4x4) 4D WAGON DIESEL TURBO 4 2776 cc 6 SP AUTOMATIC||$249.58|
|HOLDEN UTE VF II UTILITY V6 3565 cc 6 SP AUTOMATIC||$199.21|
|FORD FALCON FG X UTILITY INLINE 6 3984 cc 6 SP AUTO SEQ SPORTSHIFT||$201.50|
|MITSUBISHI TRITON GLX DUAL CAB UTILITY DIESEL TURBO 4 2440 cc 5 SP AUTOMATIC||$210.00|
|MITSUBISHI TRITON GLX (4x4) DUAL CAB UTILITY DIESEL TURBO 4 2440 cc 5 SP AUTOMATIC||$221.09|
|NISSAN NAVARA RX (4x4) NP300 DOUBLE CAB UTILITY DIESEL TURBO 4 2298 cc 7 SP AUTOMATIC||$232.08|
|FORD RANGER XL 3.2 (4x4) CREW CAB UTILITY DIESEL TURBO 5 3198 cc 6 SP AUTOMATIC||$243.94|
|NISSAN LEAF 5D HATCHBACK ELEC 1 SP AUTOMATIC||$255.69|
|MITSUBISHI OUTLANDER PHEV HYBRID 4D WAGON 1998 cc 1 SP AUTOMATIC||$257.68|
|BMW i3 4D HATCHBACK ELEC 1 SP AUTOMATIC||$283.50|