Tips On Buying A New Car: Owns the award of the real cost

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Lowest True Cost to Own Awards — Edmunds.com edmunds.comReturn to Edmunds Classic | Tell us what you thinkWelcome, Guest | Sign In | Facebook Sign in | Account |Help Car Reviews Car Reviews and Road Tests Industry Car News Best Cars Lists Awards Blogs New Cars Calculators Car Finder Compare Cars Find a Dealer Incentives & Rebates Search Inventory True Cost to Own® Used Cars Appraise Your Car Certified Cars Selling Tips True Cost to Own® Used Car Finder Tips & Advice Buying and Leasing a Car Selling a Car Family and Car Safety Fuel Economy Car Technology Auto Financing Auto Insurance Auto Warranty Driving Tips Maintenance Maintenance Costs and Recalls True Cost to Own® Find a Repair Shop How-To Articles Maintenance Articles Forums Answers Browse Discussions Search Forums Home> Car Reviews> Industry Car News> Lowest True Cost to Own Awards Print | Email | Share | RSS Lowest True Cost to Own Awards 05/19/2010

Since 2002 we have published our proprietary True Cost to Own® (TCO®) data to tell you the total five-year cost of owning each new vehicle.

Now, for the first time, we present our Annual True Cost to Own® (TCO®) Awards (for model year 2010 vehicles).

We started by gathering all of the necessary data, and then applied our TCO® algorithms to estimate the five-year cost of owning each model year 2010 new vehicle currently in the market. We compared TCO® data for these vehicles over the past ten months, from July 2009 thru April 2010, to reveal the value leaders over that period. While similar to our monthly Lowest True Cost to Own® (TCO®) list, we didn't just consider vehicles that have the lowest costs for any particular month, but instead identified those that have consistently maintained the lowest ownership costs.

The result is our list of vehicles with the lowest overall ownership cost in their respective segments. A vehicle's competitive segment was determined by (i) its body type, and (ii) the sales-weighted average MSRP of all available styles (excluding destination charges) of that vehicle's body type.

For more information on how we calculate TCO®, and the assumptions that we use, see our About TCO article.

For more information about how to use TCO® during the car shopping process, see our TCO Tutorial.

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