Forbes magazine has released a top ten list that shows their choices for the top ten "least expensive new cars to own."
The list takes into account the overall cost of maintaining the vehicle, along with the depreciation involved in paying for and owning the car over a five-year time frame. Five years is the length of time that the average American household keeps a vehicle.
Each of the models on the list is classified as a compact or sub-compact car, which, of course, means that family vehicles are pretty much excluded from the list.
10. -- Pontiac Vibe $16,760; Five year cost of ownership: $35,348
9. -- Hyundai Accent $12,865; Five year cost of ownership: $$34, 808
8. -- Kia Rio $13,571; Five year cost of ownership: $34,802
7. -- Toyota Matrix $16,558; Five year cost of ownership: $34, 778
6. -- Ford Focus $15,752; Five year cost of ownership: $34,092
5. -- Chevrolet Aveo $11,844; Five year cost of ownership: $34,048
4. -- Nissan Versa $13,950; Five year cost of ownership: $33,275
3. -- Toyota Corolla $15,449; Five year cost of ownership: $33,053
2. -- Honda Fit $15,440; Five year cost of ownership: $32,547
1. -- Toyota Yaris $12,625; Five year cost of ownership: $31,785
