Edmunds lists “true cost to own”

Those who are shopping for a used car might be wary of any repair costs that can be associated with vehicles that have a high mileage. To help shoppers, the auto website Edmunds has awarded the top cars in each class and price range that boast the cheapest “true cost to own.”

Edmunds compiles “true cost to own” data based on an algorithm that considers a variety of factors, such as predicted repair costs. It broke down the results according to the size and model of the vehicle as well as the price.

Honda and Toyota were the big winners, with five and four cars in the lineup, respectively. Honda won awards for the Fit, Accord, CR-V, Ridgeline and Inisight. Toyota won for the Tacoma, Sienna, and Yaris coupe and sedan. The two brands also had luxury cars make the list, with Honda’s Acura MDX and Toyota’s Lexus IS 250.

That’s good news for anybody considering a used Honda or Toyota, as they will be happy to know that their used car purchase likely will not cost them much money down the road.

Other winners included the BMW 1 Series, Ford Shelby GT500, and Nissan Cube.