If you are a car shopper looking for a reliable and reasonable mid-size car, you have no shortage of options. Many manufacturers offer their midsize sedans with hybrid drivetrains, all-wheel drive (AWD), and several other useful features. However, if you want to save money in the long run, you should consider one of the options for the cheapest cars to own, not just buy. These mid-size cars cost the least to own over five years, like the Honda Accord.
- Honda Accord hybrid
- The Subaru Legacy
- Honda Accord
- Chevy Malibu
Is a hybrid Honda Accord worth it?
The Honda Accord Hybrid is cheap to own, run, insure and buy. According to Kelley Blue Book (KBB), the Honda Accord hybrid costs an average of $4,801 in fuel over five years. Even better, the reasonable Accord Hybrid costs just $4,585 to insure over the same period. Sometimes sensitivity pays.
However, consumers should expect to pay $34,943 in total cost of ownership over five years, which is more expensive than the non-hybrid Subaru Legacy and Accord. Although with significantly lower fuel costs, a hybrid Honda Accord seems like a great choice for a mid-size car.
Is the Subaru Legacy one of the cheapest midsize cars to own?
The Subaru Legacy is number two on the list of least expensive midsize cars to own. Plus, with an overall figure of $34,853, its cost of ownership is lower than that of the Accords and Chevrolet Malibu. Additionally, the Legacy depreciates the least on the list, losing about $13,759 over five years. Finally, the Legacy beats the competition in maintenance costs, requiring around $2,682, nearly $500 less than the Accord Hybrid.
Is the Honda Accord an expensive car?
The non-hybrid Honda Accord is also a good prospect for car buyers who want a midsize car that’s the least expensive to own over five years. The Accord is slightly cheaper to run than its hybrid cousin and depreciates much less. However, he demands over $2,000 more in fuel costs. Additionally, the Accord depreciates slightly less than the comparable Subaru Legacy, losing $13,861 over the five-year period.
Is the Chevrolet Malibu one of the cheapest midsize cars to own?
The Chevrolet Malibu is a mid-size car that could save you money in the long run. According to KBB, owning a Malibu for five years will cost you around $36,340. While that’s more than the Hondas or the Subaru, it’s still low enough to earn the Chevrolet a spot on the list of cheapest midsize cars to own.
Which Midsize Car Should You Buy?
If you want a midsize car with the most fuel and power savings, you should consider a 2021 Honda Accord hybrid. However, consider the Subaru Legacy if you want a vehicle judged by any other monetary measure. The Legacy depreciates the least, costs the least to operate, costs the least to insure, and has the lowest maintenance costs.
Scroll down to the next article to learn more about other sane sedans!
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