Posted Jun 3rd 2013 11:15AM
Our own Associate Editor, Mark Pereira put together a new car gallery at the end of last year, highlighting which new cars are cheapest in the Canadian market. But cheapest to purchase only tells half the story; running costs can quickly undo any savings you managed when negotiating the purchase price (not to mention a few other factors such as depreciation and reliability).
Nissan Canada took it upon themselves to compare their 2013 Sentra 1.8 SV against ten comparable cars from the competitive set to determine which car is the cheapest to own, overall. Predictably, the Sentra took top honours in the comparison, mustering the second lowest purchase price (behind the cheapest-of-the-field Volkswagen Jetta Trendline) and best fuel consumption figure - an estimated five year fuel cost of $7,482. The biggest gas-guzzler of the group is the Jetta Trendline, which is estimated to suck up $10,450 of your hard earned dollars over the next five years, thus cancelling out its low purchase price advantage.
The parameters for the comparison can be found at the bottom of the info-graphic shown below. Click here to check out our gallery showing the overall cheapest cars to own in Canada, then be sure to watch the video below showing the cheapest cars to own in 2013.