Subaru’s 5-10 Year Cost Of Ownership Is Higher Than All But One Other Mainstream Brand
The Subaru Forester has been rated the lowest 5-year cost-to-own vehicle in the Compact SUV category by Kelly Blue Book, and Subaru takes the title for the lowest 5-year cost-to-own brand two years in a row according to KBB. Autobytel ranks the Subaru Impreza sedan and 5-Door compact as one of the top-10 lowest cost to own cars in the first three years of ownership.
Kelley Blue Book’s 5-Year Cost to Own data for new cars is for the initial five-year ownership period, and in its research, Subaru vehicles incurred fewer costs than all mainstream automaker’s lineups. Costs include fuel, maintenance, repairs, financing, insurance and one of the biggest factors of all, depreciation. All are factored in a vehicle’s total ownership costs.
Watch how much will it cost you to own a Subaru in the first 5 years of ownership and how the cost jumps between the year 5 to 10. Also, please click to subscribe to Torque News Youtube channel for daily automotive news reports.
What happens after the first 5 years of vehicle ownership?
It’s common sense that as a vehicle gets older the maintenance costs will go up. It’s why many car shoppers lease a vehicle for 3 years or trade their car in after 5 years (60-month financing). Subaru’s 5-10 year cost of ownership cost jumps up more than most mainstream automakers according to a study by Consumer Reports (by subscription).
2020 Subaru Forester is the lowest 5-year cost-to-own compact SUV
Consumer Reports looked at data from 25 car brands by asking car owners how much they paid out of pocket for total maintenance (oil changes, etc.) and repairs over the past 12 months. The average cost for a 5-year-old (2015 model) is $200. The average cost for a 10-year-old (2010 model): $458.
Subaru vehicles incurred total out of pocket maintenance costs of $267 in year 5, and $500 in year 10 according to the survey. Of the 25 car brands, Subaru ranks number 17 highest in repair costs. Subaru’s 5-10 year cost of ownership Is higher than all but one other mainstream brand; Volkswagen. Luxury brands, BMW, Mercedes-Benz, Audi, Mini, Volvo, Buick, and Infiniti were the other brands with higher maintenance costs in years 5-10 of ownership above Subaru.
Which brands are the lowest cost to own from 5-10 years?
The top-10 lowest cost to own brands in years 5-10 are Chrysler ($175/$208), Lincoln ($159/$290), Toyota ($200/$291), Mazda ($207/$300), Kia ($140/$317), Nissan ($185/$336), Hyundai ($208/$340), Dodge ($175/$345), Honda ($203/$370), and GMC ($205/$381).
Subaru takes the title for the lowest 5-year cost-to-own brand, and the Subaru Forester and Impreza are the lowest cost to own models. If you plan on keeping your all-wheel-drive Subaru longer than 5 years, costs will go up more than most other mainstream automakers according to Consumer Reports.
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Denis Flierl has invested over 30 years in the automotive industry in a variety of roles. All of his reports are archived on our Subaru page. Follow Denis on Facebook, Twitter, Instagram, Subaru Report. Check back tomorrow for more Subaru news and updates at Torque News!
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