The day you buy a new car is the day you start losing money on it. Not only does its value drop every year, there are dozens of costs just to keep it on the road.
So which cars are the cheapest to run and the best at holding their re-sale value? Wheels magazine has done the research, and found the cars that can save you thousands of dollars a year.
GOLD STAR CARS
Light car under $21k
Hyundai Getz SX
Purchase price: $16,340
Retained value: 74 percent
Insurance per year: $631
Fuel (litres/100km): 6.2
Safety: 10/15
Small under $26k
Hyundai i30 SX CRDi
Purchase price: $21,890
Retained value: 62.5 percent
Insurance per year: $811
Fuel (litres/100km): 4.7
Safety: 10/15
Small/medium $26-31k
Kia Soul CRDi
Purchase price: $30,890
Retained value: 57.6 percent
Insurance per year: $792
Fuel (litres/100km): 5.9
Safety: 15/15
Medium $31-46k
Skoda Octavia 1.8 TSI
Purchase price: $35,790
Retained value: 67.6 percent
Insurance per year: $1022
Fuel (litres/100km): 6.7
Safety: 15/15
Large $36-46k
Toyota Aurion Prodigy
Purchase price: $39,990
Retained value: 61.9 percent
Insurance per year: $661
Fuel (litres/100km): 9.9
Safety: 15/15
Large $46-61k
Skoda Supurb Elegance TDI
Purchase price: $48,990
Retained value: 67.2 percent
Insurance per year: $1047
Fuel (litres/100km): 6.9
Safety: 15/15
