The value of a car can be defined in many different ways. However, those who are looking for a car that can be used for a long time and has the lowest price should refer to the following list of 10 models by iSeeCars.com.
10 most cost-effective new models
To create this list, iSeeCars analyzed the prices of over 8.3 million new cars sold in the US market from September to December 2023 and studied the odometer readings of over 181 million used cars. The average price of each model was compared to the average lifespan to calculate the cost over 10,000 miles (approximately 16,093 km).
“The rising car prices make finding a car with the highest value even more important for consumers,” said Karl Brauer, Chief Analyst of iSeeCars. “By identifying models that combine the lowest purchase price with the longest lifespan, we are helping customers optimize their car-buying budget.”
10 most cost-effective small SUVs
The average cost of small SUVs in the US market is $2,100 for 16,093 kilometers. However, the 6 models listed below have lower costs than the average and have higher value.
14 most cost-effective midsize SUVs
The average cost of midsize SUVs in the US market is $3,021 for 16,093 kilometers. However, the 14 models listed below have lower costs than the average and have higher value.
6 most cost-effective large SUVs
The average cost of large SUVs in the US market is $4,421 for 16,093 kilometers. However, the 6 models listed below have lower costs than the average and have higher value.
11 most cost-effective small cars for travel
The average cost of small travel cars in the US market is $2,387 for 16,093 kilometers. However, the 11 models listed below have lower costs than the average and have higher value.
5 most cost-effective midsize cars for travel
The average cost of midsize travel cars in the US market is $2,058 for 16,093 kilometers. However, the 5 models listed below have lower costs than the average and have higher value.
2 most cost-effective midsize trucks
The average cost of midsize trucks in the US market is $2,056 for 16,093 kilometers. However, the 2 models listed below have lower costs than the average and have higher value.
2 most cost-effective full-size trucks
The average cost of full-size trucks in the US market is $3,272 for 16,093 kilometers. However, the 2 models listed below have lower costs than the average and have higher value.
2 most cost-effective minivans
The average cost of minivans in the US market is $2,856 for 16,093 kilometers. However, the 2 models listed below have lower costs than the average and have higher value.
