Ten Cheapest Cars To Own...

[MadMax]

Yep, you guessed it, the Yaris was on the list...

10 Cheapest Cars to Own

You've read it on Bankrate.com and heard it elsewhere: A well-informed consumer will get a better deal when buying a vehicle.

Research is the key. Every additional piece of information you have increases the likelihood that you will negotiate a fair price, lock in the best financing available and drive away in a car or truck you can afford. The emphasis here is on "afford." Affordability involves much more than down payment and monthly installments. It encompasses other costs such as insurance, fuel, maintenance, repairs and depreciation. You must factor these costs into your annual vehicle-ownership budget as well as into that magical dollar amount you feel you can afford monthly.

All of these factors, of course, may vary depending on the way you use and maintain your car.

Edmunds.com, a leading automotive Web site, features an interactive tool it calls its True Cost to Own calculator, which computes an estimated total five-year cost and the cost per mile based on driving 15,000 miles per year.

Here are the 10 cars that top Edmunds' current list of the most frugal cars to own and operate:

Toyota Yaris

Starting price: $12,955
5-year total cost: $29,595
Cost per mile: 39 cents

Toyota Yaris: You have to step up a trim level to get an audio system, but the base Yaris three-door hatchback does have air conditioning and a tilt steering column. Its power comes from a 106-horsepower, 1.5-liter four-cylinder engine. With an EPA rating of 29 mpg city and 36 mpg highway, its outstanding fuel economy earned it a spot on our list of top 10 fuel misers.

Cheers! M2