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The most expensive and cheapest cars to run

Surprising new data has revealed the cheapest and most expensive cars to run and own in Australia, with a number of cars costing over $20,000 every year.

The data covers running costs such as petrol, services, new tyres, and interest repayments that car owners need to pay on top of the initial purchase price of the vehicle.

The most expensive car is the Mercedes Benz E200 at an annual cost of over $22,000 – when taking into account depreciation and loan interest.

Surprising new data has revealed the cheapest and most expensive cars to own in Australia, with a number of cars costing over $20,000 every year just to keep on the road

Surprising new data has revealed the cheapest and most expensive cars to own in Australia, with a number of cars costing over $20,000 every year just to keep on the road

The most expensive car is the Mercedes Benz E200 at an annual cost of over $22,000 

The most expensive car is the Mercedes Benz E200 at an annual cost of over $22,000 

The cheapest car to run is the Mitsubishi Mirage ES at just over $5,800 a year with fuel consumption, interest repayments, and depreciation all being low.

In the small car class, the Kia Cerato is the cheapest to run at just over $6,680 every year and the Toyota Prius has the highest expenses at over $10,000, while if you own a Hyundai i30, they are in the middle at just over $8,000.

Toyota Camry Ascent Sport is right in the middle at an annualised cost of just over $10,000 per year and, in the large car class, good news if your a Holden Commodore owner with them being the cheapest to run at just over $11,500.

The cheapest car to run is the Mitsubishi Mirage ES at just over $5,800 a year

The cheapest car to run is the Mitsubishi Mirage ES at just over $5,800 a year

A surprising trend across all car categories is that electric vehicles (pictured Tesla Model S) are among the most expensive with an average weekly cost of about $340

A surprising trend across all car categories is that electric vehicles (pictured Tesla Model S) are among the most expensive with an average weekly cost of about $340

A surprising trend across all car categories is that electric vehicles are among the most expensive with an average weekly cost of about $340 because, while fuel costs are low, depreciation and loan repayments are very high.

If you are concerned about the environment and want to go electric, the BMW i3 might be a better option than the well known Tesla models, with running costs about $5,000 cheaper a year.

The most expensive cars were, perhaps not surprisingly, large prestige vehicles with costs averaging about $400 a week, and these cars also retain their value very well.

The cheapest car categories, according to the data, are micro and light vehicle categories at about $120 and $130 a week respectively.

MOST EXPENSIVE AND CHEAPEST CARS TO RUN PER YEAR

 MOST EXPENSIVE

  1. Mercedes Benz E200
  2. Tesla Model X
  3. BMW 520d Luxury Line
  4. Tesla Model S
  5. Audi A6

CHEAPEST

  1. Mitsubishi Mirage ES
  2. Suzuki Swift GL
  3. Kia Picanto S
  4. Honda Jazz VTi
  5. Kia Cerato
If you are concerned about the environment and want to go electric, the BMW i3 might be a better option than the well known Tesla models 

If you are concerned about the environment and want to go electric, the BMW i3 might be a better option than the well known Tesla models 

In the small car class, the Hyundai i30 are in the middle of the range at just over $8,000 in expenses every year 

In the small car class, the Hyundai i30 are in the middle of the range at just over $8,000 in expenses every year 

The data covers running costs such as petrol, services, new tyres, and interest repayments that car owners need to pay on top of the initial purchase price of the vehicle 

The data covers running costs such as petrol, services, new tyres, and interest repayments that car owners need to pay on top of the initial purchase price of the vehicle 

Read more at DailyMail.co.uk