The top 10 cars for lowest running costs in Cyprus

 If you’re in the market for a new car and want one with running costs that won’t break the bank, it’s tricky to know what to buy and easy to get wrong. You might fall in love with a car you test-drive which ends up costing you two or three times as much in terms of depreciation, insurance, repairs and miles per gallon as another, perhaps more sensible, option. The practical alternative might not have the jealousy-inducing looks and brand name, but just think how much better off you’ll be in the long run? The difference can be hundreds or even thousands of pounds each year.  
Total cost of ownership – the low down          
Fortunately, experts annually compile a list of cars which they think are the cheapest to own and run based on several factors. To arrive at a top ten with the lowest total cost of ownership (TCO) they use figures based on three-year old models with 30,000 miles on the clock. The TCO considers; price, fuel economy, value depreciation over the first two years of ownership, insurance, replacements parts and general repair costs. The resulting TCO figures are shown in pence-per-mile, which can be seen in the top ten list below. None of the cars cost more than €15,000 to buy.    
The cheapest to run:
  1. Dacia Sandero, 1.0SCe Access – TCO: 30.5 pence per mile (ppm)
  2. Dacia Logan, 1.0 SCe Access – TCO: 33.7ppm
  3. Toyota Aygo, 1.0 VVTi X 5 door – TCO: 34.1ppm
  4. Kia Picanto, 1.0 ‘1’ – TCO: 35.5ppm
  5. Dacia Duster, 1.6SCe Access 4×2 – TCO: 35.5ppm
  6. Volkswagen Up!, 1.0 Take Up! 3 door   – TCO: 36.9ppm
  7. Citroen C1, 1.0 VTi Touch 3 door   – TCO: 37.4ppm
  8. Hyundai i10, 1.0 Play  – TCO: 37.9ppm
  9. Ford Ka+, 1.2 Studio  – TCO: 38.1ppm
  10. Mitsubishi Mirage, 1.2 ‘3’ – TCO: 38.3ppm
   
Electric vehicles?
It’s a little surprising that no electric cars or plug-in hybrids make it into the top ten as they’re renowned for cheap running costs. But experts point out that the still relatively high purchase prices, expensive repairs and sharp levels of depreciation keep them out, although that’s expected to change in the near-future.  
And insurance?
Car insurance is often the biggest annual expense involved with keeping a car on the road – the difference between those in similar categories alone, such as ‘SUV’ or ‘family saloon’, can be enormous Generally speaking, cars with high-end brand names and more powerful, less fuel-efficient engines are going to be the most expensive to insure. So, if you want to be careful with your cash, call an insurer or insurance broker before you buy a car you’re interested in to check out just what the cover might cost.
So for excellent cover at great rates, simply visit us for a quote:
http://topquotes.com.cy/get-a-quote/motor-insurance/

Comments

Post a Comment

Popular posts from this blog

Social security implications post brexit in Cyprus

BREXIT with withdrawal Agreement Should the United Kingdom exit the EU with a withdrawal agreement, then: The provisions of Regulations  883/2004  and  987/2009  on the coordination of social security systems will continue to apply until the end of the transition period on 31 December 2020. This means that the rules and the procedures for determining the applicable legislation (which Member State’s social security legislation an individual is subject to) will continue to apply during the transitional period. Periods of insurance, employment, self-employment or residence and facts and events in the United Kingdom that took place before the date the United Kingdom left the EU as those that took place during the transitional period until 31 December 2020 shall be taken into consideration for the purpose of acquiring entitlement to a benefit. The exportation of short-term benefits (illness, maternity, paternity, unemployment, employment injury) to...
Read more

Residence status post-Brexit

RESIDENCE RIGHTS AND RESIDENCE DOCUMENTS IN THE REPUBLIC OF CYPRUS Brexit with a Withdrawal Agreement The EU has reached  an Agreement  with the UK on citizens’ rights, ahead of the UK leaving the EU on 29 March 2019  or as otherwise decided by EU . Under the Agreement, UK nationals who are eligible for residence rights along with their family members (including family members that are third country nationals), will be able to stay and continue their lives in Cyprus. Cyprus is already taking steps to implement this Agreement reached. The Civil registry and Migration Department has published a  detailed paper  on how it intends to practically implement the Agreement. No-deal BREXIT If the Withdrawal Agreement is not approved, the UK will leave the EU without an agreement (the no deal-scenario). This means that after the exit day, UK citizens by default will be considered as third country nationals. The possibility of a continued right ...
Read more