Moving or still: the cost snapshot
Even when your car is in the garage, you keep spending
YOU’VE bought a new car and are still smirking at how cheap it was— but having splashed the cash, what it will cost you to keep it on the road? You need about $2000 a year before insurance to keep a new car serviced and the tank full. Car makers have finally recognised this and are increasingly using capped-price servicing as part of their marketing arsenal.
Carsguide has analysed fuel use, depreciation and servicing to give buyers an idea of how last month’s 10 top-selling cars work out on the road and on the wallet.
These are the new vehicles
Carsguide readers buy. We cite automatic transmission (or CVT) entry level cars and turbo diesel dual cabs.
The difference between fuelling the cheapest and most expensive cars in the list is about $10 a week. Toyota’s Corolla and the Holden Cruze share the fuel-misers, courtesy of claimed combined fuel use of 7.4L/100km. The Hyundai i30 is less than $1 a week behind them, followed by the Nissan Dualis (with a CVT) and Mazda3 Neo. The Holden Commodore in 3.0-litre auto guise does well for a big sedan. The diesel dual-cabs are relatively fuel-efficient, at $40 a week give or take.
Hyundai’s i30 can’t be beaten here. A yearly capped price servicing cost of $219 gives the Korean car a huge kick up the ratings. The Mazda and Nissans have six-monthly trips to the dealer, though the Dualis averaging $279.98 a year. Worst of the bunch is the Nissan Navara at $775.30 for two services a year, followed by the Mazda3 at $669 for a pair of workshop visits. The Mazda is the only one not to have a capped price servicing deal.
The top-10 still lose money like a compulsive gambler. A new car will almost halve in value over three years, according to Glass’s Guide. The HiLux and Triton top the resale values, retaining 55 per cent of their new price, and the Mazda3 does best among the cars at 54 per cent. Buyers of the Nissan Navara are burning $165 a week for the privilege of ownership. Worst performer is the Hyundai i30 at 46 per cent, equating to about $80 a week.
Registration varies according to your state and postcode. WA, SA, ACT andNSW registrations are based on the weight of the vehicle, Queensland and the NT on engine capacity and Victoria has a flat rego rate and a TAC charge that changes depending on where you live. Expect to pay $700-$800 for a fourcylinder car. ‘‘ Wear-and-tear’’ components like brake pads will incur additional cost as they need replacing.
Fuel costs based on February national average, 151.2c for 91 ULP and 152.8 for diesel, and 15,000km travelled annually