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The Honda Jazz has been topped probably the most budget-friendly automotive, with a full tank costing £62.04 and a mean three-year depreciation charge of 35%, in accordance with new analysis by Confused.com automotive insurance coverage which ranked the 50 hottest automotive fashions.
It appeared on the 50 hottest vehicles made within the final 5 years primarily based on information from the Division for Transport and Driver and Automobile Licensing Company to find out which have probably the most cost-effective working prices, which took into consideration price to fill the tank, price of a full service, automotive tax, gas effectivity and depreciation over three years.
Assigning every automotive a rating out of 10 to indicate which is probably the most cost-effective, it revealed the Honda Jazz is probably the most cost-effective automotive. In a separate by What Automotive? survey, the Honda Jazz (2015-2020) additionally achieved a 100% rating for total reliability.
Honda Jazz: 8.69/10
- Estimated price to fill tank: £62.04
- Common full service price: £156
- Common annual automotive tax: £170
- Miles per pound: 9.2
- Common 3-year depreciation charge: 35%
Confused.com stated the Honda Jazz strikes a stability between gas economic system and repair prices and retains its worth over time. Its 9.2 miles per pound reveals it has good gas economic system, and a low worth lack of 35% over 3 years means it retains its worth effectively.
Toyota Yaris: 8.49/10
- Estimated price to fill tank: £65.14
- Common full service price: £177
- Common annual automotive tax: £170
- Miles per pound: 9.3
- Common 3-year depreciation charge: 29%
Confused.com stated the Toyota Yaris is shut behind the Honda Jazz, with higher gas effectivity at 9.3 miles per pound. It additionally has a 3-year depreciation charge of 29%, among the many lowest for the most well-liked vehicles within the nation. But it surely has greater service and gas prices than the Honda Jazz.
Toyota Aygo & Citroën C1: 8.41/10
- Estimated price to fill tank: £54.28
- Common full service price: £184 (Aygo) / £182 (C1)
- Common annual automotive tax: £90
- Miles per pound: 8.3 (Aygo) / 8.1 (C1)
- Common 3-year depreciation charge: 40%
Confused.com stated the Toyota Aygo and Citroën C1 share third place with equivalent cost-effective scores of 8.41/10. Among the many prime 3, they’ve the bottom yearly automotive tax and the most affordable price to fill a tank, although their gas effectivity is decrease. Their 3-year depreciation charge is 40%, which is affordable however greater than the two vehicles ranked above them.
Assessing the vehicles on particular person classes, Confused.com stated the most affordable vehicles to fill have been: the Toyota Aygo, Citroën C1, Fiat 500 and Kia Picanto which every has a gas capability of 35 litres, costing £54.28 primarily based on a mean petrol price of £1.55 a litre (as of October 16, 2023).
The automotive with the bottom common service price was the Honda Jazz at £156. whereas the vehicles most cost-effective to tax have been the Toyota Aygo, Nissan Micra and Citroën C1 and C3 which share the bottom common annual automotive tax.
Louise Thomas, motor insurance coverage professional at Confused.com automotive insurance coverage, stated: “Selecting your first automotive is an thrilling but important determination. It provides you mobility however may also have an effect on your funds and even your security. “Selecting your first automotive effectively is vital to serving to handle how a lot you need to spend on its ongoing working prices. It’s not nearly proudly owning a automotive, however one that does not pressure your pockets, retains you secure and meets your wants. This selection units the tone to your future automotive choices, educating you to prioritise the necessities over seems to be or velocity. It’s a long-term funding that ought to match your life-style and monetary scenario.”
Confused.com automotive insurance coverage appeared on the following components for every automotive, giving every a rating out of 10 for every issue, then averaged these scores. For components that change primarily based on the mannequin model, like automotive tax and miles per pound, it used the center worth of the vary. Confused.com utilized the next metrics:
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