How to Use Edmunds True Cost to Own | Edmunds.com: "You've narrowed your choices to two new vehicles: One is a domestic luxury sedan and the other is a foreign sports car. Of course you know the sports car will cost you more in the long run, but you don't know exactly how much and if it would really be enough to make a difference in your decision.
Anyone faced with a similar choice (in fact, anyone who is car shopping) should review Edmunds True Cost to Own® (TCO®) data, which reveals costs associated with buying, owning and operating a car over a five-year period. Sometimes, when comparing cars (particularly vehicles in different classes) the TCO data is a valuable wake-up call for car shoppers.
To show you how stark the differences can be between cars, let's compare a luxury sedan and a sports car. The sticker price of both cars is about $50,000. However, when you review the TCO data, you find that over five years, the sedan will require $7,600 in maintenance while the sports car requires $9,400. That's a difference of $1,800. Furthermore, predicted repairs for the sedan over the same time period are $1,100, while the sports car is expected to need $3,500 worth of repairs, for a difference of $2,400. In maintenance and repairs alone, the sports car would cost you $4,200 more than the sedan over five years of ownership."
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