Honda Jazz ranked least expensive automobile to personal

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The Honda Jazz has been topped essentially the most budget-friendly automobile, with a full tank costing £62.04 and a mean three-year depreciation fee of 35%, based on new analysis by automobile insurance coverage which ranked the 50 hottest automobile fashions.

It regarded on the 50 hottest automobiles made within the final 5 years based mostly on knowledge from the Division for Transport and Driver and Automobile Licensing Company to find out which have essentially the most cost-effective operating prices, which took under consideration value to fill the tank, value of a full service, automobile tax, gas effectivity and depreciation over three years.

Assigning every automobile a rating out of 10 to point out which is essentially the most cost-effective, it revealed the Honda Jazz is essentially the most cost-effective automobile. 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 value to fill tank: £62.04
  • Common full service value: £156
  • Common annual automobile tax: £170
  • Miles per pound: 9.2
  • Common 3-year depreciation fee: 35% mentioned the Honda Jazz strikes a steadiness 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 nicely.

Toyota Yaris 2017MY

Toyota Yaris: 8.49/10

  • Estimated value to fill tank: £65.14
  • Common full service value: £177
  • Common annual automobile tax: £170
  • Miles per pound: 9.3
  • Common 3-year depreciation fee: 29% mentioned 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 fee of 29%, among the many lowest for the preferred automobiles within the nation. However it has larger service and gas prices than the Honda Jazz.

Toyota Aygo & Citroën C1: 8.41/10

  • Estimated value to fill tank: £54.28
  • Common full service value: £184 (Aygo) / £182 (C1)
  • Common annual automobile tax: £90
  • Miles per pound: 8.3 (Aygo) / 8.1 (C1)
  • Common 3-year depreciation fee: 40% mentioned the Toyota Aygo and Citroën C1 share third place with an identical cost-effective scores of 8.41/10. Among the many prime 3, they’ve the bottom yearly automobile tax and the most affordable value to fill a tank, although their gas effectivity is decrease. Their 3-year depreciation fee is 40%, which is affordable however larger than the two automobiles ranked above them.

Assessing the automobiles on particular person classes, mentioned the most affordable automobiles to fill had been: the Toyota Aygo, Citroën C1, Fiat 500 and Kia Picanto which every has a gas capability of 35 litres, costing £54.28 based mostly on a mean petrol value of £1.55 a litre (as of October 16, 2023).

The automobile with the bottom common service value was the Honda Jazz at £156. whereas the automobiles least expensive to tax had been the Toyota Aygo, Nissan Micra and Citroën C1 and C3 which share the bottom common annual automobile tax. 

Louise Thomas, motor insurance coverage skilled at automobile insurance coverage, mentioned: “Selecting your first automobile is an thrilling but vital determination. It provides you mobility however can even have an effect on your funds and even your security. “Selecting your first automobile nicely is essential to serving to handle how a lot it’s a must to spend on its ongoing operating prices. It’s not nearly proudly owning a automobile, however one that does not pressure your pockets, retains you protected and meets your wants. This alternative units the tone to your future automobile choices, educating you to prioritise the necessities over seems or pace. It’s a long-term funding that ought to match your life-style and monetary state of affairs.” automobile insurance coverage regarded on the following elements for every automobile, giving every a rating out of 10 for every issue, then averaged these scores. For elements that change based mostly on the mannequin model, like automobile tax and miles per pound, it used the center worth of the vary. utilized the next metrics:

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