GUIDECheapest Vehicle Classes to Own
Using real median market prices (pulled from MarketCheck across 152 popular vehicles) and our standard 5-year ownership model, here’s how the five main vehicle classes rank by total cost of ownership — cheapest first.
Data refreshed monthly · last updated September 2026
The ranking
#1 — Sedan
$33,9715-year estimate · $566/mo · real avg. price $38,419Full breakdown →#2 — SUV / crossover
$46,1975-year estimate · $770/mo · real avg. price $47,910Full breakdown →#3 — Truck
$48,4865-year estimate · $808/mo · real avg. price $54,008Full breakdown →#4 — Electric
$48,8425-year estimate · $814/mo · real avg. price $59,419Full breakdown →#5 — Luxury
$69,6815-year estimate · $1,161/mo · real avg. price $69,884Full breakdown →