Loading...
26 Vehicle Allowances (3)M.,, 2009 Toyota Camry True Cost to Own s'" Style: CE 4dr Sedan (2.41- 4cyl SA) I Show All Stvles MSRP: From $20,195 I Prire with Ogtions Photos Viclec.s 360°.,im_ayes Editors' Rating I Read lhe Model REVie_w Consumer Rating Summary True Cost to Own' sst+,sss v,ew detans Total Cash Price $21,838 view ci Average Cost per Mile' So.sa comQare_popular model5 True Cost to Own Ratings" oOeraSing tosk depreciation Cost lo A hi lo A hi ~ Thls is a 5-year estima[e (based on 15,000 miles Der year). RaCings are based on a ccmparlson of this vehide to a!I new vehides. Based on regional msts for Zip Cod= 75460 ~ ChBnge I True Cost to Own Year 1 Vear 2 Year 3 Vear 4 Vear 5 5-yr Total DeUreci8tlon $2,635 $2,381 $2,097 51,858 $1,663 $10,639 Financing S1,456 51,179 $879 $554 $202 54,270 InSUr2nce $1,297 $1,342 $1,389 31,438 $1,459 $6,925 TaxFS &FBBS $1,657 562 $54 $64 554 $1,901 Fuel 52,120 $2,184 $2,250 $2,318 $2,388 $11,260 PA21nIBn8nCB 4391 $636 $538 $847 $1,509 43,920 Fiepair5 $0 $0 597 $234 5340 $671 Yearly Totals $9.556 $7,784 $7,314 $7,313 $7,619 $39,586 . 00036C1 . . . _ . ..T. ..T . ~r__..,,...~.T.. N EW t:'ARS 2009 Chevrolet Impala True Cost to Own s"' Style: LS 4dr Sedan (3.51- 6cyl 4A) I Show All Styles MSRP: Prom $23,045 I Price with Options Photos Videos Wa Editors' Rating Not Yet Rated I Re2c1 the Mqdel._Reyiew z Ftrat Consumer Rating Not Yet Rated IWrite a Review Summary True Cost to Own' 544,393 view details Total Cash Price $23,871 view detaiis Average Cost per Mile' 50.69 compare popular models True Cost to Own Ratings" ~ eratingc~st dgpreciation cpst lo ~ hi lo A hi * This is a 5-year estimate (based on 15,000 miles per year). " Ratings are based on a comparison of this vehide to all new vehides. Based on regional costs for Zip Code: 75460 I Ch8f190 I True Cost to Own Vear 1 Year 2 Vear 3 Year 4 Vear 5 5-yr Total DePf2CiatiOn $7,003 $2,404 $2,116 $1,874 $1,683 $15,080 Fin2ncinCj $1,592 $1,289 $961 $605 $220 g4,667 Insurance $1,284 $1,329 $1,375 $1,424 $1,445 $6,857 TLaXeS & FeES $1,832 $62 $64 $64 $54 $2,076 Fuel $2,314 $2,383 $2,454 52,528 $2,604 $12,283 Main enance $133 S477 $298 $825 $955 $2,688 Repairs $0 $o g109 5258 $375 g742 Yearly Totals $14,158 ;7,944 $7,377 $7,578 $7,336 $44,393 ~ G_et A_d.ditional Tru_.e. C_o..$1 tQ Own. Information. . uuu36i . ~am~~i~~~~~ . e~r~e J . r,a , NEW CaF:S . . LIM 2009 Chevrolet Impala True Cosi to Own s"" Sryle: LS 4dr Sedan (3.51- 6cyl 4A) I Show AII Stvies MSRP: From $23,0451 Price with Options Pl.iotos Vid_eos N,;} Editors' Rating Not Yet Rated I Reaci the_MO_d„el_Rev_iew Consumer Rating Not Yet Rated IWrite a Review Summary TfUQ COSt t0 OWfI' 544,397 view details Total Cash Price $23.877 v_iew decads Average Cost per Mile' Sess comoare oopular models True Cost to Own Ratings" pp_era[ing_cqSt d.,precia[iQn c,qst lo A hi lo & hi " This is a 5-year estimate (basetl on 15,000 miles per year). " RaUngs are based on a comparison of this vehicle to all new vehiUes. eased on regional costs for zip Cotle: 75460 I Change j True Cost to Own Year 1 Year 2 Vear 3 Year 4 Vear 5 5-yr Total fJBp_IeCi2liOn 47,003 $2,404 $2,116 $1,874 $1,683 515,080 Fin2ncjng $1,592 $1,289 5961 $605 $220 $4,667 Insurence 51,28a 51,329 S1,375 51,a2a 51,aa5 $6,857 1_axes & Fees $1,832 $62 564 $ba $Sa 92,076 Fuel 52,31a 82,383 52,a5a $2,528 $2,604 512,283 Maintenance $133 $477 $296 $825 $955 $2,686 (i2pairs 5o So $309 $258 $375 g7a2 Yearly Totals $14,158 g7,944 g7,377 S7,578 ;7,336 544,393 ~ Uet AdOitio.nal True_Cost to Oy+.n..lnfor_mation a L11)VJ6G - , ._T-~ , ._T-,r ~ ~~r-.f--•~ , . a ~ `.eargun s ~ 2009 Ford Explorer True Cost to Own sM Style: XLT 4dr SUV (4A1- 6cyl 5A) I ShowAll Slyfes MSRP: From $26,995 I Price yith_O_etions Photos Videos Editors' Rating I Fead the_Moeiel Review Consumer Rating Not Yet Rated IWrlte a Feview 2009 Ford Explorer True Cost to Owji Summary True Cost to Own' s57,269 view detads Total Cash Price $28,016 view detad; Average Cost per Mile' s9 .76 cumpare poguiar rriode;s True Cost to Own Ratings" operati_ng ccS; dep.reCiatir_n_c.gs.. lo A Fi lo A hi ' Tliis is a 5-year es6mate (based on 15,000 miles per year). Rztings are based on a comparimn of this vehiUe to all new vehiUes. eas=d on regionai msts tor zip Code: 75460 ~ Change I True Cost to Own Year 1 Vear 2 Year 3 Vear 4 Vear 5 5-yr Total DP.prACiatiqf_ 512,432 $2,304 $2,027 $1,796 $1,612 $20,171 FIpaf7Ciflg 52,068 g1,674 $1,248 $786 5286 56,062 Insu_rance $1,190 51,232 51,275 51,319 51,339 86,355 T2zE5.&.F225 52,222 $62 564 $64 354 52,466 Fuel $3,217 $3,314 83,413 83,515 $3,620 517,079 M3i.nt~f'.i2n_C.@ $491 $605 5769 $755 51,674 54,294 NEpairS $O $0 $124 $292 $426 5842 Ye2rly Totals $21,620 ;9,191 $8,920 ;8,527 $9,011 .5,57,269 UUU363 il =a ,r...._.._~_ r_..~.~.. NEWti> AF?S 2009 Ford Taurus True Cost to Own s"' Style: SEL 4dr Sedan (3.51- 6cyl 6A) I S.fiow_All_S_t.y..l.e. s MSRP: From $25,4251 Pri.c..e._with._O...p(ions Photos ~ tt?A ~ Editors' Rating Not Yet Rated I Read the Model Review WA Consumer Rating Not Yet Rated IWrite a Review Summary True Cost to Own" sar,nsa yiew_cfetails Total Cash Prite $25,835 yievr Aeta.ils Average Cost per Mile' so.ss compar_e popufar modeis True Cost to Own Ratings" o.perating co.5t dzpreaat on_c_ost lo i hi lo ` hi " This is a 5-year estimate (based on 15,000 miles per year). Ratings are based on a comparison of this vehide [o all new vehides. Based on reqional costs for Zip Code: 75460 Cha . n9e l True Cost to Own Year 1 Year 2 Vear 3 Year 4 Year 5 5-yr Total Depreciation 58,410 $2,275 $2,001 $1,775 $1,592 $16,053 Finaflcing $1,856 $1,503 $1,120 $706 $257 $5,442 InSUrance $1,197 81,239 $1,282 $1,327 $1,347 $6,392 Taxe_s_RFee~. $2,002 $62 $64 $64 $54 $2,246 FU21 $2,426 $2,499 $2,574 $2,651 $2,731 $12,881 Mainte-nance $308 $530 $376 $833 $1,192 $3,239 RepailS $0 $0 $118 $278 $405 $801 YearlyTotalS $16,199 ;8,108 $7,535 $7,634 $7,578 $47,054 ~ C,_et Addition_a..l TriLeCost to_O.wn Informalion /Nl ~ ~ _1~`...... ~ y1 ~ a+~.~ •e~e s~,, `~Pa 1~;. ,~..r-e.as. ~ . 2009 Ford Taurus True Cost to Own s"' Sryle: SEL 4dr Sedan (3.51- 6cyl 6A) I SYiow AlI Styles MSRP: From $25,4251 Price..with_Options Photos Ia.,, Editors' Rating Not Yet Rated I Read the Model Review Consumer Rating Not Yet Rated IWrife a P.eview Summary True Cost to Own' >47,o,4 ~ev, detaiis Totai Cash Price $25,835 vievr.Aetaiis ! Average Cost per Mile' sar,s comparepopuiar inod=_is True Cost to Own Ratings" operating rost cl2precieton cosi io A m lo E ni ' This is a 5-year estimate (basetl on 15,000 miles Oer year). Ra[ings are hased on a comparison of this vehide to all new vehides. eased on regionai costs For Zip Code: 75460 Chenge I True Cost to Own Year 1 Year 2 Year 3 Vear 4 Year 5 5-yr Total D_preciapon $8,410 52,275 52,001 51,775 51,592 516,053 FnanGiny $1,856 $1,503 51,120 5706 $257 $5,442 Insurance $1,197 $1,239 $1,282 $1,327 51,3a7 46,392 TBxes R FeBS $2,002 $62 56a 56a $54 52,2a6 Ri21 52,426 $2,499 $2,574 $2,651 $2,731 512,881 M2In(enanCe $308 $530 8376 $833 51,192 $3,239 Rgpajf5 $0 $0 $118 $278 $405 $801 Vearly Tota15 $16,199 ;8,108 $7,535 $7,634 $7,578 $47,054 ~ Get Adrilionul True Cost to Own Information . 000361 - ...T. _T T-.,._T._ . . . t : . _r . .r~ ~~~l ri,jj I ,S7 ~ , 7YE'9k! CF4t`;.`t 2008 Ford F-150 True Cost to Own sr~ Sryle: XL 2dr Regular Cab Styleside 6.5 ft. SB (4.2L 6cyl 5M) I Show All Styles MSRP: From $17,900 I Price_w_ith Options Phatos Videos 36Q° im_ages Editors' Rating I Read the Model Review Consumer Rating Summary True Cost to Own' se3,516 ~,e, rietaiis Total Cash Price $21.126 eYO dztaiis Average Cost per Mile' so.:+i c_ompare.pcpc'ar. _mogeis True Cost to Own Ratings" operating coyt depreciatlonSast lo A hl lo A hi * This is a 5-year esYimate (basetl on 15,000 miles per year). Ratings are based on a companson of this vehlcle [o all new vehicles. Based on regionai costs for Zip Code: 75462 ~ Change ~ True Cost to Own Year 1 Year 2 Year 3 Year 4 Year 5 5-yr 7otal DBprPCi$tion $12,058 $1,417 51,247 $1,105 $991 816,818 Financing $1,709 $1,383 51,031 5650 5237 55,010 In$ur3nC2 $1,394 51,443 $1,493 $1,546 51,569 $7,445 TaxES_&_Fees $1,849 $62 $64 $64 554 52,093 FuB! $3,217 53,314 g3,413 $3,515 $3,620 $17,079 Mainten3nce $464 $584 $751 $806 §1,624 $4,229 REpai(S $0 $O $124 $292 $426 $842 Y08fly TotalS $20,691 $8,203 $8,123 $7,978 $8,521 $53,516 ~ 000365 q ir* 9- T. . i T_. _T.. Page 1 of 2 ~1 ~ t, TI'll£ Cc7St t0 Ownsm (TCC}) About True Cost to OwnsM Edmunds.com's True Cost to Ownsm is a proprietary tool that helps you estimate the total five-year cost of buying and owning a vehicle - including some items you may not have taken into consideration. A benefit of using this tool is that you can easily compare the five-year totals for different vehicies and make a more informed choice. The costs that we estimate include depreciation, interest on financing, taxes and fees, insurance premiums, fuel, maintenance and repairs. In order to estimate certain mileage-dependent costs, we assume that vehicles have been driven an average of 15,000 miles per year. For used vehicles, we calculate mileage using the nominal difference between the current calendar year and the vehicle's model year. Note that TCO is a comparative tool, not a predictive tool - your actual five-year cost of owning a particular vehicle will vary depending on your personai circumstances, such as your driving history and the number of miles you drive. How We Calculate True Cost to OwnsM The True Cost to Ownsm calculations use the following set of assumptions: • Ownership expenses are considered over a five-year time span • You will drive an average of 15,000 miles per year • You are financing the vehicle using traditional financing, not lease financing • You are in the Gold credit tier for the purpose of determining your finance rate • You are putting a 10% down payment on the vehicle at purchase • Your retail contract term is 60 months • You represent the average demographic for insurance rate consideration Using proprietary formulas, we calculate the five-year costs for the seven cost categories that make up the TCO (depreciation, insurance, financing, taxes & fees, fuel, maintenance and repairs). We take into account widely available manufacturer to customer cash rebates on new cars, which may result in a lower net cost of ownership. However, we do not account for other types of cash rebates or incentives due to the variability in the offers as well as the eligibility rules for such offers. Explanation of True Cost to Ownsm Terms Depreciation This is the amount by which the value of a vehicle deciines from its purchase price. The purchase price employed for new cars is the vehicle's True Market Valueo price in your state (including typical equipment and destination charge). The purchase price employed for used cars is the vehicle's Private Party True Market Valueo price in your state. The resale value assumes the vehicle will be in "clean" condition, will be driven an average of 15,000 miles per year, and will be sold to a private party. Insurance This is the estimated average annual insurance premium being charged by insurers in your state. The premium has been determined based on annual premium data for defined driver profiles and coverages (liability, comprehensive and collision) from the four largest insurers in each state (except Massachusetts, which is based on premium data from one large insurer). While this information is specific to vehicle make, model, model year and body type, your personal information is not taken into consideration and could greatly alter the actual premium quoted by an insurer. Factors that will affect your rate include your age, marital status, credit history, driving record, and the garaging address of your vehicle. Financing This is the interest expense on a loan in the amount of the True Market Valuee purchase price (including typical equipment) plus the destination charge (for new cars) and the base sales tax and initial fees for your state, assuming a 10% down payment and a loan term of 60 months. The interest rate used is the prevailing rate that banks and other direct automotive lenders are charging consumers in your geographic region who are in the Gold credit tier (which encompasses the majority of the car-buying population) of the Edmunds.com Finance Rate Estimator. Note: Even if you do not finance your vehicle, the inclusion of financing cost in determining True Cost to OwnSM is still appropriate because http://www.edmunds.com/popupinfo/aboutcto.html 10/9/2008 T 000366 - - - - - - - - -~--F _ . n . rage i ot I M'S~ ~ cI ose_wi _ ~F• True Cost ta Ownsm (TCO) About True Cost to Ownsm Edmunds.com's True Cost to OwnSM is a proprietary tool that helps you estimate the total five-year cost of buying and owning a vehicle - including some items you may not have taken into consideration. A benefit of using this tool is that you can easily compare the five-year totals for different vehicles and make a more intormed choice. The costs that we estimate include depreciation, interest on financing, taxes and fees, insurance premiums, fuel, maintenance and repairs. In order to estimate certain mileage-dependent costs, we assume that vehicles have been driven an average of 15,000 miles per year. For used vehicles, we calculate mileage using the nominal differerice between the current calendar year and the vehicle's model year. Note that TCO is a comparative tool, not a predictive tool - your actual five-year cost of owning a particular vehicle will vary depending on your personal circumstances, such as your driving history and the number of miles you drive. How We Calculate True Cost to Ownsm The True Cost to Ownsm calculations use the foflowing set of assumptions: . Ownership expenses are considered over a five-year time span • You will drive an average of 15,000 miles per year • You are financing the vehicle using traditional financing, not Iease financing • You are in the Gold credit tier for the purpose of determining your finance rate • You are putting a 10% down payment on the vehicle at purchase • Your retail contract term is 60 months . You represent the average demographic for insurance rate consideration Using proprietary formulas, we calculate the five-year costs for the seven cost categories that make up the TCO (depreciation, insurance, financing, taxes & fees, fuel, maintenance and repairs). We take into account widely available manufacturer to customer cash rebates on new cars, which may result in a lower net cost of ownership. However, we do not account for other types ot cash rebates or incentives due to the variability in the offers as well as the eligibility rules for such offers. Explanation of True Cost to Ownsm Terms Depreciation This is the amount by which the value of a vehicle declines frorri its purchase price. The purchase price employed for new cars is the vehicle's True Market Value@ price in your state (including typical equipment and destination charge). The purchase price employed for used cars is the vehicle's Private Party True Market Valuee price in your state. The resale value assumes the vehicle will be in "clean" condition, will be driven an average of 15,000 miles per year, and wiil be sold to a private party. Insurance This is Ihe estimated average annual insurance premium being rharged by insurers in your state. The premium has been determined based on annual premium data for defined driver profiles and coverages (liability, comprehensive and collision) from the four largest insurers in each state (except Massachusetts, which is based on premium data from one large insurer). While this information is specific to vehicle make, model, model year and body type, your personal information is not taken into consideration and could greatly alter the actual premium quoted by an insurer. Factors that will affect your rate include your age, marital status, credit history, driving record, and the garaging address of your vehicle. Financing This is the interest expense on a loan in the amount of the True Market Valueo purchase price (including typical equipment) plus the destination charge (for new cars) and the base sales tax and initial fees for your state, assuming a 10% down payment and a loan term of 60 months. The interest rate used is the prevaifing rate that banks and other direct automotive lenders are charging consumers in your geographic region who are in the Gold credit tier (which encompasses the majority of the car-buying population) of the Edmunds.com Finance Rate Estimator. Note: Even if you do not finance your vehicle, the inclusion of financing cost in determining True Cost to OwnSM is still appropriate because http://www.edmunds.com/popupinfo/aboutcto.html QQM i 10/9/2008 . _ _T - _ T_.,.._._.T.. - - - - - t - - - - - - - - - ~ ~ . . , . . . . . Page 2 of 2 it reflects the "opportunity cosY" of the return you could have made if you had invested the Purchase Price elsewhere. Taxes & Fees Sometimes referred to as DMV fees, this consists of the base sales taxes, license and registration fees in your state, and gas guzzler tax if applicable. These taxes and fees are frequently based on a percentage of the purchase price, and generally decrease as the vehicle ages and loses its value. Note that the average state sales tax that we use includes local and county taxes. Fuel This expense is based on EPA mileage figures, assuming corsumption consists of two-thirds highway and one-third city driving, and that the vehicle has an automatic transmission unless automatic is not available. Cost estimates are based on self-service prices, using regular unleaded gasoline for vehicles whose manufacturers require regular; premium unleaded gasoline for vehicles whose manufacturers require premium; or diesel fuel for diesel vehicles. Maintenance This is the estimated expense of two types of maintenance: sc:heduled and unscheduled. Scheduled maintenance is the performance of factory-recommended items at periodic mileage and/or calendar intervals. Unscheduled maintenance includes wheel alignment and the replacement of items such as the battery, brakes, headlamps, hoses, exhaust system parts, taillight/turn signal bulbs, tires and wiper blades/inserts. Estimated tire replacement costs are supplied to Edmunds.com by The Tire Rack, Inc. Repairs This is the estimated expense for repairs not covered by the vehicle manufacturer's warranties over the five years from the date of purchase, assuming an average of 15,000 miles are driven annually. This expense is based on the cost of a typical "zero deductible" extended warranty for the vehicle, minus the estimated amount of that cost that consists of the warranty provider's overhead and profit. Total Cash Price For new vehicles, the Total Cash Price shown is the vehicle's True Market ValueO (TMV) price plus typically equipped options, destination charge, base tax and fees for the state, and, if applicable, guzzler tax; less any widely available man ufacturer-to-custom er cash rebates. For used vehicles, the Total Cash Price shown is the sum of the vehicle's Private Party TMVO price in "clean" condition, typically equipped options, and base tax and fees for the state. Explanation of True Cost to OwnSM Ratings Operating cost These are the ongoing "out of pockeY" costs of owning and operating a new vehicle: Financing, Insurance, Taxes & Fees, Fuel, Maintenance and Repairs. This rating displays the vehicle's relative ranking in terms of operating costs when compared to other new vehicles. Depreciation cost This is the amount by which the value of a vehicle declines over its first five years, assuming that its initial value (i.e., its purchase price) is its current Edmunds.com True Market Value@ price. This rating displays the vehicle's relative ranking in terms of depreciation percentage when compared to other new vehicles. close window http://www.edmunds.com/popupinfo/aboutcto.html 10/9/2008 ~ G0 0 3 6 S . , . . . _ . T. . ..r . . r._... .,...__.T.. ~ Annual Costs of City Purchased Vehicle S20,000 $25,000 City of Paris Description Vehicle Vehicle Payments $ 7,200 $ 9,000 Insurance $ 350 $ 450 Fuel $ 1,500 $ 1,500 Maintenance $ 400 $ 400 Total $ 9,450 $ 11,350 Per Mile Operational Cost $ 0.95 $ 1.14 Assumptions: 3 yr. financing, 20 MPG, 10,000 miles driven Revised 2/20/08 T i _