Cost Savings: Hundreds or thousands
If you can go without a new car in your life, you'll save approximately $9,000 the estimated annual cost of owning a car, factoring in car payments, insurance and registration, fuel, maintenance and depreciation. But if you must have a new car, you can save significantly by choosing wisely.
First off, look at fuel-efficient used cars, like these reliable models that all come for under $10,000 and get at least 34 mpg.
If a new new car is what you need, consult The Daily Green's list of the most affordable fuel-efficient new cars, all under $17,500 including the cost of a year's worth of gas. The most affordable of the bunch? The Hyundai Accent, with an MSRP under $10,000 and an estimated annual fuel bill under $1,500.
Remember: compared to a 20 mpg car, a 30 mpg car will save the average driver $888 a year! There are 40 2011 cars that get 30 mpg or better. And, whatever car you drive, simple maintenance can save you as much as 20% on gas.
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