Cheapest used small car to own

Looking for a car is not easy and there is certainly a lot to take into account and calculate. For those looking for a smaller car, we can now help a little extra along the way - we have compiled a cost analysis of the best-selling small cars with us.

TCO stands for "total cost of ownership" and means that you calculate what the car actually costs to own and not just buy. Because it is actually the case that there are some additional costs when it comes to driving a car. Our compilation includes costs for depreciation, tax, insurance, service and fuel after a period of 36 months and 4,500 kilometers driven.

Hyundai i20 and Renault Clio are the cheapest

In the analysis, we have compared a used Renault Clio, Volkswagen Polo, Toyota Yaris, Kia Rio, Skoda Fabia, Peugeot 208 PureTech, Hyundai i20 and Ford Fiesta. And the cheapest to own turned out to be the Hyundai i20, with a cost per mile of 22.6 SEK. Based on 1,500 km of annual mileage, this means a monthly cost of 2,825 SEK. The Hyundai i20 is in the upper echelon when it comes to fuel costs, but compensates for this with low costs for insurance, service and depreciation.

For a cost of less than SEK 3,000 per month, we also find the Renault Clio (SEK 2,912/month). Just like the Hyundai i20, the Renault Clio has higher fuel costs than most of its competitors. The Renault Clio primarily makes up for this with a low depreciation. Compared to the Toyota Yaris, which has the greatest depreciation, the difference is a full SEK 5,600 per year. The Hyundai i20 and Renault Clio are followed by the VW Polo, Kia Rio and Skoda Fabia, all with a monthly cost of just over SEK 3,000.

Money to save through research

The most expensive in the selection is the Ford Fiesta. Anyone who buys a three-year-old Ford Fiesta can expect a mileage cost of 27 kronor and an approximate monthly cost of 3,375 kronor. That is 550 kronor more per month than the Hyundai i20. For the Ford Fiesta, it is mainly the costs of depreciation and insurance that weigh heavily.

– Our calculation shows why you should always invest time in deciding which car to buy. Even when buying a small used car, there is money to save, says Daniel Odsberg, Sales Manager Kvdbil . The decrease in value is of course not comparable to when a new car rolls out of the showroom, but it does have an impact and we see that certain models hold their value significantly better.

The costs of fuel and insurance are also something to look at. It can vary by hundreds of dollars a month between different makes and models.

About the survey
Kvdbil has calculated the TCO (Total Cost of Ownership) for a selection of Sweden's most popular small cars as used three-year-olds. This means that we have taken into account all the costs that result from the purchase decision. In the comparison, a calculation has been made on the average cost per month after three years of ownership and approximately 4,500 kilometers of mileage, including fuel. The fuel cost is based on a fuel price of 15 SEK/liter. Insurance cost and service cost are estimates based on a persona (male, Stockholm, 30s) and can vary greatly.