The Dacia Sandero is the cheapest vehicle in use. Its version 1.0 Sce 75 hp costs 0.43 euro per kilometre for 1 year and 10,000 km. She stole first place from the Suzuki Celerio, which backed up on the third step of the podium behind another Dacia model, the Logan. Moreover, the French-Romanian manufacturer is once again present in number in the first places with four models in the Top 8.
The first French car in this ranking is the Citroën C1. Its cheapest version is the VTi 68 Live 3p with a Cost Price per Mile over 1 year / 10,000 km at 0.50 euro/km. Its cousin Peugeot 108 closes the Top 10, which logically gives pride of place to mini city cars, with the exception of the Dacia models, notably the Duster and the Dokker, respectively 5th and 8th in the hierarchy.
Compared to last year, the top of the Cost Price per Mile rankings is enhanced by the new Suzuki Ignis (18th) and Swift (21st) and the Kia Rio (23rd). In the Top 50, two new SUVs, Seat Arona (41st) and Kia Stonic (50th), also entered the top 50.
Cost Price per Mile: 2018: how is it calculated?
The criteria related to the purchase, maintenance and resale of the vehicle are taken into account in the development of the Cost Price per Mile. There are six of them:
– Purchase price: list price + penalty (or – bonus) + registration fee
– financing (credit rate of 2.8% for 15,000 euros and 36 months)
– Insurance (all risk, 50% bonus)
– Fuel consumption (manufacturer figures increased by 15%)
– Routine maintenance (tyres, battery, shock absorbers…)
On the basis of all these factors, the total cost is calculated on the basis of the number of years of vehicle use and the number of kilometres travelled over 12 months. Logically, a car costs less and less to use if it drives a lot. Indeed, fixed costs (insurance, overhaul) do not change, even if you use your vehicle very little. Thus, large rollers obtain a significantly lower Cost Price per Mile than those who drive little.
We then established our ranking of the 20 most economical cars on the market; the score (Cost Price per Mile) is the lowest cost finish and motorization for each model. It corresponds to a distance travelled of 10,000 kilometres over one year. In the event of a tie between one or more models, we have decided by integrating the cost price over 3 years and 15,000 kilometres covered each year into our data.
Cost Price per Mile: evolutions with the WLTP cycle?
Since September 1, 2018, all new vehicles must be approved according to the new WLTP (World harmonized light vehicles test procedure). The aim is to provide consumers with consumption and CO2 emissions figures that are closer to actual use. With its very low laboratory conditions and accelerations, the old NEDC cycle was accused of reducing these values.
Logically, the consumption figures and environmental penalties applied could increase rapidly. The 2019 edition of the PRK could thus see significant changes in terms of operating costs, while the entry into force of a “wltpised” malus the following year could also upset the hierarchy of the most economical vehicles.