Tuesday, December 4, 2007

Today's cheap cars can cost you a bomb later


Hamburg: Cheaper cars in the same market segment are not always cheaper in the long run when it comes to running costs and resale value, according to tests conducted by Germany's automobile association , ADAC and ZDF television.
The biggest price difference was found in the SUV (Sports Utility Vehicle) segment where the BMW X3 was compared with the Toyota RAV.
Although the BMW was $12,843 more expensive than the RAV at a price of $54,575, total running costs over 60,000 km were just $4,378 more than the Japanese vehicle, which has a new price tag of $41,740.
Testers calculated over-the-period fuel consumption costs, insurance and the resale value of the used vehicle after four years
In the compact car segment, the VW Golf (V) Trendline was compared to the Opel Astra Twinport.

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