Anyone who has ever shopped for a car knows about the importance of sticking to a budget. Between the high sticker prices and the stretched-out auto loans, drivers have a lot of factors that need to be considered. One of the most significant areas is cost-to-own, which tracks the total expenses that a driver will accrue because of the vehicle. Those costs could range from fuel and maintenance to insurance and loans, and it is important to get a clear picture of these factors before making a final decision. 

To help in this regard, Kelley Blue Book recently released its list of the cars with the most valuable cost-to-own over a five-year period. 

“Kelley Blue Book's five-year cost to own information evaluates the other out-of-pocket expenses drivers will incur, which helps consumers choose the vehicle that fits them and their wallets best, helping save money down the road,” said Dan Ingle, vice president of vehicle valuations for Kelley Blue Book. 

Mazda and Lexus vehicles ranked among the best, as the brands consistently have automobiles that retain their value throughout the years. With solid reliability and mileage as well, these luxury rides are near the top of the list. Also ranking highly was the Buick Encore. Kelley Blue Book proclaimed that this car offered slow depreciation and an impressive driving experience. 

Are you ready to begin shopping for a used car that will retain its value long after purchase? At New Jersey Auto Auction, you can browse through a selection of hundreds of Carfax-certified cars, trucks and vans, most of which are available at an affordable price. If you need a little more guidance, head into the financing department, where staff members can help you find auto loans and make tough decisions about your budget.