When you buy a car, the biggest number you see is the price. The sticker price, the invoice price, and the price you paid to get that car onto your driveway or into your garage. Savvier buyers also look at the total cost of ownership, which includes the price but also adds in the cost of driving, maintaining, and insuring the car.
The easiest way to determine the total cost of ownership on a car is to turn to online calculators, like this True Cost to Own calculator from Edmunds.
If you’re curious just from an insurance perspective, Forbes has published a list of the least and most expensive cars to insure according to data provided by Insure.com. They quoted rates for a 40-year-old male who commutes 12 miles to work with your fairly standard insurance limits. $300k/$100k injury limits, $50k property damage, and $500 deductibles on collision and comprehensive.
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