Study Shows That 1 Honda Hatchback Is the Cheapest Car to Run In the U.S.

The cost of owning a car exceeds the price you pay for it. Gas, car insurance, and car tax costs are easy to add up. Don’t forget that global supply chain issues have caused auto prices to skyrocket over the past few years. But if he wants to beat the competition, he has one Honda hatchback with the lowest running costs.

Honda logo and lettering | NurPhoto by Xavier Bonilla/Getty Images

Which Honda model has the lowest cost of ownership?

Honda Fit
Honda Fit | Getty Images

If you’re looking for the cheapest model to own, the 2018 Honda Fit is for you. The Fit is a small five-passenger hatchback with plenty of room for all your luggage. With an average fuel cost of $3,817.20 and an annual insurance premium of $1,186, Zutobi says it’s also very cheap to own.

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