Mazda, Lexus Top KBB 2013 Cost-to-Own Awards

Each year, Kelly Blue Book awards automakers with the five-year cost to own awards, and for 2013, Mazda and Lexus take top honors.

The award goes to 22 different vehicles, as well as two automakers. In this case Mazda, and Lexus, for best mass-market brand and luxury brand in terms of ownership costs.

The winners are calculated by tallying up the fair purchase price, projected depreciation, financing costs, insurance costs and state fees as well as the anticipated total cost of fuel, scheduled maintenance and repairs. The vehicles with the lowest number are deemed the best in their class.

At just $27,006, KBB found the Scion iQ to be the most affordable car to own. The car’s excellent fuel mileage paired with the Toyota brand’s well-regarded reliability and maintenance costs pay dividends for the micro-subcompact, as it takes home the big awards.

The 22 winning vehicles are as follows:

SUBCOMPACT CAR: Scion iQ

COMPACT SUV/CROSSOVER: Jeep Patriot

COMPACT CAR: Hyundai Veloster

MID-SIZE SUV/CROSSOVER: Mitsubishi Outlander

SPORTY COMPACT CAR: Hyundai Veloster Turbo

FULL-SIZE SUV/CROSSOVER: Ford Explorer

MID-SIZE CAR: Hyundai Sonata

LUXURY COMPACT SUV/CROSSOVER: Acura RDX

FULL-SIZE CAR: Chevrolet Impala

LUXURY MID-SIZE SUV/CROSSOVER: Lincoln MKX

ENTRY-LEVEL LUXURY CAR: Buick Verano

LUXURY FULL-SIZE SUV/CROSSOVER: Lincoln MKT

LUXURY CAR: Lexus GS

MID-SIZE PICKUP TRUCK: Toyota Tacoma Double Cab

HIGH-END LUXURY CAR: Porsche Panamera

FULL-SIZE PICKUP TRUCK: Chevrolet Silverado 1500 Regular Cab

SPORTS CAR: Ford Mustang

MINIVAN/VAN: Mazda MAZDA5

HIGH-PERFORMANCE CAR: Ford Mustang GT

HYBRID SUV/CROSSOVER: Toyota Highlander Hybrid

HYBRID/ALTERNATIVE ENERGY CAR: Honda Insight

ELECTRIC VEHICLE: Chevrolet Volt