The Honda Jazz has been topped essentially the most budget-friendly automobile, with a full tank costing £62.04 and a median three-year depreciation fee of 35%, in line with new analysis by Confused.com automobile insurance coverage which ranked the 50 hottest automobile fashions.

It appeared on the 50 hottest automobiles made within the final 5 years based mostly on information from the Division for Transport and Driver and Automobile Licensing Company to find out which have essentially the most cost-effective operating prices, which took into consideration price to fill the tank, price of a full service, automobile tax, gasoline effectivity and depreciation over three years.

Assigning every automobile a rating out of 10 to point out which is essentially the most cost-effective, it revealed the Honda Jazz is essentially the most cost-effective automobile. In a separate by What Automobile? survey, the Honda Jazz (2015-2020) additionally achieved a 100% rating for general reliability.

Honda Jazz: 8.69/10

• Estimated price to fill tank: £62.04
• Common full service price: £156
• Common annual automobile tax: £170
• Miles per pound: 9.2
• Common 3-year depreciation fee: 35%

Confused.com mentioned the Honda Jazz strikes a stability between gasoline financial system and repair prices and retains its worth over time. Its 9.2 miles per pound reveals it has good gasoline financial system, and a low worth lack of 35% over 3 years means it retains its worth effectively.

Toyota Yaris: 8.49/10

• Estimated price to fill tank: £65.14
• Common full service price: £177
• Common annual automobile tax: £170
• Miles per pound: 9.3
• Common 3-year depreciation fee: 29%

Confused.com mentioned the Toyota Yaris is shut behind the Honda Jazz, with higher gasoline effectivity at 9.3 miles per pound. It additionally has a 3-year depreciation fee of 29%, among the many lowest for the most well-liked automobiles within the nation. However it has larger service and gasoline prices than the Honda Jazz.

Toyota Aygo & Citroën C1: 8.41/10

• Estimated price to fill tank: £54.28
• Common full service price: £184 (Aygo) / £182 (C1)
• Common annual automobile tax: £90
• Miles per pound: 8.3 (Aygo) / 8.1 (C1)
• Common 3-year depreciation fee: 40%

Confused.com mentioned the Toyota Aygo and Citroën C1 share third place with an identical cost-effective scores of 8.41/10. Among the many high 3, they’ve the bottom yearly automobile tax and the most affordable price to fill a tank, although their gasoline effectivity is decrease. Their 3-year depreciation fee is 40%, which is cheap however larger than the two automobiles ranked above them.

Assessing the automobiles on particular person classes, Confused.com mentioned the most affordable automobiles to fill had been: the Toyota Aygo, Citroën C1, Fiat 500 and Kia Picanto which every has a gasoline capability of 35 litres, costing £54.28 based mostly on a median petrol price of £1.55 a litre (as of October 16, 2023).

The automobile with the bottom common service price was the Honda Jazz at £156. whereas the automobiles most cost-effective to tax had been the Toyota Aygo, Nissan Micra and Citroën C1 and C3 which share the bottom common annual automobile tax. 

Louise Thomas, motor insurance coverage professional at Confused.com automobile insurance coverage, mentioned: “Selecting your first automobile is an thrilling but crucial determination. It offers you mobility however can even have an effect on your funds and even your security. “Selecting your first automobile effectively is vital to serving to handle how a lot it’s a must to spend on its ongoing operating prices. It’s not nearly proudly owning a automobile, however one that does not pressure your pockets, retains you secure and meets your wants. This selection units the tone on your future automobile choices, educating you to prioritise the necessities over appears to be like or pace. It’s a long-term funding that ought to match your life-style and monetary state of affairs.”

Confused.com automobile insurance coverage appeared on the following elements for every automobile, giving every a rating out of 10 for every issue, then averaged these scores. For elements that change based mostly on the mannequin model, like automobile tax and miles per pound, it used the center worth of the vary. Confused.com utilized the next metrics: