TOYOTA MATRIX

Wagon, under $23,000

Toyota Matrix

Although sister vehicles the Toyota Matrix and the Pontiac Vibe may have been separated at birth, they were joined at the hip in the Wagon, under $23,000 segment. However, despite the closeness, the Matrix had cost-of-ownership that measured over 10% lower than expected, outpacing the Vibe and winning Vincentric’s Best Value in America award for the second year in a row.
 

2007 Toyota Matrix STD 4D Hatchback 2WD 5sp*
Cost Item Year 1 Year 2 Year 3 Year 4 Year 5 Total
Depreciation:  $2,955 $1,417 $1,319 $1,222 $1,124 $8,037
Fees & Taxes : 908 69 76 64 72 $1,189
Finance:  871 702 521 326 118 $2,538
Fuel:  1068 1105 1145 1186 1228 $5,732
Insurance:  1489 1497 1504 1512 1519 $7,521
Maintenance:  142 268 432 846 150 $1,838
Opportunity Cost: 279 465 665 905 1141 $3,455
Repairs:  0 0 157 261 261 $679
Total $7,712 $5,523 $5,818 $6,321 $5,613 $30,989
*The data displayed here is for the specific model and trim identified.  The award is based on an average of all trims combined as of January, 2007.

 

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