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Convertible
2009 Mazda MX-5 Miata
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| If you’re looking to experience the fun and flexibility of a convertible, take a look at the winner of Vincentric’s Best Value in America award – the Mazda MX-5 Miata. Although the runner up Volkswagen New Beetle is rated as an Excellent Value, the Miata rode the power-play of low depreciation and low repair costs to end up with ownership costs over 10% lower than expected, earning the Vincentric award for the second year in a row. |
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2009 Mazda MX-5 Miata
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| Cost Item |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Total |
| Depreciation: |
$7,602 |
$1,845 |
$1,399 |
$1,297 |
$1,195 |
$13,338 |
| Fees & Taxes: |
1,454 |
94 |
97 |
85 |
90 |
1,820 |
| Finance: |
1,468 |
1,184 |
879 |
551 |
200 |
4,282 |
| Fuel: |
1,353 |
1,402 |
1,452 |
1,503 |
1,556 |
7,266 |
| Insurance: |
1,841 |
1,821 |
1,802 |
1,784 |
1,766 |
9,016 |
| Maintenance: |
168 |
331 |
1,063 |
381 |
1,662 |
3,606 |
| Opportunity Cost: |
259 |
389 |
518 |
639 |
749 |
2,553 |
| Repairs: |
0 |
0 |
54 |
199 |
434 |
686 |
| Total: |
$14,146 |
$7,066 |
$7,263 |
$6,439 |
$7,653 |
$42,568 |
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