figuring out total cost of ownership
I don't know if anyone else out there tracks what the put into any car and when they trade/sell/dispose of it work out the yearly cost of ownership. For me, I have tracked for the past 3 cars and found that the cost seems to be going up considerably, but not from the initial price of purchase, but actually from the reliability and repair costs associated.
My first "real" car was a new 96 Ford Explorer Sport. This for some reason works out to have the lowest total cost of ownership as it just kept on going without very much ever going wrong with it and any repairs that needed to get done were pretty low cost. As I am in Canada, the car cost me $26,500 after taxes and financing charges. I ended up putting in $2,900 in ongoing repairs and $1,800 in consumables (tires, breaks, wipers, oil). I kept the car for 12 years so it ended up with $2,600 per year (number rounded to the nearest hundred dollars
My next car was a used 2006 Ford Escape as I couldn't afford any of the Explorers any more as their cost skyrocketed as everyone wanted bigger and bigger trucks. I paid $16,000 for the vehicle but ended up spending over $4,800 in repairs before I gave up. My consumables were only $900 as the car lasted me 6 years and was traded in for $1800 bringing the TOA to $3,330 per year.
My last car was another Ford. This time I got a used 2013 Edge for $24500. I got a bit hosed with this car as within the first year of ownership the breaks froze up and overheated the rotors. The garage I took it too also told me the ABS sensors were shot (that I believe was likely false now in afterthought) for $2300. I did buy snow tires for the car $1300. Consumables (oil & wipers $400 as I decided to go synthetic to try and get the most life out of the car. I ended up having to replace the front breaks again (pads and rotors) as they locked up again and destroyed the rotor $580. The front center console unit failed and I ended up replacing $550. I figured out that the electronics and breaks were going to be a constant issue and decided I didn't want to keep fixing it and traded it in for $12500 after my 4 years of driving. TOA - $4300 per year.
Now I got the Kia Niro at $31,250. I don't know if I should be counting the negative dollar amount of fuel savings to be fair as all my past cars have been gas (and i am sure if you were quiet while driving, you could hear the engine just sucking the gas tank dry).
From an interesting side, my wife picked up a used 2006 Kia Sportage about 2 years after I got the Escape, and it lasted her for 8.5 years with a TOA of $1720 per year. Obviously Kia is a better value for dollar over a Ford.