US car sales continue to slump, with american consumers apparently unwilling to stomach the large loss in value of new cars after the first year of ownership. A lack of available finance has been mainly responsible for the slowdown of car sales, but when as much as a third of the cost of the overall cost of ownership can be spent by simply driving off the forecourt ( according to "Cost to Own" figures produced by aol.autos.com in conjunction with Vincentric), who can blame American consumers for thinking twice before buying new ?
Top 10 Selling US Cars (Dec / Jan 2009)
1 - Ford F-150
Jan 2009 Sales : 25,237
VS Jan 2008 : -38.6 %
Fuel Economy Range : 19 mpg Hwy, 14 mpg City
Cost of ownership per year :
Year 1 : $18,600
Year 2 : $5,002
Year 3 : $4,854
Year 4 : $4,714
Year 5 : $5,700
Total : $38,871
Year 1 Depreciation $13,139
(33.8% of 5 year cost of ownership)
2 - Chevrolet Silverado 1500
Jan 2009 Sales : 23,987
Vs Jan 2008 : -33.6 %
Fuel Economy Range: 19 mpg Hwy, 14 mpg City
Cost of Ownership Per Year
Year 1 : $18,785
Year 2 : $5,329
Year 3 : $5,057
Year 4 : $5,015
Year 5 : $5,685
Total : $39,873
Year 1 Depreciation : $13,169
(33.0% of 5 year cost of ownership)
3 - Dodge Ram
Jan 2009 Sales : 12,843
Vs Jan 2008 : -35.5 %
Fuel Economy : 20 mpg Hwy, 14 mpg City
Cost of Ownership Per Year
Year 1 : $21,017
Year 2 : $5,331
Year 3 : $5,329
Year 4 : $5,381
Year 5 : $6,125
Total : $43,184
Year 1 Depreciation : $15,036
(34.8% of 5 year cost of ownership)
4 - Chevrolet Malibu
Jan 2009 Sales : 9,312
Change vs Jan 009 : -34%
Fuel Economy Range: 30 mpg Hwy, 22 mpg City
Cost of Ownership Per Year
Year 1 : $13,318
Year 2 : $4,298
Year 3 : $4,047
Year 4 : $4,311
Year 5 : $4,869
Total : $30,845
Year 1 Depreciation : $ 8,882
(28.8% of 5 year cost of ownership)
5 - Ford Escape
Jan 2009 Sales : 8,360
Change vs Jan 2008 : -25.3 %
Fuel Economy Range: 28 mpg Hwy, 22 mpg
City
Cost of Ownership Per Year
Year 1 : $12,744
Year 2 : $4,802
Year 3 : $4,094
Year 4 : $4,098
Year 5 : $4,796
Total : $30,537
Year 1 Depreciation : $8,365
(27.4% of 5 year cost of ownership)
6 - Ford Fusion
January 2009 Sales: 8,152
Change vs. January 2008: -11.2%
Fuel Economy Range: 29 mpg Hwy, 20 mpg City
Cost of Ownership over 5 years :
Year 1 : $12,533
Year 2 : $4,431
Year 3 : $4,292
Year 4 : $4,457
Year 5 : $5,252
Total : $31,810
Year 1 Depreciation : $8,910
(28% of 5 year cost of ownership)
7 - GMC Sierra
January 2009 Sales: 8,020
Change vs. January 2008: -39.2%
Fuel Economy Range: 19 mpg Hwy, 14 mpg
City
Cost of Ownership over 5 years :
Year 1 : $19,323
Year 2 : $5,376
Year 3 : $5,112
Year 4 : $5,068
Year 5 : $5,750
Total $40,631
Year 1 Depreciation : $13,609
(33.5% of 5 year cost of ownership)
8 - Ford Focus
January 2009 Sales: 7,769
Change vs. January 2008: -33%
Fuel Economy Range: 35 mpg Hwy, 24 mpg City
Cost of Ownership over 5 years :
Year 1 : $9,816
Year 2 : $3,849
Year 3 : $3,744
Year 4 : $3,832
Year 5 : $4,419
Total : $25,663
Year 1 Depreciation : $6,148
(24.0% of 5 year cost of ownership)
9 - Chevrolet Impala
January 2009 Sales: 7,062
Change vs. January 2008: -61.8%
Fuel Economy Range: 29 mpg Hwy, 19 mpg City
Cost of Ownership over 5 years :
Year 1 : $16,653
Year 2 : $4,970
Year 3 : $4,720
Year 4 : $4,841
Year 5 : $5,789
Total : $36,975
Year 1 Depreciation : $11,741
(31.8% of 5 year cost of ownership)
10 - Jeep Wrangler
December 2008 Sales: 6,362
Change vs. December 2007: -66%
Cost of Ownership over 5 years :
Year 1 : $14,513
Year 2 : $5,667
Year 3 : $5,230
Year 4 : $4,957
Year 5 : $5,713
Total : $36,082
Year 1 Depreciation : $9,253 (26.4% of 5 year cost of ownership)
Report compiled by Justin Woodcock on behalf of Find-a-Part - now available for Auto Parts in the USA and Canada !
