The true cost of driving: A $59,000 difference between the cheapest and priciest cars


When selecting a car, the sticker price isnt the only cost

By Mark Huffman of ConsumerAffairs

May 8, 2025

  • Average cost to drive a new car is $3,593 per 1,000 miles, based on vehicle price and usage.

  • Most affordable models: Mitsubishi Mirage (car), Nissan Kicks (SUV), and Ford Maverick (truck).

  • Most expensive model: Porsche 911, costing a staggering $60,708 per 1,000 miles.


A new study reveals staggering differences in the cost of driving new vehicles, showing that not all cars are equal when it comes to getting from point A to B.

Based on an analysis of over one million used car transactions, automotive website iSeeCars reports the average new car costs $3,593 for every 1,000 miles driven. But the gap between the least and most expensive vehicles is a whopping $59,600.

At the affordable end, the Mitsubishi Mirage tops the list at just $1,119 per 1,000 miles.

Cheapest 3-Year-Old Cars per 1,000 Miles Driven – iSeeCars Study

Rank

Model

Average New Price

Average MIles Driven per Year

Price per 1k Miles per Year

Compared to Average

1

Mitsubishi Mirage

$18,281

16,342

$1,119

0.31x

2

Kia Rio

$18,553

13,988

$1,326

0.37x

3

Chevrolet Spark

$16,982

12,624

$1,345

0.37x

4

Nissan Versa

$19,250

13,904

$1,384

0.39x

5

Mitsubishi Mirage G4

$19,355

13,744

$1,408

0.39x

6

Kia Soul

$22,197

15,590

$1,424

0.40x

7

Toyota Corolla

$23,349

15,310

$1,525

0.42x

8

Chevrolet Malibu

$28,637

18,762

$1,526

0.42x

9

Hyundai Accent

$18,720

12,006

$1,559

0.43x

10

Nissan Sentra

$23,045

13,592

$1,695

0.47x

Overall Average

$44,223

12,307

$3,593

Meanwhile, luxury and high-performance vehicles like the Porsche 911 command $60,708 for the same distancenearly 17 times the industry average.

Most Expensive 3-Year-Old Cars per 1,000 Miles Driven – iSeeCars Study

Rank

Model

Average New Price

Average MIles Driven per Year

Price per 1k Miles per Year

Compared to Average

1

Porsche 911

$179,739

2,961

$60,708

16.89x

2

Mercedes-Benz SL-Class

$160,195*

2,679

$59,788

16.64x

3

Porsche 911 (convertible)

$180,815

3,207

$56,388

15.69x

4

Lucid Air

$247,847

5,784

$42,853

11.93x

5

Mercedes-Benz G-Class

$179,405*

5,150

$34,836

9.69x

6

Audi RS e-tron GT

$160,951

5,386

$29,884

8.32x

7

Lexus LC 500 Convertible

$112,772

3,927

$28,717

7.99x

8

Porsche 718 Boxster

$100,328

3,545

$28,304

7.88x

9

Chevrolet Corvette (convertible)

$92,508

3,596

$25,726

7.16x

10

Porsche 718 Cayman

$96,017

3,773

$25,445

7.08x

Overall Average

$44,223

12,307

$3,593

Fuel type matters too. Hybrids are the most economical to operate, averaging $2,978 per 1,000 miles, while electric vehicles top the list as the most expensive at $6,428, due to high purchase prices and limited annual usage.

As car prices remain high, experts urge buyers to weigh not just sticker price, but long-term cost per mile.

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