Kelley Blue Book lists the most affordable cars - FOX 8 WVUE New Orleans News, Weather, Sports

Kelley Blue Book lists the most affordable cars

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Irvine, Calif. - People looking to make affordable car purchases have a new set of guidelines.

Kelley Blue Book researchers are out with this year's rundown of the most affordable cars on the market. Overall, the most affordable brand is Mazda. Lexus gets the nod for the most affordable luxury car brand.

Researchers say it's important carbuyers looking for affordability consider more than just what it costs to take a car home. "Most cars are worth usually thirty to forty percent of their original MRSP's. So that can have a huge impact on what it could cost to own a vehicle. There is a lot of variation there depending on brand. Things like insurance costs will vary widely depending on segment. Luxury cars and sports cars are a lot more expensive to insure than something like a midsize Sudan like a Camry or a Honda Accord," says Kelley Blue Book's Alec Gutierrez.

The following is a breakdown of the most affordable cars by class.

SUBCOMPACT CAR:  Scion iQ

COMPACT SUV/CROSSOVER:  Jeep Patriot

COMPACT CAR:  Hyundai Veloster

MID-SIZE SUV/CROSSOVER:  Mitsubishi Outlander

SPORTY COMPACT CAR: Hyundai Veloster Turbo

FULL-SIZE SUV/CROSSOVER: Ford Explorer

MID-SIZE CAR:  Hyundai Sonata

LUXURY COMPACT SUV/CROSSOVER:  Acura RDX

FULL-SIZE CAR: Chevrolet Impala

LUXURY MID-SIZE SUV/CROSSOVER:  Lincoln  MKX

ENTRY-LEVEL LUXURY CAR:  Buick Verano

LUXURY FULL-SIZE SUV/CROSSOVER:  Lincoln MKT

LUXURY CAR: Lexus GS

MID-SIZE PICKUP TRUCK:  Toyota Tacoma Double Cab

HIGH-END LUXURY CAR: Porsche Panamera

FULL-SIZE PICKUP TRUCK:  Chevrolet Silverado 1500 Regular Cab

SPORTS CAR:  Ford Mustang

MINIVAN/VAN:  Mazda MAZDA5

HIGH-PERFORMANCE CAR: Ford Mustang GT

HYBRID SUV/CROSSOVER: Toyota Highlander Hybrid

HYBRID/ALTERNATIVE ENERGY CAR: Honda Insight

ELECTRIC VEHICLE: Chevrolet Volt

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