3 Midsize Trucks That Cost Less Than $25,000 Out-of-Pocket Over 5 Years
Buying a car, truck, or SUV is more expensive than it looks. When you add up some of the hidden fees like maintenance, insurance, repairs, and fees, your new pickup truck might cost far more than anticipated. However, over five years, these three trucks cost less than $25,000 out-of-pocket.
The Ford Maverick truck costs less than $25,000 out-of-pocket over five years
Kelley Blue Book found that of all the trucks on the market right now; the 2022 Ford Maverick cost around $19,017 out of pocket in the first five years. The price estimates the cost of fuel to fill up over 15,000 miles annually. Maintenance includes oil changes and other items to keep your midsize truck running.
Insurance is the average cost of insuring the vehicle in your state (with collision and liability), and repairs are based on a no-deductable extended warranty. That number and the rest will differ from person to person. Ford’s 2022 Maverick starts at $20,995 and goes up to $26,860.
| Fuel | $5,659 |
| Maintenance | $2,464 |
| Insurance | $5,430 |
| Repairs | $1,833 |
| Financing | $1,441 |
| State Fees | $2,190 |
| Total Out of Pocket Expenses | $19,017 |
| Depreciation (Loss in Value) | $8,774 |
| Five-Year Cost to Own | $27,791 |
Financing, state fees (sales tax, license, registration), and depreciation were also factored in. Ford’s 2022 Maverick had a five-year cost-to-own amount of $27,791, and total out-of-pocket expenses came to $19,017. The Maverick was first in its class in the midsize pickup truck category.
Check out the Ford Ranger SuperCab for a truck that costs less than $25,000 out-of-pocket
In second place but still one of the best in its class, the 2022 Ford Ranger SuperCab has some pretty reasonable ownership costs. This truck starts at $33,680 for 2022, and Kelley Blue Book found that total out-of-pocket expenses were only $22,871.
| Fuel | $9,211 |
| Maintenance | $2,464 |
| Insurance | $5,135 |
| Repairs | $1,833 |
| Financing | $1,738 |
| State Fees | $2,490 |
| Total Out of Pocket Expenses | $22,871 |
| Depreciation (Loss in Value) | $11,406 |
| Five-Year Cost to Own | $34,277 |
Ford’s Ranger lost around $11,406 in depreciation but had a five-year cost-to-own expense of $34,277. That was good enough to come second in the midsize trucks that cost less than $25,000 out-of-pocket.
While the Hyundai Santa Cruz looks funky, it delivers on its promises
The 2023 Hyundai Santa Cruz has a lot going for it. Fully capable but still pretty compact and easy to park, the Santa Cruz is a good option. It also starts at only $25,450, making it suitable for a wide variety of budgets.
| Fuel | $8,958 |
| Maintenance | $4,776 |
| Insurance | $5,035 |
| Repairs | $651 |
| Financing | $1,781 |
| State Fees | $2,534 |
| Total Out of Pocket Expenses | $23,735 |
| Depreciation (Loss in Value) | $11,000 |
| Five-Year Cost to Own | $34,735 |
After five years, buyers can anticipate paying $34,735 for the 2023 Hyundai Santa Cruz. It was estimated to cost $23,735 in out-of-pocket expenses and lost about $11,000 in depreciation.
While these numbers won’t be exact for every driver, it does give you a good look at midsize truck ownership costs. Insurance varies from state to state, and one driver’s expenses might be higher than another. Still, sometimes vehicles have a similar price and very different out-of-pocket fees.
