For the best value in motoring, look no further.

Mazda 2 Neo

Mazda -2-Neo

The Mazda 2 Neo is Australia’s least expensive car to run in terms of three-year depreciation and fuel costs. Its 79 percent retained value and the $14,990 entry price do most of the work, while the efficient 1.5-litre four-cylinder uses just 5.4 litres of 91 octane per 100km to contain annual fuel cost. Of the top picks in the class, only the VW Polo 66TSI uses less fuel, at 4.8L/100km, though the second-placed Swift goes close to the Mazda’s figure.

The miserly Mazda’s 12-month service interval counts for points in terms of convenience and should contribute to a cost saving as well, though in the day of five- and seven-year warranties the Mazda’s three years is acceptable rather than outstanding.

So there you have it; if you want to save money, buy a base Mazda 2. And it’s pleasing that, if you want to enjoy your driving in a light car, you should also buy a 2.

Honda Jazz VTi

Honda -Jazz -VTI

Ford Fiesta Ambiente

Ford -Fiesta -Ambiente

Light Cars under $17KMazda 2 Neo manHonda Jazz VTi manFord Fiesta Ambiente man
Purchase Price$14,990$14,990$15,825
Combined cycle fuel (L/100km)5.46.25.8
Fuel RON (min. rec.)919191
Three-year fuel cost$3082$3539$3311
Redbook resale (%)79.069.264.5
Three-year depreciation$3148$4617$5618
AAMI insurance premium$641$641$709
Service interval (months)12612
Warranty (years)333