6 Hrs
Source:
الوئام
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Five-Year Ownership Costs
The report estimated the net five-year cost of owning a car in Saudi Arabia, assuming 75,000 kilometers of driving and a cash purchase, at about SAR 68,447 for a 2026 Kia K3, SAR 72,215 for a 2026 Toyota Corolla, and SAR 75,509 for a 2026 Hyundai Elantra. These figures account for fuel, insurance, maintenance, tires, fees, and the assumed resale value deducted from the total. The K3 was the least expensive in the base-case scenario, but the result depends heavily on the car’s value at resale. In an alternative scenario where the Corolla retains 60% of its price and the K3 45%, the Corolla’s cost falls to about SAR 63,953, compared with SAR 72,064 for the Kia. The report concluded that the purchase price alone does not reflect the true cost, and that running expenses and resale value can change which car is the least expensive.
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Notice: This Is an AI-Generated Summary
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